Technology

Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Yui Mok  | Pa Images | Getty Images Twitter owner and CEO Elon Musk is searching for a new chief executive of the company, sources told CNBC’s David Faber. Musk, who acquired the company for $44 billion in

Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly on August 16, 2022 in Seoul, South Korea. Pool | Getty Images News | Getty Images The idea of becoming a grandparent is emotional for Bill Gates to even write about. “I started looking at the world through a new lens recently—when my

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Sen. Elizabeth Warren (D-MA) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters

The collapse of FTX, once a $32 billion crypto exchange, has shattered investor confidence in cryptocurrencies. Market players are trying to gauge the extent of damage it has caused — and how it will reshape the industry in the years to come. Sam Bankman-Fried, FTX’s former boss who stepped down on Nov. 11, was arrested

FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022.  Mario Duncanson | AFP | Getty Images FTX founder and former CEO Sam Bankman-Fried will no longer contest extradition to the U.S., an about-face just days after he was remanded

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marlena Sloss | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff told employees in a Slack message on Friday that the company’s newest hires aren’t being productive enough, and he asked for feedback as to why that’s the case. “Are we not building tribal knowledge

Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn’t fading. Binance’s native token, BNB, has fallen 15% in the

Accounting firm Mazars Group has suspended all work with its crypto clients. The decision to cut ties with Binance, KuCoin and Crypto.com comes just after the global accounting firm released “proof of reserve” reports for several digital asset exchanges. The move comes as major cryptocurrency exchanges look to prove their solvency, and show they have enough money

STR | Nurphoto | Getty Images The European Union on Friday threatened tech billionaire Elon Musk with sanctions after Twitter removed several journalists that report on him and the social media company. Vera Jourova, the European Commission’s vice president for values and transparency, said in a tweet that news of the “arbitrary suspension of journalists

In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $3.60 per share, adjusted, vs. $3.50 per

In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox were down 16% on Thursday after the gaming company

In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to a financial filing out Wednesday night. The transactions took place between Monday and Wednesday this week

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter has suspended the account dedicated to tracking the location of billionaire Elon Musk’s private jet. The account, @ElonJet, was run by Florida college student Jack Sweeney and had amassed more than half a million followers.

A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight risk, and said he should be remanded to Bahamian custody until February 8, 2023, hours after a U.S. federal criminal indictment against Bankman-Fried alleging a massive fraud at FTX was unsealed in New York City. Bankman-Fried was

A federal indictment was unsealed Tuesday alleging widespread fraud by FTX co-founder Sam Bankman-Fried, a day after the fallen crypto exchange operator was arrested in the Bahamas in connection with the charges. The indictment in U.S. District Court in Manhattan charges Bankman-Fried with eight criminal counts: conspiracy to commit wire fraud and securities fraud, individual

CEO Sam Bankman-Fried Bloomberg | Bloomberg | Getty Images FTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the