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Technology

Technology

Crypto.com lays off 20% of workforce after FTX collapse blunted ambitious growth

The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images Crypto.com announced Friday that it’s laying...

by admin January 13, 2023
Crypto.com lays off 20% of workforce after FTX collapse blunted ambitious growth
Technology

Lithium company Ioneer scores $700 million conditional loan from Energy Department for Nevada plant

Lithium company Ioneer said Friday that it’s secured a conditional commitment for a loan of up to $700 million from the Department of Energy...

by admin January 13, 2023
Lithium company Ioneer scores 0 million conditional loan from Energy Department for Nevada plant
Technology

Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries

Electric vehicle maker Tesla is cutting prices in the United States and throughout Europe again, according to listings on the company’s website on Thursday...

by admin January 13, 2023
Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries
Technology

Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote

Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on...

by admin January 12, 2023
Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote
Technology

Meta sues Voyager Labs, saying it created fake accounts to scrape user data

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. ...

by admin January 12, 2023
Meta sues Voyager Labs, saying it created fake accounts to scrape user data
Technology

Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities

The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product...

by admin January 12, 2023
Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities
Technology

Bitcoin jumps above $19,000 to highest level since November on cooling U.S. inflation

Cemile Bingol | Digitalvision Vectors | Getty Images U.S. inflation data out Thursday showed a modest retreat. The consumer price index decreased 0.1% in...

by admin January 12, 2023
Bitcoin jumps above ,000 to highest level since November on cooling U.S. inflation
Technology

Microsoft looked at buying Figma but declined to put in an offer as Adobe deal was nearing

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma As Figma was...

by admin January 12, 2023
Microsoft looked at buying Figma but declined to put in an offer as Adobe deal was nearing
Technology

Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert

Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during...

by admin January 11, 2023
Why the Winklevoss brothers are in a 0 million crypto faceoff with Barry Silbert
Technology

Apple reportedly considering touchscreen Mac laptop for 2025

CUPERTINO, CALIFORNIA – JUNE 06: Apple CEO Tim Cook looks at a display of brand new redesigned MacBook Air laptop during the WWDC22 at...

by admin January 11, 2023
Apple reportedly considering touchscreen Mac laptop for 2025
Technology

Alphabet to cut staff of health sciences unit Verily by 15%

The Verily website is displayed on a laptop computer in an arranged photograph taken in Arlington, Virginia, on Thursday, May 7, 2020. Andrew Harrer...

by admin January 11, 2023
Alphabet to cut staff of health sciences unit Verily by 15%
Technology

Tesla plans to spend more than $770 million on Texas factory expansion

A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7,...

by admin January 11, 2023
Tesla plans to spend more than 0 million on Texas factory expansion
Technology

FTX’s venture backers included Patriots owner Robert Kraft and billionaire Paul Tudor Jones, new filings show

FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty...

by admin January 10, 2023
FTX's venture backers included Patriots owner Robert Kraft and billionaire Paul Tudor Jones, new filings show
Technology

Apple’s App Store growth is slowing down

Tim Cook at WWDC21 on June 7th, 2021. Source: Apple Every January, Apple releases the total amount of money that App Store developers have...

by admin January 10, 2023
Apple's App Store growth is slowing down
Technology

Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT

Microsoft plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT, according to a report from Semafor. The deal...

by admin January 10, 2023
Microsoft reportedly plans to invest  billion in creator of buzzy A.I. tool ChatGPT
Technology

House GOP to investigate whether White House pressured tech companies to suppress conservatives

U.S. House Minority Leader Kevin McCarthy (R-CA) (R) talks to Rep. Jim Jordan (R-OH) as Representatives cast their votes for Speaker of the House...

by admin January 9, 2023
House GOP to investigate whether White House pressured tech companies to suppress conservatives
Technology

UK PM reportedly restarts talks with SoftBank about listing Arm in London

SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial...

by admin January 9, 2023
UK PM reportedly restarts talks with SoftBank about listing Arm in London
Technology

The dark web’s criminal minds see Internet of Things as next big hacking prize

Krisanapong Detraphiphat | Moment | Getty Images John Hultquist, vice president of intelligence analysis at Google-owned cybersecurity firm Mandiant, likens his job to studying...

by admin January 9, 2023
The dark web's criminal minds see Internet of Things as next big hacking prize
Technology

Apple reportedly set to announce ‘Reality Pro’ VR headset this spring and will ship it in the fall

The silhouette of Tim Cook, chief executive officer of Apple, during the Apple World Wide Developers Conference (WWDC) in San Francisco. David Paul Morris...

by admin January 9, 2023
Apple reportedly set to announce 'Reality Pro' VR headset this spring and will ship it in the fall
Technology

More mainland Chinese firms will take away market share from Taiwan iPhone suppliers: Investment firm

“Chinese companies are getting pretty competitive for iPhone assemblers. China is doing quite well in pretty much everything, except semiconductors,” Kirk Yang, chairman and...

by admin January 9, 2023
More mainland Chinese firms will take away market share from Taiwan iPhone suppliers: Investment firm
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