Amazon is gutting its Wondery podcast studio

Amazon is splitting up its Wondery podcast studio just four years after acquiring it, as first reported by Bloomberg. As part of the change, the studio will shed around 110 employees, while Wondery CEO Jen Sargent will leave the company. In a statement to The Verge, Amazon spokesperson Alice Zhou confirmed that while Wondery will … Read more

Coinbase Crypto Momentum Stalls, Valuation Stretches: Cut to Sell at Compass Point

Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in crypto equities as key risks. COIN is trading modestly higher on Monday at $316 following last week’s earnings-related 18% plunge. “While we remain constructive on … Read more

8BitDo’s first wireless Xbox controller is a surprise Rare collaboration

8BitDo’s new wireless Xbox controller. 8BitDo has created its first wireless Xbox controller in partnership with Rare, a game studio acquired by Microsoft. The officially licensed controller features a gold and blue design, with plenty of Easter eggs to celebrate Rare’s 40th anniversary. The $89.99 8BitDo Ultimate 3-mode Controller for Xbox — Rare 40th Anniversary … Read more

Crypto Treasuries Expand as Public Companies Make Bold Monday Moves

Monday kicked off with a flurry of treasury announcements as major digital asset firms expanded their crypto reserves, underlining the growing institutional embrace of blockchain-native assets. BitMine Immersion Technologies (BMNR) now holds the world’s largest ether {ETH} treasury at 833,137 ETH worth over $2.9 billion. Launched just 35 days ago, BitMine’s aggressive ETH acquisition strategy … Read more

Comp AI Secures $2.6M Pre-seed To Disrupt SOC 2 Market

San Francisco, California, August 1st, 2025, CyberNewsWire/–Comp AI, an emerging player in the compliance automation space, today announced it has secured $2.6 million in pre-seed funding to accelerate its mission of transforming how companies achieve compliance with critical frameworks like SOC 2 and HIPAA. The funding round was co-led by OSS Capital and Grand Ventures, … Read more