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Here’s a quick recap of the crypto landscape for Monday (June 30) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$107,538, up 0.2 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$106,831 and a high of US$107,802 at the opening bell.

Bitcoin price performance, June 27, 2025.

Chart via TradingView.

Ethereum (ETH) closed at US$2,510.38, up by 3.1 percent over the past 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$2,443.56.

Altcoin price update

  • Solana (SOL) was priced at US$156.95, up by 4.1 percent over 24 hours. Its highest valuation as of Monday was US$158.34, and its lowest was US$150.53.
  • XRP was trading for US$2.29, up by 5.5 percent in 24 hours and its highest valuation on Monday. The cryptocurrency’s lowest valuation was US$2.17.
  • Sui (SUI) is trading at US$2.82, showing an increaseof 0.5 percent over the past 24 hours. Its lowest valuation was US$2.75, and its highest valuation was US$2.83.
  • Cardano (ADA) is priced at US$0.5829, up by 4.8 percent in the last 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$0.5589.

Today’s crypto news to know

REX to launch Solana staking ETF this week

The REX-Osprey Solana and Staking ETF is set to launch on Wednesday (July 2), as confirmed by issuer REX Shares on Monday. Analysts had predicted this news was imminent just days before its release.

This fund, the first US-staked cryptocurrency ETF, will enable investors to hold Solana and generate yield through staking, potentially fostering wider institutional adoption of cryptocurrency.

REX’s launch comes after thoughtful consideration by the US Securities and Exchange Commission. The commission had previously asserted that the company’s unique C-Corp business structure could be in conflict with Rule 6c-11 under the Investment Company Act of 1940, which governs how ETFs operate and are regulated. REX updated its prospectus with positive feedback, securing regulatory approval for the fund.

OSL soars after buying Canadian crypto firm Banxa

OSL Group (HKEX:0863), a Hong Kong-listed digital asset platform, saw its shares spike 10 percent after announcing it had acquired Canadian crypto payments firm Banxa. The acquisition supports OSL’s ambitious global expansion strategy, which includes applying for stablecoin licenses as new regulatory frameworks emerge.

Finance Chief Ivan Wong explained that acquiring Banxa would enhance OSL’s cross-border payments capabilities and boost its role in the growing stablecoin market.

Hong Kong’s stablecoin bill, set to take effect on August 1, is a major catalyst for this expansion, with Chinese giants already showing interest. OSL is already licensed in Australia, with deals in Japan, Europe and Indonesia soon to close. The company aims to be a key stablecoin issuer in Asia and beyond.

Metaplanet strengthens Bitcoin treasury with fresh bond issuance

Tokyo-based Metaplanet (OTCQX:MTPLF,TSE:3350) has added another 1,005 BTC to its corporate treasury, pushing its total holdings to 13,350 BTC. To further build its crypto war chest, the company announced a zero-interest bond issuance worth US$208 million, designed to finance additional Bitcoin purchases.

Metaplanet is well known for its aggressive Bitcoin strategy, which has made it one of the world’s largest corporate holders of the cryptocurrency. Just last week, the hotel and investment firm raised US$515 million through an equity issuance to support its Bitcoin ambitions.

At current market prices around, Metaplanet’s Bitcoin stash is worth well over US$1.4 billion.

The Blockchain Group expands Bitcoin holdings and capital pool

Paris-based the Blockchain Group has further strengthened its Bitcoin treasury with the purchase of 60 BTC for around 5.5 million euros, boosting its holdings to 1,788 BTC.

The firm also raised about 600,000 euros by exercising warrants, allowing it to buy an additional 6 BTC.

Blockstream CEO Adam Back invested in the firm’s share offering, subscribing to over 2.1 million new shares, while French asset manager TOBAM contributed nearly 143,000 euros, supporting the purchase of 13 more BTC.

The company conducted an “ATM-type” capital increase with TOBAM, raising 4.1 million euros to fund 41 BTC.

Altogether, the Blockchain Group has secured a BTC yield of roughly 1,270 percent so far this year, with gains amounting to about 46.7 million euros.

