Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images Federal prosecutors are attempting to bar indicted FTX co-founder Sam Bankman-Fried from using encrypted messaging software, citing efforts that may
Technology
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Brendan McDermid | Reuters Amazon will start charging delivery fees for Fresh grocery orders that are less than $150, in a move it said will help keep prices low on its services. Beginning Feb. 28, Prime members who want home delivery from Amazon Fresh will
U.S. House Republican leader Kevin McCarthy (R-CA) talks to reporters as he arrives on the first day of the new Congress at the U.S. Capitol in Washington, January 3, 2023. Evelyn Hockstein | Reuters Twitter CEO Elon Musk discussed how to make the social media site “fair on all sides” in a meeting with House
In this article TSLA RIVN Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022. Carina Johansen | AFP | Getty Images Tesla shares surged 33% this week, marking their best weekly performance since May
In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images The Department of Justice’s latest challenge to Google’s tech empire is an ambitious swing at the company with the potential to rearrange the
In this article WISE-GB Follow your favorite stocksCREATE FREE ACCOUNT The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has been accused by a rival fintech company of undermining competition in the money transfer market. Atlantic Money, a smaller foreign exchange service, made this allegation
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022. Jonathan Ernst | Reuters Intel’s December
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. Carina Johansen | NTB | via Reuters Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 5% after hours after
In this article META Follow your favorite stocksCREATE FREE ACCOUNT An image of President Donald Trump appears on video screens before his speech to supporters from the Ellipse at the White House in Washington on Wednesday, Jan. 6, 2021, as the Congress prepares to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc.
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella leaves the Elysee Palace after a meeting with the French President Emmanuel Macron in Paris on May 23, 2018. Aurelien Morissard | IP3 | Getty Images Microsoft executives on Tuesday told analysts to expect a continuation of the weak pace of
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft issued a disappointing revenue forecast for the current quarter in its earnings call on Tuesday, causing a reverse in the stock price after the shares initially rallied on better-than-expected earnings for the December quarter. The technology company saw a dropoff in business at the
In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT Daniel Ek, CEO of Swedish music streaming service Spotify. Toru Yamanaka | AFP | Getty Images Spotify announced Monday it’s cutting 6% of its global workforce as the music streaming company contends with a gloomy economic environment that has seen consumers and advertisers alike limit
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI. Microsoft declined to provide a specific dollar amount, but
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google employees are scrambling for answers from leadership and from colleagues as the company undergoes a massive layoff. On Friday, Alphabet-owned Google announced it was cutting 12,000 employees, roughly 6% of the full-time workforce. While employees had been bracing for a potential layoff,
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians outside Twitter headquarters in San Francisco on Oct. 6, 2022. David Paul | Bloomberg | Getty Images Twitter’s full-time headcount has dwindled to approximately 1,300 active, working employees, including fewer than 550 full-time engineers by title, according to internal records viewed by CNBC. Around
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Alex Spiro, attorney to Elon Musk, center, departs court in San Francisco, California, US, on Tuesday, Jan. 17, 2023. Benjamin Fanjoy | Bloomberg | Getty Images Tesla CEO Elon Musk appeared in a San Francisco federal court on Friday to defend tweets he posted to his
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood
In this article GOOGL TWTR MSFT META AMZN CRM Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters is seen in Mountain View, California, United States on September 26, 2022. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Tech companies have laid off tens of thousands of workers
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid fears of an oncoming recession. Sundar Pichai, the CEO of Google and parent company Alphabet, said in an email sent to
In this article USDC.CM= ETHE GBTC GEL Follow your favorite stocksCREATE FREE ACCOUNT Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX
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