BTC $82,736.06 +0.90%
ETH $2,442.51 +1.43%
BNB $740.62 +1.50%
XRP $1.33 +2.10%
SOL $105.77 +0.63%
TRX $0.3309 -0.13%
DOGE $0.0814 +2.33%
ADA $0.2229 +2.12%
BCH $283.98 +1.52%
LINK $12.33 +2.12%
HYPE $80.92 +1.83%
AAVE $155.61 +2.82%
SUI $1.02 +2.33%
XLM $0.1811 +1.91%
ZEC $1,260.71 +10.22%
AAPL $338.41 -1.50%
AMZN $264.44 +0.34%
GOOGL $341.89 -0.78%
MSFT $529.41 -0.96%
META $701.10 -0.69%
NVDA $220.87 +1.84%
TSLA $379.87 +3.62%
SNDK $1,408.70 +4.21%
INTC $94.69 +3.99%
SPCX $161.63 +9.32%
MU $921.35 +3.51%
AMD $548.62 +3.13%
BTC $82,736.06 +0.90%
ETH $2,442.51 +1.43%
BNB $740.62 +1.50%
XRP $1.33 +2.10%
SOL $105.77 +0.63%
TRX $0.3309 -0.13%
DOGE $0.0814 +2.33%
ADA $0.2229 +2.12%
BCH $283.98 +1.52%
LINK $12.33 +2.12%
HYPE $80.92 +1.83%
AAVE $155.61 +2.82%
SUI $1.02 +2.33%
XLM $0.1811 +1.91%
ZEC $1,260.71 +10.22%
AAPL $338.41 -1.50%
AMZN $264.44 +0.34%
GOOGL $341.89 -0.78%
MSFT $529.41 -0.96%
META $701.10 -0.69%
NVDA $220.87 +1.84%
TSLA $379.87 +3.62%
SNDK $1,408.70 +4.21%
INTC $94.69 +3.99%
SPCX $161.63 +9.32%
MU $921.35 +3.51%
AMD $548.62 +3.13%

cati

All
Article
Flash

first_img Qualcomm CEO: Global layoffs will be initiated, notifications will be sent out starting in November

According to a report by Reuters cited by Phoenix Technology, Qualcomm CEO Cristiano Amon informed employees in an internal memo that the company will initiate performance-focused global layoffs following the annual employee evaluations, with notifications set to begin in November. The memo reviewed by Reuters was sent out on Monday, and Amon stated that this move aims to establish a stronger performance culture and address the company's ongoing failure to meet expectations.The memo did not disclose the number of layoffs, and Reuters is currently unable to determine the scale. Amon mentioned that the layoffs will take into account business priorities, organizational needs, skills, and expertise; as the business expands, the required capabilities and skills are also changing, and it is essential to have the right people in the right positions. Qualcomm has not yet responded to Reuters' request for comment. As of September 2025, Qualcomm has approximately 52,000 employees worldwide, most of whom are full-time, with the fiscal year typically ending in late September.As one of the world's largest smartphone chip manufacturers, Qualcomm has been impacted this year by sluggish sales of consumer electronics, and soaring memory chip prices have suppressed demand in key markets. Since the beginning of the year, Qualcomm's stock price has increased by about 1.5%, while the S&P 500 index has risen by over 12% during the same period, and the Philadelphia Semiconductor Index has seen an increase of nearly 60%. On Tuesday, Qualcomm's stock price fell by about 1% in pre-market trading. In the most recent earnings report released in late July, Qualcomm projected that quarterly profits would fall below market expectations and indicated that revenue from Apple products would decline faster than previously anticipated, while stating that by fiscal year 2027, growth in data centers and other non-mobile businesses would be sufficient to offset the aforementioned losses and provide additional growth.

Bitwise and Hyperliquid request the SEC to amend cryptocurrency regulations: focusing on token classification, airdrops, and secondary market trading

The asset management company Bitwise Asset Management and the Hyperliquid Policy Center submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), requesting modifications to the proposed cryptocurrency rules to clarify token classification, airdrops, and secondary market trading rules. The SEC's proposed Regulation Crypto Assets would establish exemptions for eligible cryptocurrency financing and provide a conditional safe harbor for tokens related to investment contracts.Bitwise requested clarification on the standards for investment managers to determine whether tokens are subject to securities laws. The Hyperliquid Policy Center called for an expansion of the safe harbor scope and clarification of the rules for airdrops and token buybacks that reward network participants. The organization also requested that the SEC clarify whether unregistered intermediaries can facilitate token trading and whether tokens can be freely traded through on-chain protocols. Former SEC enforcement official John Reed Stark and Duke University finance scholar Lee Reiners called for the proposal to be withdrawn, arguing that it exceeds the SEC's statutory authority and undermines investor protection. The SEC will decide to amend, adopt, or withdraw the rules after the public comment period ends, and the final rules must be voted on by the commission before taking effect.

