It could become the basis for a much more private, user-controlled online identity than the Facebook and Google tools we rely on now. | Continue reading
(Bloomberg) -- An unremitting shipping logjam in the waters outside of Los Angeles has already contributed to higher costs, delays and intermittent goods shortages across the U.S. Now, it could be to blame for California’s biggest oil spill in 27 years.Most Read from BloombergLef … | Continue reading
(Bloomberg) -- Mark Zuckerberg’s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline.Most Read from Bl … | Continue reading
Find the latest Facebook, Inc. (FB) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading
Tether and Bitfinex, the affiliated crypto exchange, have grabbed a win in a significant market manipulation lawsuit. The case has been ongoing for two years, and it finally concluded. | Continue reading
The company has been investing aggressively in ramping up production of its electric vehicles, including its upscale all-electric R1T pickup truck which was launched last month beating out competition from more established rivals, such as Tesla Inc, General Motors and Ford. Rivi … | Continue reading
Unauthorized third parties exploited a flaw in the company's SMS account recovery process to gain access to the accounts, and transfer funds to crypto wallets not associated with Coinbase, the company said. "We immediately fixed the flaw and have worked with these customers to r … | Continue reading
Despite what it says, Facebook's controversial Instagram or kids is meant to keep young users locked into the company's ecosystem for years to come. | Continue reading
(Bloomberg) -- Data analytics startup Amplitude Inc. was assigned a reference price of $35 a share by Nasdaq as it prepares for its trading debut in a direct listing.Most Read from BloombergHow Los Angeles Became the City of DingbatsThe Country That Makes Breakfast for the World … | Continue reading
Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut early as the economic toll of the squeeze mounted. China is in the grip of a power cr … | Continue reading
(Bloomberg) -- Blizzard Entertainment Inc. is losing the executive in charge of one of the video game developer’s biggest upcoming titles, marking another departure of senior staff while the company is grappling with a California lawsuit for sexual harassment and discrimination a … | Continue reading
A new study from the Massachusetts Institute of Technology lends credence to the idea that the FSD system, which despite its name is not actually an autonomous system but rather an advanced driver assist system (ADAS), may not actually be that safe. Researchers studying glance d … | Continue reading
(Bloomberg) -- The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate. The share of people who think now is a good time to buy a home fell in September to 29%, extending the plunge from March when the proport … | Continue reading
Almost one third of all working age men in America aren’t doing diddly-squat. They don’t have a job and they aren’t looking for one either. How do they live? What are they doing for money? To me, this is one of the great mysteries of our time. | Continue reading
Documents and interviews reveal that coding school Make School depended on a high-risk business model and questionable tactics that ultimately led to trouble for everyone involved. | Continue reading
In a new interview, artificial intelligence expert Kai Fu-Lee attributed the rise of wealth inequality in part to the tech boom in recent decades, predicting that the trend will worsen in coming years with the continued emergence of AI. | Continue reading
(Bloomberg) -- After beating back its highest-profile challenge to date from organized labor in the U.S., Amazon.com Inc. is now confronting a concerted union campaign in Canada, where labor laws are much friendlier to unions. Affiliates of the Teamsters union are attempting to o … | Continue reading
Sir Clive Sinclair, who created the pocket calculator and one of the best-known early home PCs, has died at 81. | Continue reading
Twitter's creator platform Super Follows is off to an inauspicious start, having contributed to somewhere around $6,000 in U.S. iOS revenue in the first two weeks the feature has been live, according to app intelligence data provided by Sensor Tower. A small portion of that reve … | Continue reading
(Bloomberg) -- Chinese authorities have told major lenders to China Evergrande Group not to expect interest payments due next week on bank loans, according to people familiar with the matter, taking the cash-strapped developer a step closer to one of the nation’s biggest debt res … | Continue reading
Chat platform Discord has raised $500 million in a new funding round led by investment firm Dragoneer Investment Group, a company spokesperson said on Wednesday. The deal values the company at about $15 billion, Bloomberg News https://www.bloomberg.com/news/articles/2021-09-15/ch … | Continue reading
(Bloomberg) -- The U.S. Securities and Exchange Commission awarded $110 million to a tipster whose information resulted in enforcement actions, bringing total payments under the agency’s whistle-blower program to more than $1 billion. The tipster’s award, the second-largest ever, … | Continue reading
A line of 60 uniformed security guards stretched across the entrance to ailing Chinese property giant Evergrande’s gleaming Shenzhen tower on Monday as dozens of angry investors demanded answers – and their money – from the company. | Continue reading
