In this article BZFD BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images BuzzFeed fell 39% in its first week of trading, closing
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Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Bitcoin mining has totally recovered from the Chinese crypto crackdown that took more than half the world’s miners offline virtually overnight earlier this year. The recovery is measured by looking at hashrate, a term used to describe the
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16: Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Oracle chairman of the board and chief technology officer Larry Ellison kicked off the 2019 Oracle OpenWorld with a keynote address.
In this article TSLA Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Elon Musk is continuing to offload Tesla stock. The tech billionaire sold 934,091 Tesla shares, according to financial filings with the
In this article GOOGL Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018. David Paul Morris | Bloomberg | Getty Images Google executives are acknowledging employee concerns about rising inflation, but say they have no plans to respond with
In this article UBER AMZN A driver uses the Uber app to drop off a passenger in London. Chris J. Ratcliffe | Bloomberg via Getty Images Legislators in Europe have proposed tough new rules for gig economy companies such as Uber and Amazon-backed Deliveroo. The proposals — published Thursday by the European Commission, the executive
Elizabeth Holmes, founder of Theranos Inc., leaves federal court in San Jose, California, on Wednesday, Dec. 8, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — In her final effort to try and sway the jury in her criminal fraud trial, Theranos founder Elizabeth Holmes blasted ex-boyfriend Ramesh “Sunny” Balwani, her
In this article MMAT A worker picks up trash in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images Meta, formerly Facebook, has announced it will fully reopen its U.S. offices on Jan. 31,
In this article AMZN Attendees at an Amazon.com annual cloud computing conference Salvador Rodriguez | Reuters Amazon‘s cloud-computing unit on Tuesday was hit with an outage that took down some websites and services. A notice on Amazon Web Services’ status page said it was experiencing problems with certain APIs and the AWS Management Console. The
In this article INTC Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Intel has announced that it plans to list Mobileye, the Israeli autonomous driving firm it acquired for $15.3 billion in 2017 as part of an effort
In this article TSLA Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3
SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group shares fell by more than 8% Monday as the value of its portfolio companies continued to slide. The Japanese tech giant’s share price fell from 5201
Kacper Pempel | Reuters Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the
U.S. Senator Ted Cruz (R-TX) addresses a news conference on Capitol Hill in Washington, October 6, 2021. Evelyn Hockstein | Reuters AUSTIN, TEXAS – The Texas power grid is struggling with fluctuating energy prices and sporadic service, but the state’s growing bitcoin mining community believes it can help fix it. Republican Sen. Ted Cruz agrees.
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the
In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that