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The Ethereum Foundation pauses its grants program, which awarded $3M+ to 100+ projects since 2018, to rethink its spending strategy and reduce its burn rate (Daniel Kuhn/The Block)

Daniel Kuhn / The Block : The Ethereum Foundation pauses its grants program, which awarded $3M+ to 100+ projects since 2018, to rethink i...

29 August 2025

Huawei reports H1 2025 revenue up 3.9% YoY to ~$58.5B, driven by soaring AI compute demand and a rebound in phone sales, and net profit down 32% YoY to ~$5.2B (Bloomberg)

Bloomberg:
Huawei reports H1 2025 revenue up 3.9% YoY to ~$58.5B, driven by soaring AI compute demand and a rebound in phone sales, and net profit down 32% YoY to ~$5.2B  —  Huawei Technologies Co. posted a first-half profit, getting back into the black after the emergence of DeepSeek ignited a wave of AI development across China.

Posted from: this blog via Microsoft Power Automate.

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