AvaTrade and Aston Martin Formula 1 have partnered together, making the Ireland-based forex broker the official trading partner of the racing team. The development comes at the right time, signalling ...
Tag: Technology
Disney announces layoffs, reorganization, cost cuts
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three...
SpaceX prepares to test fire all 33 Starship engines at once
Starship prototype 24 stacked on top of Super Heavy booster prototype 7 at the company’s facility near Brownsville, Texas on January 9, 2023. SpaceX WASHINGTON – SpaceX President Gwynne Shotwell...
Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.
Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...
Affirm to lay off 19% of staff, stock tanks after earnings disappointment
Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the buy-now-pay-later company came up shy with both its results and outlook. “The root caus...
Fornax Launches Blockchain Version 1.0 with Limited Supply of 20 Million Coins, Smart Contract Support, and Cutting-Edge Technology
Fornax, a new player in the decentralized blockchain world, has announced the launch of its blockchain version 1.0 pre-sale. This version is limited to a total supply of 20 million Fornax Coins and of...
Affirm earnings: What to expect from the buy-now-pay-later company
After robust growth for buy-now-pay-later services in the prior holiday season, Affirm Holdings Inc. is still expected to have increased its top line in the most recent December quarter, but at a much...
FTX bankruptcy fees near $20 million for 51 days of work
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images FTX’s top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work ...
No Secret Technology for Permanent Higher Returns Discovered: Degen
Degen Spartan states no new technology discovered for permanent higher returns. The Twitter thread came amid revelations made by analytics firm, Glassnode. Glassnode identifies structural changes usin...
blockchain technology to distribute data using NFT
WeTransfer has partnered with Minima to use its revolutionary blockchain technology, which protects the privacy of user data, to distribute NFTs. These Non-Fungible Tokens will be able to be created d...
AT&T’s stock no longer a buy despite ‘commendable’ performance, analysts say
AT&T Inc. has its act together in wireless, but that’s already well understood by Wall Street, according to LightShed Partners analysts. After refocusing its business on connectivity in the wake o...
Top Ethereum (ETH) Scaling Firm StarkWare To Make Key Technology Open Source
Ethereum (ETH) layer-2 scaling firm Starkware is revealing its plans to open source one of its software products. The blockchain company says its Starknet Prover, which powers its scalability engine, ...
Gemini to contribute $100 million to Genesis bankruptcy recovery plan
Cameron and Tyler Winklevoss. Adam Jeffery | CNBC Crypto exchange Gemini will contribute up to $100 million in cash, earmarked for its customers, as part of an agreement with bankrupt Genesis Global C...
Buy Splunk Stock, Not Datadog, as Cloud Growth Slows, One Analyst Says
As companies tighten their budgets ahead of a potential recession, enterprise software spending is likely to slow in 2023. That has consequences for many stocks in the group. KeyBanc Capital Markets a...
What will TV be like in three years? Insiders predict future
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes ov...
Binance crypto exchange will suspend U.S. dollar transfers
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...
Institutional Traders to Opt for AI Instead of Blockchain Technology
JPMorgan’s assessment revealed that AI was preferred more than four times over blockchain and distributed ledger technology. Artificial intelligence (AI) technology may gradually be taking over the in...
Amazon dials back air cargo service as demand cools, contractor says
An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air carg...
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’ – Technology Bitcoin News
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said th...
AI Tokens Lead Crypto Market Gains As Institutional Investors Bet Big On The Technology
Ever since the launch and popularity of Open AI’s ChatGPT, AI tokens have been doing incredibly well in the market. This performance has continued despite the crypto market pullback with AI tokens rem...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...