Technology

Binance, the world’s largest cryptocurrency exchange, said Tuesday it is pausing withdrawals of the stablecoin USDC while it carries out a “token swap.” The move comes as investor concerns grow about Binance’s stability following the collapse of rival exchange FTX as well as a report of a potential criminal investigation from the U.S. government. related
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In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose as much as 4% in extended trading on Monday after the
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In this article FTT.CM= AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images Attorneys in the Bahamas filed an emergency motion on Friday asking a Delaware
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In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT The Federal Trade Commission said on Thursday it has filed an antitrust case against Microsoft to challenge the software maker’s attempt to acquire video game publisher Activision Blizzard, claiming it would violate U.S. law. This isn’t Microsoft’s first time dealing with competitive pressure. In
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Former Theranos chief operating officer and president Ramesh “Sunny” Balwani was sentenced to nearly 13 years in prison Wednesday for fraud, after the unraveling of the blood-testing juggernaut prompted criminal charges in California federal court against both Balwani and Theranos founder Elizabeth Holmes, who on Nov. 18 was sentenced to more than 11 years in
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Earlier this year, as the crypto meltdown was draining the industry of liquidity, FTX executives were begging company founder Sam Bankman-Fried to preserve cash and stop spending hundreds of millions of dollars on celebrity endorsements. But the 30-year-old billionaire, who’d relied on branding and hype to rapidly take his crypto exchange from upstart to stalwart,
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In this article BTC.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service | Getty Images Sam Bankman-Fried, the disgraced former CEO of FTX — the bankrupt
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The Nothing Phone (1). Nothing U.K.-based consumer tech company Nothing is setting its sights on the U.S., with ambitions of taking on Apple’s iPhone. The startup, the hardware venture of Carl Pei — co-founder of Chinese mobile phone maker OnePlus — is in early conversations with American carriers about launching a new smartphone in the
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In this article BTC.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images The Department of Justice has requested that an independent examiner be appointed to review
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The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under construction here. Pallava Bagla |
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In this article FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers, and investors in a hotly anticipated conversation with CNBC’s
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In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent said it will launch new cloud computing products aimed at overseas markets as it searches for new
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In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s Twitter account displayed on a mobile with Elon Musk in the background are seen in this illustration. In Brussels – Belgium on 19 November 2022.  Jonathan Raa | Nurphoto | Getty Images In a recent update to its website, Twitter said that effective
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In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk said in a tweet Friday that Twitter would launch its delayed “Verified” service next week with different colored checks depending on the type of account. The Twitter CEO said there would be a “gold check” for companies, a grey colored one for government
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