WSJ Tech News Briefing TNB Tech Minute: Bitcoin And Other Cryptocurrencies Face Fresh Pressure
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Jan 30, 2026 Christoph Beck, Chairman and CEO of Ecolab, offers a quick perspective on data-center water and sustainability practices. The segment touches on plunging cryptocurrency prices and market volatility. It also covers Apple’s tight iPhone inventory due to chip constraints and LG Electronics’ recent quarterly loss.
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Cryptocurrencies Facing Renewed Downturn
- Bitcoin and major cryptocurrencies fell again amid broader market volatility.
- Bitcoin traded near $83,100 and was on pace for its lowest close since April.
Apple Chasing iPhone Supply
- Apple exited the quarter with very lean inventory because iPhone demand outpaced supply.
- Tim Cook said Apple is chasing supply and cannot predict when production will catch up.
LG Posts Surprise Quarterly Loss
- LG Electronics reported a net loss of about $507 million in the fourth quarter.
- Sluggish demand, rising costs, and restructuring weighed on results while some divisions stayed profitable.