Technology Chinese e-commerce giant PDD splashes on Super Bowl ad for its Temu U.S. shopping site February 13, 2023 In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD…
Technology Elon Musk’s Neuralink is under investigation for possible unsafe transport of contaminated hardware February 11, 2023 Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s brain-computer interface company Neuralink is being…
Technology Crypto markets are undergoing a ‘flight to quality,’ says Goldman Sachs digital assets chief February 10, 2023 In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott,…
Technology Google employees criticize CEO Sundar Pichai for ‘rushed, botched’ announcement of GPT competitor Bard February 10, 2023 In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google employees are criticizing leadership, most notably…
Technology Lyft stock is getting punished, down more than 32% after weak guidance February 10, 2023 In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in…
Technology Chinese e-commerce giant JD.com to launch ChatGPT-style product February 10, 2023 In this article 9618-HK Follow your favorite stocksCREATE FREE ACCOUNT JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the…
Technology China’s biggest chipmaker SMIC posts record 2022 revenue but warns of a tough year ahead February 10, 2023 In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker SMIC posted record…
Technology PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor February 9, 2023 Dan Schulman, CEO of Paypal, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerard Miller | CNBC PayPal said on Thursday…
Technology Lyft shares tank 30% after company issues weak guidance February 9, 2023 In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los…
Technology Coinbase shares fall as SEC takes crypto staking action against Kraken February 9, 2023 In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday,…
Technology Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation February 9, 2023 Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $30…
Technology Yahoo to lay off 20% of staff by year-end, beginning this week February 9, 2023 In this article TBLA APO Follow your favorite stocksCREATE FREE ACCOUNT Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the…
Technology Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it February 9, 2023 In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on…
Technology Twitter was down for about 90 minutes Wednesday, telling users they’d hit their daily limit on posts February 9, 2023 Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Many Twitter users on Wednesday afternoon…