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FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with million in misappropriated funds

FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds

Indicted FTX founder Sam Bankman-Fried exits United States Court in New York City, June 15, 2023. Mike Segar | Reuters Sam Bankman-Fried, co-founder of failed crypto...

Why Tesla investors should care about Elon Musk's multiplying ventures

Technology2 years ago

Why Tesla investors should care about Elon Musk’s multiplying ventures

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk‘s multiple ventures...

TSMC reports first profit drop in 4 years as electronics demand slump continues

Technology2 years ago

TSMC reports first profit drop in 4 years as electronics demand slump continues

A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh...

India's smartphone shipments stabilize after three quarters of decline, report shows

Technology2 years ago

India’s smartphone shipments stabilize after three quarters of decline, report shows

A man takes a photo with a Samsung phone with multiple cameras in Old Delhi, India on Oct. 28, 2022. Nasir Kachroo | NurPhoto | Getty...

A new foldable smartphone is becoming as popular as an Apple iPhone model in China

Technology2 years ago

A new foldable smartphone is becoming as popular as an Apple iPhone model in China

Honor released its Magic V2 foldable on July 12, 2023, starting with the China market. Honor BEIJING — On Chinese e-commerce site JD.com’s “hot sales” smartphone...

Apple supplier TSMC delays start of Arizona chip factory

Technology2 years ago

Apple supplier TSMC delays start of Arizona chip factory

Workers at TSMC Semiconductor Manufacturing Facility in Phoenix, Arizona, on December 6, 2022. Brendan Smialowski | AFP | Getty Images Taiwan Semiconductor Manufacturing Company will delay...

Tesla shares down on slimming margins, Cybertruck concerns

Technology2 years ago

Tesla shares down on slimming margins, Cybertruck concerns

Tesla CEO Elon Musk and design leader Franz von Holzhausen show their latest Cybertruck design at a factory grand opening in Austin, Texas. Source: Tesla Shares...

How Samsung and Texas Instruments made the Lone Star State the hub of U.S. chip manufacturing

Technology2 years ago

How Samsung and Texas Instruments made the Lone Star State the hub of U.S. chip manufacturing

On a 1,200-acre plot of land in a small town 30 miles north of Austin, Texas, South Korean giant Samsung is spending $17 billion to build...

Amazon to launch pay-by-palm technology at all Whole Foods stores by year-end

Technology2 years ago

Amazon to launch pay-by-palm technology at all Whole Foods stores by year-end

Amazon is bringing its palm-scanning payment system to a Whole Foods store in Seattle, the first of many planned future locations to roll out the technology....

Tesla books record revenue of .9 billion with margin declining after price cuts

Technology2 years ago

Tesla books record revenue of $24.9 billion with margin declining after price cuts

Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte...

Netflix subscriptions jump 8%, revenue climbs as password sharing crackdown takes hold

Technology2 years ago

Netflix subscriptions jump 8%, revenue climbs as password sharing crackdown takes hold

Sopa Images | Lightrocket | Getty Images Netflix said Wednesday that its quarterly revenue and subscriptions rose, as efforts to curb password sharing took hold. Earnings:...

IBM reports earnings beat, but misses on revenue

Technology2 years ago

IBM reports earnings beat, but misses on revenue

IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth |...

House committee takes aim at U.S. venture capital firms for investments in Chinese A.I.

Technology2 years ago

House committee takes aim at U.S. venture capital firms for investments in Chinese A.I.

The House Select Committee on the Chinese Communist Party sent letters to four separate U.S. venture capital firms, including Qualcomm’s venture arm, expressing “serious concern” about...

These stocks stand to gain from Biden's historic climate bill, according to BofA

Technology2 years ago

These stocks stand to gain from Biden’s historic climate bill, according to BofA

President Joe Biden signs the Inflation Reduction Act of 2022 at the White House on Aug. 16, 2022. Mandel Ngan | Afp | Getty Images President...

Nasdaq pauses crypto custody plans citing the 'shifting' regulatory climate

Technology2 years ago

Nasdaq pauses crypto custody plans citing the ‘shifting’ regulatory climate

Michael Nagle | Bloomberg | Getty Images Nasdaq is pausing its plans to release a crypto custody business, CEO Adena Friedman said on the company’s earnings...

Apple stock pops on report it's developing its own equivalent of ChatGPT

Technology2 years ago

Apple stock pops on report it’s developing its own equivalent of ChatGPT

CEO of Apple Tim Cook arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 11, 2023....

Microsoft and Activision agree to extend billion deal deadline in wait for UK approval

Technology2 years ago

Microsoft and Activision agree to extend $69 billion deal deadline in wait for UK approval

Microsoft and Activision Blizzard on Wednesday agreed to extend the deadline for their merger agreement until Oct. 18, Activision said in a statement Wednesday. The two...

FTC and DOJ lay out new rules for merger review to reflect a digital economy

Technology2 years ago

FTC and DOJ lay out new rules for merger review to reflect a digital economy

The Federal Trade Commission and the Department of Justice Antitrust Division announced on Wednesday new long-awaited guidelines on how they will enforce merger law. The new...

Ukrainian-founded Duolingo rival Preply banks million to push into A.I.

Technology2 years ago

Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.

Preply co-founders Preply Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence,...

Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit

Technology2 years ago

Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have...

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FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds

Why Tesla investors should care about Elon Musk’s multiplying ventures

TSMC reports first profit drop in 4 years as electronics demand slump continues

India’s smartphone shipments stabilize after three quarters of decline, report shows

A new foldable smartphone is becoming as popular as an Apple iPhone model in China

Apple supplier TSMC delays start of Arizona chip factory

Tesla shares down on slimming margins, Cybertruck concerns

How Samsung and Texas Instruments made the Lone Star State the hub of U.S. chip manufacturing

Amazon to launch pay-by-palm technology at all Whole Foods stores by year-end

Tesla books record revenue of $24.9 billion with margin declining after price cuts

Netflix subscriptions jump 8%, revenue climbs as password sharing crackdown takes hold

IBM reports earnings beat, but misses on revenue

House committee takes aim at U.S. venture capital firms for investments in Chinese A.I.

These stocks stand to gain from Biden’s historic climate bill, according to BofA

Nasdaq pauses crypto custody plans citing the ‘shifting’ regulatory climate

Apple stock pops on report it’s developing its own equivalent of ChatGPT

Microsoft and Activision agree to extend $69 billion deal deadline in wait for UK approval

FTC and DOJ lay out new rules for merger review to reflect a digital economy

Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.

Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit

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