Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even
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In this article AMZN In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudêncio | SOPA Images | Lightrocket | Getty Images Amazon is shutting down its telehealth service, Amazon Care, marking a major retreat by the retail behemoth in its efforts
In this article AAPL Apple’s September event invite. Apple Apple just announced it will hold a press event on Sept. 7 at 1 p.m. ET where it’s expected to announce new iPhones. The launch event will be streamed on Apple’s website. Apple has held virtual pre-recorded launch events since the start of the Covid pandemic
Brent Lewin | Bloomberg via Getty Images About a year ago, online retailer Packable was preparing to go public through a special purpose acquisition company. With the SPAC market having evaporated and the economy now sputtering, Packable is laying off staff and preparing to liquidate, according to internal documents reviewed by CNBC. Packable is the
In this article TWTR Peiter Zatko, who is also known as Mudge poses for a portrait on Monday August 22, 2022 in Washington, DC. Matt McClain | The Washington Post | Getty Images A Twitter whistleblower is alleging “extreme, egregious deficiencies by Twitter” related to privacy, security and content moderation, according to complaints filed with
In this article AAPL An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Xiaolang Zhang, a former Apple employee who was accused of stealing computer files with trade secrets about Apple’s secretive car division, pleaded guilty in federal court
In this article AAPL Apple expands Self Service Repair to Mac notebooks. Apple Apple is expanding its Self Service Repair program to include some of its laptops, which means you’ll be able to do some repairs yourself. Users with MacBook models that have M1 chips, which include both MacBook Air and MacBook Pro, will be
In this article BABA 700-HK Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Chinese tech giants Alibaba
In this article TSLA Tesla founder Elon Musk was practically apologetic on his company’s earnings call for hiking prices to meet higher costs. Sean Zanni | Patrick Mcmullan | Getty Images Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX rode the crypto craze to a billion dollars in revenue last year while
In this article GOOGL TSLA Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the
As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block. Boston-based Tomorrow.io already boasts clients
In this article BTC.CM= Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading. Bitcoin plunged from $22,738 to below $21,352.13 at 2:13 p.m. ET, according to CoinDesk data. Earlier in the morning, the cryptocurrency fluctuated between $21,500 and $22,000.
In this article BTC.CM= ETH.CM= Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Since finding a bottom in mid-June, ether has massively outperformed bitcoin as investors
In this article GOOGL A Google employee marches towards City Hall during the Global Climate Strike in Seattle, Washington, on Friday, Sept. 20, 2019. Thousands of workers at Microsoft Corp. and Amazon.com Inc. walked out without their bosses blessings to protest rising global temperatures. Chloe Collyer | Bloomberg | Getty Images Bambi Okugawa is a
In this article 700-HK Tencent runs the ubiquitous Chinese messaging app WeChat. The company has a short form video feature with in the app and has began to monetize that through video ads in the feed. Tencent said such ads could become a “substantial” source of revenue in the future. Budrul Chukrut | Sopa Images
Michael Moro, chief executive officer of Genesis, pauses as he speaks during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. Marco Bello | Reuters Digital asset brokerage Genesis said on Wednesday that CEO Michael Moro is stepping down and the company is slashing 20% of its workforce, the latest casualties as the
In this article AAPL Meta Apple and Facebook parent Meta are expected to release mixed reality headsets in the coming year that could finally fulfill the industry’s promise to turn head-worn devices into the next big shift in personal computing. But there’s one major potential snag: sticker shock. The best-selling virtual reality headset, the Meta
Amazon.com Inc. packages sit in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images In its latest effort to contend with soaring inflation, Amazon is planning to raise fulfillment fees during the holiday season, passing off some of its increased costs to the millions of merchants who
In this article VYGR Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty Images During a five-hour Chapter 11 bankruptcy hearing earlier this month for crypto firm Voyager Digital, a customer
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