Backed Finance launches tokenized stock product

Backed Finance, a company focused on bridging traditional financial assets like stocks and ETFs onto blockchain through tokenization, announced the launch of its tokenized stocks product, xStocks, on Monday.

60 stocks are now accessible on Bybit, Kraken and several Solana DeFi protocols, providing users with exposure to traditional stocks through blockchain infrastructure.

‘xStocks represent a monumental leap forward in democratizing access to financial markets,’ said Adam Levi, co-founder of Backed, in a press release. ‘By bringing familiar assets onto the blockchain with unprecedented accessibility, we are not just bridging traditional finance and DeFi; we are building the foundational blocks for a truly open, efficient, and inclusive global financial system where everyone can participate in wealth creation.’

Chainlink rolls out Automated Compliance Engine

Chainlink announced an early access rollout of its Automated Compliance Engine on Monday.

Built on the Chainlink Runtime Environment and launched in collaboration with Apex Group, GLEIF and ERC-3643 Association, the system automates the process of checking and enforcing financial rules for both traditional and blockchain-based financial activities, making it easier for established financial institutions to use new blockchain technologies in a compliant and safe way.

Topnotch Crypto launches adaptive yield contracts

Topnotch Crypto has launched its new adaptive yield contracts, which the company says are aimed at helping crypto investors maintain returns despite ongoing market volatility.

The contracts use proprietary predictive yield-switching artificial intelligence to automatically rotate customer funds between cloud mining and staking, depending on which is more profitable in real time.

The company’s strategy analyzes a range of on-chain data, from network congestion to staking rates, to continuously optimize yields. Unlike many passive strategies, the adaptive yield approach gives investors exposure to multiple cryptocurrencies to spread out risk. Another highlight is Topnotch’s use of geothermal and solar energy, which helps keep costs down while supporting sustainability goals.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Donald Trump must be feeling pretty powerful.

He’s even demanding that Israel cancel the criminal trial of Bibi Netanyahu.

By any objective analysis, whether you like the president or not, he has been on an incredible winning streak for the last two weeks. Everything seems to be breaking his way.

And as he racks up these victories, from the powder keg of the Middle East to the staunchly conservative Supreme Court, he seems to grow bigger and stronger, like some comic book superhero, and then zap his next adversary.

By hitting Iran’s nuclear sites with 30,000-pound bombs – even as we debate the impact – Trump took a risk that stunned the world.

With media liberals and Democrats still in full resistance mode, the coverage has been largely negative, but that doesn’t matter. Since his days as a New York developer, he has been boosted by critical coverage because that drives the news agenda and gets everyone chattering about his preferred topic. 

But telling another country to drop criminal charges against its leader is a whole new level of what his native city calls chutzpah.

Trump posted the following: ‘It is terrible what they are doing in Israel to Bibi Netanyahu. He is a War Hero, and a Prime Minister who did a fabulous job working with the United States to bring Great Success in getting rid of the dangerous Nuclear threat in Iran.’

Netanyahu is in ‘the process of negotiating a Deal with Hamas, which will include getting the Hostages back,’ and Trump wonders how the Israelis could force him ‘to sit in a Courtroom all day long, over NOTHING.’

As Axios points out, Netanyahu is charged with bribery, fraud and breach of trust:  

‘He’s accused of accepting more than $200,000 in gifts from wealthy businessmen, and of granting regulatory benefits worth hundreds of millions of dollars to a telecom tycoon in exchange for favorable news coverage.’

The trial has dragged on for four years, thanks to Netanyahu’s delaying tactics, and there was this war thing that intervened. 

So now Trump has called for the trial to be cancelled or Netanyahu granted a pardon – and done it quite openly. 

Imagine if a foreign head of state urged this country to drop charges against a major political figure. But Trump doesn’t play by everyone else’s rules.

Another Trumpian tactic is to make a big move immediately after a major uproar, when the public and press barely has time to digest the previous controversy. 

So the president cut off trade talks with Canada to protest its taxation of major American tech companies such as Amazon and Google. This involves revenue they earn from online marketplaces, data and social media involving Canadian users.

