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Technology

Technology

Crypto lender Genesis Trading lays off 30% of workforce

Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Genesis Trading, the embattled crypto lending arm of Barry Silbert’s Digital...

by admin January 5, 2023
Crypto lender Genesis Trading lays off 30% of workforce
Technology

Delta plans to offer free Wi-Fi starting Feb. 1

Delta Air Lines will offer travelers free Wi-Fi starting Feb. 1, after years of studying the possibility. About 80% of Delta’s domestic fleet will...

by admin January 5, 2023
Delta plans to offer free Wi-Fi starting Feb. 1
Technology

These states will dominate EV battery manufacturing in 2030

Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy,...

by admin January 5, 2023
These states will dominate EV battery manufacturing in 2030
Technology

Memory prices to weigh on profit

Samsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business. Josep Lago | AFP |...

by admin January 5, 2023
Memory prices to weigh on profit
Technology

Fanatics is divesting its 60% stake in NFT company Candy Digital

Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC....

by admin January 4, 2023
Fanatics is divesting its 60% stake in NFT company Candy Digital
Technology

Microsoft drops after UBS analysts say company faces cloud weakness

A sign for Microsoft Corp. at the company’s office in the central business district of Lisbon, Portugal, on Tuesday, Dec. 27, 2022. Zed Jameson...

by admin January 4, 2023
Microsoft drops after UBS analysts say company faces cloud weakness
Technology

Salesforce is cutting 10% of its personnel, more than 7,000 employees

Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images...

by admin January 4, 2023
Salesforce is cutting 10% of its personnel, more than 7,000 employees
Technology

Why Deere thinks satellites are the next big technology to invest in

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...

by admin January 3, 2023
Why Deere thinks satellites are the next big technology to invest in
Technology

Apple hikes the price of iPhone battery replacements by $20

Customer inspects iPhone 14 Pro Max inside an Apple store in Marunouchi, Tokyo. Stanislav Kogiku | SOPA Images | Lightrocket | Getty Images Out-of-warranty...

by admin January 3, 2023
Apple hikes the price of iPhone battery replacements by
Technology

Sam Bankman-Fried pleads not guilty to federal fraud charges in New York

Sam Bankman-Fried pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his former crypto exchange FTX...

by admin January 3, 2023
Sam Bankman-Fried pleads not guilty to federal fraud charges in New York
Technology

Tesla shares tumble more than 12% following deliveries report

Shares of Tesla closed down 12% on Tuesday, a day after the electric auto maker reported fourth-quarter vehicle production and delivery numbers for 2022...

by admin January 3, 2023
Tesla shares tumble more than 12% following deliveries report
Technology

Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

Tesla electric cars in Germany on March 21, 2022. Sean Gallup | Getty Images News | Getty Images Tesla just published its fourth-quarter vehicle...

by admin January 2, 2023
 Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Technology

Companies can ‘hire’ a virtual person for about $14k a year in China

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...

by admin January 2, 2023
Companies can ‘hire’ a virtual person for about k a year in China
Technology

The boldest bitcoin calls for 2023 are out — and a 1,400% rally or a 70% plunge may be on the cards

A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto...

by admin January 2, 2023
The boldest bitcoin calls for 2023 are out — and a 1,400% rally or a 70% plunge may be on the cards
Technology

More social media regulation is coming in 2023, members of Congress say

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 |...

by admin January 1, 2023
More social media regulation is coming in 2023, members of Congress say
Technology

Nasdaq closes out its first four-quarter slump since dot-com crash

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...

by admin December 30, 2022
Nasdaq closes out its first four-quarter slump since dot-com crash
Technology

Solana’s slide accelerates — $50 billion in value wiped from the cryptocurrency in 2022

Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21,...

by admin December 30, 2022
Solana's slide accelerates —  billion in value wiped from the cryptocurrency in 2022
Technology

FTX’s Japanese users will be able to start withdrawing funds from February

The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their...

by admin December 30, 2022
FTX's Japanese users will be able to start withdrawing funds from February
Technology

How San Francisco can tackle two of its biggest issues: office vacancies and housing

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...

by admin December 30, 2022
How San Francisco can tackle two of its biggest issues: office vacancies and housing
Technology

Singapore’s venture capital scene looks set for a ‘pretty decent’ 2023, investment firm says

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 |...

by admin December 30, 2022
Singapore's venture capital scene looks set for a 'pretty decent' 2023, investment firm says
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