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Technology

Technology

Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection...

by admin November 16, 2022
Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads
Technology

Amazon starts cutting jobs, with layoffs hitting Alexa unit and cloud gaming division

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder...

by admin November 16, 2022
Amazon starts cutting jobs, with layoffs hitting Alexa unit and cloud gaming division
Technology

From $32 billion to criminal investigations: How Sam Bankman-Fried’s empire vanished overnight

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC The Kimchi Swap put Sam Bankman-Fried on the map. The year was 2017,...

by admin November 15, 2022
From  billion to criminal investigations: How Sam Bankman-Fried's empire vanished overnight
Technology

Microsoft, Meta and others face rising drought risk to their data centers

Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers...

by admin November 15, 2022
Microsoft, Meta and others face rising drought risk to their data centers
Technology

Crypto.com customers worry it could follow FTX, as CEO tries to reassure them everything’s fine

The logo of Crypto.com is seen at a stand during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. Marco Bello |...

by admin November 15, 2022
Crypto.com customers worry it could follow FTX, as CEO tries to reassure them everything's fine
Technology

Musk tells Twitter employees they can still receive stock even though the company is private

In this illustration, Elon Musk’s Twitter account is displayed on the screen of a mobile phone with the Twitter logo in the background. A...

by admin November 14, 2022
Musk tells Twitter employees they can still receive stock even though the company is private
Technology

Washington lobbyists sever ties with FTX founder Sam Bankman-Fried after crypto exchange implodes

CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December...

by admin November 14, 2022
Washington lobbyists sever ties with FTX founder Sam Bankman-Fried after crypto exchange implodes
Technology

Amazon reportedly plans to lay off about 10,000 employees starting this week

Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New...

by admin November 14, 2022
Amazon reportedly plans to lay off about 10,000 employees starting this week
Technology

Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise

Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss...

by admin November 14, 2022
Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise
Technology

Twitter cuts a large number of contract workers without giving internal teams a heads up

In this photo illustration a Twitter logo seen displayed on a smartphone screen with Elon Musk Twitter in the background in Athens, Greece on...

by admin November 13, 2022
Twitter cuts a large number of contract workers without giving internal teams a heads up
Technology

Sen. Ed Markey hits back at Elon Musk after his response to questions about impersonation

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Dado Ruvic...

by admin November 13, 2022
Sen. Ed Markey hits back at Elon Musk after his response to questions about impersonation
Technology

FTX says it’s removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack

In this photo illustration, the FTX website is seen on a computer on November 10, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency...

by admin November 12, 2022
FTX says it's removing trading and withdrawals, moving digital assets to a cold wallet after a 7 million suspected hack
Technology

Sam Bankman-Fried reportedly denies fleeing to Argentina, says he’s still in the Bahamas

Sam Bankman-Fried, CEO and Founder of FTX, walks near the U.S. Capitol, in Washington, D.C., September 15, 2022. Graeme Sloan | Sipa via AP...

by admin November 12, 2022
Sam Bankman-Fried reportedly denies fleeing to Argentina, says he's still in the Bahamas
Technology

Between $1 billion and $2 billion of FTX customer funds have disappeared, SBF had a secret ‘back door’ to transfer billions: Report

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty...

by admin November 12, 2022
Between  billion and  billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions: Report
Technology

Elon Musk is now working out of Twitter headquarters, thanks employees for long hours

Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters On Friday, Twitter‘s new...

by admin November 11, 2022
Elon Musk is now working out of Twitter headquarters, thanks employees for long hours
Technology

Twitter pauses paid verifications after users abuse service to impersonate brands and people

In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone...

by admin November 11, 2022
Twitter pauses paid verifications after users abuse service to impersonate brands and people
Technology

Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein...

by admin November 11, 2022
Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy
Technology

Crypto peaked a year ago — investors have lost more than $2 trillion since

An attendee wears a “Will Work for NFTs” shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022....

by admin November 11, 2022
Crypto peaked a year ago — investors have lost more than  trillion since
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
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