The CEO of the largest online exchange for trading cryptocurrency, Binance, said he is establishing a recovery fund to help people in the industry, while saying the sector “will be fine.” Ben McShane / Contributor / Getty Images The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao,
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Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. On 19 February 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Pieces of the computer code used to run Twitter were leaked online, according to court filings, marking the social media site’s
ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent’s existing financial system: bitcoin. Since its inception in 2008, this unfamiliar form of money has alternatively been disdained
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into the Microsoft’s Xbox One video game console arranged in Denver, Colorado, on Wednesday, Jan. 19, 2022. Michael Ciaglo | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said it has narrowed the scope of its investigation into Microsoft’s
Sam Altman, president of Y Combinator, pauses during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images OpenAI’s ChatGPT unleashed an arms race among Silicon Valley companies and investors, sparking an A.I. investment craze that proved to be a boon for
China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Florence Lo | Reuters BEIJING — China says it would “strongly oppose” a forced sale of TikTok, making clear the government’s involvement with the social media giant that’s trying hard to distance itself from Beijing authorities. The
In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | Afp | Getty Images Cryptocurrency firm Tether estimates it will make $700 million profit
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Shares of Jack Dorsey’s Block plunged 20% after short-seller Hindenburg Research announced on Thursday that the
In this article BTC.BS=-USS BTC.CB= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. It comes after a noted investor bet that the digital currency could go to $1 million in 90 days. Chris Ratcliffe | Bloomberg | Getty Images
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dave Limp, senior vice president of devices & services for Amazon.com Inc., speaks during an unveiling event at the company’s headquarters in Seattle, Washington, on Wednesday, Sept. 25, 2019. Chloe Collyer | Bloomberg | Getty Images Since Amazon unveiled its Alexa voice assistant in 2014,
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai told employees that the success of its newly launched Bard
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images When Amazon announced just over two years ago that founder and then-CEO Jeff Bezos would turn the helm over to former cloud boss
Misalignment Museum curator Audrey Kim discusses a work at the exhibit titled “Spambots.” Kif Leswing/CNBC Audrey Kim is pretty sure a powerful robot isn’t going to harvest resources from her body to fulfill its goals. But she’s taking the possibility seriously. “On the record: I think it’s highly unlikely that AI will extract my atoms
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previously announced layoffs that began in November and extended into January. That round totaled more than
ChartHop CEO Ian White ChartHop ChartHop CEO Ian White breathed a major sigh of relief in late January after his cloud software startup raised a $20 million funding round. He’d started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. For ChartHop’s prior round in 2021,
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