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Technology

Technology

After FTX collapse, crypto investors need to rethink how they hold assets, Blockchain.com CEO says

This week’s FTX collapse is “a tragedy and total failure of governance,” Blockchain.com CEO and co-founder Peter Smith told CNBC’s “Closing Bell” on Thursday,...

by admin November 10, 2022
After FTX collapse, crypto investors need to rethink how they hold assets, Blockchain.com CEO says
Technology

Elon Musk tells Twitter staff he sold Tesla stock to save the social network

Twitter’s new owner Elon Musk, who is also CEO of electric vehicle maker Tesla and U.S. defense contractor SpaceX, told employees of the social...

by admin November 10, 2022
Elon Musk tells Twitter staff he sold Tesla stock to save the social network
Technology

Read Elon Musk’s first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn

In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network’s “work from home...

by admin November 10, 2022
Read Elon Musk's first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn
Technology

Crypto billionaire Sam Bankman-Fried blames himself for FTX’s collapse, admits he ‘f—ed up’

FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.” Bankman-Fried also announced that...

by admin November 10, 2022
Crypto billionaire Sam Bankman-Fried blames himself for FTX's collapse, admits he 'f---ed up'
Technology

Apple will ‘take years’ to diversify away from China, says Counterpoint Research

A display of iPhone 14 smartphones at the Apple Inc. Regent Street store in London, UK. Bloomberg | Bloomberg | Getty Images Apple will...

by admin November 10, 2022
Apple will 'take years' to diversify away from China, says Counterpoint Research
Technology

President Biden says Elon Musk’s relationships with other countries are worth looking into

Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Asked on Wednesday whether Tesla, SpaceX and...

by admin November 9, 2022
President Biden says Elon Musk's relationships with other countries are worth looking into
Technology

Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse

Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse....

by admin November 9, 2022
Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse
Technology

Elon Musk took over a struggling business with Twitter and has quickly made it worse

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images When Elon...

by admin November 9, 2022
Elon Musk took over a struggling business with Twitter and has quickly made it worse
Technology

Elon Musk sells at least $3.95 billion worth of Tesla shares after Twitter deal

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November,...

by admin November 9, 2022
Elon Musk sells at least .95 billion worth of Tesla shares after Twitter deal
Technology

Twitter exec says there will soon be three types of accounts: official, paid and unlabeled

Twitter product executive Esther Crawford revealed details about the way the social network’s new verification scheme will work on Tuesday, following the company’s acquisition...

by admin November 9, 2022
Twitter exec says there will soon be three types of accounts: official, paid and unlabeled
Technology

FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world’s largest cryptocurrency firm, announced plans to...

by admin November 8, 2022
FTX's token plunges 80% on liquidity concerns, wiping out over  billion in value
Technology

This 22-year-old survives Lebanon with a bitcoin mining business that’s been earning $20,000 a month

Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh. Ahmad Abu Daher It takes a lot to keep a...

by admin November 8, 2022
This 22-year-old survives Lebanon with a bitcoin mining business that's been earning ,000 a month
Technology

Twitter early investor Chris Sacca says Elon Musk is ‘alone right now and winging this’

Billionaire Chris Sacca Courtesy of Collision Conference Venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the...

by admin November 7, 2022
Twitter early investor Chris Sacca says Elon Musk is 'alone right now and winging this'
Technology

Take-Two stock tumbles after it cuts outlook

Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in...

by admin November 7, 2022
Take-Two stock tumbles after it cuts outlook
Technology

Feds announce seizure of $3.36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace—the second-largest crypto recovery

The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak. Jonathan Raa | Nurphoto |...

by admin November 7, 2022
Feds announce seizure of .36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace—the second-largest crypto recovery
Technology

How social media platforms plan to fight Election Day misinformation

Voters cast ballots on election day at the Fairfax County Government Center polling location in Fairfax, Virginia, on November 2, 2021. Andrew Caballero-Reynolds |...

by admin November 7, 2022
How social media platforms plan to fight Election Day misinformation
Technology

Apple warns Covid restrictions in China are hurting iPhone production

After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers chose to go home. Pictured here are the shuttle buses on...

by admin November 6, 2022
Apple warns Covid restrictions in China are hurting iPhone production
Technology

Twitter rolls out changes for some users ahead of launching new paid verification system

Elon Musk’s Twitter account displayed on a phone screen and Twitter logo displayed on a laptop screen are seen in this illustration photo taken...

by admin November 5, 2022
Twitter rolls out changes for some users ahead of launching new paid verification system
Technology

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard about bitcoin in 2016,...

by admin November 5, 2022
In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as  is now worth 15 cents
Technology

Tesla stock has dropped more than 35% since Elon Musk first said he’d buy Twitter

Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022...

by admin November 4, 2022
Tesla stock has dropped more than 35% since Elon Musk first said he'd buy Twitter
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