Bitcoin virtual crypto currency price is displayed on a phone screen in this photo. STR | NurPhoto | Getty Images Bitcoin’s price roared back Wednesday after a sharp sell-off, climbing above $50,000 again as Square announced it had purchased $170 million worth of the cryptocurrency. At 4 a.m. ET, the world’s most valuable digital coin
Technology
Apple CEO, Tim Cook waves as he opens the door of the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. (Photo by Kena Betancur / AFP) (Photo credit should read KENA BETANCUR/AFP via Getty Images) KENA BETANCUR | AFP | Getty Images Apple shareholders on Tuesday voted to
The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Audio streaming service Spotify is planning to almost double its geographic footprint and launch into 85 more countries, adding 36 languages to its platform in the process. The Swedish firm announced the international expansion on Tuesday at a livestreaming event that
Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Shares of Tesla closed down 8.55% on Monday, as investors betting on a pandemic comeback rotated out Big Tech and piled into cyclical stocks. It’s
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, analyst
The Google campus in Mountain View includes over 20 dining options that encourage a communal experience with group tables. Brooks Kraft LLC | Corbis | Getty Images In 2017, Lauren Clayton joined the inaugural class of Howard West, Google‘s on-campus immersion program for Black college students. She became a star scholar whose big smile would
Tim Cook (left) and Steve Jobs in 2010. Kimberly White | Getty Images In 2007, Apple unveiled the iPhone. Apple didn’t invent the smartphone — companies like Palm and Blackberry had been selling them for years. But the iPhone introduced a totally new way to interact with computers. The always-on internet connectivity, finger-friendly touch screen, and
New York Giants wide receiver Sterling Shepard (87) catches a pass in front of Pittsburgh Steelers strong safety Terrell Edmunds (34) and linebacker Devin Bush (55) during the first half at MetLife Stadium. Vincent Carchietta | USA TODAY Sports The National Football League wants to charge its current network partners double what they’ve been paying
Australia Prime Minister Scott Morrison. David Mariuz | Pool | Getty Images Facebook users in Australia are slowly coming to terms with the fact that they’ll no longer be able to get their daily news updates on the platform. In a snap decision announced Wednesday, the social media giant said it was no longer going
A United Parcel Service Inc. (UPS) driver delivers boxes in New York, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty Images U.S. e-commerce sales in 2020 grew more than 30% from 2019, according to quarterly figures released by the U.S. Department of Commerce on Friday, as the coronavirus pandemic and nationwide lockdowns
A person using the Uber app in London. Peter Summers | Getty Images LONDON — Uber’s troubles in the U.K. aren’t over, despite winning back its license to operate London. The ride-hailing firm is awaiting a major ruling from the country’s top court on whether its drivers should be classified as employees rather than independent
CNBC | Todd Haselton Amazon gadgets like the Echo save a copy of everything you ask Alexa. That means there’s a whole collection of voice recordings logged for every request or command you’ve given Amazon’s voice assistant. Amazon says that Alexa only begins recording when it thinks you’ve said the wake word (the default is
Steve Huffman CEO, Reddit, delivers remarks on ‘Redesigning Reddit’ during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | Getty Images Reddit CEO Steve Huffman will tell members of Congress on Thursday that no significant activity on the company’s online community WallStreetBets last
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook on Wednesday announced that
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes. Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%. The 49-year-old
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon has bought Selz, a company that makes tools to help businesses launch their own online stores. Amazon quietly acquired the e-commerce platform on