After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%. Energy usage has been one of the cryptocurrency industry’s biggest targets for critique. But
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Level Home Apple stores in the U.S. are now selling an exterior door lock that can be unlocked by a user’s Apple Watch or iPhone. The $329 Level Lock+ is the first Home Key-supported lock that’s been sold in Apple stores. When the Level Lock+,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of industrial design, Evans Hankey, is leaving the company, Apple confirmed to CNBC on Friday. Hankey took
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg | Bloomberg | Getty Images Global supply chain woes have eased ahead of the holiday season, according to Flexport founder and co-CEO Ryan Petersen. Ports are
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead. In a tweet posted Tuesday evening, the
Whon Namkoong, co-chief executive officer of Kakao Corp., speaks during a news conference in in Pangyo, South Korea, on Wednesday, Oct. 19, 2022. Namkoong resigned after a widespread outage took out Koreas most popular messaging and social media service. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A top executive at Kakao Corp.,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The new iPad Apple Apple announced new versions of its iPad Pros, a totally redesigned regular iPad and an updated version of the Apple TV 4K on Tuesday. The launches give Apple more new gadgets to sell ahead of the important holiday shopping season. The
Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images A Microsoft spokesperson on Monday confirmed that the company let go of additional workers as the software maker’s revenue is expected to slow, thanks
In this article AAPL META Follow your favorite stocksCREATE FREE ACCOUNT How to unsend an iMessage in iOS 16 Todd Haselton | CNBC Meta is targeting Apple‘s iMessage in a new advertisement that ratchets up the rivalry between the two companies. On Monday, Meta CEO Mark Zuckerberg posted a picture of an ad in New
KakaoTalk and other services of Kakao Corp. faced a major outage after a fire broke out at a data center in the outskirts of the country’s capital, Seoul (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of South Korea’s top messaging app plunged Monday after a
In this article DIS UPS Follow your favorite stocksCREATE FREE ACCOUNT Research isn’t exact, but recent polling shows that as many as half of Americans under the age of 40 have a tattoo, and that has implications for the job market. Hinterhaus Productions | Stone | Getty Images The growing battle to attract and retain
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Horizon Worlds, Meta‘s flagship metaverse for consumers, is failing to meet internal performance expectations, according to The Wall Street Journal, which reviewed internal company documents. Meta initially aimed to reach 500,000 monthly active users in Horizon Worlds by the end of the year, but the
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon’s Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year. Bloomberg |
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images Crypto billionaire Sam Bankman-Fried is backing down from a previous comment suggesting he could spend $1 billion
Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern
Full frame sun, Climate change, Heatwave hot sun, Global warming from the sun and burning Chuchart Duangdaw | Moment | Getty Images The White House is coordinating a five-year research plan to study ways of modifying the amount of sunlight that reaches the earth to temper the effects of global warming, a process sometimes called
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