Singapore’s tech start-up scene has grown in recent years, and the city-state ranked seventh in the latest Global Innovation Index 2022. Ore Huiying | Bloomberg | Getty Images Global venture dollars may have dropped in 2022, but Singapore’s government-owned tech investment firm is optimistic about 2023. “2023 is probably going to be a pretty decent
Technology
Electric bikes are becoming increasingly popular around the world. In the U.S. e-bike sales are outpacing electric and hybrid cars combined, according to the Light Electric Vehicle Association. “The level of ridership has almost doubled or more every year since 2015,” said Mike Radenbaugh, the founder and chairman of Rad Power Bikes. “And we see
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Future Publishing | Getty Images One analyst maintains a bullish outlook on Apple despite shares of the tech giant falling to their lowest since June 2021 amid continued
In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Charles Liang, CEO, Super Micro Source: Supermicro It’s been a brutal year for tech stocks. The Nasdaq is headed for its worst slump since 2008 and is poised to underperform the S&P 500 for a second straight year. Among mega-cap tech stocks, Amazon, Meta and
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Tesla’s sell-off intensified on Tuesday, with the stock closing down 11%. Elon Musk’s electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the
A traffic signal frames the U.S. Capitol on December 21, 2022 in Washington, DC. Chip Somodevilla | Getty Images After what started as a hopeful year for tech policy, the 117th Congress is about to close out its term with many key efforts tabled. Despite bipartisan support for antitrust reform targeting digital tech giants, a
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT AirPods Pro (2nd generation). Sofia Pitt If you were received Apple‘s new second-generation AirPods Pro as a holiday gift, you made out well. These new AirPods were my favorite gadget Apple released this year. If you’re new to AirPods, or if you have an older
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT iPhone 14 Sofia Pitt | CNBC You may have gotten Apple’s iPhone 14 as a gift for the holidays. If you’re upgrading from a much older iPhone model, there’s going to be a bit of a learning curve when it comes to navigating your brand-new
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the
Researchers at the University of Vermont analyzed 1,000 TikTok videos under the most popular hashtags related to body image and eating Jakub Porzycki | NurPhoto | Getty Images Under the bipartisan spending bill that passed both chambers of Congress on Friday, TikTok will be banned from government devices, underscoring the growing concern about the popular
Daniel Erichsen, founder of the Sleep Coach School Daniel Erichsen Daniel Erichsen spent about a decade as a sleep doctor, primarily seeing patients who were struggling with sleep apnea and insomnia. His career took a dramatic turn early last year, when he was fired from his hospital job in Oregon. Erichsen, 42, had stopped prescribing
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Sopa Images | Lightrocket | Getty Images Facebook parent Meta has agreed to pay $725 million to settle a class action lawsuit that claimed the social media giant gave third parties access to user data without their consent. It is the “largest
FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Bankman-Fried stepped out of U.S. District Court in Manhattan, flanked by his parents, his legal team, and court security at 2:19 local time. The terms of his personal recognizance
China will introduce rules governing the use of deep synthesis technology in January 2023. Deepfakes, where artificial intelligence is used to manipulate images and videos, are a concern for Beijing as it ramps up control over online content. Fotografielink | Istock | Getty Images In January, China will introduce first-of-its-kind regulation on “deepfakes,” ramping up
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images More Google employees will be at risk for low performance ratings and fewer are expected to reach
FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate’s Court on December 21, 2022 in Nassau, Bahamas. Joe Raedle | Getty Images FTX co-founder Gary Wang and former Alameda Research co-CEO Caroline Ellison both pleaded guilty to federal charges in the Southern District of New York, U.S. Attorney Damian Williams said in a message
FTX co-founder Sam Bankman-Fried is escorted by corrections officers to the Magistrate’s Court on December 21, 2022 in Nassau, Bahamas. Joe Raedle | Getty Images Sam Bankman-Fried is flying Wednesday night to New York, according to the office of the attorney general of the Bahamas, where he is later expected to be arraigned in U.S.
Nurphoto | Getty Images The next financial crisis will be caused by private cryptocurrencies, if these assets are allowed to grow, the head of India’s central bank warned on Wednesday. “Cryptocurrencies have… huge inherent risks for our macroeconomic and financial stability,” Shaktikanta Das, governor of the Reserve Bank of India, said at an event. He
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Shares in electric vehicle maker Tesla sank to a new 52-week low on Tuesday, closing around $138 per share, or 8% lower for the day in an otherwise mixed day for stocks. CEO Elon Musk tried to blame the sinking price partly on macroeconomic factors.
Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly on August 16, 2022 in Seoul, South Korea. Pool | Getty Images News | Getty Images The idea of becoming a grandparent is emotional for Bill Gates to even write about. “I started looking at the world through a new lens recently —
Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images It’s been another rough year for China’s tech stocks.
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022. STR | Nurphoto | Getty Images Twitter’s new owner and CEO Elon Musk posted an informal poll of the social media platform’s
Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter said it will no longer allow users to promote other social media accounts on
FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. Mario Duncanson | AFP | Getty Images FTX founder and former CEO Sam Bankman-Fried will no longer contest extradition to the U.S., an about-face just days after he was remanded
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marlena Sloss | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff told employees in a Slack message on Friday that the company’s newest hires aren’t being productive enough, and he asked for feedback as to why that’s the case. “Are we not building tribal knowledge
Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn’t fading. Binance’s native token, BNB, has fallen 15% in the
STR | Nurphoto | Getty Images The European Union on Friday threatened tech billionaire Elon Musk with sanctions after Twitter removed several journalists that report on him and the social media company. Vera Jourova, the European Commission’s vice president for values and transparency, said in a tweet that news of the “arbitrary suspension of journalists
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $3.60 per share, adjusted, vs. $3.50 per
Binance Chief Executive Changpeng “CZ” Zhao dismissed concerns that his company could have $2.1 billion clawed back as a result of FTX’s bankruptcy proceedings, in an appearance Thursday morning on CNBC’s “Squawk Box,” and said he trusted his lawyers to handle the proceedings. CNBC’S Andrew Ross Sorkin and Becky Quick pressed Zhao on whether he
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to a financial filing out Wednesday night. The transactions took place between Monday and Wednesday this week
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter has suspended the account dedicated to tracking the location of billionaire Elon Musk’s private jet. The account, @ElonJet, was run by Florida college student Jack Sweeney and had amassed more than half a million followers.
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google senior fellow Jeff Dean speaks at a 2017 event in China. Source: Chris Wong | Google Google employees are seeing all the buzz around ChatGPT, the artificial intelligence chatbot that was released to the public at the end of November and quickly turned into
A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight risk, and said he should be remanded to Bahamian custody until February 8, 2023, hours after a U.S. federal criminal indictment against Bankman-Fried alleging a massive fraud at FTX was unsealed in New York City. Bankman-Fried was
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