Sequans Communications has fully redeemed its July 2025 convertible debt by selling part of its bitcoin holdings, reducing its Bitcoin treasury to 658 BTC and nearly eliminating its debt. The Paris-based IoT semiconductor company is ending its digital asset treasury strategy and plans to monetize the remaining Bitcoin over time. CEO Georges Karam emphasized a renewed focus on scaling the company's IoT chipsets and 5G eRedCap technology, aiming for growth in smart metering, asset tracking, telematics, and industrial IoT sectors. This move simplifies Sequans' capital structure and positions it for future expansion in 5G and IoT markets.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
