Home / Technology (page 6)

Technology

FTC tracking developments at Twitter after key exec departures

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images The Federal Trade Commission is closely watching Twitter’s moves under new owner Elon Musk, a spokesperson said in a …

Read More »

Amazon introduces robotic arm that can do repetitive warehouse tasks

Amazon on Thursday unveiled a new robotic arm that can sort and lift packages in warehouses. Amazon Amazon on Thursday showed off a new robot that could one day assist warehouse workers with some of the more tedious aspects of the job. The company unveiled “Sparrow,” a robotic arm that …

Read More »

Tech stocks rocket higher after CPI shows inflation easing

A trade inside Nasdaq Marketsite in New York City. Getty Images Tech stocks rocketed higher Thursday after the consumer price index showed signs of easing inflation. Stocks in the cloud computing, e-commerce and payments sectors showed particular strength, but the rally lifted nearly every tech company significantly. Shares of game …

Read More »

Apple will take years to diversify from China factories: Counterpoint

A display of iPhone 14 smartphones at the Apple Inc. Regent Street store in London, UK. Bloomberg | Bloomberg | Getty Images Apple will take years to diversify from its Chinese factories, even as the country presses on with its zero Covid policy which is hurting iPhone production, according to …

Read More »

Elon Musk brainstorms plans for how payments could work on Twitter

A video grab taken from a video posted on the Twitter account of billionaire Tesla chief Elon Musk on October 26, 2022 shows himself carrying a sink as he enters the Twitter headquarters in San Francisco. Elon Musk changed his Twitter profile to “Chief Twit” and posted video of himself …

Read More »

The companies that have cut jobs this year

Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt to a new reality. Days after Twitter’s new boss …

Read More »

Binance CEO says he didn’t ‘master plan’ FTX collapse

Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022. Ben Mcshane | Sportsfile | Getty Images Binance CEO Changpeng Zhao said on Wednesday that he “did not master plan” the collapse of rival crypto exchange FTX. In an email to employees that he made public, Zhao said …

Read More »

Lionel Messi takes stake in NFT fantasy soccer game Sorare

Soccer star Lionel Messi has joined NFT trading platform Sorare as an investor and brand ambassador. Sorare Soccer star Lionel Messi is joining Sorare, the French nonfungible token trading game, as an investor and brand ambassador. The Argentinian, who plays as a forward for French club Paris Saint-Germain, will help …

Read More »

Elon Musk sells at least $3.95 billion worth of Tesla shares

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images Elon Musk has sold at least another $3.95 billion worth of shares in his electric car company Tesla after …

Read More »

Bitcoin mining in Lebanon earns this 22-year-old $20,000 a month

Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh. Ahmad Abu Daher It takes a lot to keep a grassroots cryptocurrency mining business up and running in Lebanon. Ahmad Abu Daher says he and his team of more than 40 Lebanese and Syrian employees are …

Read More »