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Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse

Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse

The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday reportedly said it plans...

Apple's mixed-reality headset could be announced as soon as this spring, top analyst says

Technology2 years ago

Apple’s mixed-reality headset could be announced as soon as this spring, top analyst says

Attendees wait for the start of the Apple World Wide Developers Conference David Paul Morris | Bloomberg | Getty Images Apple‘s long-awaited mixed reality headset could...

Which states will build the most EV batteries in 2030?

Technology2 years ago

Which states will build the most EV batteries in 2030?

Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National...

New York AG accuses Celsius ex-CEO of defrauding crypto investors

Technology2 years ago

New York AG accuses Celsius ex-CEO of defrauding crypto investors

Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022....

Here's how much top tech jobs in California pay, according to job ads

Technology2 years ago

Here’s how much top tech jobs in California pay, according to job ads

Steve Proehl | Corbis Unreleased | Getty Images A new law that went into effect this week requires most California employers to disclose salaries on job...

Crypto lender Genesis Trading lays off 30% of workforce

Technology2 years ago

Crypto lender Genesis Trading lays off 30% of workforce

Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Genesis Trading, the embattled crypto lending arm of Barry Silbert’s Digital Currency Group,...

Stitch Fix CEO steps down, 20% of salaried workforce to be cut

Technology2 years ago

Stitch Fix CEO steps down, 20% of salaried workforce to be cut

Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of...

Delta plans to offer free Wi-Fi starting Feb. 1

Technology2 years ago

Delta plans to offer free Wi-Fi starting Feb. 1

The passenger cabin on a Delta Boeing 737-900ER is shown while landing in Salt Lake City, Utah. Mike Blake | Reuters Delta Air Lines will offer...

Tech jobs hit the hardest by layoffs last year: Report

Technology2 years ago

Tech jobs hit the hardest by layoffs last year: Report

Peopleimages.com | Getty Images The technology industry led job cuts in 2022, totaling more than 97,000 announced across the sector, according to a report released Thursday...

Amazon's Alexa will soon help EV drivers find a charger

Technology2 years ago

Amazon’s Alexa will soon help EV drivers find a charger

Alexa for EV charging Source: Amazon Amazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle drivers’ biggest worries: finding...

Silvergate Capital tanks nearly 40% after crypto bank discloses massive Q4 withdrawals

Technology2 years ago

Silvergate Capital tanks nearly 40% after crypto bank discloses massive Q4 withdrawals

Pavlo Gonchar | Lightrocket | Getty Images Shares of Silvergate Capital sank nearly 40% on Thursday after the crypto-focused bank released preliminary fourth-quarter results that showed...

Amazon says it will cut over 18,000 jobs, more than initially planned

Technology2 years ago

Amazon says it will cut over 18,000 jobs, more than initially planned

Andy Jassy, CEO of Amazon Web Services. CNBC Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said...

Microsoft drops after UBS analysts warn of weakness in the cloud

Technology2 years ago

Microsoft drops after UBS analysts warn of weakness in the cloud

A sign for Microsoft Corp. at the company’s office in the central business district of Lisbon, Portugal, on Tuesday, Dec. 27, 2022. Zed Jameson | Bloomberg...

Coinbase settles with New York state financial regulator for 0 million, stock spikes

Technology2 years ago

Coinbase settles with New York state financial regulator for $100 million, stock spikes

Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase...

Meta fined over 0 million by top EU regulator for forcing users to accept targeted ads

Technology2 years ago

Meta fined over $400 million by top EU regulator for forcing users to accept targeted ads

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul...

Salesforce is cutting 10% of its personnel, more than 7,000 employees

Technology2 years ago

Salesforce is cutting 10% of its personnel, more than 7,000 employees

Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Salesforce is...

China risks overhang U.S. tech giants Tesla and Apple as share prices plunge

Technology2 years ago

China risks overhang U.S. tech giants Tesla and Apple as share prices plunge

Apple and Tesla are facing major headwinds in China which is contributing to investor jitters around the two U.S. technology giants. Tesla shares tanked 12% on...

Ant gets approval to expand its consumer finance business

Technology2 years ago

Ant gets approval to expand its consumer finance business

Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images BEIJING — Ant...

Why John Deere is looking for a satellite partner

Technology2 years ago

Why John Deere is looking for a satellite partner

Drones, robotics technology, and now satellites. John Deere’s Chief Technology Officer Jahmy Hindman told CNBC the world’s largest agriculture equipment player is in the process of...

Regulators warn U.S. banks on crypto risks including 'fraud and scams’ after FTX collapse

Technology2 years ago

Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to...

News IO

Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse

Apple’s mixed-reality headset could be announced as soon as this spring, top analyst says

Which states will build the most EV batteries in 2030?

New York AG accuses Celsius ex-CEO of defrauding crypto investors

Here’s how much top tech jobs in California pay, according to job ads

Crypto lender Genesis Trading lays off 30% of workforce

Stitch Fix CEO steps down, 20% of salaried workforce to be cut

Delta plans to offer free Wi-Fi starting Feb. 1

Tech jobs hit the hardest by layoffs last year: Report

Amazon’s Alexa will soon help EV drivers find a charger

Silvergate Capital tanks nearly 40% after crypto bank discloses massive Q4 withdrawals

Amazon says it will cut over 18,000 jobs, more than initially planned

Microsoft drops after UBS analysts warn of weakness in the cloud

Coinbase settles with New York state financial regulator for $100 million, stock spikes

Meta fined over $400 million by top EU regulator for forcing users to accept targeted ads

Salesforce is cutting 10% of its personnel, more than 7,000 employees

China risks overhang U.S. tech giants Tesla and Apple as share prices plunge

Ant gets approval to expand its consumer finance business

Why John Deere is looking for a satellite partner

Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse

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