TIME100 Most Influential Companies 2025: LinkedIn
With 1.2 billion members, the world's largest professional network has become an indispensable source for all things career-related. Every minute on LinkedIn, according to the company, 47 people are hired and over 11,000 members apply for jobs. LinkedIn URLs have replaced resumes in many industries. But LinkedIn isn't just the go-to job-hunting site. With the highest engagement rate in 2024 among all major social media platforms (including TikTok and Facebook), the Silicon Valley-based company has continued to dominate partly with a big push for short-form video, now LinkedIn's fastest-growing category. Between last November and January, members spent 36% more time watching videos on the platform compared to the year-earlier period. 'Video is reshaping how we communicate, learn and share ideas on LinkedIn,' CEO Ryan Roslansky posted. 'A 36% increase in viewership isn't about growth, it's a signal and a shift in how professionals engage.' Since Microsoft acquired the company in 2016, LinkedIn's annual revenue has increased almost sixfold to $17 billion—which Roslansky announced with a short video, of course.
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Hamilton Spectator
10 minutes ago
- Hamilton Spectator
Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin
Not for distribution to United States news wire services or for dissemination in the United States. TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV:BTCT) ('Bitcoin Treasury' or the 'Corporation'), is pleased to announce that it has completed the initial phase of its Bitcoin accumulation plan in alignment with its core strategy to accumulate Bitcoin as a principal treasury asset. The Corporation acquired 478.57 Bitcoin for a total purchase price of CAD$70 million. The Corporation now holds 771.37 Bitcoin on its balance sheet. This results in a starting Bitcoin per Share ('BPS') of approximately 0.0000634. BPS is calculated on a fully diluted basis, accounting for the convertible debentures but excluding warrants. Bitcoin Treasury Corporation will continue to accumulate Bitcoin as part of its broader strategy to build long-term shareholder value. The Corporation plans to deploy its Bitcoin holdings through institutional lending and liquidity services, offering counterparties access to capital while maintaining a strong focus on financial security and risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but as a foundational pillar of its business model and revenue strategy. Through disciplined corporate finance and institutional-grade Bitcoin services, the Corporation aims to grow BPS and redefine corporate treasury management for the digital age. About Bitcoin Treasury Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans. Bitcoin Treasury's core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin's finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings. For further information, please contact: Bitcoin Treasury Corporation Elliot Johnson, Chief Executive Officer Phone: 416-619-3403 Email: ejohnson@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects' or 'does not expect', 'is expect', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation's operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation's business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation's business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation's business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation's resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations. Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management's estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law. The TSXV has neither approved nor disapproved the contents of this news release.
Yahoo
12 minutes ago
- Yahoo
Gen Z is swapping their smartphones for this retro alternative: ‘Need a social media detox'
Young folks are desperately trying to reconnect with the world around them. The method many have chosen? 'Dumbphones' — otherwise known as the millennial-era Blackberry. Ironically, Gen-Z is taking to social media — which isn't even supported on a dumbphones — to spread the word. For months now, users ranging in age from mid-20s to late teens have been demonstrating interest in 'retro' technology like Walkmans, iPods and digital cameras. But the latest Y2K craze has older generations positively baffled. A quick TikTok search under the keyword 'Blackberry' will display thousands upon thousands of videos of Gen-Zers purchasing shelved Blackberry phones off of eBay or digging them out of their parents' closets, decorating them with rhinestones and keychains, and flaunting clicky ASMR-worthy keyboards. For many, the Blackberry craze is a continuation of 2000s nostalgia-core, a time when aesthetics like Britney Spears-esque McBling, cyberfuturism and Frutiger Aero ruled the trends. 