In this article FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representative French Hill, a Republican from Arkansas, left, speaks during a news conference on Capitol Hill in Washington, D.C., July 24, 2018. Zach Gibson | Bloomberg | Getty Images Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto
Technology
The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images Crypto.com announced Friday that it’s laying off 20% of its workforce. CEO Kris Marszalek said in a blog post that the crypto exchange grew “ambitiously” but was unable to weather the collapse of Sam Bankman-Fried’s crypto empire
Electric vehicle maker Tesla is cutting prices in the United States and throughout Europe again, according to listings on the company’s website on Thursday night in the U.S. Tesla did not respond to a request for comment on what motivated it to slash prices this week. related investing news Guggenheim downgrades Tesla to sell, says
The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new area that investors need to
In this article BTC.CM= FTT.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in
In this article FTT.CM= BNB.CM= VYGVQ Follow your favorite stocksCREATE FREE ACCOUNT Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Timothy A. Clary | AFP | Getty Images In a Thursday morning Substack post, FTX
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters A federal labor agency on Wednesday certified an independent union’s landmark victory at Amazon‘s Staten Island warehouse and threw out a litany of
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple Maps Source: Apple Apple announced a big update to Apple Maps on Wednesday that will add new photos, buttons and promotions to the app on business pages. The move will encourage Apple Maps users to seek more than just directions by offering new information
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla has registered with the state of Texas to expand
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs, according to a blog post published Tuesday morning. Coinbase, which had roughly 4,700 employees as of the end
U.S. House Minority Leader Kevin McCarthy (R-CA) (R) talks to Rep. Jim Jordan (R-OH) as Representatives cast their votes for Speaker of the House on the first day of the 118th Congress in the House Chamber of the U.S. Capitol Building on January 03, 2023 in Washington, DC. Win Mcnamee | Getty Images House Republicans
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported. Akio Kon | Bloomberg | Getty Images British Prime Minister Rishi Sunak reportedly reopened negotiations with the CEOs of
“Chinese companies are getting pretty competitive for iPhone assemblers. China is doing quite well in pretty much everything, except semiconductors,” Kirk Yang, chairman and CEO of Kirkland Capital, told CNBC’s “Squawk Box Asia” Friday. CFOTO | Future Publishing | Getty Images More mainland Chinese electronics manufacturing companies are set to take away market share from
Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Attorneys for Tesla and Elon Musk are asking a federal judge in San Francisco to move, or delay, a forthcoming trial from Northern California to Western Texas, saying they won’t be able to find unbiased jurors
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marc Benioff, co-chief executive officer of Salesforce.com Inc., between panel sessions on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Jason Alden | Bloomberg | Getty Images Marc Benioff, Salesforce’s co-founder and soon to be sole CEO, indicated in
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT David Limp, senior vice president of devices and services at Amazon.com Inc., presents the Amazon Echo Dot smart speaker during an unveiling event at the company’s Spheres headquarters in Seattle, Washington, U.S., on Thursday, Sept. 20, 2018. Andrew Burton | Bloomberg | Getty Images Amazon
Jnemchinova | Istock | Getty Images I spent about 30 minutes using one app to cancel a bunch of subscriptions I no longer use. I’ll save about $1,235 this year. If you’re like me, you might sign up for lots of subscriptions using different credit cards and then forget to cancel them when you no
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Attendees wait for the start of the Apple World Wide Developers Conference David Paul Morris | Bloomberg | Getty Images Apple‘s long-awaited mixed reality headset could be announced in spring at the earliest, top Apple supply chain analyst Ming-Chi Kuo said on Twitter. Ming-Chi Kuo,
Steve Proehl | Corbis Unreleased | Getty Images A new law that went into effect this week requires most California employers to disclose salaries on job listings. The law affects every company with more than 15 employees looking to fill a job that could be performed from the state of California. It covers hourly and
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon Web Services. CNBC Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. The Wall Street Journal reported on the cuts earlier, which Amazon said preempted
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced
In this article AAPL TSLA Follow your favorite stocksCREATE FREE ACCOUNT Apple and Tesla are facing major headwinds in China which is contributing to investor jitters around the two U.S. technology giants. Tesla shares tanked 12% on Tuesday after the electric car maker reported deliveries that fell short of analyst expectations, while Apple dropped more
In this article DE Follow your favorite stocksCREATE FREE ACCOUNT Drones, robotics technology, and now satellites. John Deere’s Chief Technology Officer Jahmy Hindman told CNBC the world’s largest agriculture equipment player is in the process of finalizing a satellite partner. “We really have been focused on trying to solve connectivity, globally. We look at the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla vehicles are shown at a sales and service center in Vista, California, June 3, 2022. Mike Blake | Reuters Shares of Tesla fell 10% Tuesday morning, a day after the electric automaker reported fourth-quarter vehicle production and delivery numbers for 2022. Deliveries are the
A long exposure photo shows the path of SpaceX’s Falcon 9 rocket as it launched the ispace mission on Dec. 11, 2022, with the rocket booster’s return and landing visible as well. SpaceX Elon Musk‘s re-usable rocket maker and satellite internet company, SpaceX, is raising $750 million in a new round of funding that values
Virtual singer Luo Tianyi performing with world renowned pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even performed at the Winter Olympics opening ceremony in Beijing this year. Visual China Group | Getty Images BEIJING — From customer service to
The U.K.’s Online Safety Bill, which aims to regulate the internet, has been revised to remove a controversial but critical measure. Matt Cardy | Getty Images News | Getty Images Days after Congress passed a bipartisan spending bill banning TikTok from government devices, legislators and advocates say they are looking to further regulate social media
In this article BTC.CM= ETH.CM= DOGE.CM= SOL.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana was touted as the cryptocurrency that would challenge
The once high flying tech sector has endured a heavy selloff this year amid concerns that the sector’s growth could be curtailed by rising interest rates. The tech-heavy Nasdaq Composite is down more than 14%. Chris Hondros | Newsmakers | Getty Images A lot has changed in technology since the dot-com boom and bust. The
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange FTX. In a media release late Thursday, the watchdog confirmed the total sum taken from FTX’s Bahamian subsidiary, FTX Digital Markets, and added
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in February, according to a statement from the company’s Japan subsidiary. FTX Japan said Thursday it was developing a system to resume withdrawals
San Francisco is facing its highest office vacancy rate since 1993. Commercial real estate firm CBRE said in a recent report that 27.1 million square feet of a total of 90 million square feet is currently vacant. “The issue started with the pandemic,” said Colin Yasukochi, CBRE’s executive director at its Tech Insights Center. ”Prior to
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