January, 2025

January, 2025

Inside the Stream: Peacock Steady, Super Bowl Ads Soar, Streaming Insights
Peacock subscribers held steady at 36 million from Q3 to Q4, though up from 31 million a year ago. Importantly Peacock’s quarterly loss declined from $825 million in the year ago quarter to $372 m...

‘Exit Packages’ and Defunding Push May Drastically Reshape Financial Regulators
The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated — will extend to financial regulations. These disrupti...

Kraken Revenue More Than Doubled During 2024 Crypto Boom
Last year’s cryptocurrency boom was very good news for the Kraken exchange. The company’s revenue more than doubled in 2024 from $671 million to $1.5 billion, Bloomberg News reported Friday (J...

Elon Musk’s Father Joins Ranks of Meme Coin Minters
Add Elon Musk’s father to the list of the world’s meme coin creators. Errol Musk and business partner Nathan Browne aim to raise $150 million to $200 million from a token project called “Musk It...

This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank Invests in OpenAI
DeepSeek was the talk of Silicon Valley and Wall Street this week after it singlehandedly wiped nearly $600 billion of market value from Nvidia. Its $5.6 million cost to train its foundation models wi...

Banks See Lukewarm Lending in Spite of Wall Street Rally
Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31), these are all factors that ...

Making Sense of Meme Coins, Digital Assets and Crypto’s Future
The debate over whether cryptocurrency markets are a “casino,” or whether digital assets can be a valuable financial innovation has yet to find a comprehensive, scalable answer as the industry con...

TikTok Traffic Ramps Back Up as Creators Look Elsewhere
TikTok’s traffic has returned to normal following a steep drop after a recent shutdown. Usage of the popular video app dropped 85% during its brief U.S. ban earlier this month but has since come ba...

Top Treasury Official Lebryk Quits Over Clash With Musk’s Department of Government Efficiency
U.S. Department of the Treasury Fiscal Assistant Secretary David A. Lebryk is reportedly leaving following a clash with Elon Musk’s allies. The disagreement involved a request by officials from the ...

Wise Responds to CFPB Claims, Penalty
Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a statement pertaining to an enforcement action against global Fintech Wise. The action arrived with a $2.5 million penalty for the fi...

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B&T Television

February