As Microsoft posts $75B in Azure revenue, UK’s CMA says “competition is not working well”

According to the Competition and Markets Authority (CMA), “the current competition structure isn’t functioning optimally,” and they have proposed solutions to address this issue. In their investigation, an independent CMA panel concluded that the cloud services market is excessively concentrated, with Microsoft and Amazon Web Services (AWS) holding significant dominance, each accounting for approximately 40% of the market share.

Coinbase’s Q2: A Harrowing Tale of Missed Expectations and Surprising Bright Spots 😊

They reported a revenue of $1.5 billion for the second quarter, a sum that fell shy of the wise expectations of the analysts, who had prognosticated between $1.56 and $1.59 billion—an oversight that surely must have caused some concern in the offices of their prudent shareholders. Their net income stood at $1.4 billion, but the adjusted profit, excluding the charming gains from investments, was a modest $33 million—a figure that might cause even Mr. Darcy to raise an eyebrow.

Crypto Chaos: Why 2025 Courtrooms Are the New Vegas Strip!

An image of crypto chaos!

In the thrilling first half of 2025, six crypto-centered legal dramas took center stage in the courtroom. To put that in entertaining terms, that’s a huge leap from last year’s grand total of a whopping seven cases, which is basically a record-breaking season finale in the world of legalities. Among the new suits, half are launching themselves at token issuers. One courageous suit targets a mining company—yes, the kind that takes massive amounts of energy to dig up intangible coins. Two others have decided to point fingers at companies that sell “rigs” or have partnerships that scream “crypto” like a neon sign in a foggy alleyway.

Unlock the Secret! Bitcoin Gift Cards are Revolutionizing Shopping! 🎁💰

On the fateful day of July 31, the esteemed Fold Holdings, Inc. made quite the splash in the Nasdaq pond, announcing their partnership with the mighty Blackhawk Network. This juggernaut supplies branded payment solutions to illustrious retailers, now extending their glorious reach for Bitcoin Gift Cards across the exuberant expanse of American digital retail!

Qubetics Crypto’s Epic Fail: Airdrop Crashes Token 97%

High-tech blockchain ventures, much like a delicate vase on a rickety shelf, rely heavily on the trust and competence of their technical teams. On a particularly gloomy Thursday, July 31, the Qubetics (TICS) team found themselves addressing a crowd of disgruntled investors and a token that had lost nearly all its value.

Visa’s New Stablecoins & Blockchains: The Financial Universe Gets Ever More Confusing

According to a press release that no one actually read but everyone nodded at, Visa is doubling down on its crusade to make transacting in digital currencies as easy as flipping through channels at 3 a.m. on a summer night. They’re welcoming the partnership with Paxos to support USDG and PYUSD, stablecoins backed by the mighty dollar itself—because nothing says “trust” quite like a coin that’s backed by a paper currency and a lot of hope.