Technology

In this article META Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each

In this article AMZN Twenty/20 Amazon is devising a way for users to speak to their family members through its Alexa voice assistant, even after they’ve died. At Amazon’s Re:Mars conference in Las Vegas on Wednesday, Rohit Prasad, senior vice president and head scientist for the Alexa team, detailed a feature that allows the voice

In this article BTC.CM= If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further. That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000 — an almost 40% drop from current levels. “We would still be selling these kinds

In this article MMAT Meta The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal

In this article TSLA Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk

In this article DTG-DE TSLA According to Volvo Trucks, fuel cells for the vehicles will be provided by cellcentric, a joint venture with Daimler Truck that was established in March 2021. Tomohiro Ohsumi | Bloomberg | Getty Images Volvo Trucks said Monday that it had begun to test vehicles that use “fuel cells powered by

In this article 9999-HK The NetEase Games booth at the China Joy conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC NetEase shares fell nearly 7% in Hong Kong on Monday after it announced plans to delay the release of Diablo Immortal in China. The Chinese gaming giant said it will postpone the

An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor

Signage is displayed on the exterior of a Capital One Financial Corp. cafe branch in Walnut Creek, California, U.S., on Tuesday, July 18, 2017. Bloomberg | Getty Images A former Amazon Web Services employee was convicted of hacking into Capital One and stealing the data of more than 100 million people nearly three years ago in

Francesco Carta Fotografo | Moment | Getty Images Carnage in the crypto market won’t let up, as token prices plummet, companies lay off employees in waves, and some of the most popular names in the industry go belly up. The chaos has spooked investors, erasing more than $2 trillion in value in a matter of

Crypto investors are grappling with aggressive interest rate hikes from the U.S. Federal Reserve and a worsening liquidity crunch. Bloomberg | Bloomberg | Getty Images Bitcoin dropped below the $20,000 mark on Saturday, extending a brutal slide in cryptocurrencies. The price of bitcoin fell 9% in 24 hours to $19,217.81, according to Coin Metrics data.

In this article TSLA TWTR Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images In what’s been a particularly eventful year for Elon Musk, this was a decidedly rough

In this article 9618-HK China’s annual 618 shopping festival sees domestic e-commerce giants including JD.com rack up billions of dollars of sales across their platforms. The 2022 edition comes against a backdrop of slowing economic growth in China and sluggish consumer spending. VCG | Getty Images EMBARGO to lift at 6am Singapore on Friday, June

In this article META Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But TikTok

In this article ETH.CM= BTC.CM= Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That’s one reason why bitcoin rose slightly on Thursday. STR | NurPhoto via Getty Images Bitcoin rose on Thursday following a similar

In this article WWE Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment‘s board is investigating a $3 million hush-money settlement that CEO Vince McMahon paid a woman over an alleged affair, The Wall Street Journal reported

In this article MSTR Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part of an unorthodox treasury management strategy. Eva Marie Uzcategui | Bloomberg | Getty Images Having once lost $6 billion at the height

In this article COIN Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18%

In this article BTC.CM= Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Bitcoin tumbled below $25,000 late on Sunday, hitting its lowest level since December 2020, as

In this article BTC.CB= COIN The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 20% in pre-market trading Monday. Coinbase makes a commission when