Square CEO Jack Dorsey said late on Friday the company might jump into the bitcoin mining business. Dorsey tweeted that the company is considering a “bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.” The price of bitcoin rose above $62,000 following Dorsey’s string of tweets, as the world’s
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Elizabeth Holmes (L), founder and former CEO of Theranos, leaves the courthouse with her husband Billy Evans after the first day of her fraud trial in San Jose on Sept. 8, 2021. Nick Otto | AFP | Getty Images ]SAN JOSE, CALIF. — Daniel Edlin, a former Theranos project manager who was friends with Elizabeth
In this article BTC.CM= Bitcoin on display. Chesnot | Getty Images Bitcoin climbed Friday to hit a five-month high, and was inches away from hitting $60,000. The world’s biggest cryptocurrency surged as high as $59,920, notching its highest level since May. 10. But it struggled to break above the $60,000 mark. Bitcoin was last trading
Recent data from LinkedIn shows the skills that are most in-demand as the labor market attempts to slowly regain its footing after the steep decline caused by Covid-19. Aytac Unal | Anadolu Agency | Getty Images Microsoft announced Thursday it will shut down its local version of LinkedIn in China. LinkedIn was the last major
In this article FB Olivier Douliery | AFP | Getty Images LONDON — A second Facebook whistleblower has agreed to testify in U.K. Parliament. Sophie Zhang, a former data scientist at Facebook, says she was fired by the company after highlighting its alleged failure to combat election interference in Honduras and various other countries. At
Minister for Communications and the Arts Paul Fletcher addresses media in the Press Gallery at Parliament House on June 23, 2021 in Canberra, Australia. Sam Mooy | Getty Images Australia is preparing for another showdown with Big Tech — this time over abusive, defamatory posts published on their platforms. Communications Minister Paul Fletcher told CNBC
British Prime Minister Boris Johnson (L) is shown around by The Hut Group founder and CEO Matthew Moulding (R) during a visit to a fulfillment center in Warrington, in north-west England on December 10, 2019. BEN STANSALL | POOL | AFP via Getty Images LONDON — British e-commerce company THG has said it knows of
In this article AAPL Tim Cook opens the Apple Event on Sept. 14th, 2021. Source: Apple Inc. Apple announced Tuesday it plans to hold a launch event on Oct. 18, where the company could announce new MacBook laptops and AirPods headphones. The event was revealed in invites to media and a tweet from Apple’s senior
Whether it’s a sportsperson trying to outdo their rival on the playing field or a tech giant attempting to develop the latest cellphone and dominate the market, competition and going it alone can drive innovation and success. When it comes to the environment and climate change, however, things are different. As COP26 nears, calls for
In this article FB Marc Andreessen speaking at the 2017 ReCode Conference on May 30, 2017. Asa Mathat for Vox Media Two of Facebook’s top engineers on its blockchain and digital currency project left the company to join Andreessen Horowitz’s crypto team, the venture capital firm told CNBC on Monday. Riyaz Faizullabhoy and Nassim Eddequiouaq
Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up Xpeng
In this still image from video provided by the NFL, NFL Commissioner Roger Goodell speaks from his home in Bronxville, New York during the first round of the 2020 NFL Draft on April 23, 2020. (Photo by NFL via Getty Images) Photo by NFL via Getty Images At last month’s Communacopia conference held by Goldman
Zoom In IconArrows pointing outwards Foundry USA A war is brewing among states to attract bitcoin miners, and new data shows that a whole lot of them are headed to New York, Kentucky, Georgia, and Texas. Within the U.S., 19.9% of bitcoin’s hashrate – that is, the collective computing power of miners – is in
In this article FB A person using Instagram. Lorenzo Di Cola | NurPhoto via Getty Images Lakinya Francis is building a LinkedIn account, Haley Sanchez is expanding her email list and Michael Elefante plans to build out his website. “We get so fixated on what’s working and that’s fine but we need to have a
Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Katie Schoolov Thrasio, the top U.S. aggregator of Amazon third-party sellers, was racing to the public markets to fuel its rapid expansion. But the company
Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple filed a notice of appeal in the Epic Games case and is asking for a stay on the injunction that lets developers add in-app links
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
In this article TSLA A man drives his Tesla car as the Starship SN8 of SpaceX is seen behind, days before a test launch of the company’s new super heavy-lift Starship rocket from their facilities in this small town of Boca Chita, Texas, December 4, 2020. Gene Blevins | Reuters Tesla is moving its headquarters
Hungarian-born US investor and philanthropist George Soros delivers a speech on the sideline of the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. Fabrice Coffrini | AFP | Getty Images Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed that it
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday announced its decision to sell its MoPub mobile advertising network to mobile game developer
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