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Technology

Technology

The luna cryptocurrency has been resurrected after its $40 billion collapse. It’s already crashing

In this article UST.CM= LUNA.CM= Cryptocurrency markets have seen a steep sell-off after the collapse of controversial blockchain project Terra. Dan Kitwood | Getty...

by admin May 30, 2022
Technology

Ex-Disney CEO Bob Iger takes stake in Australian design company Canva, which has been valued at $40 billion

Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon |...

by admin May 29, 2022
Technology

The first act of the streaming wars saga is over — Netflix’s fall from grace has ushered in the pivotal second act

In this article NFLX Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021....

by admin May 29, 2022
Technology

Start-up investors are warning of dark days ahead as boom times are ‘unambiguously over’

Sean Gladwell | Moment | Getty Images Slow your hiring! Cut back on marketing! Extend your runway! The venture capital missives are back, and...

by admin May 28, 2022
Technology

$60 billion collapse of major cryptocurrency is not the industry’s Bear Stearns moment — senators and regulators explain why

In this article ETH= WASHINGTON — It’s been a brutal few weeks for the crypto market. Half a trillion dollars was wiped off the...

by admin May 28, 2022
Technology

Apple union push faces setback as Atlanta organizers withdraw bid for vote, citing alleged intimidation and rising Covid cases

Shoppers walk past an Apple Store at Franklin Park Mall during Black Friday. Shoppers go to stores to take advantage of Black Friday sales...

by admin May 27, 2022
Technology

This is what’s next for Terra as the failed crypto project attempts a new path forward

Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images This week, backers of the failed...

by admin May 27, 2022
Technology

Why CircleUp thinks machine learning may be the hottest item in consumer goods

In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Disruptive companies have shaped...

by admin May 26, 2022
Technology

Microsoft exec tells employees in Windows and Office groups to be more cautious in hiring

Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24,...

by admin May 26, 2022
Technology

Nvidia stock falls on light guidance, CFO says company will slow hiring

Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan...

by admin May 26, 2022
Technology

Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding

In this article TWTR Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A...

by admin May 25, 2022
Technology

Democrats urge Google to stop collecting location data that could be used to identify people seeking abortions

In this article GOOGL Sen. Ron Wyden, D-OR Sarah Silbiger | Getty Images News | Getty Images A group of 42 Democratic lawmakers urged...

by admin May 24, 2022
Technology

Snap’s warning sends shock across digital advertising as investors flee social media stocks

In this article SNAP Evan Spiegel, CEO and co-founder of Snap Inc. Adam Galica | CNBC Social media companies were already having a rough...

by admin May 24, 2022
Technology

Snap plunges 30% after CEO warns company will miss revenue and earnings estimates, slow hiring

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in...

by admin May 23, 2022
Technology

Airbnb is closing its domestic business in China, sources say

In this article ABNB Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speaks during a news conference in Tokyo, Japan, on Thursday,...

by admin May 23, 2022
Technology

Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future

Wind turbine and cooling towers of the Cruas-Meysse nuclear power plant in France, April 12, 2021. Jean-Marie HOSATTE | Gamma-Rapho | Getty Images Russia’s...

by admin May 23, 2022
Technology

Hyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics

In this article .FKRX300 Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion...

by admin May 22, 2022
Technology

Where the billions spent on autonomous vehicles by U.S. and Chinese giants is heading

In this article F TSLA GM GOOGL An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the...

by admin May 21, 2022
Technology

Tech stocks are mired in their longest weekly losing streak since dot-com bust

Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com...

by admin May 20, 2022
Technology

At Gary Vaynerchuk’s ‘VeeCon’ in Minneapolis, the only way in is an NFT ticket

Those seeking evidence of the recent crypto meltdown need not look to Minneapolis — at least for the next few days. This weekend, thousands...

by admin May 20, 2022
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