In this article BTC.CM= Bitcoin could be poised for outsized gains if recent technical signals are to be believed. Investors have been searching for a bottom to bitcoin since the cryptocurrency lost more than 60% of its value from the all-time high of nearly $69,000 it hit in November. Nearly $2 trillion has been wiped
Technology
In this article TMUS T-Mobile CEO Mike Sievert and SpaceX founder Elon Musk announce partnership plans on Aug. 25, 2022. Screenshot SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert said that their companies are working to “end mobile dead zones,” and will launch a new mobile service enabled by Starlink second-generation satellites and T-Mobile
In this article AMZN Five years ago, Amazon closed its $13.7 billion purchase of Whole Foods, by far the biggest acquisition ever for the e-commerce and cloud computing giant. Since then, Amazon has made a lot of changes to the specialty grocer, from lowering prices to embedding checkout technology in its 500-plus U.S. stores. Amazon
In this article AMZN Amazon employees are told they can get health care on call Amazon is shutting down its telehealth service, Amazon Care, marking a major retreat by the retail behemoth in its efforts to break into the health care space. Amazon will shutter the service after Dec. 31, Amazon Health Services lead Neil
In this article META Facebook users complained of an issue that saw random comments made to celebrity Pages appear in their own Feed. Olivier Douliery | Afp | Getty Images Facebook parent Meta confirmed Wednesday an issue with the company’s Feed after numerous users reported problems with spam from celebrity pages. “We’re aware that some
In this article TWTR Peiter Zatko, who is also known as Mudge poses for a portrait on Monday August 22, 2022 in Washington, DC. Matt McClain | The Washington Post | Getty Images A Twitter whistleblower is alleging “extreme, egregious deficiencies by Twitter” related to privacy, security and content moderation, according to complaints filed with
In this article JD 9618-HK Chinese technology companies including JD.com are facing headwinds from China’s Covid lockdowns and subsequent economic impact as well as the country’s tighter regulatory environment for technology businesses. Qilai Shen | Bloomberg | Getty Images JD.com beat top and bottom line expectations in the second quarter, but posted its slowest year-on-year
In this article AAPL An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Xiaolang Zhang, a former Apple employee who was accused of stealing computer files with trade secrets about Apple’s secretive car division, pleaded guilty in federal court
In this article BABA 700-HK Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Chinese tech giants Alibaba
In this article TSLA Tesla founder Elon Musk was practically apologetic on his company’s earnings call for hiking prices to meet higher costs. Sean Zanni | Patrick Mcmullan | Getty Images Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name
In this article DIS Disney Co. executives CEO Bob Chapek, left, and Bob Iger, executive chairman, deliver remarks at Cinderella Castle at the Magic Kingdom during the rededication ceremony marking the 50th anniversary of Walt Disney World, in Lake Buena Vista, Florida, Thursday night, Sept. 30, 2021. Joe Burbank | Tribune News Service | Getty
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX rode the crypto craze to a billion dollars in revenue last year while
In this article GOOGL TSLA Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the
As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block. Boston-based Tomorrow.io already boasts clients
Patrick Mahomes #15 of the Kansas City Chiefs Jamie Squire | Getty Images Sport | Getty Images To the joy and frustration of football fans across the United States, the era of National Football League games appearing exclusively on a streaming service is upon us. Amazon Prime Video is the home for “Thursday Night Football”
In this article GOOGL A Google employee marches towards City Hall during the Global Climate Strike in Seattle, Washington, on Friday, Sept. 20, 2019. Thousands of workers at Microsoft Corp. and Amazon.com Inc. walked out without their bosses blessings to protest rising global temperatures. Chloe Collyer | Bloomberg | Getty Images Bambi Okugawa is a
In this article 700-HK Tencent runs the ubiquitous Chinese messaging app WeChat. The company has a short form video feature with in the app and has began to monetize that through video ads in the feed. Tencent said such ads could become a “substantial” source of revenue in the future. Budrul Chukrut | Sopa Images
Vince McMahon (L) and Donald Trump attend a press conference about the WWE at the Austin Straubel International Airport on June 22, 2009 in Green Bay, Wisconsin. Mark A. Wallenfang | Getty Images Entertainment | Getty Images Former World Wrestling Entertainment boss Vince McMahon paid $5 million of around $20 million previously unrecorded expenses to
In this article MANU TWTR Shares of the English soccer club Manchester United Plc briefly rose by as much as 17% in premarket trading on Wednesday, after Elon Musk jokingly tweeted “Also, I’m buying Manchester United ur welcome.” Photo by Catherine Ivill/Getty Images Shares of the English soccer club Manchester United briefly rose by as
In this article AAPL Meta Apple and Facebook parent Meta are expected to release mixed reality headsets in the coming year that could finally fulfill the industry’s promise to turn head-worn devices into the next big shift in personal computing. But there’s one major potential snag: sticker shock. The best-selling virtual reality headset, the Meta
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