Before the weekend was out, Canada caved and rescinded the taxes. It’s another case of Trump’s tough-guy negotiating tactics getting instant results.

The not-so-beautiful budget bill in the Senate is another classic case. Elon Musk – did you really think he’d stay quiet for long? – calls it ‘utterly insane’ and ‘political suicide for the Republican Party.’ The CBO says it would add $3.3 trillion to the deficit over a decade. The Senate measure would also make deep cuts in Medicaid, which Trump has vowed to protect. 

Here’s the point: One of the loudest Republican critics is Sen. Thom Tillis, who has been voting against a bill he says would betray the president’s promise to protect those on Medicaid. Trump has trashed him, saying he will recruit a challenger to oust him from the Senate in next year’s primary. 

The next day, literally, Tillis announced that he would not run for reelection. 

So Trump can save his money. He knocked out the North Carolina lawmaker with a couple of postings. 

And then there’s the Supreme Court.

By ruling that local judges cannot issue nationwide injunctions, the court has immensely increased the power of Trump and the executive branch. The 6-3 decision came in the birthright citizenship case, though not on the merits, and tore down one of the last guardrails against unchecked presidential power.

It applies to Democratic presidents too, though far more of these injunctions – 40 – have been brought against Trump just in the opening months of his second term. Joe Biden faced 14 in the first three years of his term.

These injunctions – which have always seemed unfair to me, on both sides – also extend Trump’s winning streak in the high court. He has, after all, appointed three of the six justices that make up the conservative majority.

And that’s not all. SCOTUS ruled that parents with religious objections can pull their children out of public school classrooms when books with LGBTQ themes are being taught.

In yet another decision, the court upheld a Tennessee law banning some forms of transition surgery for transgender youths. Trump has ordered transgender members of the military to leave the service.

Sonia Sotomayor read two blistering dissents from the bench, especially in the birthright citizenship case: ‘Today’s decision is not just egregiously wrong, it is also a travesty of law…No right is safe.’ 

Trump has made clear that he will use expanded powers to be even more aggressive than in the past. Throw in his pressure tactics and funding freezes against elite law firms and Ivy League universities and you have an emboldened president even more determined to stick it to his opponents and detractors.

Of course, even Trump has his limits. The effort to derail Netanyahu’s corruption trial was destined to fail. 

Oh wait.

An Israeli court yesterday canceled this week’s hearings on diplomatic and national security grounds, based on classified information provided by the prime minister and the Mossad spy agency. 

Coincidence?

This post appeared first on FOX NEWS

A deal that had been reached between Sens. Marsha Blackburn, R-Tenn., and Ted Cruz, R-Texas, over how states can regulate artificial intelligence has been pulled from President Donald Trump’s ‘big, beautiful’ bill.

The collapsed agreement would have required states seeking to access hundreds of millions of dollars in AI infrastructure funding in the ‘big, beautiful’ bill to refrain from adopting new regulations on the technology for five years, a compromise down from the original 10 years.

It also included carveouts to regulate child sexual abuse material, unauthorized use of a person’s likeness and other deceptive practices.

Blackburn announced Monday night that she is withdrawing her support for the agreement.

‘For as long as I’ve been in Congress, I’ve worked alongside federal and state legislators, parents seeking to protect their kids online, and the creative community in Tennessee to fight back against Big Tech’s exploitation by passing legislation to govern the virtual space,’ Blackburn said in a statement to Fox News.

‘While I appreciate Chairman Cruz’s efforts to find acceptable language that allows states to protect their citizens from the abuses of AI, the current language is not acceptable to those who need these protections the most,’ she continued. ‘This provision could allow Big Tech to continue to exploit kids, creators, and conservatives.’

Blackburn added: ‘Until Congress passes federally preemptive legislation like the Kids Online Safety Act and an online privacy framework, we can’t block states from making laws that protect their citizens.’

When asked about Blackburn pulling her support for the compromise, Cruz told Punchbowl News the ‘night is young.’

