Unique Web3 tech primed to democratize Internet of Things industry

We live in houses that are capable of monitoring and controlling a wide range of internal processes — from heating and cooling to security and surveillance mechanisms. Our cars keep track of external ...

Elon Musk’s Fortune Is Melting Away

Elon Musk has evolved in a world apart.  For more than 10 months he was the only member of the most select financial club on the planet, one that has never welcomed more than two members at the same t...

Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion

In this photo illustration, a bitcoin logo seen displayed on a smartphone with a FTX logo on the background.  Avishek Das | Lightrocket | Getty Images FTX’s vast web of entities had a total of a...

Top Disney exec Kareem Daniel to leave as Bob Iger returns

Kareem Daniel, the chairman of Walt Disney Co.’s vast media and entertainment distribution segment, is leaving the company as part of an organizational reshuffling that comes a day after Robert Iger r...

Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs

Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stocks struggling, oil tumbling and the dollar higher as Monday’s session gets underway. In a shortened w...

Collapsed crypto exchange FTX owes top 50 creditors $3 billion: Filing

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphot...

Internet Computer Price Analysis: ICP Price Halts Near Its Crucial Support Level

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Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.

2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...

Crypto startup Ripple seeks license in Ireland to drive EU expansion

In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images U.S.-...

VC firm Sequoia Capital’s Doug Leone on the fallout from FTX collapse

Doug Leone, managing partner at Sequoia Capital LLC, speaks during the Bridge Forum conference in San Francisco, California, U.S., on Wednesday, April 17, 2019. The event brings together leaders in fi...

FTX victims are setting up GoFundMe fundraisers to try to get their money back

People who say they have lost money in the collapse of crypto exchange FTX are turning to strangers to cover their losses by setting up GoFundMe fundraising pages. They include a man who says that he ...

Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other big-ticket items. Critics call him out.

Billionaire Jeff Bezos, who founded the e-tail behemoth Amazon, has some spending tips as Americans gear up for the holiday shopping season — amid four-decade-high inflation and recession worries. Her...

The secret to a happier retirement might be in your ‘retirement quotient’

You know all about IQ (intelligence quotient) and probably EQ (emotional quotient or emotional intelligence). But if you’re getting close to retirement or in retirement, you might also want to know ab...

Muddy Waters takes short position against U.S.-listed Uruguayan payments company

Short seller Muddy Waters Capital announced it has taken out a short bet against Uruguayan payments firm dLocal, calling the company “likely a fraud,” which caused its shares to dramatically drop on W...

Hong Kong Internet Stocks Gain On Biden Xi Meeting

China Last Night KraneShares Key News Asian equities had a good day as China and Hong Kong outperformed following President Biden and Xi’s positive get-together in Bali along with continued support fo...

FTX says could have over 1 million creditors in new bankruptcy filing

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonatha...

Tech leaders reckon with higher interest rates, down rounds and layoffs

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech ...

Icahn loads up on Twitter, oil and gas in third quarter, dumps Welbilt

Billionaire investor Carl Icahn acquired more than 12.5 million shares of Twitter Inc. during the third quarter, ahead of Elon Musk’s takeover of the company, while also boosting his holdings in Occid...

‘Big Short’ Michael Burry Makes New Bets

Michael Burry has accustomed business circles and the general public to unusual decisions.  The legendary investor is accustomed to blows of brilliance.  The financier, known for having bet on the col...

The Impact of Fast and Reliable Internet Connections in Emerging Economies

Global Internet Connectivity Rates For many countries, internet access is a given. In these countries, internet connectivity helps collaboration, lowers the cost of doing business, and facilitates inn...

Binance CEO sees slight increase in withdrawals after FTX collapse

Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | G...

Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.

According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His word...

Crypto.com CEO says will prove naysayers wrong amid FTX contagion fears

Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday t...

Antitrust battle over Apple’s app store goes to appeals court

SAN FRANCISCO — Apple is heading into a courtroom faceoff against the company behind the popular Fortnite video game, reviving a high-stakes antitrust battle over whether the digital fortress shieldin...

Internet Computer Price Analysis: ICP Crypto Still Trying to gather Support!

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Investors may be whistling past the graveyard of a recession with latest rally in stocks

Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk a...

FTX’s stunning collapse nothing like Theranos, says venture investor and crypto bull Tim Draper

Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos...

You need to understand the FTX debacle even if you have no investments in crypto

The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...

Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’

Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...

‘I’m Especially Sorry’ Apologizes Mark Zuckerberg

It took some time but Mark Zuckerberg seems, for the first time, to want to water down the wine of his metaverse-oriented strategy.  The CEO of Meta Platforms  (META) – Get Free Report, formerly...

Binance’s rescue of FTX shows no crypto company is ‘too big to fail’

Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022. Ben Mcshane | Sportsfile | Getty Images Binance’s agreement to salvage rival cryptocurrency exchange FTX from co...

Lionel Messi takes stake in NFT fantasy soccer game Sorare

Soccer star Lionel Messi has joined NFT trading platform Sorare as an investor and brand ambassador. Sorare Soccer star Lionel Messi is joining Sorare, the French nonfungible token trading game, as an...