Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
Tag: Technology
Jim Cramer Picks a Side on Debate Over Elon Musk’s Infamous Tweet
Tesla CEO Elon Musk’s infamous tweet on Aug. 7, 2018, cost him and his company a combined $40 million and forced Musk to temporarily step down as chairman of the electric vehicle company in a se...
Micron Technology, Inc (MU) Stock Price Prediction : MU stock price formed Triple bottom reversal pattern
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Crypto exchange Gemini lays off 10% of workforce
Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will r...
Bankman-Fried Said He Had $100,000 Left. Government Seized $700 Million.
Federal prosecutors continue to build their case against Sam Bankman-Fried. The former crypto king on Nov, 11 had to file for bankruptcy after two of his star firms, FTX and Alameda Research, were un...
Small-cap companies are going after naked short sellers in growing numbers: ‘It’s the biggest risk to the health of today’s public markets’
A growing number of small-cap companies are announcing plans to go after naked short sellers, claiming their stocks are being artificially depressed by illegal trading activity. Verb Technology Co. In...
Verb Technology joins Genius Group and Helbiz in going after naked short sellers
Verb Technology Co. Inc. VERB, +76.69%, a provider of interactive video-based sales apps, has become the latest small-cap company to announce plans to address naked short selling of its stock, among s...
Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin – Technology Bitcoin News
Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented ...
Jeff Ubben’s Inclusive Capital takes stake in Salesforce as more activists target the software giant
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben’s Inclusive Capital has taken a posi...
Bitcoin 2023 rally gathers steam as cryptocurrency tops $23,000
Bitcoin had a tough 2022. Now investors are looking toward 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photothek | Getty Images Bitcoin rose further over the weekend, as tr...
Salesforce Stock Leaps As Elliott Management Builds Activist Stake
Updated at 6:10 am EST Salesforce (CRM) – Get Free Report shares were marked firmly higher Monday following reports that activist investor Elliott Management has taken a stake in the world̵...
Salesforce, Abbott, Spotify, and More Stock Market Movers
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Stocks Mixed, Tech Earnings, Salesforce, AMD-5 Things To Know
Five things you need to know before the market opens on Monday January 23: 1. — Stock Futures Mixed As Market Eyes Tech, Dollar Slides U.S. equity futures traded mixed Monday, while the dollar e...
Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks to Watch This Week
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CEOs Say HR Is Central To Business Success: 5 Critical Shifts
HR will be central to success in the future of work. getty This is arguably the most challenging time—ever—to be in HR. It’s also the very best. With so many business issues driven by people, talent a...
Bitcoin soars past $23,000 to highest since last September
Bitcoin BTCUSD, +0.59% soared past $23,000 on Saturday, its highest level since September, as the crypto currency market recovered some ground in early 2023. The rally came despite news on Thursday th...
Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks for Investors to Watch This Week
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Capital One Job Cuts Signal Trouble for IT Labor Market
IT positions have largely been seen as insulated from the job cuts that have hit workers at major technology firms like Alphabet Inc. and Microsoft Corp., but the Capital One layoffs affecting 1,100 e...
Netflix Planning to Crack Down on Common Trick Subscribers Use
The password is…no! Netflix (NFLX) – Get Free Report said it is planning to step up its crackdown on password sharing, which has cost the streaming service provider billions in revenue ea...
What’s ahead for Verizon? After a dismal 2022, it’s time to hear the turnaround plan.
Verizon Communications Inc.’s fourth-quarter results aren’t a big mystery, but the company’s path forward comes with plenty of question marks. Chief Executive Hans Vestberg already disclosed that Veri...
“Technology Didn’t Commit Fraud,” Says Circle CEO Jeremy Allaire
“Technology didn’t commit fraud, but firms and people did.” comments Circle CEO. Singapore’s Tharman calls the crypto market “inherently speculative” and “slightly crazy.” ECB’s Villeroy analyzes the ...
House prices slumped by 10% in San Francisco, Redfin says — and prices are also falling in these cities
Even as mortgage rates come off of recent highs, buyer demand remains constrained. And that’s affecting home-list prices, according to a new report. The report by Redfin RDFN, +8.45%, which tracked ho...
FTX Collapse Claims Big Victim: Genesis Goes Bankrupt
Another renowned crypto firm is down. The fall of Sam Bankman-Fried’s crypto empire continues to wreak havoc on the cryptocurrency industry. Crypto lender Genesis Global Holdco LLC filed for b...
Byju’s plans to end sponsorship of Indian cricket team jersey, as it puts profitability on cards for 2024
Indian education technology start-up Byju’s will not renew its jersey sponsorship deal with India’s cricket team, the company’s co-founder Divya Gokulnath, told CNBC. In a wide-rangi...