It seems that 2023 might be a watershed year for the integration of the metaverse and blockchain technology. A new sort of digital economy is emerging, one that is borderless, decentralized, transpare...
Tag: Tech
Walmart Recession-Proofs Retail Reign With 3 Rare Moves
3 Gutsy Digital Moves Give Walmart Recession-Proof Edge Walmart and Wesley Hitt Recent earnings reports show retailers’ sales growth, customer loyalty and cash flow struggles. While pundits point to 1...
The Weak Link In DOJ’s Antitrust Case Against Google’s Ad Tech Dominance
The case that the Department of Justice announced on January 24 is similar to the ad tech case brought by the Texas Attorney General in 2021. Both focused on the monopoly Google seems to possess throu...
3 High-Yield Dividend Tech Stocks for Income Investors
The technology sector had a very rough 2022, with the Nasdaq 100 (QQQ) down by about 33% and Cathie Wood’s Ark Invest Innovation ETF (ARKK) down by a whopping 67%. As a result of the selloff, th...
Dow futures drop 200 points as Fed decision, tech earnings await
U.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key technology-sector earnings. What’s happening Dow Jones...
FOMO-Fueled Tech Rally Steamrolls Over Pile of Earnings Warnings
(Bloomberg) — Earnings from high-profile technology companies last week ranged from uninspiring to downright disastrous. But that didn’t stop traders from scooping up tech stocks ahead of more p...
gm: Week in Review: Tech Layoffs, Porsche NFTs, Ted Cruz
gm: Week in Review: Tech Layoffs, Porsche NFTs, Ted Cruz In our January 28, 2023 week in review episode, Dan Roberts, Matthew Diemer, and Kate Irwin talk about more layoffs in crypto and broader tech ...
Let’s Recap Tech Stocks After 2000 (Opinion)
The last year saw the fall of the Terra-Luna ecosystem, BlockFi, Celsius, Voyager Digital, 3AC, and Alameda-FTX. But it’s not the end of cryptocurrency. Like the Internet after the Dot Com bust, crypt...
Thailand’s Biggest Food Exporter Uses Tech To Monitor Goods
Charoen Pokphand Foods Public Company (CP Foods) of Thailand, the country’s biggest food exporter, is set to integrate blockchain technology into its operations, expanding to shrimps and other product...
Tech stocks are having their best January in decades — here’s why that may not be a good sign
Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January pe...
The cruelty of tech layoffs leaves employees emotionally devastated
Employees waking up to find out they no longer have email access. Others showing up to the office only to be denied entry. Delayed severance paperwork. Some immigrants suddenly unsure if they will eve...
Microsoft Confirms Its $10 Billion Investment Into ChatGPT, Changing How Microsoft Competes With Google, Apple And Other Tech Giants
AFP /AFP via Getty Images Key takeaways Microsoft finally confirmed that they were extending the partnership with OpenAI, the maker of the revolutionary ChatGPT tool. Microsoft Azure will also continu...
Ether below $1,600, Silvergate down on dividend deferral, Coinbase pops 10%
Crypto prices remain relatively steady, with most of the major coins flat or marginally higher. Silvergate sank after suspending a preferred dividend. Bitcoin was trading at $23,000 by 11:50 a....
Walmart Raises Pay And Adds New Tech Positions
Mount Prospect, IL, USA getty Suddenly WalmartWMT is raising wages for store associates and is adding new tech positions. The move, initiated by Walmart’s U.S. president and CEO John Furner, is an eff...
Blockchain ranks as the 5th most sought-after tech among China’s fintechs
Despite China’s frosty relationship with the cryptocurrency space, businesses in the country are increasingly embracing the underlying technology in the industry. In particular, blockchain has emerge...
The Great Resignation was fueled by workers’ obsession with flexibility. Big Tech layoffs have scared employees reprioritizing what they need
The pandemic brought job flexibility into focus as it never has been before. Workers across a range of industries started pushing back on employers’ demands to be in the office five days a week and cl...
Rivian Faces Another Key Exec Resignation
After a year of tough losses including the shrinking of of its market cap, Rivian’s (RIVN) – Get Free Report future appears to be challenging. Jim Chen, Rivian’s chief lobbyist who ...
Coinbase Stock Crushing Blue-chip Tech Index by 44%
Coinbase stock has been on a tear this year, outperforming both the broader tech sector and bellwether digital asset bitcoin. COIN is now up about 60% since the start of 2023, with a market capitaliza...
Cathie Wood bought more of this profitless tech stock this week
Cathie Wood seems to be having a fantastic start to the new year with her ARK Innovation ETF now up 25% year-to-date – and she’s continuing to make adjustments to her holdings in hopes of even better ...
FTX Creditor Records Airlines, Charities, and Tech Companies Indulged in Bankruptcy
An entire list of creditors who have taken money from the collapsed exchange platform FTX has been issued; disclosing a multitude of firms and government bodies indulged in its bankruptcy. On January...
Which Tech Companies Will Break Out In 2023?
Getty Images Key takeaways With the rise of ChatGPT, all eyes are on the artificial intelligence space as investors and analysts look for the best investment opportunities right now Even though major ...
25 Year Old Web3 Entrepreneur Secures $10M In Seed Funding For His Fashion Centric Tech
Iddris Sandu founder of Spatial Labs. Spatial Labs Web3 infrastructure company Spatial Labs has announced a $10 million seed funding round led by venture firm Blockchain Capital Coinbase, LedgerX. Thi...
Keith Comito on the benefits of blockchain tech and decentralization in longevity research
Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caug...
Nasdaq jumps 2.7% as tech leads Friday stock rally
U.S. stocks rallied on Friday, closing out the week on an upbeat note, led by strong gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9%, though it still closed the week down 0.7...
Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, in...