According to Coin World News, ByteDance is planning a stock buyback valued at $400 billion, highlighting the scale of this private company in competing with Meta Platforms for attention and advertising revenue. According to relevant information, the proposed buyback amount could be as high as $6 billion. ByteDance reported revenue of about $120 billion in the first half of 2026, a year-on-year increase of about 30%. Net profit was about $20 billion, declining due to the company's increased inves

According to Coin World Network, U.S. Secretary of Transportation Sean Duffy held a press conference at the White House regarding the nationwide airport flight shutdown, stating that the incident was caused by a "telecommunication failure" and the public "need not panic." Duffy said that during the ground stop order, there was no complete communication or radar system outage. He stated that the failure originated from issues with the old network system and hopes Congress will provide emergency f

According to Coin World Network, U.S. Secretary of Transportation Sean Duffy stated at the White House that the nationwide flight suspension was caused by issues with the outdated network system. He called on Congress to provide $50 billion in emergency funding for upgrading the air traffic control system. He emphasized that during the suspension, there was no complete failure of communication or radar systems, and stated that the incident was unrelated to Microsoft's service application failure

According to Coin World Network, on-chain analyst Yu Jin reported that the whale/institution "7 siblings" bought approximately $22 million worth of ETH at a transaction price of $2038 when the Ethereum (ETH) price dropped to the $2000 mark. As ETH continued to decline, they bought again 6 hours ago, spending $18.877 million to purchase 9,766 ETH at a transaction price of $1933. During this downturn, they have cumulatively spent $40.88 million to buy 20,558 ETH at an average price of $1988.

According to Coin World Network, based on monitoring by on-chain analyst Yu Jin, three pump.fun team or early investor wallets unlocked 1.458 billion pump tokens 8 hours ago and transferred them to Coinbase Prime, valued at approximately $5.01 million. These three wallets were allocated a total of 70 billion pump tokens, with the related tokens unlocking since July. The 1.458 billion pump tokens transferred to Coinbase Prime this month correspond to the amount unlocked by these three wallets thi

According to Coin World Network, Tesla has announced that it has started accepting Cybercab orders from select customers and is preparing to launch this driverless car to the general public. This two-seater car without a steering wheel or pedals has previously been operated in Austin as part of Tesla's autonomous taxi (Robotaxi) service. The company's official autonomous taxi account posted on the X platform on Friday that currently, Cybercab will be available for purchase by "specific customers

According to Coin World Network, Bloomberg reported that the FBI believes the communication issues affecting U.S. air traffic control were not caused by cyberattacks or criminal activity. One current line of investigation is whether the outage was triggered by a software update. Earlier that day, U.S. Transportation Secretary Sean Duffy stated that because all en route traffic control centers were affected by communication problems, the Federal Aviation Administration had issued a ground stop fo

Coin World data: BTC inflow in the past 24 hours is 13,506.6295 BTC, outflow is 13,491.3473 BTC, with a net inflow of 15.2822 BTC. This figure comes from the rolling 24-hour BTC fund distribution interface, with net amount calculated as inflow minus outflow. It does not represent exchange net inflow, on-chain exchange traffic, or institutional fund flow, nor should it be mixed with deposit and withdrawal data of any single exchange. Compared to the snapshot of the same caliber 24 hours ago, it h

According to Coin World News, Carlos Domingo, co-founder and CEO of the securities tokenization platform Securitize, posted on X that the company has submitted a comment letter to the U.S. SEC supporting a conditional five-year exemption for qualified tokenized securities trading venues. This exemption would allow them to trade certain tokenized U.S. stocks through automated market makers (AMMs) and liquidity pools with access restrictions. Securitize supports tokenized stocks having the same di

According to Coin World Network, Cisco reported first-quarter revenue of $18.52 billion, a year-over-year increase of 24%. Adjusted earnings per share were $1.40, exceeding analysts' expectations of $1.33. Operating cash flow grew 36% to $4.4 billion. Management stated that the number of employees decreased by a low single-digit percentage. Cisco's updated outlook shows expected revenue growth per employee of about 19%, with an additional $19 billion in revenue over the next two years, despite h