Technology

Government exhibit in Sam Bankman-Fried’s criminal trial Source: SDNY In afternoon testimony on Monday, former FTX engineering chief Nishad Singh told a Manhattan jury about two one-on-one meetings he held with Sam Bankman-Fried last year to discuss the dire state of the crypto firm’s finances. Singh, who joined sister hedge fund Alameda Research in 2017

The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether froze 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the

Elon Musk killed off the Twitter logo on July 24, 2023, replacing the world-recognized blue bird with a white X as the tycoon accelerates his efforts to transform the floundering social media giant.  Chris Delmas | AFP | Getty Images Australia’s eSafety commissioner on Sunday fined X, the social media platform formerly known as Twitter,

Thierry Breton, a former CEO of French IT consulting firm Atos, is seen as a key architect of the European Union’s digital reforms. Anadolu Agency | Getty Images Days after the Israel-Hamas war erupted last weekend, social media platforms like Meta, TikTok and X (formerly Twitter) received a stark warning from a top European regulator

NEW YORK, US – SEPTEMBER 17: Elon Musk arrives at the Turkish House to meet with Turkish President Recep Tayyip Erdogan ahead of the 78th session of the United Nations (UN) General Assembly in New York, United States on September 17, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency

In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft has closed its acquisition of video game publisher Activision Blizzard, according to a regulatory filing by the company on

Israeli soldiers on a tank are seen near the Israel-Gaza border.  Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on his regular morning run. Instead, he was met with blaring alarms and missiles flying over Tel Aviv.  Ben-Aroya, co-founder of Spike, a workplace collaboration platform with

In this article ASML-NL 7751.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Canon, the Japanese firm well known for its cameras and printers, is ramping up efforts in the semiconductor manufacturing equipment space. Brian Ach | Getty Images Canon, the Japanese firm best known for its printers and cameras, launched a critical tool on Friday it

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to the U.S. Securities and Exchange

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg arrives at federal court in San Jose, California, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images European regulator Thierry Breton shared a letter to Meta CEO Mark Zuckerberg on Wednesday urging the billionaire to be “vigilant” about

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at federal court in Washington, D.C., on Oct. 2, 2023. Drew Angerer | Getty Images Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K

Caroline Ellison, former chief executive officer of Alameda Research LLC, exits court in New York, US, on Tuesday, Oct. 10, 2023.  Yuki Iwamura | Bloomberg | Getty Images Caroline Ellison, who ran Sam Bankman-Fried’s crypto hedge fund while also dating the FTX founder, told jurors in her second day of testimony that one way her

In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT The Uber Eats app on a smartphone in Dobbs Ferry, New York, on Feb. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Uber announced Wednesday that its Uber Eats app now allows customers to order from two stores at the same time. So, for

In this article NFLX GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Daniel de la Hoz Teenagers in the U.S. say they watch more videos on YouTube than Netflix, according to a new survey from investment bank Piper Sandler. Teens polled by the bank said they spent 29.1% of their daily video consumption time on

In this article EBAY Follow your favorite stocksCREATE FREE ACCOUNT F-450 coal rolling Courtesy: Salvatore Arnone | Wikipedia CC Ebay could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands of “rolling coal” pollution devices and other products that violate environmental laws to be sold on

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images A majority of Europeans want government restrictions on artificial intelligence to mitigate the impacts of the technology on job security, according to a major

A scene from “The Office.” NBC-TV If you’ve watched HBO’s “Silicon Valley” or NBC’s “The Office,” you’ve seen several examples of obnoxious aggression and manipulative insecurity exhibited by leaders.  It almost goes without saying that actual managers shouldn’t look to mimic Michael Scott, or the command-and-control culture dramatized on television. Instead, leaders should strive for

In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT The Snapchat application on a smartphone arranged in Saint Thomas, Virgin Islands, Jan. 29, 2021. Gabby Jones | Bloomberg | Getty Images Snap is under investigation in the U.K. over privacy risks associated with the company’s generative artificial intelligence chatbot.  The Information Commissioner’s Office (ICO),

A worker sorts out parcels in the outbound dock at the Amazon fulfillment center in Eastvale, California, on Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images It was late in the day on Oct. 27, 2021, when Fred Ruckel received the dreaded automated email from Amazon. Amazon’s software

In this article FRHC Follow your favorite stocksCREATE FREE ACCOUNT Freedom Holding CEO Timur Turlov speaks during a press interview in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Freedom Holding, a Nasdaq-traded Kazakh financial firm that’s been the target of prominent short sellers, is being investigated by federal prosecutors and Securities and Exchange