Coinbase Chief Executive Brian Armstrong does not mince words. Nearly two months after rival Sam Bankman-Fried’s empire went bankrupt, he’s just delivered a massive blow to what until recently was the institutional face of crypto. Bankman-Fried’s empire consisted of the FTX cryptocurrency exchange. Before its rout, it was the third largest cryptocurrency exchange based on…
Tesla notified Texas regulators this week it plans to invest about $770 million into an expansion of its factory near Austin. The automaker registered plans with the Texas Department of Licensing and Registration. The Austin Business Journal and CNBC were the first to report on the filings. The filings show Tesla intends to build new…
U.K. postal service Royal Mail has said it’s experiencing “severe service disruption” following an cyber incident. In a statement published Wednesday, Royal Mail said it was unable to dispatch export items including letters and parcels to overseas destinations as a result of the cyberattack. It added that international parcels that had already been dispatched “may…
Share to FacebookShare to TwitterShare to LinkedinTopline Ratings for Amazon and ESPN’s respective primetime NFL broadcasts lagged behind those of its competitors, as the e-commerce giant turned streamer and the Disney subsidiary each struggle to keep pace with the NFL’s basic cable partners Amazon’s NFL viewership lagged behind that of its competitors. Getty Images Key…
Share to FacebookShare to TwitterShare to LinkedinBarry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. (Joe Buglewicz/Bloomberg) © 2019 Bloomberg Finance LP Digital Currency Group CEO Barry Silbert has been accused of fraud by his…
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies have told TechCrunch exclusively. As its name suggests, San Francisco-based Capbase claims it can update a company’s cap table in real time as it issues shares, signs contracts and raise money from investors. It then…
Microsoft will introduce a new, lower-cost tier of Microsoft 365, its product family of productivity software, collaboration and cloud-based services, starting on January 30. Called Microsoft 365 Basic and priced at $1.99 per month or $19.99 per year, the plan will initially include 100 GB of storage, Outlook email, and access to support experts for…
© Reuters. FILE PHOTO: U.S. President Joe Biden and Mexican President Andres Manuel Lopez Obrador meet at the National Palace during the North American leaders summit in Mexico City, Mexico January 9, 2023. REUTERS/Kevin Lamarque By Jarrett Renshaw and Dave Graham MEXICO CITY (Reuters) -The United States, Mexico and Canada on Tuesday vowed to tighten…
© Reuters. FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People’s Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo USD/CNY -0.09% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price…
Share to FacebookShare to TwitterShare to LinkedinIn this photo illustration a Microsoft logo is displayed on a smartphone screen in Athens, Greece on … [+] January 9, 2023. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) NurPhoto via Getty Images Microsoft stock (NASDAQ: MSFT) has lost 6.7% in the last week, underperforming the S&P 500 (up…
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