U.S. stocks gave up early gains to finish lower on Monday, after Bloomberg reported that Apple Inc. plans to slow hiring and spending growth in some divisions next year in anticipation of a potential ...
Tag: Technology
Nikola still lacks votes for stock-issue plan opposed by founder Trevor Milton
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
CATL Might Bring Battery Capacity to America With Mexico Plant, Report Says.
Text size Contemporary Amperex Technology is the largest and most valuable battery maker. Qilai Shen/Bloomberg The electric-vehicle battery giant Contemporary Amperex Technology might be readying its ...
UK fintech Starling withdraws European bank license application
Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British digital bank Starling is ending its bid to obtain a European banking license, dealing a significant ...
Crypto exchange Binance fined by Dutch central bank
The logo of cryptocurrency exchange Binance displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket via Getty Images Binance, the world̵...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Private-sector payrolls exceeded prepandemic levels in June, taking just over two years to close a 21 million job gap that was created in the spring of 2020 and reshaping the labor market in the proce...
The pandemic snacking and drinking habits that are here to stay
People visit the M&M store in Times Square on July in New York City. Spencer Platt | Getty Images The Covid-19 pandemic significantly changed consumer behavior from where they shopped to what they...
Australian central bank governor favors private sector crypto technology
Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation. Lowe commented at a recent G20 ...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...
Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock.
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says
Blockchain technology has the capability of revolutionizing government structures from the whelms of archaic processes to modern ones, according to Cardano founder Charles Hoskinson. Speaking on Yaho...
Vertical Aerospace Stock Soars. American Airlines Provides Cash for eVTOL Maker.
Text size There are many new players vying for eVTOL market share, including Vertical Aerospace. Courtesy Vertical Aerospace Vertical Aerospace , the eVTOL maker, secured some expected funding from Am...
How blockchain technology is used to save the environment
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments a...
EquiLend Taps Blockchain Technology for Securities Reconciliation Solution – crypto.news
EquiLend has announced that it’s developing 1Source, a distributed ledger technology (DLT) based system that will eliminate all the pain points in the securities finance industry, according to an anno...
Elon Musk Warns U.S. and EU of New Energy War
Elon Musk completely disrupted the automotive industry. With Tesla (TSLA) – Get Tesla Inc. Report, the manufacturer of premium electric vehicles, the richest man in the world has caused a real ...
Chip Stock Earnings Estimates Still Look Way Too High, Goldman Analyst Warns
Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19 – Technology Bitcoin News
In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was ...
Amazon’s Earnings Outlook Could Be Better Than Feared, Analyst Says
Text size Amazon workers pull a cart of packages for delivery in New York City. Michael M. Santiago/Getty Images Amazon . com will report second-quarter earnings two weeks from now, and the Street is ...
Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity
Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...
Huobi Technology filed an application for trading licence with SFC Hong Kong –
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Disney raises price of ESPN+ 43% to $9.99 per month beginning Aug. 23
ESPN Mike Windle | ESPN | Getty Images Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. Th...
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...
Google’s stock split won’t matter in a recession, analyst says
Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect. The...