The CFTC of the United States rebuts the lawsuit qualification of CME: stating that it has not reasonably explained how the perpetual contract policy caused financial harm

The U.S. Commodity Futures Trading Commission (CFTC) stated in its latest court filing that CME only claims increased competition without reasonably explaining the existence of imminent financial harm, which is insufficient to qualify for a lawsuit challenging its perpetual contract policy. The CFTC pointed out that after the policy adjustment, CME's cryptocurrency futures trading volume has actually increased.In May of this year, the CFTC approved Kalshi's first Bitcoin perpetual contract and stated that it would regulate such products on a case-by-case basis under futures regulations. CME, on the other hand, believes that perpetual contracts do not have an expiration date and should be classified as swaps rather than futures, subject to a different regulatory framework. Last month, the CFTC requested a federal judge to dismiss the case, and this filing further elaborated on its rebuttal to CME's standing in the lawsuit.The CFTC also noted that CME had previously informed investors that it had not heard customer demand for perpetual contracts, and that such products could not replace its existing futures, and that it should not take different positions in court and during earnings calls. TD Cowen policy analyst Jaret Seiberg believes that CME may still have the upper hand regarding its standing in the lawsuit and the argument that the products should be classified as swaps. However, he is concerned that if the perpetual contract market continues to grow during the litigation, it may become more complicated to dismantle this market if CME wins.

first_img Apple expands App Store review, violating AI deepfake applications will be removed

Apple Inc. announced the expansion of App Store review rules to include the regulation of AI-generated non-consensual intimate images. The platform had previously banned pornographic content, and the new rules require developers to proactively prevent and remove AI-generated deepfake content. If effective action is not taken, applications containing such violations will be forcibly removed from the store.The updated Clause 1.2 specifically mentions applications that create AI content and names controversial products such as Grok. Previously, users complained that Grok, a product of xAI, was used to create nude and sexually suggestive deepfake images. Earlier this year, Apple warned xAI that if such content continued to spread, Grok would be removed from the App Store; subsequently, xAI implemented safety measures, and the updated version was approved.The newly added Clause 2.5.19 targets so-called "bait-and-switch" tactics, stating that if developers hide new features or modules outside of the submitted review version, especially harmful features like "de-clothing" that are activated only after approval, they may be removed from both the App Store and the Apple Developer Program. Updates to Section 5 will also extend the ban on applications promoting human trafficking or child exploitation to alternative application distribution channels. Apple stated that when developers violate these guidelines, the related applications will be removed, and the developer's eligibility will be terminated.

Justin Sun's latest personal asset allocation: BTC base position unchanged, ETH reduced by 80-90% and reinvested in US stocks

Recently, TRON founder Justin Sun shared his views on personal assets outside of TRON during a 3.5-hour offline discussion with Jin Ming. The core configuration points are as follows:BTC: As a base asset, there has been no reduction in holdings over the past year. Although concerned about the impact of quantum computing and AI algorithms, believing the market has not fully priced in the related risks, he still insists on holding and has adopted a cold wallet sheltering mode for isolation.ETH: Reduced holdings by about 80%-90% in the $3600-$4000 range last year, currently retaining only about 20% of the base asset for observation, and has not repurchased. Most of the funds from the reduction have been transferred to U.S. stocks.NVIDIA: Main position in U.S. stocks, positioned as a base asset in the AI field, heavily invested and not reduced.NASDAQ 100: Heavily held. Slightly bearish in the medium term (due to capital clustering, high interest rates, etc.), but no short positions taken, and the position is retained.A-shares: No holdings. Overall bearish on traditional assets, more inclined towards AI applications and Web3 directions.In the interview, Justin Sun emphasized that ETH is an aggressive asset, BTC is a base asset, and he is optimistic about applications in AI health management, while being bearish on certain hardware sectors. The above is a summary of the interview points, not a complete balance sheet.
app_icon
ChainCatcher Building the Web3 world with innovations.