But Blackburn appears to now be co-sponsoring an amendment with Sen. Maria Cantwell, D-Wash., that would completely pull the AI moratorium from the bill.

Cantwell had earlier said that the since-scrapped deal between Blackburn and Cruz would do ‘nothing to protect kids or consumers.’

‘It’s just another giveaway to tech companies,’ Cantwell said in a statement Monday. ‘This provision gives AI and social media a brand-new shield against litigation and state regulation. This is Section 230 on steroids.’

Blackburn is one of several Republicans who have expressed concerns about the 10-year ban on state AI regulation.

Last week, 17 Republican governors wrote a joint letter to Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La., calling for the pause to be scrapped completely.

‘AI is already deeply entrenched in American industry and society; people will be at risk until basic rules ensuring safety and fairness can go into effect,’ the letter reads. ‘Over the next decade, this novel technology will be used throughout our society, for harm and good. It will significantly alter our industries, jobs, and ways of life, and rebuild how we as a people function in profound and fundamental ways.’

‘That Congress is burying a provision that will strip the right of any state to regulate this technology in any way – without a thoughtful public debate – is the antithesis of what our Founders envisioned,’ it continued.

Some House Republicans also said they do not support the AI provision, including Rep. Marjorie Taylor Greene, who admitted she found out about it a few days after voting for Trump’s spending bill.

‘Full transparency, I did not know about this,’ Greene wrote on X. ‘I am adamantly OPPOSED to this and it is a violation of state rights and I would have voted NO if I had known this was in there.’

This post appeared first on FOX NEWS

The State Department has joined the pope in lashing out at the latest massacre of Christians in Nigeria, reportedly by Islamist Fulani ‘terrorists.’

Pope Leo XIV declared during a recent address to thousands at the Vatican that ‘some 200 people were murdered, with extraordinary cruelty’ on June 13 in Yelewata, in Nigeria’s Benue State.

Late Monday, a State Department spokesperson told Fox News Digital, ‘We strongly condemn these increasing attacks, including recent massacres in Benue state which primarily targeted Christian farming villages.’

‘Shouting ‘Allahu Akbar’ (Arabic for ‘God is great’), they (the attackers) burnt the buildings and attacked people with guns and machetes,’ NGO Aid to the Church in Need wrote in a statement, adding that the militants ‘used fuel to set fire to the doors of the people’s accommodation before opening fire.’

The pope told the crowds in Rome that the majority of those ‘brutally killed’ in Yelewata had been sheltering in a Catholic sanctuary. ‘Most of the victims were internal refugees, who were hosted by a local Catholic mission,’ the pontiff stated. He added that he would pray for ‘security, peace and justice,’ particularly for ‘rural Christian communities of the Benue state who have been relentless victims of violence.’

Nigeria is one of the most dangerous places in the world to be a Christian, according to Open Doors International’s 2025 World Watch List (WWL). Of the 4,476 Christians killed worldwide in WWL’s latest reporting period, 3,100 of those who died – 69% – were in Nigeria. 

Talking to Fox News Digital, a State Department spokesperson reinforced reports that the attacks on Christians are being carried out by Islamic militant groups. ‘The United States remains deeply concerned about the levels of violence in Nigeria, including the threats posed by terrorist groups like Boko Haram and ISIS-West Africa in northern Nigeria, and the impact that violence has on all communities in Nigeria.’

This year, Islamist militants have often attacked areas of Nigeria where the people are predominantly Christian. Benue State, where the latest massacre took place, is said to be 93% Christian. 

One Nigerian church leader, who asked to remain anonymous for his safety, told Fox News Digital just last month that what the attackers ‘want is to be sure that Islam [takes] over every part of these places. … And so they’re doing everything to make sure that Christianity is brought down and Islam is [the] established No. 1. They want to make sure that Sharia law (strict Islamic law) has taken over Nigeria.’

The State Department spokesperson appeared to back up this viewpoint, saying, ‘violent extremist groups target a wide range of civilians and military targets as part of their broader campaign against a secular state. The increase in violent Islamic extremism and repeated attacks against vulnerable communities in Nigeria must be addressed more effectively.’

