Technology

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group shares fell by more than 8% Monday as the value of its portfolio companies continued to slide. The Japanese tech giant’s share price fell from 5201

Kacper Pempel | Reuters Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight

For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. Now, as many retailers panic over supply chain chaos, Amazon’s costly early moves are helping it avoid the long wait times for available dock space and workers

In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,

In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the

In this article ENEL-IT ENR-DE RDSA-GB IBE-ES The Iberdrola Tower in Bilbao, Spain. SOPA Images | LightRocket | Getty Images Spanish power company Iberdrola and Sweden’s H2 Green Steel are to partner and develop a major facility that will produce green hydrogen, in yet another example of how companies are taking an interest in the

In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that

In this article HRB Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015. Lucas Jackson | Reuters Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond

Susan Arnold Source: Disney Susan Arnold is taking over as Disney‘s Chairman of the Board, the company announced Wednesday. She’ll succeed Bob Iger, who stepped down as Disney CEO early last year. Iger, who served as Chairman of the Board since 2012, had been set to step away as board chair by the end of

Wind turbines and solar panels in Kayseri, Turkey. temizyurek | E+ | Getty Images The world is set to add nearly 290 gigawatts of renewable power capacity this year, according to the International Energy Agency, with the Paris-based organization expecting 2021 to “set a fresh all-time record for new installations.” Published on Wednesday, the IEA’s

In this article AAPL Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple stock was up more than 2% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as

Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Meta, Facebook’s parent, has been told by the U.K.’s competition watchdog that it must sell gif-sharing platform Giphy.

Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready

In this article 9VC-FF CMPS Atai Life Sciences at the Nasdaq for its IPO, June 18, 2021. Source: Nasdaq Atai Life Sciences, the Peter Thiel-backed start-up that wants to use psychedelic drugs to treat mental health conditions, has increased its stake in fellow drug developer Compass Pathways. Atai bought another 420,000 Compass Pathways shares in

In this article AMC Spider-Man Turn Off the Dark Source: spidermanonbroadway.marvel.com/ AMC is the latest legacy company to get into the NFT game. The theater giant and Sony Pictures will offer 86,000 non-fungible tokens to members of its AMC Stubs Premiere, AMC Stubs A-List and AMC Investor Connect who order tickets for the Dec. 16

Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of

JD Vance, the venture capitalist and author of “Hillbilly Elegy,” takes photos with supporters after a rally Thursday, July 1, 2021, in Middletown, Ohio, where he announced he is joining the crowded Republican race for the Ohio U.S. Senate seat being left by Rob Portman. Jeff Dean | AP Republican Ohio Senate candidate J.D. Vance,

In this article ZM NFLX EXPE Shares of Zoom were up more than 10% before markets opened on Friday morning as a new Covid variant raised concerns in South Africa. Other stocks that have benefited from stay-at-home trends during the pandemic were also up. Peloton stock popped more than 8% before markets opened while Etsy,

In this article AAPL Tim Cook introduces iPhone 13 Source: Apple Inc. Apple’s computerized glasses will be as powerful as its Mac computers and launch at the end of 2022, top analyst Ming-Chi Kuo of TFI Asset Management said in a note to investors Friday. Kuo has a stellar track record at predicting future Apple