In this article BTC.CM= Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Bitcoin tumbled below $25,000 late on Sunday, hitting its lowest level since December 2020, as
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In this article BTC.CB= COIN The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 20% in pre-market trading Monday. Coinbase makes a commission when
Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology. China sold nearly 21.5 million passenger cars last year. That’s roughly the equivalent of sales in
In this article AMZN Sivan Ayla, a social media creator, hosted a workshop on Amazon’s influencer program at a recent paid getaway in Mexico. Amazon Influencer Program For three days in May, more than a dozen stars of Instagram, YouTube and TikTok convened in the coastal town of Todos Santos, Mexico, where they were treated
Apple CEO Tim Cook (R) looks at a newly redesigned MacBook Air laptop during the WWDC22 at Apple Park on June 06, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. Justin Sullivan | Getty Images Apple’s new laptops announced on Monday, featuring the iPhone maker’s next-generation in-house chips,
Tim Cook speaks onstage at the TIME100 Summit 2022 at Jazz at Lincoln Center. Jemal Countess | Getty Images Entertainment | Getty Images U.S. lawmakers should advance privacy legislation currently being debated “as soon as possible,” Apple CEO Tim Cook said in a letter to Congress on Friday. Cook sent the letter a day after
In this article TSLA Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Tesla just filed its annual proxy statement with the SEC and revealed it plans a three-for-one stock split, and that board member Larry Ellison does not plan to stand for re-election. Shares
A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company
Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters The bipartisan privacy proposal that’s reignited a debate about federal protections for internet users is “unworkable,” according to a major business group. The American Data Privacy and Protection
People will be able to play Xbox Game Pass games over a cloud connection on 2022 Samsung smart TVs. Microsoft Microsoft is releasing an Xbox app for smart TVs, enabling consumers to stream Xbox video games even if they don’t own consoles. Microsoft said Thursday that it will first bring the app to Samsung’s 2022
In this article AAPL Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022. Chris Tuite | AFP | Getty Images A wholly-owned
In this article AAPL Apple Pay Later Courtesy: Apple Inc. Apple is turning into a fintech company. The company announced several new features for the iPhone’s Wallet app at its developers conference Monday that directly compete with products from other fintech companies such as Affirm and PayPal. The big one: a buy now, pay later
Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple announced the biggest iPhone software update of the year this week. The software, revealed Monday during Apple’s Worldwide Developer Conference, includes the biggest change to the look of the iPhone’s lock screen
In this article USDC.CM= The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it the last major financial services firm taking the plunge into crypto. The start-up, which competes with the likes of PayPal and Stripe, said Tuesday it
In this article AAPL Apple announced a new version of its MacBook Air on Monday at its annual developers conference, WWDC. The MacBook Air is the best-selling Apple laptop, and the new design will likely boost Mac sales in the coming quarters. In recent years, the Mac product line has been growing strongly — shipments
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Chinese ride-hailing giant Didi surged more than 50% in pre-market trade in the U.S. on Monday after the Wall Street Journal reported that regulators are concluding investigations into the company. The WSJ report said authorities would lift a ban on Didi adding
In this article AAPL Apple CEO Tim Cook will present the latest versions of Apple’s software for iPhones, iPads, Mac, Watch, and TV on Monday to kick off WWDC, Apple’s annual developer conference. The new “bits,” as attendees often call the updates, are the biggest Apple software announcement of the year and set the public
In this article AMZN AAPL GOOGL U.S. Senate Rules and Administration Committee Chair Sen. Amy Klobuchar (D-MN) presides during a Senate Rules and Administration Committee oversight hearing to examine the U.S. Capitol Police following the January 6, 2021 attack on the Capitol, one day before the anniversary of the attack in Washington, U.S., January 5,
Bitcoin offices in Istanbul, Turkey, on May 11, 2022. Umit Turhan Coskun/NurPhoto via Getty Images New York State Assemblymember Anna Kelles is tired of all the fear-mongering about the bill she wrote — and sponsored — to place a two-year moratorium on certain types of new cryptocurrency mines in the state. The fate of the
In this article AMZN Dave Clark, Amazon’s senior vice president of worldwide operations. Lindsey Wasson | Reuters Dave Clark, CEO of Amazon‘s worldwide consumer business and a top lieutenant of CEO Andy Jassy, will resign July 1, after 23 years at the company, Amazon announced in a regulatory filing Friday. Amazon did not name a
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