A Nigerian bishop told Fox News Digital in June that he had been threatened and his home village murderously attacked after he appealed to lawmakers at a March congressional hearing for the killing of Christians to stop.

Bishop Wilfred Anagbe said that after he went to Washington to testify, ‘terrorist Jihadists’ killed 20 parishioners in four attacks in 10 days in his diocese, the area he is responsible for.

Now, the bishop is in hiding after several foreign embassies in Nigeria’s capital Abuja warned him of credible high-level official threats that ‘something might happen to him.’

The State Department spokesperson added, ‘We regularly urge the Government of Nigeria to intensify their efforts to protect civilians, enforce rule of law, and hold perpetrators accountable. The United States partners with the Government of Nigeria to strengthen Nigeria’s counterterrorism capabilities, working together toward the elimination of terrorist organizations and their networks of support.’

The Nigerian government did not respond to a Fox News Digital request for comment. However, President Bola Tinubu visited Benue State this past week and told reporters, ‘Let’s fashion out a framework for lasting peace.’ 

The same day, in the same district, six more people were reported to have been killed.

This post appeared first on FOX NEWS

Senior Democratic Party officials vowed Monday to ‘fight tooth and nail’ to keep in place federal campaign spending limits up for Supreme Court review this fall — describing the GOP-led effort to repeal the limits as unprecedented and dangerous ahead of the 2026 midterm elections.

The Supreme Court on Monday agreed to review the case, National Republican Senatorial Committee v. Federal Election Commission, taking up a challenge filed by the National Republican Senatorial Committee, the National Republican Congressional Committee, and on behalf of two Senate Republican candidates, including now-Vice President JD Vance, following the 2022 elections.

In a statement Monday, the Democratic campaign groups vowed to fight back against what they characterized as the GOP’s attempt to ‘sow chaos and fundamentally upend our campaign finance system, which would return us to the pre-Watergate era of campaign finance.’

At issue are federal spending limits that restrict the amount of money political parties can spend on behalf of certain candidates — and which Republicans argue run afoul of free speech protections under the First Amendment of the Constitution.

A decision from the Supreme Court’s 6-3 conservative majority could have major implications on campaign spending in the U.S., further eroding the Federal Election Campaign Act of 1971, a law Congress passed more than 50 years ago with the aim of restricting the amount of money that can be spent on behalf of candidates.

That law, and subsequent amendments, restricts the amount of money that political parties can funnel into certain campaigns.

Senior Democratic Party officials described the GOP-led effort Monday as the latest effort by Republicans to claw back campaign spending limits and erode some 50 years of federal election law.

‘Republicans know their grassroots support is drying up across the country, and they want to drown out the will of the voters,’ DCCC chair Suzan DelBene, DSCC chair Kirsten Gillibrand, and DNC chair Ken Martin said in a joint statement Monday. 

The case is almost certain to be one of the most high-profile cases heard by the Supreme Court this fall.

Adding to the drama is the involvement of the Trump-led Justice Department, which said in May that it planned to side with the NRSC in the case — putting the Trump administration in the somewhat unusual position of arguing against a law passed by Congress.

Justice Department officials cited free speech protections as its basis for siding with the NRSC, which they said represents ‘the rare case that warrants an exception to that general approach’ of backing federal laws.’ 

Meanwhile, the Democratic groups sought to go on offense with their message, describing the GOP efforts as the latest iteration of a decades-long effort to ‘rewrite’ election laws in ways that benefit the party. They cited another Republican-led challenge to campaign spending limits brought more than 20 years ago, in Colorado Republican Federal Campaign Committee v. FEC. 

That challenge was ultimately rejected by the high court, DNC officials noted.

‘To date, those efforts have failed at every turn, ensuring a stable, predictable campaign finance structure for party committees and political candidates across the country,’ DNC officials said. 

Meanwhile, Republican officials praised the Supreme Court’s decision to take up the case, which they described as helping the GOP ensure they are in ‘the strongest possible position’ ahead of the 2026 midterms and beyond.’

