OpenAI has said its chief revenue officer, Denise Dresser, is leaving less than a year after joining the company as it prepares for a public listing. The company said she will be replaced by Dali Rajic, the former president and chief operating officer of cybersecurity firm Wiz. The departure follows another senior exit within days and comes as OpenAI works to expand enterprise sales, a segment executives have said made up about 40% of its business in January and was expected to approach 50% by year-end.

DATA Foundation has kept team and lead investor tokens locked past Aug. 13, even though that date appeared in an earlier public supply schedule, and it has not published a new unlock date. The foundation said on June 25 it extended those lockups by an additional 18 months, but did not specify when the extension starts or how it is enforced. Early Backers and Core Contributors account for 41.6% of the project’s allocation buckets, with both set to unlock over 48 months. Separate coverage also flagged a potential wider unlock wave tied to returning VC funding and noted Pump Fun plans to unlock $127M of insider tokens on July 12, about double PUMP’s recent average daily volume.

Semiconductor equipment maker Applied Materials released its fiscal third-quarter report, posting results that beat analysts’ expectations. The company also issued guidance for the next fiscal quarter. The outlook signaled management’s positive view of future business conditions, bolstering market confidence.

Rocket Lab disclosed a replacement $1.94 billion at-the-market equity distribution program that carries forward only the unsold balance from its prior agreement and is framed as not adding dilution risk. The company also reported a $2.4 billion contract backlog and record second-quarter revenue of $234 million, up 62% year over year. Management guided for third-quarter gross margin of 29% to 31%, citing temporary pressure tied to lower-profit satellite platform sales.

Tether Holdings Ltd. said it has completed its first full audit of its financial statements, with the results showing its reserves were sufficient. At the end of 2025, reserves exceeded liabilities by $6.814 billion. In the second quarter of 2026, the company reported $1.5 billion in net operating profit, largely driven by income from U.S. Treasurys and repurchase agreements. As of June 30, it reported $187.75 billion in assets and $183.64 billion in liabilities, leaving a $4.11 billion reserve buffer, and added 14 tons of gold during the quarter.

Australia-based Corporate Travel Management has been accused of serious overcharging while delivering a UK government refugee-accommodation contract, with the amount involved nearing A$100 million. Investigators found the company billed for more rooms than hotels actually had, and also engaged in double-billing or charged for exclusive hotel use where no exclusivity existed. In 2021, it was contracted to arrange 1.4 million hotel nights across about 60 UK hotels, but an internal review later identified a gap of almost 50 million British pounds between what it billed the government and what it paid hotels.

GameSquare posted stronger second-quarter operations but booked a $7.83 million crypto-linked accounting loss. The company ended June with $2.1 million in cash and $12.1 million of current promissory notes payable. It reported crypto assets including 15,080.51 ETH worth $25.9 million in aggregate across ETH, altcoin investments, and cash, though pledged ETH may not be freely transferable. As a result, liquidity hinges on how much of its digital-asset value can actually be converted.

BNY Investments, which manages about $2.1 trillion in assets, will tokenize select funds on the Stellar network through digital market infrastructure platform Marketnode. Marketnode is backed by Euroclear, HSBC, SGX, and Temasek, and will use its infrastructure to tokenize the chosen products. Stellar will serve as the settlement and distribution layer, aiming to improve how these funds reach institutional and accredited investors across the Asia-Pacific region.