Bitcoin has been licking its wounds from two-year lows in the wake of crypto exchange FTX’s bankruptcy this month. Sentiment may be cautiously improving in the digital-asset world, but investors on Wa...
Tag: Technology
Oil-Based Companies Are Using Blockchain Technology, But Why?
Technological computing and storage capabilities have allowed highly detailed information on oil and gas wells to be collected, managed, and shared. Buy and sell bitcoin at competitive market rates wi...
$740 million in crypto assets recovered so far in FTX bankruptcy
NEW YORK — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the potentia...
George Soros Backs Elon Musk, Tesla
Elon Musk has spoken a lot less about Tesla (TSLA) – Get Free Report in recent months. Very busy finalizing the acquisition of Twitter for $44 billion, and finding new sources of revenue for th...
Google looks to shed 10,000 ‘poor performing’ workers: report
Another major tech titan is bracing for thousands of layoffs. Alphabet Inc.’s GOOGL, +1.45% GOOG, +1.53% Google is considering 10,000 layoffs — or 6% of its worldwide workforce — based on a ranking sy...
Disney CEO Bob Iger to hold town hall with employees on Monday
Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to em...
CentralMargins.com Review: Get the best technology and tools – CentralMargins Review
CentralMargins is successful because it consistently puts the client first. They are transparent and personalized, two qualities that set them apart from other financial service providers. Their busin...
Amazon to spend $1 billion on theatrical releases, boosting cinema stocks
Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters...
Opinion: Fidelity sticks with bitcoin 401(k) offerings despite crypto turmoil — but why?
I have to hand it to Fidelity. For their nerves of steel, at least. The company that runs America’s biggest 401(k) platform is sticking with its plans to offer bitcoin in retirement plans. This is des...
NYC robotic parking systems cost luxury residents $300,000 per space
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parkin...
Sequoia’s Doug Leone says today’s downturn is worse than 2000 and 2008
Sequoia Capital Global Managing Partner Doug Leone speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California. Steve Jennings | Getty...
FTX Collapse: ‘Emperor’ Bankman-Fried Had No Clothes
A face of the regime of Sam Bankman-Fried, the founder of FTX, was revealed on November 22 during the firm’s first hearing in Delaware bankruptcy court. The 30-year-old former trader was virtua...
FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation
The FTX debacle is reverberating through the crypto industry and finance in general. The collapse of this crypto exchange, which in February was valued at $32 billion, shocked everyone. FTX filed for...
Opinion: These five technology stocks give investors more reward for their risk
Earnings season for the technology sector is just about over. It’s been a mixed bag. Slower economic growth and higher interest rates put a damper on revenue. Some of the biggest names in tech have co...
The Clear Cut’s Newest Technology Disrupting The Diamond World
Olivia Landau, CEO and co-founder of Clear Cut. Clear Cut Since launching in 2018, The Clear Cut has experienced 136% YOY average volume growth with over one million dollars in diamond revenue per mon...
Cathie Wood Watch: Ark CEO Goes Gonzo for Coinbase
Celebrity money manager Cathie Wood has talked the talk in support of cryptocurrencies for quite some time, predicting in January that bitcoin will hit $1 million by 2030. She continues to walk the wa...
Disney is counting on Iger to make hard choices about TV, streaming
Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Dr...
Bank of America Quick to Defend Blockchain Technology after FTX Collapse
Join Our Telegram channel to stay up to date on breaking news coverage The collapse of FTX has reduced the confidence of investors in cryptocurrencies. However, the Bank of America (BofA) believes tha...
Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
In this photo illustration, a bitcoin logo seen displayed on a smartphone with a FTX logo on the background. Avishek Das | Lightrocket | Getty Images FTX’s vast web of entities had a total of a...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
Bitcoin tumbles to fresh lows as Genesis denies imminent bankruptcy
Bitcoin briefly tumbled to its lowest level in two years on Monday after Bloomberg News reported that Genesis, the digital-asset brokerage and lender, has told investors it could be forced to file for...
Rout of Carvana, the ‘Amazon of Used Cars,’ Has No End
Concerns are mounting around Carvana, the “Amazon of used cars.” The company was an investor darling during the pandemic. They hailed the new economy that wanted consumers to buy everythi...
Top Disney exec Kareem Daniel to leave as Bob Iger returns
Kareem Daniel, the chairman of Walt Disney Co.’s vast media and entertainment distribution segment, is leaving the company as part of an organizational reshuffling that comes a day after Robert Iger r...
Disney’s decision to replace Chapek with Iger makes everyone look bad
Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as CEO may be the right one for the company’s future. But the process to get to this cho...
I got laid off by a big tech company. What’s my next career move?
Being let go from a job is hard, especially at a moment when the cost of living is rising and a recession is looming. This Thanksgiving, tens of thousands of recently laid-off tech workers will be ask...