The once high flying tech sector has endured a heavy selloff this year amid concerns that the sector’s growth could be curtailed by rising interest rates. The tech-heavy Nasdaq Composite is down more than 14%. Chris Hondros | Newsmakers | Getty Images A lot has changed in technology since the dot-com boom and bust. The
Technology
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in February, according to a statement from the company’s Japan subsidiary. FTX Japan said Thursday it was developing a system to resume withdrawals
San Francisco is facing its highest office vacancy rate since 1993. Commercial real estate firm CBRE said in a recent report that 27.1 million square feet of a total of 90 million square feet is currently vacant. “The issue started with the pandemic,” said Colin Yasukochi, CBRE’s executive director at its Tech Insights Center. ”Prior to
Singapore’s tech start-up scene has grown in recent years, and the city-state ranked seventh in the latest Global Innovation Index 2022. Ore Huiying | Bloomberg | Getty Images Global venture dollars may have dropped in 2022, but Singapore’s government-owned tech investment firm is optimistic about 2023. “2023 is probably going to be a pretty decent
The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Following a record-smashing tech IPO year in 2021 that featured the debuts of electric car maker Rivian, restaurant software company Toast, cloud software vendors GitLab and HashiCorp and stock-trading app Robinhood, 2022 has been a complete dud. The only notable tech offering
LONDON — Before the launch of “ABBA Voyage,” the London concert performed by 3D digital avatars of the iconic Swedish band, member Björn Ulvaeus said they hoped audiences would “feel that they’ve gone through something that they’ve never seen before.” Following its May 27 debut, much of the reaction from domestic and international critics, fans and industry
In this article FTT.CM= DAVE Follow your favorite stocksCREATE FREE ACCOUNT FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022. Ed Jones | AFP | Getty Images Of the billions of dollars in customer deposits that disappeared from FTX in a flash, $200 million was used to fund
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Digital currency exchange Kraken will close down its operations in Japan next month, in another sign of consolidation in the battered crypto industry. In a blogpost on Wednesday, Kraken
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Tesla’s sell-off intensified on Tuesday, with the stock closing down 11%. Elon Musk’s electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT AirPods Pro (2nd generation). Sofia Pitt If you were received Apple‘s new second-generation AirPods Pro as a holiday gift, you made out well. These new AirPods were my favorite gadget Apple released this year. If you’re new to AirPods, or if you have an older
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT iPhone 14 Sofia Pitt | CNBC You may have gotten Apple’s iPhone 14 as a gift for the holidays. If you’re upgrading from a much older iPhone model, there’s going to be a bit of a learning curve when it comes to navigating your brand-new
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the
Researchers at the University of Vermont analyzed 1,000 TikTok videos under the most popular hashtags related to body image and eating Jakub Porzycki | NurPhoto | Getty Images Under the bipartisan spending bill that passed both chambers of Congress on Friday, TikTok will be banned from government devices, underscoring the growing concern about the popular
Daniel Erichsen, founder of the Sleep Coach School Daniel Erichsen Daniel Erichsen spent about a decade as a sleep doctor, primarily seeing patients who were struggling with sleep apnea and insomnia. His career took a dramatic turn early last year, when he was fired from his hospital job in Oregon. Erichsen, 42, had stopped prescribing
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Sopa Images | Lightrocket | Getty Images Facebook parent Meta has agreed to pay $725 million to settle a class action lawsuit that claimed the social media giant gave third parties access to user data without their consent. It is the “largest
FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Bankman-Fried stepped out of U.S. District Court in Manhattan, flanked by his parents, his legal team, and court security at 2:19 local time. The terms of his personal recognizance
Microsoft CEO Brad Smith participates in a meeting at The Westin Palace Hotel, on 20 May, 2022 in Madrid, Spain. Cezaro De Luca | Europa Press | Getty Images Microsoft on Thursday filed its response to U.S. regulators’ antitrust case attempting to block the software maker from buying video-game publisher Activision Blizzard, saying that the
China will introduce rules governing the use of deep synthesis technology in January 2023. Deepfakes, where artificial intelligence is used to manipulate images and videos, are a concern for Beijing as it ramps up control over online content. Fotografielink | Istock | Getty Images In January, China will introduce first-of-its-kind regulation on “deepfakes,” ramping up
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images More Google employees will be at risk for low performance ratings and fewer are expected to reach
FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate’s Court on December 21, 2022 in Nassau, Bahamas. Joe Raedle | Getty Images FTX co-founder Gary Wang and former Alameda Research co-CEO Caroline Ellison both pleaded guilty to federal charges in the Southern District of New York, U.S. Attorney Damian Williams said in a message
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