A few days ago news broke about a multimillion-dollar scam set up by a company known as New Financial Technology. New Financial Technology: a Bitcoin scam by an Italian company Founded in Silea, Trev...
Tag: Technology
Ethereum PoS Upgrade Is a Celebration of Technology, Not a Price Call, Says ETH Community Manager
– Advertisement – Ethereum merge is not a price pump call but a “goal to celebrate milestones together.” Superhiz.eth, the beacon manager of the Ethereum community, has warned users that...
‘Forget the past three years’
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the marke...
Ether (ETH) price surges after ethereum completes final testnet merge
So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance. Jakub Porzycki | NurPhoto | Getty Images Ether soared to a...
Rivian Earnings Are Today. Production Is What Really Matters.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive is expected to report second-quarter numbers after the marke...
Plug Power Misses Estimates. But Analysts Lift Price Targets on Climate Bill Catalysts.
Text size Photo courtesy of Plug Power Plug Power shares rose sharply Wednesday despite the fuel-cell company reporting second-quarter revenue that missed estimates. Analysts said they expect Plug Pow...
New Technology Brings New Opportunities: U.S.-China Business Forum
Zhonglu Group Vice Chairman George Wang George Wang Technology advances are bringing new ways for U.S. and China businesses to try to work together at a time of geopolitical tension, Zhonglu Group Vic...
Hackers have stolen $1.4 billion this year using crypto bridges
Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...
Disney lowers 2024 forecast for Disney+ subscribers by 15 million
An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef ...
FCC denies SpaceX Starlink for nearly $1 billion broadband subsidies
A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX The Federal Communications Commission on Wednesday denied SpaceX’s bid for nearly $1 billion in subsidies to ...
Ford CEO doesn’t expect electric vehicle battery costs to drop soon
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...
Chipotle would rather be loved by customers than feared by competitors
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., some...
Nikola CEO Mark Russell to retire at the end of the year
Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Gr...
Invisible College and Nas Academy Revamp Online Education Through Web3 Technology
Advertisement     Educating the mainstream on web3 and its broader intricacies remains the #1 priority in the blockchain industry. Nas Academy and Invisible College ac...
Plug Power stock dips after earnings hit by fuel pressure
Shares of Plug Power Inc. dipped in after-hours trading Tuesday after the hydrogen fuel-cell company fell shy of expectations with its latest revenue and earnings. The company recorded a second-quarte...
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...
Micron and Nvidia: Buy or Sell After Bearish Updates?
Yesterday it was Nvidia (NVDA) – Get NVIDIA Corporation Report and today it’s Micron (MU) – Get Micron Technology Inc. Report. Both chipmakers are moving lower on Tuesday following beari...
Cathie Wood Watch: Buys Nvidia, Output Platform; Sells DraftKings
Cathie Wood, chief executive of Ark Investment Management, bought and sold familiar stocks Monday, including a sports gambling company and a top semiconductor maker. All valuations below are as of Mon...
Northrop Grumman moves rocket work from Russia, Ukraine with Firefly
Northrop Grumman’s Antares rocket lifts off from NASA’s Wallops Flight Facility in Virginia on Aug. 10, 2021 carrying a Cygnus spacecraft with cargo for the International Space Station. Te...
Micron Technology just made two big announcements
Micron Technology Inc (NASDAQ: MU) blamed “waning demand” and lowered its outlook for the current financial quarter on Tuesday. Shares are down 5.0% at the time of writing. Micron expects a bigger hit...
Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the com...
Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.
Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...
Apple Card growth, vendors blamed for mishaps in Goldman card business
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When it was unveiled in 2019,...