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More →Morningstar's Seth Goldstein: Tesla lowers capital expenditures.
CoinWorld news: Morningstar's Seth Goldstein said Tesla's reduction in capital expenditure indicates it is taking a less capital-intensive path, a move that is wise because it will allow Tesla to fund itself without taking on debt or issuing new shares.
Zuckerberg signs eight-year residency agreement with Meta in response to California's proposed wealth tax
CoinWorld news, [Zuckerberg signs eight-year residency agreement with Meta to address California's proposed wealth tax] Cailian Press, October 22 — According to reports, Meta Platforms has signed an agreement with company CEO Zuckerberg requiring him to continue residing in the jurisdiction where the company headquarters is located for the next eight years. Previously, Zuckerberg said he would consider leaving the state if California passes a wealth tax. Meta said in a filing on Wednesday that Zuckerberg "will continue to reside in California, or any other jurisdiction where the company headquarters is located, for the next eight years." Meta said Zuckerberg is considering leaving California because the state's proposed wealth tax could expose him to a multibillion-dollar tax bill and could force him to sell voting shares to pay the tax. The company said in the filing that the transaction will issue Class C shares to Zuckerberg, partly specifically to avoid this situation. Under the agreement, Zuckerberg may immediately sell 20% of the Class C shares received, equivalent to 10% of his overall economic interest. This will provide him with liquidity to address the potential tax burden arising from California's Proposition 40. The proposition will be put to California voters next month.
Meta's personal AI agent Muse surpasses 10 million users one month after launch.
Meta CEO Mark Zuckerberg said on Wednesday that Muse, Meta's new personal AI agent app, has attracted more than 10 million users since its launch in September. On Meta's third-quarter earnings call, Zuckerberg said Muse's growth momentum "remains strong," with shopping currently the most common use case. He said more than a quarter of Muse users purchase goods through the app, with an average transaction value of over $200. Meta's stock rose sharply after Muse's release, climbing as much as 5% in after-hours trading on Wednesday. The app quickly rose to the top of Apple's App Store rankings after launch, marking an initial achievement from Zuckerberg's heavy investment in artificial intelligence.
Meta's personal AI agent Muse surpasses 10 million users one month after launch.
Meta CEO Mark Zuckerberg said on Wednesday that Muse, Meta's new personal AI agent app, has attracted more than 10 million users since its launch in September. On Meta's third-quarter earnings call, Zuckerberg said Muse's growth momentum "remains strong," with shopping currently the most common use case. He said more than a quarter of Muse users purchase goods through the app, with an average transaction value of more than $200. After Muse's release, Meta's stock rose sharply, gaining as much as 5% in after-hours trading on Wednesday. The app quickly rose to the top of the Apple App Store rankings after its launch, becoming an early achievement of Zuckerberg's heavy investment in artificial intelligence.
Market at a critical juncture: long-term capital dynamics test the zero line
According to a CoinWorld report, analyst Joao Wedson says the entire crypto market is at a critical juncture. Its long-term realized capital impulse, which tracks capital dynamics across multiple blockchains, is testing the zero line. Holding above the zero line would indicate strong resilience in the market structure; falling back into negative territory could signal the arrival of another period of weakness. This is a crucial level, and the next move will reveal a great deal about the market's long-term direction.
USDC Treasury在Solana网络铸造7.5亿枚USDC
According to Bijie.com data: USDC Treasury minted a total of 750 million USDC on the Solana network in three transactions of 250 million each, worth approximately $750 million, between 14:09 and 14:11 (UTC+8).
Nasdaq futures extend losses as Tesla cuts capital expenditure target.
CoinWorld news: Nasdaq futures losses widened to 0.5%, Tesla (TSLA.O) fell 2.3%, while Micron Technology (MU.O), SanDisk (SNDK.O), and SK Hynix (SKHY.O) dropped about 1%. Tesla revealed that it will lower its annual capital expenditure target from over $25 billion to $20 billion.
Launched by the Dogecoin Lab to drive multi-domain applications
Coin World news, according to a Benzinga report, Dogecoin ($DOGE) is gaining new adoption momentum through the Dogecoin Lab. The team plans to expand Dogecoin into areas such as payments, commerce, decentralized finance (DeFi), gaming, and artificial intelligence, while integrating applications such as MyDoge and DogeOS into a single ecosystem.
Trump did not mention cryptocurrency at the cybercrime roundtable.
CoinWorld news, according to Cointelegraph, President Trump did not mention "cryptocurrency" at the White House cybercrime roundtable, but instead referred to the frozen $1 billion in external fraud funds as "cyber currency."
According to NewsNation: Trump has arrived in South Carolina.
CoinWorld news, according to NewsNation: Trump has arrived in South Carolina.