‘The government should not restrict a party committee’s support for its own candidates,’ Sen. Tim Scott, R-S.C., and Rep. Richard Hudson, R-N.C. who chair the NRSC and NRCC, respectively, said Monday.

‘These coordinated expenditure limits violate the First Amendment, and we appreciate the court’s decision to hear our case,’ they added.

This post appeared first on FOX NEWS

Many senators failed to get their amendments across the finish line during the chamber’s vote-a-rama on Monday, leaving the future of President Donald Trump’s ‘big, beautiful bill’ uncertain.

Two key failures came from Sen. Susan Collins, R-Maine, and Sen. John Cornyn, R-Texas, with the former proposing a plan that would have boosted funding for rural hospitals and the latter calling for further cuts to Medicaid. 

Collins and Cornyn were far from the only lawmakers who had amendments fail, however. Here are some details on some of the unsuccessful efforts, plus one that succeeded with nearly unanimous support.

Rural hospital funding

Collins’ amendment would have doubled funding for rural hospitals from $25 billion to $50 billion over the next 10 years, and it would have allowed a larger number of medical providers to access the funds.

‘Rural providers, especially our rural hospitals and nursing homes, are under great financial strain right now, with many having recently closed and others being at risk of closing,’ Collins said prior to the vote. ‘This amendment would help keep them open and caring for those who live in rural communities.’

Collins said the bill was something of an olive branch to Democrats, who had criticized the cuts to Medicaid involved in the megabill. Her amendment would also have raised tax rates for individuals who make more than $25 million per year and couples who make more than $50 million.

‘They’ve complained repeatedly about the distribution in this bill, of Medicaid cuts hurting individuals, rural hospitals, and tax cuts being extended for people who are wealthy, and yet when I tried to fix both those problems, they took a very hypocritical approach,’ Collins said.

Sen. Ron Wyden, D-Ore., argued Collins’ amendment was merely putting a ‘Band-Aid on an amputation.’

Expanded Medicaid cuts

Cornyn was joined by Sens. Rick Scott, R-Fla., and John Barrasso, R-Wyo., in pushing an amendment cutting an additional $313 billion in Medicaid funding on Monday.

The trio said they were pushing to limit the growth of Medicaid, and they had been confident the adjustment would pass. All three were seen entering Senate Majority Leader John Thune’s office on Monday as it became clear the amendment lacked support.

The base bill already cuts some $930 billion in funding for Medicaid, leading many of the trio’s colleagues to balk at further cuts.

‘It just seems like we’ve taken it as far as I’m comfortable taking it,’ said Sen. Jim Justice, R-W.V., regarding trims to Medicaid.

Boosting deductibles for teachers

Kennedy had proposed an amendment that would have allowed teachers to deduct $600 in school supplies that they pay for out of pocket each year.

The proposal ultimately failed in a 46-54 vote.

Child tax credit enhancement

Bennet proposed an amendment that would have increased both the amount and availability of the child tax credit included in the megabill, but it failed to garner enough support.

The Senate rejected Bennet’s proposal in a 22-78 vote.

Clearing the way for state AI laws

One amendment that did succeed was a measure that killed a provision in the bill that would have placed a 10-year moratorium on state AI regulations.

The original version of the bill would have forced states to choose between enforcing AI regulations or accepting federal funding to expand broadband internet access. Sens. Edward Markey, D-Ma., and Marsha Blackburn, R-Tenn., joined Sen. Maria Cantwell in sponsoring the amendment.

‘The Senate came together tonight to say that we can’t just run over good state consumer protection laws,’ Cantwell said Monday. ‘States can fight robocalls, deepfakes and provide safe autonomous vehicle laws. This also allows us to work together nationally to provide a new federal framework on Artificial Intelligence that accelerates U.S. leadership in AI while still protecting consumers.’

The Senate passed the amendment in an overwhelming 99-1 vote.

Sen. Thom Tillis, R-N.C., was the sole vote opposing the measure.

