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Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency  to customers that signed up for some of its accounts.  related investing news Jim Cramer sat down with the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has run two ambitious tech companies at the same time ever since he became chair and later CEO of

In this article .IXIC Follow your favorite stocksCREATE FREE ACCOUNT What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in

In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost-cutting and employee dissent over

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Aaron Judge #99 of the New York Yankees hits a solo home run in the fifth inning against the Cleveland Guardians at Yankee Stadium on April 22, 2022 in the Bronx borough of New York City. Elsa | Getty Images Yankees slugger Aaron Judge is

In this article 300750-CN 300750-CN Follow your favorite stocksCREATE FREE ACCOUNT CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping

AirPods Pro (2nd generation). Sofia Pitt I’ve been testing Apple’s new $249 AirPods Pro (second-generation) for a few weeks. They are available to order now and will hit stores on Friday. Out of all of the things Apple unveiled earlier this month, these excite me the most. I love my old set of Pros, but

In this article GOOGL AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT The probe will focus on so-called “hyperscalers” like Amazon Web Services and Microsoft Azure, which let businesses access computing power and data storage from remote servers. Chesnot | Getty Images British media regulator Ofcom is investigating Amazon, Microsoft and Google’s tight grip on

Larry Page Justin Sullivan | Getty Images Google co-founder Larry Page’s flying car startup Kittyhawk is winding down, the company announced Wednesday. “We’re still working on the details of what’s next,” the company wrote in a LinkedIn post. Kittyhawk was founded as Zee.Aero in 2010 when Page recruited Sebastian Thrun, who had worked on self-driving

Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce co-CEO Marc Benioff said the cloud software company has much more to do in the area of cybersecurity following an attack at Uber involving Salesforce’s

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Panos Panay, chief product officer of Microsoft, holds the Surface Neo laptop computer during a Microsoft product event in New York on Oct. 2, 2019. Mark Kauzlarich | Bloomberg | Getty Images Microsoft on Tuesday said it’s starting to release the first major update to

In this article BTC.CM= ETH.CM= Ethereum underwent a huge network upgrade called the merge which proponents say will make transactions much more energy efficient. Following the merge, ether prices have dropped following a huge run up ahead of the event. Jakub Porzycki | Nurphoto | Getty Images Ether has fallen more than bitcoin since the

In this article AAPL Apple introduced the iPhone 14 lineup, Apple Watch 8 products, and new AirPods Pro at an event in Cupertino, California, on Sept. 7, 2022. Sofia Pitt, CNBC Apple just released its high-end iPhone 14 Pro and Pro Max on Friday, and some complaints are coming in about a bizarre camera flaw.

In this article UBER TWTR Uber on Thursday said it is investigating a cybersecurity incident following reports that the ride-hailing company had been hacked. “We are currently responding to a cybersecurity incident,” Uber said in a statement on Twitter. “We are in touch with law enforcement and will post additional updates here as they become

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of

New York City Mayor Eric Adams speaks to attendees while they take part in the New York Democrats for Election Night Watch Party with Governor Kathy Hochul and Lieutenant Governor Antonio Delgado during New York primary election 2022 in New York, U.S., June 28, 2022. Eduardo Munoz | Reuters At a private dinner Wednesday at

Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including

Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Facebook hasn’t been this cheap since the beginning of the pandemic. After plunging 14% for the week to close at $146.29, shares of Facebook parent Meta are at their lowest point since March

U.S. President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S., September 14, 2022.  Tom Brenner | Reuters The Biden White House has just released its first-ever framework on what crypto regulation in the U.S. should look like — including ways in which the financial services

Karina Frayter | CNBC In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Tumblr — the short form, multi-media blogging platform, that in many ways defined the online sensibilities of a coming-of-age generation — turned 15 this year. Despite recent years of waning users

In this article ADBE Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. related investing news Danaher’s decision to spin off its water business is a win-win for long-term investors Zev Fima an hour ago In a year that’s featured exactly zero high-profile tech IPOs and far more headlines

In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla CEO Elon Musk enacted a strict return-to-office policy this spring, informing employees suddenly by email on May 31 that they would need to “spend a minimum of forty

In this article ETH= It’s time for the “merge.” The years-in-the-making, systemwide upgrade to the ethereum blockchain is set to roll out on Wednesday, marking one of the crypto sector’s most historic events to date. Leading up to the overhaul, investors have been jumping into ether, the native token to ethereum. In the past three

A trader works at the New York Stock Exchange NYSE in New York, on Aug. 26, 2022. Xinhua News Agency | Getty Images The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The consumer price index was up 0.1%

In this article TWTR Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private. The vote comes as Musk seeks to scrap the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been

A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon‘s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. Heather MacDougall, who joined Amazon

In this article AAPL AAPL Apple iOS 16 Source: Apple Apple released its big new iOS 16 software update for iPhones on Monday. It has lots of new features and is available to anyone with an iPhone 8 or newer. Apple releases big software updates every year to help keep the iPhone fresh. And, unlike Google’s

In this article JPM Some parts of China have officially promoted metaverse development plans. Pictured here is a metaverse exhibition area at an annual services trade expo in Beijing on Sept. 1, 2022. China News Service | China News Service | Getty Images BEIJING — When it comes to futuristic concepts like the metaverse, JPMorgan

In this article ETH.CM= BTC.CM= Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged on Friday breaking back above the $20,000 mark as the U.S. dollar weakened

In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company