White House Announces Cost Cutting-Deal With Internet Companies

Topline The White House on Monday announced plans to boost access to high-speed internet for low-income families, building on existing federal subsidies and effectively giving millions of Americans fr...

What is terraUSD (UST) and how does it affect bitcoin?

Pedestrians walk past a display of cryptocurrency Bitcoin on February 15, 2022 in Hong Kong, China. Anthony Kwan | Getty Images A multibillion-dollar bet that bitcoin can act as a “reserve curre...

The office ‘is over,’ Airbnb CEO Brian Chesky says, and flexibility is the future

““I think that the office as we know it, is over.”” That’s Airbnb Chief Executive Brian Chesky, in an interview with Time magazine’s The Leadership Brief published Sunday. “It’s kind of like an anachr...

Elon Musk pitch deck for Twitter promises to nearly triple ad revenue, create $10 billion subscription business: report

Elon Musk is telling potential investors in his deal for Twitter Inc. that he will seek to triple the company’s ad revenue and create a $10 billion-a-year subscription business within six years, accor...

What is the Internet of Things? Meet the Top 3 IoT Crypto Projects!

The internet has been undergoing massive growth as more technologies have emerged in the last few years. This has caused a shift in the way things are being performed in the past, ushering in a new te...

‘She has no ambition’: I’m 41 and make $100,000. I’m buying a home before getting married. My fiancée earns $50,000 and has $20,000 in student debt. What’s a fair prenup?

I have been in my current relationship for almost three years. I’m a young woman, 41, have a great, stable career and make about $100,000 a year. I am ambitious and my prospects have me increasing my ...

This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.

Fade the Fed anyone? Stocks are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-li...

Opinion: Once richly valued, ‘unicorn’ startups are being gored and investors and funders have stopped believing

When Homer Simpson was asked, “How are we going to get out of this hole?,” he replied, “We’ll dig our way out!” Many people who find themselves in holes they can’t climb out of think that the solution...

Binance backing for Elon Musk’s Twitter bid boosts ‘Web3’ vision

Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Bitcoin exchange Binance’s move to partici...

US Doesn’t Want Bitcoin to Repeat Internet Success

Joe Rogan, the American martial artist and podcaster, doubts that the US authorities will allow Bitcoin to grow on the same scale that the internet did. The US authorities are “going crazy” at the mer...

Crypto exchange Binance wins regulatory approval in France

Binance CEO Changpeng Zhao gave a keynote at a Paris crypto industry event in April 2022 to debut a new accelerator program for so-called “Web3” start-ups. Benjamin Girette | Bloomberg | G...

Internet Stocks Clipped In Hong Kong, Mainland Markets To Reopen Tomorrow

China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as Hong Kong was a significant laggard and Mainland China was closed. Growth and internet stocks were clipped...

Crypto Winter Unlikely As ‘Astonishing’ User Growth Dwarfs Internet Adoption Rate: Macro Guru Raoul Pal

Former Goldman Sachs executive Raoul Pal expects there to be billions of new cryptocurrency users by the end of the decade despite any jitters investors may currently feel about the markets. In a new ...

Klarna to report buy now, pay later data to UK credit bureaus

Buy now, pay later giant Klarna says it will start reporting data on customers’ usage of its products to credit bureaus in the U.K., gearing up for incoming regulations aimed at reining in the s...

Lyft stock plunges 26% after forecast, rider numbers come up short

Lyft Inc. said Tuesday that it had a better-than-expected first quarter, with Chief Executive Logan Green saying ride-hailing volumes hit “a new COVID high,” but shares plunged after executives’ forec...

Uber moves up earnings report after Lyft forecast sends stock into a slump

After Lyft Inc.’s financial results sent Uber Technologies Inc. shares into a spiral late Tuesday, Uber announced executives would move up the time of their own earnings announcement. Lyft LYFT, -2.35...

Nym Technologies raises $300M to advance internet privacy, sending token price up

Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to develope...

Chegg stock plummets toward lowest price in 4 years after annual forecast chopped

Chegg Inc. shares plunged toward their lowest price in four years Monday afternoon, after the online-education company slashed an annual forecast provided three months ago. Chegg CHGG, +0.97% righted ...

These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.

A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...

The DSA is born, the declaration on the future of the Internet

The DSA (Digital Services Act) is coming early, and the President of the European Commission, Ursula Von Der Leyen, announces it as a major breakthrough. European Commission, new DSA New DSA, Ursula V...

The crypto industry wants to go green — that’s easier said than done

BODEN, Sweden — Tucked away in snowy Swedish Lapland is a modern-day gold mine. But instead of picks and shovels, it’s filled with thousands of computers. These machines, known as mining rigs, a...

Storied VC says investors are unlearning the lessons of the last bull market. Jeff Bezos says you should listen.

Investors are mustering some courage following the worst month since the pandemic, and Friday’s session that ended with the Dow DJIA, -2.77% tanking nearly 1,000 points and the S&P 500 SPX, -3.63%...

Amazon and Ford Have a Big Problem They Can’t Control

Amazon  (AMZN) – Get Amazon.com, Inc. Report and Ford  (F) – Get Ford Motor Company Report operate in two different sectors.  The first is in online commerce, streaming, sport and, above a...

Internet Computer’s ORIGYN is watching the watches using NFT authentication

ORIGYN, a Swiss foundation that uses artificial intelligence (AI) to identify and authenticate objects of value, has partnered with luxury watch marketplace WatchBox. The pair will co-produce certific...

‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.

A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the ba...

Many tech stocks that have crashed are still too expensive to buy

I came across this list of crashed big cap tech stocks on Twitter on April 23: I’ve analyzed every one of those stocks over the last year. When thousands of stocks are down 70%-80% or even 90%, there ...

Internet Regulation Cycle Eases As Domestic Consumption Becomes Job #1, Week In Review

China Last Night KraneShares Week in Review Asian equities registered another choppy week of trading, mirroring US and developed markets. Markets were deepest in the red on Monday as investors feared ...

Opinion: Big Tech is no longer winning as big, but these two stocks still seem safe

The Big Tech earnings boom is officially over, but some of the world’s most powerful and valuable companies are breaking off from the pack. As this column told you months ago, profit increases are no ...

Amazon looks to cut costs after first loss in seven years sends stock careening lower

Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs, and executives expect to make changes to cut some expenses. Amazon AMZN, +4.65%...

Stock of SPAC buying Truth Social jumps after Trump posts for first time in months

Shares of Digital World Acquisition Corp., the special purpose acquisition company that is buying the company behind Donald Trump’s Truth Social, soared in after-hours trading Thursday after Trump pos...

Singapore fintech Nium plans aggressive expansion in Europe

Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Ima...

Boomers are leaving the stock market. Here’s what comes next, says this strategist.

Stocks are in the green for Thursday, with Facebook parent Meta Platforms in the driver’s seat after less disastrous than feared results. Gains are a bit less than what stock futures were promising th...