<b>NY AG sues crypto firms for alleged $1 billion fraud</b>
NY AG sues crypto firms for alleged $1 billion fraud
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...
2023-10-20 10:34:57
Man sentenced to prison for tweeting to suppress votes for Trump
Man sentenced to prison for tweeting to suppress votes for Trump
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...
2023-10-20 10:34:49
<b>Israel-Hamas: EU gives Meta, TikTok six days to provide information</b>
Israel-Hamas: EU gives Meta, TikTok six days to provide information
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...
2023-10-20 10:34:44
<b>Discord expands online marketplace to justify $15 billion valuation</b>
Discord expands online marketplace to justify $15 billion valuation
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...
2023-10-20 10:34:38
FCC votes to begin process of reestablishing net neutrality rules
FCC votes to begin process of reestablishing net neutrality rules
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...
2023-10-20 10:34:32
Tesla shares plummet 9% after Elon Musk sounds cautionary note, downplays Cybertruck
Tesla shares plummet 9% after Elon Musk sounds cautionary note, downplays Cybertruck
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...
2023-10-20 10:34:26
<b>Bezos-backed freight firm Convoy shuts down. Read CEO memo here</b>
Bezos-backed freight firm Convoy shuts down. Read CEO memo here
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...
2023-10-20 10:34:20
Meta, Apple, Google cheer FCC ruling that could spur new VR, AR apps
Meta, Apple, Google cheer FCC ruling that could spur new VR, AR apps
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...
2023-10-20 10:34:15
<b>Read the secret Signal messages that could help put SBF behind bars</b>
Read the secret Signal messages that could help put SBF behind bars
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...
2023-10-20 10:34:09
<b>Baidu's Ernie 4.0 fails to wow investors; Citi, Jefferies keep buy ratings</b>
Baidu's Ernie 4.0 fails to wow investors; Citi, Jefferies keep buy ratings
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...
2023-10-19 09:23:28
ASML earnings report Q3 2023
ASML earnings report Q3 2023
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...
2023-10-19 09:23:22
<b>Apple supplier Foxconn to focus on specialty tech not cutting-edge chips</b>
Apple supplier Foxconn to focus on specialty tech not cutting-edge chips
iPhone supplier , officially known as Hon Hai, said its semiconductor strategy is to focus on producing "specialty chips" — not competing in cutting-edge chips. "We do not chase [after] the most advanced technology. Hon Hai will not compe...
2023-10-19 09:23:16
Top Apple analyst says MacBook demand has fallen 'significantly'
Top Apple analyst says MacBook demand has fallen 'significantly'
Top analyst Ming-Chi Kuo that shipments for the company's MacBook computers will decline around 30% year over year, to 17 million units, during 2023. He said demand for the new 15-inch MacBook Air has slipped "significantly" in the wake of...
2023-10-19 09:23:11
X, formerly Twitter, tests charging new users $1 to tweet, retweet
X, formerly Twitter, tests charging new users $1 to tweet, retweet
X, formerly Twitter, will begin a test that charges new users $1 annually in order to "post interact with other posts," the company said in a recent post. The social media platform said Tuesday evening the move is part of its efforts to com...
2023-10-19 09:23:05
Amazon begins delivering medications by drone in Texas
Amazon begins delivering medications by drone in Texas
Pharmacy customers located in College Station, Texas, can now have their prescription medications delivered by drone, the in a blog post Wednesday. Eligible customers can access more than 500 medications, including treatments for common con...
2023-10-19 09:22:55