Microsoft Xbox, Sony PlayStation, Nintendo: Video game earnings round-up

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The giants of the video game world saw their sales slide in the second quarter, as initial tailwinds from the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted … Read more

Hodler’s Digest, July 31-Aug 6

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   Crypto fundraising hits $30.3B in H1, outpacing all of … Read more

Colorado mountain towns lack affordable housing, car camping sites

SALIDA — Blocked from sleeping in vehicles parked within municipal boundaries, workers in profit-minded Colorado mountain towns now must seek “safe outdoor space” — in Walmart lots, forests or newly designated areas with Wi-Fi and access to bathrooms. But homeowners oppose these SOS zones in Salida and Breckenridge as “band-aids” encouraging vehicle-based living. And workers … Read more

The mysterious companies behind Costco’s Kirkland Signature and Trader Joe’s O’s

Costco generates nearly one-third of its sales from its Kirkland Signature label. As prices surge, store brands — also known as private labels, white labels or generic brands — have become an even more attractive option for inflation-fatigued shoppers who are looking to switch from pricier name brands. (David Paul Morris, Bloomberg/Getty Images) Estimated read … Read more

Will your favorite HBO Max shows and movies survive Warner Bros. Discovery’s new world order?

Corporate megamergers do not usually concern the average person. Companies devour each other on the regular, and most of us are none the wiser about the fallout such events produce until the products or services you assumed would always be there for you suddenly vanish without explanation, become more expensive or decrease in quality. When … Read more

This Week on Crypto Twitter: Michael Saylor Leaves CEO Role to ‘Focus More on Bitcoin,’ Nomad and Solana Get Hacked

Illustration by Mitchell Preffer for Decrypt After two consecutive weeks of growth, crypto markets cramped up a bit. Even as reports of liquidity troubles appear to have slowed, investors were cautious. This week, Bitcoin-HODLing corporations Block Inc. and MicroStrategy both reported significant impairment charges on their holdings. Block is down $36 million, while MicroStrategy is … Read more

Auto lobby group worries that most U.S. EVs disqualified for EV tax credit

Automaker lobby group Alliance for Automotive Innovation says that if additional sourcing requirements go into effect, U.S. automakers won’t qualify for the full credit. According to Reuters, these automakers have been privately expressing their worries about the proposal’s increasing requirements regarding batteries and critical mineral contents being sourced from the U.S. John Bozzella, head of … Read more