Elon Musk “doesn’t have a leg to stand on” in what could become a long courtroom battle with Twitter (TWRT), says one veteran stock analyst. “After a careful reading of Twitter’s lawsuit against Elon ...
Tag: Tech
Netflix, Microsoft And The Rapidly Blurring Lines Between Media And Tech
Microsoft logo displayed on a phone screen and Netflix website displayed on a laptop screen are seen … [+] in this illustration photo taken in Krakow, Poland on July 14, 2022. (Photo by Jakub Po...
Big Boost For Ripple (XRP) As Study Shows Great Outlook On CBDC Tech
After introducing the XRP Ledger which gives central banks secure solution to manage crypto, Ripple came up with new findings. The company has long maintained that distributed ledger technology would ...
Fresh Scrutiny of Alibaba Sends China Tech Stocks Into Tailspin
(Bloomberg) — Investors in China’s tech shares just got another reminder that regulatory scrutiny into the sector is unlikely to go away anytime soon despite a concerted effort by authorities to...
Alibaba And Tencent Fined In China Tech Crackdown
Getty Images Key takeaways Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities Alibaba and Tencent (a Chinese ...
Tech can’t remove all financial risks, crypto regulation needed: BOE
Regulators need to “get on with the job” of bringing the use of crypto technologies within the “regulatory perimeter,” says Jon Cunliffe, Bank of England’s deputy governo...
South Korean Tech Giant SK Telecom to Launch Its First Web3 Wallet – crypto.news
SK Telecom, a major South Korean telecommunications company, has joined forces with other blockchain companies to build a digital wallet that can store cryptocurrencies, nonfungible tokens, and digita...
Vleppo And Tokel Partner Up To Help Make NFT Rights Legally Enforceable Utilizing Komodo Tech
Advertisement     Vleppo, a Web3 blockchain solution provider, and Tokel, a blockchain-based NFT and token creation system, are excited to announce that NFTs rights ar...
The Tech Sector That’s Bear Market Proof, GameFi
For the past months, Bitcoin has lost 70% of its value from its all-time high at $69K last November causing fear in the crypto market in what is more commonly known as “Crypto Winter”. Investments in ...
Some beaten-down tech stocks are now ‘outright cheap’: JPMorgan
Some battered tech stocks could finally be worth a nibble based on attractive valuations, strategists at JPMorgan argued in a recent note. “On the price-to-sales metric, non-profitable tech is c...
ServiceNow sinks after CEO warns global tech firms won’t be able to outrun strong dollar
The strong U.S. dollar is a drag against technology brands in an environment already battered by fierce macro headwinds, ServiceNow CEO Bill McDermott told CNBC’s Jim Cramer. “You’re...
LCID stock rises as Lucid rolls out new tech for its EV charging system
On July 12, Lucid’s (NASDAQ: LCID) stock rose as much as 2% in the early hours of trading after it released a new tech video that reveals their innovative “Wunderbox” electric vehicle (EV) charging sy...
Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen for new innovation group
Jared Cohen Anjali Sundaram | CNBC Goldman Sachs CEO David Solomon has hired another senior executive from the technology sector. The investment bank is adding Alphabet‘s Jared Cohen, a protege ...
ING sells digital custody tech to Gmex Group
Dutch banking group ING has sold its digital asset custody and post-trade infrastructure technology Pyctor to infrastructure player Gmex Group, according to a statement on Monday. The tech was incuba...
South Korea’s tech giant SK Telecom to launch cryptocurrency wallet
Korea Mobile Telecommunications Services Corp also more commonly known as SK Telecom announced on July 11 that it had reached an agreement with AhnLab Blockchain Company and Atomrigs Lab to collaborat...
Elon Musk Embraces a Conservative Cause
When Elon Musk believes in an idea or a product, he goes all the way to defend it or make it happen. Tesla (TSLA) – Get Tesla Inc. Report is the very example of this determination. Many were ...
Data shows who has been hit the hardest in the great tech layoff wave
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. As Q2 venture capital data starts to come out, it’s clear that t...
China Tech Stocks Fall After Beijing Fines Alibaba, Tencent
By Yifan Wang Shares of Chinese tech giants fell in Hong Kong on Monday, after Beijing fined some of the country’s largest internet companies for failing to make proper antitrust declarations on...
China Tech Stocks Sink as Alibaba, Tencent Suffer Fresh Fines
(Bloomberg) — Chinese tech stocks fell sharply Monday, weighed by a selloff in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. after the two firms received a regulatory fine on past transac...
Tech Rebound Drives Equity Advance As The Dollar Hits New Highs
(Photo by Andrew Burton/Getty Images) Getty Images Stocks indices in the U.S. posted significant gains last week, led by a recovery in beaten-down technology companies. The Ark Innovation Fund ETF, $A...
The Savvy Investor’s Plan For 8.9% Dividends From Oversold Tech
Businessman sitting on a windowsill at night and looking at a digital tablet, with cityscape at the … [+] background and copy space. getty After a 30% drop this year, tech is the last sector mos...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
Binance Secures Registration in Spain Through Its Moon Tech Subsidiary
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
TSMC Sales Soar 44% in Another Sign of Resilient Tech Demand
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported better-than-expected quarterly revenue, providing another signal that electronics demand is holding up better than feared. Most Read...
Med Tech Spiritus Mundi starts trading on London Stock Exchange
Back in 2021, Spiritus Mundi PLC set out plans for an initial public offering (IPO) on the Main Market of the London Stock Exchange (LSE), which has now come full circle. Namely, this special purpose ...
Tech stocks could have sustained rally after Thursday’s bounce
CNBC’s Jim Cramer said that the rally in tech stocks Thursday could spark a longer-term recovery, as the beaten-down names struggle to stay afloat in a seesawing market. “You need to recog...
Cathie Wood Watch: Ark Buys Shares of Health Tech Company
Renowned investor Cathie Wood, chief executive of Ark Investment Management, bought shares of a medical imaging equipment producer Wednesday, along with some familiar names. All valuations below are a...