Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...
Tag: Tech
Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone – Sponsored Bitcoin News
sponsored Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based...
Amundi Turning Bullish on China Stocks, Still Cautious on Tech
(Bloomberg) — Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi SA. Most Read from Bloomberg The...
Cannabis, sex tech and psychedelics startups deserve more than stigma
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. ...
Tech layoffs top 15K in a brutal May
It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hopeful...
Crypto Exchange Binance To Tighten KYC Controls and Sanctions Enforcement With New Tech Partnerships
Global crypto exchange Binance is announcing new partnerships with tech companies to shore up its know-your-customer (KYC) controls and enforcement of sanctions. According to a new press release, Bina...
Broadcom Secretly Eyed VMware Before $61 Billion Blockbuster Tech Deal
(Bloomberg) — Long before Broadcom Inc. sealed a deal to buy VMware Inc. for $61 billion Thursday, it eyed the company secretly from a distance. Most Read from Bloomberg VMware had been one of t...
Airbus sets up UK facility to focus on hydrogen tech for aircraft
A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Ca...
Elon Musk and Tesla Set Their Sights on a Popular Industry
Elon Musk and Tesla (TSLA) – Get Tesla Inc Report completely changed the automotive industry. Five years ago, legacy vehicle manufacturers were still skeptical about the turn to electrificatio...
‘Big Short’ Michael Burry Awakens Ghosts of the 2008 Financial Crisis
Are we about to relive the financial crash of 2008? The question is begining to cross people’s minds since a cryptic tweet on May 24 from iconic investor Michael Burry, known to be one of the f...
Stocks extend losses after Snap outlook spurs sell-off in tech shares
U.S. stocks were mostly lower Tuesday after social media giant Snap Inc. (SNAP) logged its biggest one-day drop on record and dragged down shares of technology peers. The Nasdaq Composite tumbled 2.3%...
The Snap CEO’s memo caused another tech stock plunge—and the worst one-day loss in company history. Here’s why it freaked everyone out
Tech stocks had another terrible showing on Tuesday, but it wasn’t because of the release of new economic data or a bad earnings report. The dark day was largely the result of a single memo from Snap’...
What’s Wrong with Facebook, Amazon and Google?
It’s a black spring for tech giants. For several weeks now, billions of dollars of market capitalization have been disappearing on a daily basis as investors’ nervousness grows. One unwe...
New Tech Means Bridge Hacks Should be Just a Memory
Bridge Security: The interoperability trilemma of bridges needs a rethink. Data Journalist Daniel C. Park explains what is in the pipeline to prevent bridge hacks. At Nomad, we are working on a new ca...
The Biggest Companies Making The Least Money [Infographic]
Major companies with billions of dollars in revenue are moneymakers earning their investors and stakeholders fortunes. Unless—the opposite happens and they become money pits devouring unfathomable amo...
How SEC Killed Tech – Trustnodes
Tech is dead. The old tech, the new social network, new coding language, new react framework, and SEC killed it. More correctly, our forefathers killed it in 1933 when they passed the investment prohi...
Stock Market Selloff Resumes As Snap’s 40% Plunge Drags Tech Shares Lower
Topline The stock market fell on Tuesday—reversing a comeback rally a day earlier—as the months-long selloff on Wall Street persists with investors continuing to offload shares amid a gloomy profit ou...
The Dollar Weakens as Tech Crashes – Trustnodes
The dollar has come off its highest in two decades to now 102 from above 104 with it falling the most since it began its bull run last year. The currency is now finding competition from the euro which...
3 beaten-down tech stocks to avoid at all cost
Technology stocks have had a difficult period this year as concerns about high-interest rates continue. The Nasdaq 100 index has crashed by about 30% from its all-time high and is trading at the lowes...
Dow Jones Futures Fall, Tech Futures Sell Off As Snap Crashes 30% On Q2 Warning
Dow Jones futures were lower, while tech futures sold off late after Monday’s stock market rebound. Zoom Video (ZM) briefly surged more than 17% after better-than-expected first-quarter earnings...
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech – Bitcoin News
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now ava...
Big Value In Big Tech
A picture taken on November 20, 2017 shows logos of US multinational technology company Google … [+] displayed on computers’ screens. / AFP PHOTO / LOIC VENANCE (Photo credit should read L...
Which beaten down stocks should I buy for the biggest long-term upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows
Which beaten down stocks should I buy for the biggest long-term upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows “Be fearful when others are greedy and greedy when others are fearf...
New tech streamlines investigations into illicit crypto use
Law enforcement agencies in the US have been rapidly onboarding cryptocurrency investigative tools. A new offering on the market aims to condense chains of crypto transactions into easily viewable tim...
SAND Jumped 12% Following The Sandbox’s Acquisition of Uruguayan Tech Firm
The Animoca Brands subsidiary – The Sandbox – purchased the Uruguayan technology company Cualit, aiming to accelerate the progress of the Web3 ecosystem and blockchain industry. Shortly after the deal...
Consider bullish Take-Two Interactive and Electronic Arts amid tech rout?
Tech stocks have been hit hard this year, with Nasdaq-100 down more than 26% year-to-date. Take-two Interactive Software, Inc. (NASDAQ:TTWO) and Electronic Arts Inc. (NASDAQ:EA) are showing recoveries...
Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks
An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback ...