reported a third-quarter profit of 211 billion New Taiwan dollars ($6.69 billion) on Thursday as weak demand for consumer electronics persists. Even though it was the largest profit decline since the first quarter of 2019, the world's larg...

The company is planning to be operational with its MiCA license from "day one," Nana Murugesan, Coinbase's vice president of international, told CNBC in an interview earlier this week. MiCA is the EU's attempt at introducing a pan-European...

on Thursday said it would cut up to 14,000 jobs as part of a cost reduction plan following a plunge in third-quarter earnings. The Finnish telecommunications giant said that it will reduce its cost base and increase operation efficiency to...

Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of Mexico, for an undisclosed sum to help the firm expand its Latin America footprint. The company, which competes with the...

Crypto firms defrauded more than 230,000 investors out of a collective $1.1 billion, New York state prosecutors said in a . They cited a series of missteps, including failure to adequately manage the risk associated with exposure to Sam Ban...

A Trump-supporting social media influencer was sentenced to for conspiring to suppress the votes of possibly thousands of people who supported former Secretary of State Hillary Clinton in the 2016 presidential election. Douglass Mackey, who...

Facebook parent company and Chinese-owned social media app TikTok have both been given a deadline of Oct. 25 by the European Commission to share information on their response to the Israel-Hamas war, which has seen misinformation in the dig...

Two years ago, during the height of , Discord was , more than doubling in a matter of months. The following year, tech stocks suffered their since the 2008 financial crisis, leading high-valued private companies to slash their valuations al...

Net neutrality is poised for a resurgence after the Federal Communications Commission voted Thursday to begin the process of reestablishing the so-called open internet rules. The vote revives a debate that last came to a head in 2017 when t...

Shares of closed down 9% Thursday, a day after the electric automaker released that on top and bottom lines. Tesla revenue of $23.35 billion and earnings of 66 cents per share, adjusted, both of which fell short of the estimates Wall Street...

Digital freight broker Convoy told employees Thursday that it's shutting down operations due to a "massive freight recession." The move comes just one week after supply chain software startup Flexport . Seattle-based Convoy was founded to d...

The Federal Communications Commission on Thursday agreed to open a band of spectrum for some devices in a move that could help pave the way for new applications of augmented and virtual reality wearables. The agency unanimously voted to ope...

Much of the government's case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after the and sister hedge fund Alameda Research. Of the dozens of...

Analysts are bullish on Chinese tech giant 's latest version of its generative artificial intelligence model, Ernie 4.0, but investors did not react positively to the development. "We came away positively following the announcement of sever...

Chip equipment firm reported a year-on-year rise in profit in the third quarter and beat analyst estimates, but forecast 2024 revenue will be flat. ASML is one of the most important semiconductor firms in the world, producing tools known as...