Category: News

Dado Ruvic | Reuters With the prospect of TikTok disappearing in the U.S., creators on the app spent the week posting heartfelt goodbyes to their fans. “I never even in a million years ever thought that anybody would ever just care about what I say,” Kimberly Rhoades, a creator of humorous videos, told her 3 […]

Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring […]

Barry 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. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying […]

Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023.  SeongJoon Cho | Bloomberg | Getty Images U.S. senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with […]

The drive to recycle just about everything is gaining ground, but the process — separating out all the different materials and item types — can be both confusing and tedious for consumers. For industrial recycling, it can be even more cumbersome. Scrap metal, in particular, needs to be sorted in order to reduce pieces to […]

Dado Ruvic | Reuters The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this […]

Whitney Wolfe Herd speaks onstage in Dana Point, California. Joe Scarnici | Getty Images Entertainment Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little more than a year after she stepped down from the role, the company announced Friday. The company’s current CEO Lidiane Jones has resigned for “personal reasons,” […]

Jakub Porzycki | Nurphoto | Getty Images Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his new term. The price of the flagship cryptocurrency was last higher by more than 2% at $103,174.90, according […]

Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement appeal and scorching heat.  But its growth into an innovation hub has been quietly playing out over several decades. Arizona’s largest city has, for a […]

George Zhao, Chief Executive Officer of Chinese consumer electronics brand Honor, smiles as he shows the new Honor Magic 6 Pro smartphones during a presentation on the eve of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 25, 2024. Pau Barrena | Afp | Getty Images George Zhao, […]

New regulations are forcing organizations to take cybersecurity more seriously. Sean Gladwell | Moment | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational […]

A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta. The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta — […]

Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware. ( Justin Sullivan | Getty Images Apple has temporarily disabled Apple Intelligence summaries for news apps for users […]

A Duolingo logo is seen on a smartphone. Pavlo Gonchar | LightRocket | Getty Images Duolingo shares rose nearly 7% on Thursday following a large spike in users signing up to learn Mandarin in conjunction with soaring usage of Chinese social media app RedNote, a TikTok rival. The company confirmed to CNBC that there’s been […]

Snap CEO Evan Spiegel, joins CNBC ‘Power Lunch’ on September 17, 2024. CNBC Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint involves allegations that Snapchat’s My AI chatbot poses “risks and harms to […]

Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.  Victor J. Blue | Bloomberg | Getty Images Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following […]

Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which […]

Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 13% and 22%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained nearly 5%. Meanwhile, […]

Sam Ragsdale, Ryan Sproule, and Mason Hall have raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital. Sam Ragsdale Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the […]

The Nintendo Switch 2 docked with a TV behind it. Nintendo Nintendo on Thursday said its long-awaited new Switch 2 hybrid will be available this year, touting a bigger screen and controllers, as the company looks to breathe new life into its struggling hardware business. The business showed off the Switch 2 in a video trailer. The start of the clip […]

TikTok Chief Executive Shou Zi Chew testifies before a House Energy and Commerce Committee hearing entitled “TikTok: How Congress can Safeguard American Data Privacy and Protect Children from Online Harms,” as lawmakers scrutinize the Chinese-owned video-sharing app, on Capitol Hill in Washington, March 23, 2023. Evelyn Hockstein | Reuters TikTok CEO Shou Chew is expected […]

The Freetrade application on a smartphone and desktop PC. Freetrade LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it’s been acquired by online investing platform IG Group. The deal values Freetrade at £160 million ($195 million) — a 29% discount to its last valuation. The startup said that […]

US President Joe Biden, left, and Antony Blinken, US secretary of state, speak on the ceasefire deal between Israel and Hamas, in the Cross Hall of the White House in Washington, DC, US, on Wednesday, Jan. 15, 2025. Israel and Hamas agreed to a ceasefire deal, bringing at least a temporary halt to the war […]

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company‘s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial […]

A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west side of Los Angeles, California, U.S. Jan. 13, 2025.  Daniel Cole | Reuters Tesla started offering discounts […]

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.  Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco […]

Dado Ruvic | Reuters If TikTok does indeed go dark on Sunday for Americans, there may be a tool for them to continue accessing the popular social app: VPNs.  The Chinese-owned app is set to be removed from mobile app stores and the web for U.S. users on Sunday as a result of a law […]

Charred remains of buildings are pictured following the Palisades Fire in the Pacific Palisades neighborhood in Los Angeles, California, U.S. Jan. 15, 2025.  Mike Blake | Reuters Google and YouTube will donate $15 million to support the Los Angeles community and content creators impacted by wildfires, YouTube CEO Neal Mohan announced in a blog post […]

Jakub Porzycki | Nurphoto | Getty Images Business moguls like Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.  TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law in […]

Mustafa Ciftci | Anadolu via Getty Images Bitcoin extended its rebound on Wednesday, hovering just below $100,000 after another encouraging inflation report fueled investors’ risk appetite. The price of the flagship cryptocurrency was last higher by more than 3% at $99,444.43, bringing its 2-day gain to about 7%, according to Coin Metrics. The CoinDesk 20 […]