Technology

The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new area that investors need to

In this article BTC.CM= FTT.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in

In this article UBI-FR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Ubisoft video game company logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket via Getty Images Ubisoft shares plunged 21% on Thursday after the French video game maker reduced revenue guidance, cancelled three titles and pushed back

In this article FTT.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty

The Candy Crush Saga logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Spending on mobile games declined last year as consumers got more frugal with their purchasing decisions in response to rising inflation, according to a report from app analytics firm Data.ai. Mobile game spending fell 5% globally in 2022,

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty Images It wasn’t just Tom Brady and Gisele Bündchen. The roster of high-profile investors who lost money betting on crypto exchange

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs,

U.S. House Minority Leader Kevin McCarthy (R-CA) (R) talks to Rep. Jim Jordan (R-OH) as Representatives cast their votes for Speaker of the House on the first day of the 118th Congress in the House Chamber of the U.S. Capitol Building on January 03, 2023 in Washington, DC. Win Mcnamee | Getty Images House Republicans

“Chinese companies are getting pretty competitive for iPhone assemblers. China is doing quite well in pretty much everything, except semiconductors,” Kirk Yang, chairman and CEO of Kirkland Capital, told CNBC’s “Squawk Box Asia” Friday. CFOTO | Future Publishing | Getty Images More mainland Chinese electronics manufacturing companies are set to take away market share from

The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday said it plans to reduce its global headcount by about 20%, in the latest round of layoffs to hit the beleaguered cryptocurrency industry. The Seychelles-based company is one of the largest crypto exchanges

Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Attorneys for Tesla and Elon Musk are asking a federal judge in San Francisco to move, or delay, a forthcoming trial from Northern California to Western Texas, saying they won’t be able to find unbiased jurors

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marc Benioff, co-chief executive officer of Salesforce.com Inc., between panel sessions on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Jason Alden | Bloomberg | Getty Images Marc Benioff, Salesforce’s co-founder and soon to be sole CEO, indicated in

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT David Limp, senior vice president of devices and services at Amazon.com Inc., presents the Amazon Echo Dot smart speaker during an unveiling event at the company’s Spheres headquarters in Seattle, Washington, U.S., on Thursday, Sept. 20, 2018. Andrew Burton | Bloomberg | Getty Images Amazon

Jnemchinova | Istock | Getty Images I spent about 30 minutes using one app to cancel a bunch of subscriptions I no longer use. I’ll save about $1,235 this year. If you’re like me, you might sign up for lots of subscriptions using different credit cards and then forget to cancel them when you no

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Tesla’s Chinese suppliers jumped after the electric automaker slashed prices for some models

Steve Proehl | Corbis Unreleased | Getty Images A new law that went into effect this week requires most California employers to disclose salaries on job listings. The law affects every company with more than 15 employees looking to fill a job that could be performed from the state of California. It covers hourly and

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon Web Services. CNBC Amazon said Wednesday it will cut over 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. The Wall Street Journal reported on the cuts earlier, which Amazon said preempted its

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced

Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images BEIJING — Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns. Since the abrupt suspension of its massive