Databricks CEO Ali Ghodsi and his cofounders weren’t interested in starting a business, and even less interested in making a profit on the tech. Eight years later, at least three are billionaires. Inside a 13th-floor boardroom in downtown San Francisco, the atmosphere was tense. It was November 2015, and Databricks, a two-year-old software company started…
Share to FacebookShare to TwitterShare to Linkedin Bernard Arnault. AFP via Getty Images The back-and-forth for the title of the richest person in the world between Amazon founder Jeff Bezos and LVMH chief Bernard Arnault has taken another turn: For the third time this week, Arnault has overtaken Bezos forthe No. 1 spot, with an…
Share to FacebookShare to TwitterShare to LinkedinTopline The Biden administration recently met with other government officials, including staff members at the Treasury Department, to discuss the risks presented by the extreme volatility in cryptocurrency markets, the Washington Post reported on Tuesday, and how to prevent illicit activities that use crypto. Photo by: STRF/STAR MAX/IPx 2021…
Share to FacebookShare to TwitterShare to LinkedinBitcoin investors have been rocked by a price crash that’s wiped more than 50% from bitcoin’s all-time high. The bitcoin price, after nudging $65,000 per bitcoin in April, dropped to just under $30,000 this week before rebounding slightly, falling after Tesla billionaire Elon Musk expressed doubts about bitcoin and…
Share to FacebookShare to TwitterShare to LinkedinElon Musk, the meme-loving Tesla TSLA chief executive that moves markets with his irreverent tweets, is apparently readying for war. Musk, who’s recently gone all-in on the somewhat satirical cryptocurrency dogecoin—helping its price soar many thousands of percent to a mind-blowing $42 billion market capitalization—sees a “battle” coming between…
Amazon Halts Construction Of Connecticut Facility After Seven Nooses Are Found At Site In Past Month
Share to FacebookShare to TwitterShare to LinkedinTopline Amazon has shut down construction at an upcoming facility in Windsor, Connecticut after at least seven noose-like ropes were discovered at the site in the past month, prompting an investigation by local police with support from FBI officials in the region. Amazon has condemned the incidents and has…
Share to FacebookShare to TwitterShare to LinkedinTopline U.S. stocks plunged Wednesday morning as a sell-off in the tech sector on inflation concerns coincided with a massive drop in cryptocurrencies ahead of the release of minutes of the last Federal Reserve meeting. A worker wearing a protective mask passes in front of the New York Stock…
Share to FacebookShare to TwitterShare to LinkedinTopline People who have been fully inoculated against coronavirus with the Pfizer-BioNTech or Moderna vaccines may need a booster shot within a year in order to maintain immunity against coronavirus, Dr. Peter Marks, the director of the FDA’s Center for Biologics Evaluation and Research, said Tuesday, though other experts…
Share to FacebookShare to TwitterShare to LinkedinTopline Chinese financial officials announced Tuesday that the country would crack down on financial institutions conducting cryptocurrency business or offering related services in light of the market’s recent volatility, marking another blow to the nascent market reeling from one of its biggest sell-offs ever after booming institutional adoption helped…
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