Amazon.com Inc hiked its average starting wage to $18 per hour on Tuesday and said it plans to hire more than 125,000 warehouse and transportation workers in the United States. Amazon was among the first few retailers to set a $15 an hour minimum wage in 2018. Amazon had said i … | Continue reading
(Bloomberg) -- China Evergrande Group is facing mounting protests by homebuyers, retail investors and even its own employees, raising the stakes for authorities in Beijing as they try to prevent the property giant’s debt crisis from sparking social unrest.Police descended on Ever … | Continue reading
(Bloomberg) -- Days before Christmas in 2015, Juniper Networks Inc. alerted users that it had been breached. In a brief statement, the company said it had discovered “unauthorized code” in one of its network security products, allowing hackers to decipher encrypted communications … | Continue reading
Amazon.com Inc is planning to launch its Amazon-branded TV in the United States as soon as October, Business Insider reported on Thursday. The launch, involving teams from Amazon Devices and Lab126, has been in the works for almost two years, the report https://bit.ly/3t9bzrZ sai … | Continue reading
(Bloomberg) -- U.S. antitrust officials are preparing a second monopoly lawsuit against Alphabet Inc.’s Google over the company’s digital advertising business, according to a person familiar with the matter, stepping up the government’s claims that Google is abusing its dominance … | Continue reading
(Bloomberg) -- Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers.The company is advising its delivery partners -- the mom and pops that operate the ubiquitous blue Amazon vans -- to prominently advertise that they don’t s … | Continue reading
PHOENIX, September 01, 2021--Progressive tech startup, Cyber Dive, has announced the first fully functional smartphone for children integrated with unlimited parental monitoring functionality, the Aqua One. Every action taken on the child’s Aqua One device including their text me … | Continue reading
South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases. It is the first such curb by a … | Continue reading
Microsoft is increasing how much it spends on cybersecurity capabilities and giving as much as $150 million in services to federal, state, and local governments. | Continue reading
Homebuyers across the country enclose love letters with their offers but concern is growing that these very personal pitches violate fair housing laws | Continue reading
(Bloomberg) -- Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars.The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies and possibly Bitcoin … | Continue reading
(Bloomberg) -- Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars.The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies and possibly Bitcoin … | Continue reading
OnlyFans has announced that it will ban sexually explicit content starting in October. The platform was not built specifically for porn but that has grown to be its most popular and visible use case, but pressure from "banking partners and payout providers" means the company wil … | Continue reading
(Bloomberg) -- It looks like the opposite of corporate raiding, the antithesis of asset stripping.Yes, KKR & Co. made a roughly $4 billion profit from its eight-year investment in manufacturer Ingersoll Rand, which it exited this month. But in a new twist for the private-equity f … | Continue reading
Larry Dean Harmon, the CEO of darknet bitcoin mixing service Helix, pled guilty Wednesday in D.C. District Court. | Continue reading
The cryptocurrency platform Poly Network, the target of $610 million heist, has offered the hacker a chief security advisor position. What Happened: Poly Network said that it is offering the hacker a position of security advisor with a bounty of $500,000 and is referring to them … | Continue reading
(Bloomberg) -- The billionaires who blasted into space in recent weeks did so with style. Blue Origin’s Jeff Bezos sported a cowboy hat after landing and Richard Branson wore a blue Virgin Galactic jumpsuit he’d called “sexy.”To some of the world’s leading experts in space-travel … | Continue reading
(Bloomberg) -- In July, roughly 25% of managers and professional workers teleworked at some point because of the pandemic, the lowest since the government started tracking the data in May 2020. It’s a clear sign that the age-old work compact is mostly intact, and that the office … | Continue reading
A federal judge on Wednesday denied a request from former Theranos CEO Elizabeth Holmes to keep customer complaints, test results, and a regulatory report out of her upcoming criminal fraud trial connected to her failed blood-testing startup. | Continue reading
Robinhood (HOOD) was halted for volatility this morning as the stock spiked 65% in the first minutes of trading. | Continue reading
(Bloomberg) -- The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions.Nvidia, the biggest U.S. chip company by market capitalization, announced in September a $40 billi … | Continue reading
Riccardo Spagni, who was arrested in Tennessee, will be extradited to South Africa to face fraud charges. | Continue reading
The US military is testing AI that helps predict events days in advance, helping it make proactive decisions. | Continue reading
The polarizing founder shows up a lot in 'Power Play,' Tim Higgins' Tesla history — but usually in the role of a dramatic foil who will be overtaken. | Continue reading
President Biden is calling on state, territorial, and local governments to provide $100 payments to incentivize Americans to receive a coronavirus vaccine. | Continue reading