Pollution in developing countries has adverse health impacts on the countries’ low-income demographic. According to a World Bank report, poor air quality leads to cardiovascular and respiratory diseas...
Tag: Technology
Cisco’s Earnings Are Today. What to Expect.
Cisco Systems could report a sharp falloff in orders when the networking giant reports October quarter earnings after the close of trading on Wednesday, but its huge backlog should help drive solid fi...
Amazon Begins Mass Job Cuts
Amazon (AMZN) – Get Free Report, the e-commerce giant, began Tuesday to carry out massive job cuts to respond to the economic slowdown likely to turn into a recession in the coming months. The...
Anthony Scaramucci, Former Trump Ally, Lost Money in FTX Collapse
The abrupt implosion of the cryptocurrency exchange FTX, valued at $32 billion in February, resonated like an earthquake in the crypto industry and business circles. Overnight, many retail and institu...
FTX Collapse About to Claim First Huge Victim: BlockFi
The first big victim of the unexpected collapse of the FTX cryptocurrency exchange has now emerged. It’s cryptocurrency lender BlockFi, which was bailed out last summer by FTX and its founder a...
Fallen FTX Reveals Top Creditors on Friday
Insolvent cryptocurrency exchange FTX could have as many as one million investors who are seeking to recoup their losses. The Bahamian-based brokerage filed for bankruptcy after facing massive liquidi...
Lucid reveals lower-cost Air electric luxury sedans
Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Ph...
Breakthroughs In Whole Home Automation Technology
| Getty Images Key Takeaways The Matter protocol involves creating a more streamlined communication pathway for smart home devices. Many major players in the smart home device space are on board with ...
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surpr...
Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malici...
FTX says could have over 1 million creditors in new bankruptcy filing
FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonatha...
Tech leaders reckon with higher interest rates, down rounds and layoffs
Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech ...
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Fallen FTX Founder Cheated to Make More Money on His Platform
The founder of crypto exchange FTX Sam Bankman-Fried allegedly bought crypto tokens before they were listed on the platform, according to a Wall Street Journal article. FTX’s trading firm, Alame...
Cathie Wood’s Shocking Purchase of an Old-School Stock
Celebrity money manager Cathie Wood, chief executive of Ark Investment Management, focuses on young technology companies that she views as disruptors. But on Friday, she purchased shares of a company ...
Matt Damon Crypto.com’s Coin Is in Free Fall
Days after the FTX debacle, all eyes are now on rival Crypto.com. Investors worried about the magnitude of the consequences caused by this shock wonder if there are not other corpses in the drawers of...
The Impact Collective Adds New Technology and Fundraising Features to its NFT Marketplace
La Jolla Playhouse Partnered with The Impact Collective to Provide a Digital Collectible to Donors for its Annual Innovation Night SAN DIEGO–(BUSINESS WIRE)–#DigitalArt—The Impact Collective announced...
AST SpaceMobile deploys BlueWalker 3 satellite antenna
A view from onboard the satellite, captured after deploying the 693-square foot array. AST SpaceMobile Satellite-to-smartphone connectivity venture AST SpaceMobile announced Monday that the wide anten...
Binance CEO sees slight increase in withdrawals after FTX collapse
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...
Binance CEO tweets regret at not shorting FTX token
The chief executive of Binance said he regretted not betting against the token tied to the failed FTX cryptocurrency exchange. Changpeng Zhao, the co-founder and CEO of Binance who is known by initial...
Crypto.com CEO says will prove naysayers wrong amid FTX contagion fears
Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday t...
Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to their strong domestic presence amid new U.S. legislation. Deutsche Bank analyst Corinne Blanchard initiated cov...