Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
Tag: Technology
Ford Starts Its Biggest Bet Against Tesla, GM
Ford’s road (F) to future popular and stock market success rests on a big gamble in the form of a gigantic factory near Memphis Tennessee. The blue oval brand has set itself the ambition of p...
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
Alphabet (GOOGL) , the parent company of Google, wants to avoid unpleasant surprises. The firm is convinced that a sharp slowdown in growth will have an impact on advertising revenues, its main sour...
Kleks Academy Transforms the Cinema Industry via NFT Technology
A collection of unique multi-D NFTs, which double as tickets to the Kleks Academy universe, will be available to purchase in the early bird pre-sale on September 27th, the September 28th presale, and ...
Coinbase Sued Again for $350 Million Over Patented Crypto Transfer Technology
Coinbase – the largest cryptocurrency exchange in the United States – has been slapped with another multi-million dollar lawsuit. The company has been accused of patent infringement through several o...
Volumental’s FitTech Technology Makes Ill-Fitting Shoes A Thing Of The Past
A consumer scanning her feet using Volumental’s FitTech technology. Courtesy of Volumental Volumental is out to modernize the experience of buying footwear by helping customers find their exact ...
Trump merger partner Digital World falls to about $16 after hitting $97 in early 2022
The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of D...
Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
Turn its debt into a new cryptocurrency
Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company...
This Technology Is Massively Impacting Retail Stores
This technology will see what people can’t. getty If you haven’t been to an Amazon go store, it’s a convenience store with a big difference. Before you enter the first time, you regi...
U.S. approves Kigali Amendment to curb climate-warming chemicals
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to the media after the 51-50 vote passed the “Inflation Reduction Act of 2022” on Capitol Hill in Washington, D.C., U.S. August 7, 2...
Bitcoin Could Hit $500,000 in Next Decade, Says MicroStrategy’s Michael Saylor
Text size Bitcoin prices have plunged this year. Yuri Cortez/AFP/Getty Images Bitcoin could reclaim its November 2021 all-time high by 2026 and surge even higher if its valuation fundamentals change, ...
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance – News Bitcoin News
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the pos...
Chains.com integrates Fireblocks technology to fortify users’ digital assets against cyber threats
Chains.com taps Fireblocks’ battle-tested security solutions to provide protection against cyberattacks while maintaining regulatory compliance Tel Aviv, September 2022 – Chains.com, a developer of a ...
FTX in talks to raise $1 billion at valuation of about $32 billion
Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE – Children With Special Needs at Casa Cipriani on June 23, 2022 in New York City. Craig Barritt | Getty I...
Chip Stocks Marvell and Broadcom Can Outperform, Says J.P. Morgan
Text size Dreamstime J.P. Morgan believes two chip stocks can do well even as growth prospects for the cloud market softens. On Wednesday, semiconductor analyst Harlan Sur told investors the weaker ec...
If Microsoft Stock Support Fails, Here’s When to Buy
The recent stock performance has been a tough pill for Microsoft (MSFT) bulls to swallow. Just a few months ago, Alphabet (GOOGL) (GOOG) , Microsoft and Apple (AAPL) were the relative strength ...
The Lekki Free Zone is Set to Collaborate with Gluwa on Blockchain Technology
Advertisement     The Lekki Free Zone Development Company (LFZ) is in discussions with Gluwa, a blockchain technology company, as part of an effort to increase its eco...
Micron forecast expected to shed light on how two years of unprecedented supply problems may resolve
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disrupti...