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Technology

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
Technology

What it feels like to visit a fusion company lab on a day when wildfire smoke cloaks the horizon

Cat Clifford, CNBC climate tech and innovation reporter, at Helion Energy on October 20. Photo taken by Jessie Barton, communications for Helion Energy, with...

by admin November 4, 2022
What it feels like to visit a fusion company lab on a day when wildfire smoke cloaks the horizon
Technology

Elon Musk says Twitter has had ‘massive’ revenue drop as advertisers pause spending

Twitter has suffered a “massive drop in revenue” because of advertisers pausing spending on the social media platform, Elon Musk, the new owner of...

by admin November 4, 2022
Elon Musk says Twitter has had 'massive' revenue drop as advertisers pause spending
Technology

Twitter sued by employees after mass layoffs begin

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 4, 2022
Twitter sued by employees after mass layoffs begin
Technology

Here’s how Twitter and Elon Musk can prevent racist ‘raids’ on the social network

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 3, 2022
Here's how Twitter and Elon Musk can prevent racist 'raids' on the social network
Technology

Atlassian plummets more than 20% on weak earnings report and disappointing forecast

Scott Farquhar, co-founder and co-CEO of the software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022...

by admin November 3, 2022
Atlassian plummets more than 20% on weak earnings report and disappointing forecast
Technology

Amazon pauses hiring for corporate workforce

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

by admin November 3, 2022
Amazon pauses hiring for corporate workforce
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