Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about “Examining Digital Assets: Risks, Regulation, and Innovation,” on Capitol Hill in Washington, DC, on February 9, 2022. Saul Loeb | AFP | Getty Images A network of political action committees supported by cryptocurrency industry leaders are
Technology
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iPad Apple Earlier this week, Apple introduced a redesigned iPad and updates to the iPad Pros. They’ll likely help the company spur sales during the ever-important holiday shopping season. But it also means Apple now sells six different iPads, and you might find it
A cryptocurrency price crash and the onset of a new so-called “crypto winter” has left many companies in the industry facing a liquidity crisis. Artur Widak | Nurphoto | Getty Images While bitcoin’s price is stuck lately, there is one good thing to come from it for investors betting on crypto to become a legitimate
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Level Home Apple stores in the U.S. are now selling an exterior door lock that can be unlocked by a user’s Apple Watch or iPhone. The $329 Level Lock+ is the first Home Key-supported lock that’s been sold in Apple stores. When the Level Lock+,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of industrial design, Evans Hankey, is leaving the company, Apple confirmed to CNBC on Friday. Hankey took
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
The metaverse is a set of virtual worlds where people live, work and play. Weiquan Lin | Moment | Getty Images Regulators in four states simultaneously filed emergency cease-and-desist orders Thursday against virtual casino Slotie. States law enforcement officials allege Slotie’s owners were soliciting investors online to participate in an illegal gambling operation in the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead. In a tweet posted Tuesday evening, the
Whon Namkoong, co-chief executive officer of Kakao Corp., speaks during a news conference in in Pangyo, South Korea, on Wednesday, Oct. 19, 2022. Namkoong resigned after a widespread outage took out Koreas most popular messaging and social media service. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A top executive at Kakao Corp.,
Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images A Microsoft spokesperson on Monday confirmed that the company let go of additional workers as the software maker’s revenue is expected to slow, thanks
Shoppers queue in like outside the Apple store during the launch day of the new iPhone 14 series smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Images The closely watched consumer price index continues to show headline inflation in the U.S. hovering at levels last seen in the
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox jumped 18% on Monday morning after the company released
KakaoTalk and other services of Kakao Corp. faced a major outage after a fire broke out at a data center in the outskirts of the country’s capital, Seoul (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of South Korea’s top messaging app plunged Monday after a
In this article UBER LYFT Follow your favorite stocksCREATE FREE ACCOUNT The Uber app application with a map of New York City is seen on an Apple iPhone mobile phone in this photo illustration Warsaw, Poland on 21 September, 2022. Nurphoto | Nurphoto | Getty Images In some ways, Uber and Lyft are back to
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
Brianne Kimmel, founder and managing partner of Worklife Ventures Even Mulling Female venture capitalist Brianne Kimmel says venture investing requires a certain mindset. “The best VCs are deeply paranoid, and always looking out for what’s next or what we missed. A large part of what we do is research,” Kimmel said. For Kimmel, who launched
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon’s Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year. Bloomberg |
In this article VSAT Follow your favorite stocksCREATE FREE ACCOUNT The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company Viasat’s $7.3 billion deal to buy British rival Inmarsat. The Competition and Markets Authority on Friday
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