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Technology

Technology

FTX founder Sam Bankman-Fried will fly from Bahamas to U.S. Wednesday to face criminal charges

Sam Bankman-Fried, co-founder of FTX, is escorted out of the Magistrate’s Court in Nassau, Bahamas, on Monday, Dec. 19, 2022. Tristan Wheelock | Bloomberg...

by admin December 20, 2022
FTX founder Sam Bankman-Fried will fly from Bahamas to U.S. Wednesday to face criminal charges
Technology

Elon Musk tries to explain why Tesla shares are tanking

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...

by admin December 20, 2022
Elon Musk tries to explain why Tesla shares are tanking
Technology

Workday names Sequoia’s Carl Eschenbach as co-CEO, alongside Aneel Bhusri

Aneel Bhusri, CEO, Workday, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galucia | CNBC Workday said on Tuesday...

by admin December 20, 2022
Workday names Sequoia's Carl Eschenbach as co-CEO, alongside Aneel Bhusri
Technology

Bill Gates: ‘Our grandchildren will grow up in a world that is dramatically worse off’ if we don’t fix climate change

Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly on August 16, 2022 in Seoul, South Korea. Pool | Getty Images...

by admin December 20, 2022
Bill Gates: 'Our grandchildren will grow up in a world that is dramatically worse off' if we don't fix climate change
Technology

Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022

Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. A total of $679.4 billion was...

by admin December 20, 2022
Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022
Technology

From recovery to regulation: How China’s tech giants could fare in 2023 after a bruising year

Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth....

by admin December 19, 2022
From recovery to regulation: How China's tech giants could fare in 2023 after a bruising year
Technology

Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon‘s stock...

by admin December 19, 2022
Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022
Technology

FTX founder Bankman-Fried sent back to Bahamas jail in day of courtroom chaos

FTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday in a chaotic courtroom scene, after a reported plan for him to...

by admin December 19, 2022
FTX founder Bankman-Fried sent back to Bahamas jail in day of courtroom chaos
Technology

Sam Bankman-Fried will now surrender himself for extradition before Bahamian court Monday: Source

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,...

by admin December 19, 2022
Sam Bankman-Fried will now surrender himself for extradition before Bahamian court Monday: Source
Technology

Twitter says it will no longer allow ‘free promotion’ of other social media platforms

Twitter said it will no longer allow users to promote other social media accounts on its platform, according to a thread of tweets the...

by admin December 18, 2022
Twitter says it will no longer allow 'free promotion' of other social media platforms
Technology

How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors

Before his surprise Monday night arrest, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a leaked...

by admin December 18, 2022
How Sam Bankman-Fried swindled  billion in customer money, according to federal prosecutors
Technology

Marc Benioff tells Salesforce workers that new employees are ‘facing lower productivity’

Marlena Sloss | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff told employees in a Slack message on Friday that the company’s newest hires...

by admin December 17, 2022
Marc Benioff tells Salesforce workers that new employees are 'facing lower productivity'
Technology

Binance’s native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties

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....

by admin December 16, 2022
Binance's native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties
Technology

Amazon workers will go on formal strike for the first time in the UK

Amazon packages move on a conveyer belt at a fulfillment center in England. Nathan Stirk | Getty Images Hundreds of Amazon workers will go...

by admin December 16, 2022
Amazon workers will go on formal strike for the first time in the UK
Technology

EU threatens Elon Musk with sanctions after Twitter’s suspension of journalists

STR | Nurphoto | Getty Images The European Union on Friday threatened tech billionaire Elon Musk with sanctions after Twitter removed several journalists that...

by admin December 16, 2022
EU threatens Elon Musk with sanctions after Twitter's suspension of journalists
Technology

Adobe stock climbs on a more profitable quarter than predicted

Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal...

by admin December 15, 2022
Adobe stock climbs on a more profitable quarter than predicted
Technology

Google vs. ChatGPT: Here’s what happened when I swapped services for a day

OpenAI logo seen on screen with ChatGPT website displayed on mobile seen in this illustration in Brussels, Belgium, on December 12, 2022. Jonathan Raa...

by admin December 15, 2022
Google vs. ChatGPT: Here's what happened when I swapped services for a day
Technology

Roblox closes down more than 15% after November update shows slowing growth

A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in...

by admin December 15, 2022
Roblox closes down more than 15% after November update shows slowing growth
Technology

Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns

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,...

by admin December 15, 2022
Binance CEO Zhao brushes off .1 billion FTX clawback concerns
Technology

FTX insider turned on Sam Bankman-Fried days before bankruptcy, flagging potential fraud to regulators

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,...

by admin December 15, 2022
FTX insider turned on Sam Bankman-Fried days before bankruptcy, flagging potential fraud to regulators
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