This post appeared first on FOX NEWS

It’s a bittersweet day for Windows users.

Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new black iteration in a blog post on Thursday, saying that it is “streamlining the unexpected restart experience.”

The new black unexpected restart screen is slated to launch this summer on Windows 11 24H2 devices, the company said. Microsoft touted the updates as an “easier” and “faster” way to recover from restarts.

The software giant’s blue screen of death dates back to the early 1990s, according to longtime Microsoft developer Raymond Chen.

Travelers walk past screens after a major disruption in Microsoft’s cloud services caused widespread flight cancellations and delays at T3 IGI Airport in New Delhi, India, on July 19.Vipin Kumar / Hindustan Times via Getty Images file

Microsoft also said it plans to update the user interface to match the Windows 11 design and cut downtime during restarts to two seconds for the majority of users.

“This change is part of a larger continued effort to reduce disruption in the event of an unexpected restart,” Microsoft wrote.

The iconic blue screen was seemingly everywhere in July 2024 after a faulty update from CrowdStrike crashed computer systems around the world.

This post appeared first on NBC NEWS

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot said it expects the acquisition to be completed by early 2026.

Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs. Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward with a hostile takeover if the company’s management rejected the proposal.

As Home Depot chases growth, it’s gone after a steadier and more lucrative piece of the home improvement business: electricians, roofers, home renovators and other professionals who tackle large projects year-round and need a lot of supplies. Home Depot said it’s speeding along that strategy with the GMS deal.

Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest acquisition in its history. Texas-based SRS sells supplies to professionals in the landscaping, roofing and pool businesses and it has bought up many other smaller suppliers as it’s grown.

Home Depot’s focus on selling to professionals is well-timed. Sales from do-it-yourself customers have slowed as higher mortgage rates have decreased housing turnover and dampened homeowners’ demand for larger projects because of higher borrowing costs.

The company said it expects total sales to grow by 2.8% for the full fiscal year and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%.

This post appeared first on NBC NEWS

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot said it expects the acquisition to be completed by early 2026.

Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs. Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward with a hostile takeover if the company’s management rejected the proposal.

As Home Depot chases growth, it’s gone after a steadier and more lucrative piece of the home improvement business: electricians, roofers, home renovators and other professionals who tackle large projects year-round and need a lot of supplies. Home Depot said it’s speeding along that strategy with the GMS deal.

Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest acquisition in its history. Texas-based SRS sells supplies to professionals in the landscaping, roofing and pool businesses and it has bought up many other smaller suppliers as it’s grown.

Home Depot’s focus on selling to professionals is well-timed. Sales from do-it-yourself customers have slowed as higher mortgage rates have decreased housing turnover and dampened homeowners’ demand for larger projects because of higher borrowing costs.

The company said it expects total sales to grow by 2.8% for the full fiscal year and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%.

This post appeared first on NBC NEWS

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giants first commercial commitment to fusion.

The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion power plant, known as ARC, based in Chesterfield County, Virginia.

ARC is expected to come online and generate 400 megawatts of clean, zero-carbon power in the early 2030s, which is enough energy to power large industrial sites or roughly 150,000 homes, according to CFS. The agreement also gives Google the option to purchase power from additional ARC plants.

Google, which has invested in CFS since 2021, said it also increased its stake in the Devens, Massachusetts-based company.

Google and CFS did not disclose the financial terms.

“We’re excited to make this longer-term bet on a technology with transformative potential to meet the world’s energy demand, and support CFS in their effort to reach their scientific and engineering milestones needed to get there,” Michael Terrell, head of advanced energy at Google, said in a statement.

Fusion is a process that takes light atomic nuclei and heats them to over 100 million degrees Celsius. At these temperatures, the fuel becomes a plasma, which eventually causes the nuclei to fuse and release significant amounts of energy. The energy is then captured to create carbon-free electricity.

CFS is one of many firms racing to achieve commercial-scale fusion energy and Google has invested in others. Earlier this month, Google announced continued funding for TAE Technologies, a California-based fusion energy company.

This post appeared first on NBC NEWS