The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sel...
Tag: Technology
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stocks are off to a weaker start as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that th...
‘Phishing-as-a-service’ kits drive uptick in theft: One business owner’s story
Cody Mullenaux and his family. Mullenaux was the victim of a sophisticated wire fraud scheme that has resulted in $120,000 being stolen Courtesy: Cody Mullenaux Banks have spent enormous amounts on cy...
Why UK cybersecurity firm Darktrace is under attack from short sellers
Darktrace, one of the U.K.’s largest cybersecurity companies, was founded in 2013 by a group of former intelligence experts and mathematicians. Omar Marques | SOPA Images | LightRocket via Getty...
Millennial sold first company for 6 figures at 21. Here are his tips
When Kevin Kim dropped out of college at 21 to become an entrepreneur, it seemed like a huge gamble. “My mum cried a little,” Kim, now 33, said with a laugh. But his confidence was not u...
Dell to cut 6,650 jobs, report says
Dell Technologies will join the ranks of technology companies slashing jobs as the computer maker will shed 6,650 positions, according to a published report on Monday. Citing a company spokesman after...
Huawei turns to patents for a lifeline — including those in the U.S.
Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant Huawei is turning to p...
StarkWare open-sources prover technology for Ethereum Layer 2 network
Ethereum scaling project StarkWare has open-sourced the StarkNet Prover in an effort to make the technology publicly available and increase the transparency of its code. The prover is a crucial ...
Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says
“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...
China’s Baidu Plans a ChatGPT Rival. The Internet Giant’s Stock Could Reap the Returns.
Talk about buying the rumor. Baidu China’s leading internet search provider, let it be known on Jan. 30 that it will launch a so-called chatbot powered by artificial intelligence, akin to the ChatGPT ...
Inside Relativity Space’s monster factory 3D-printing reusable rockets
The exterior of “The Wormhole” factory. Relativity Space LONG BEACH, California – It was a few days into the new year yet Relativity Space’s factory was anything but quiet, a din of ...
How end of Netflix password sharing will change the way families watch
Nurphoto | Nurphoto | Getty Images Is sharing a Netflix password cybercrime? It will soon become, mostly, a thing of the past if the world’s largest streaming service has its way. After experime...
How Zelle is different from Venmo, PayPal and CashApp
More than half of smartphone users in the U.S. are sending money via some sort of peer-to-peer payment service to send money to friends, family and businesses. Stocks of payment services like PayPal, ...
‘Patience will be rewarded.’ Here’s why Wall Street is not panicked over Amazon’s earnings slump.
Amazon.com Inc.’s worst annual loss ever was triggering a gentle gallop toward the exits among investors on Friday, but Wall Street analysts were stoic, urging patience on the long-term value offered ...
Ford sold most of its Rivian stake last year
RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownersh...
Intel CEO Pat Gelsinger and CFO David Zinsner Buy Up Stock
Two of Intel ‘s top executives just bought up shares of the chip maker on the open market after the company issued disappointing guidance. They’ve done it before. Intel (ticker: INTC) CEO Pat Gelsinge...
Tesla, General Motors get boost from EV SUV tax credit change
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT –...
Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers
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Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
Tronic House to Host Three-Day Big Game Weekend Celebration of Technology, Community, Sports, Music, Food, Wellness & Good Vibes at Hotel Valley Ho in Scottsdale, Arizona, Feb. 10-12
Lil Wayne’s Young Money APAA Sports Agency Hosts Exclusive Friday Night Kickoff Party With Sounds Curated by DJ Meel and Special Performances by Young Money Artists Allan Cubas & Drizzy P + Surpri...
Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March – Technology Bitcoin News
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...