'We've come full circle,' declare dozens of comments under posts by TikTok content creators like @notchonnie, who uses her platform to show off her massive retro tech collection 'I'm so sick of Apple, I would give up just about everything for a BlackBerry!' one user wrote. Commenters also shared how they scoured sites like Facebook Marketplace, eBay, and Back Market in search of Blackberry phones to supplant their modern smartphones. For just a few hundred dollars, these tech-tired Gen-Zers purchase peace of mind — and plenty of questions from older generations who no doubt remember the spotty service, super-small keyboards, and less-than-intuitive user interfaces. Compared to the price of a new iPhone, which these days can cost upwards of a thousand dollars, and unlimited data plans that run users up to $70 a month, younger generations see the Blackberry as a no-brainer. For many, the growing anti-smartphone movement is also a way to genuinely embrace the offline world and be more mindful about content consumption. 'The smartphone is not a source of enjoyment anymore,' Pascal Forget, a tech columnist in Montreal, told CBC News. 'It used to be fun, but now [people are] addicted to it, so they want to go back to simpler times using a simpler device.' 'These are supposed to be the best moments of our life, but you look around and people are scrolling,' Sammy Palazzolo, a TikTok content creator who uses a flip phone part-time, told USA Today. Though they've grown up in the digital age, Gen Zers, and even older members of Gen Alpha, are starting to catch on — no matter where you look these days, everyone is glued to their phone. According to a 2024 Pew Research Center study on the subject, nearly half of teenagers today say they're online 'almost constantly,' compared to ten years ago, when 24% of teens answered the same. Some have even reported feeling the phantom buzz of a smartphone notification, and others have said that tapping the 'on' button is now nothing less than a reflex. 'It just basically created this pattern where I was anxious, and so I'd open my smartphone, and then I would hate myself for opening my smartphone, which made me more anxious,' Charlie Fisher, a 20-year-old college student, told USA Today. In facilitating his digital detox, Fisher ditched his iPhone for a flip phone, and according to him, he hasn't looked back since. 'I've been seeing things more like when I was a kid,' Fisher continued, elaborating on his newly-found phone-free lifestyle. 'You really see things for how they are in the physical world, and your emotions are really attached to that.' Flip-phones and 2000s-era tech like the BlackBerry aren't just cheaper. According to Gen-Z, they promote spending more quality time with family and friends, exploring other hobbies outside of doomscrolling and binge-watching, and finding a healthier work-life balance, which begs the question: are the kids actually onto something?
TechCrunch
16 minutes ago
- TechCrunch
Meta is offering multimillion-dollar pay for AI researchers, but not $100M ‘signing bonuses'
Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million 'signing bonus,' according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of Meta's top executives were asked about the bonuses that OpenAI CEO Sam Altman said Meta had offered to top researchers. Meta's CTO Andrew Bosworth implied that only a few people for very senior leadership roles may have been offered that kind of money, but clarified 'the actual terms of the offer' wasn't a 'sign-on bonus. It's all these different things.' In other words, not an instant chunk of cash. Tech companies typically offer the biggest chunks of their pay to senior leaders in restricted stock unit grants (RSUs), dependent on either tenure or performance metrics. A four-year total pay package worth about $100 million for a very senior leader is not inconceivable for Meta. Most of Meta's named officers, including Boswell himself, have earned total compensation of between $20 million and nearly $24 million per year for years. Altman was 'suggesting that we're doing this for every single person,' Bosworth reportedly said at the meeting. 'Look, you guys, the market's hot. It's not that hot.' (Meta did not immediately respond to our request for comment.) On Thursday, researcher Lucas Beyer confirmed he was leaving OpenAI to join Meta along with the two others who led OpenAI's Zurich office. He tweeted: '1) yes, we will be joining Meta. 2) no, we did not get 100M sign-on, that's fake news.' (Beyer politely declined to comment further on his new role to TechCrunch.) Beyer's expertise is in computer vision AI. That aligns with what Meta is pursuing: entertainment AI, rather than productivity AI, Bosworth reportedly said in that meeting. Meta already has a stake in the ground in that area with its Quest VR headsets and its Ray-Ban and Oakley AI glasses. Still, some of the people Meta is trying to nab are indeed worthy of big pay packages in this tight AI talent marketplace. As TechCrunch was first to report, Meta has hired OpenAI's Trapit Bansal, known for his groundbreaking work on AI reasoning models. He had worked at OpenAI since 2022. Certainly, Scale co-founder and CEO Alexandr Wang is getting a healthy chunk of cash, likely more than $100 million, as part of Meta's deal to buy 49% ownership of his company. As we previously reported, the $14 billion Meta is paying is being distributed to shareholders as a cash dividend. Wang is almost certainly a major shareholder in Scale entitled to those dividends. Still, while Meta isn't handing out $100 million willy-nilly, it is still spending big to hire in AI. One investor told TechCrunch that he saw an AI researcher get — and turn down — an $18 million job offer from Meta. That person took a smaller, but still healthy offer, from a buzzier AI startup: Mira Murati's Thinking Machines Lab.
