Technology
Cryptocurrencies rebound with risk assets, but ether still lower for the week
Crypto prices rose on Friday following two down days in which investors rotated out of risk assets. Bitcoin was last higher by 4.5% at $67,720.83, according to Coin Metrics, and ether advanced 4% to $3,248.25. In equities, the tech-heavy Nasdaq Composite and the broad-market S&P 500 — which suffered their worst single trading day since […]
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Crypto firm Ledger hikes prices of iPod-inspired wallet by 40% and launches new mid-tier option
The Ledger Flex is a new, cheaper hardware crypto wallet from French startup Ledger. It sports an E-ink display and can be used to secure a range of crypto assets. The device is retailing at $249. Ledger Cryptocurrency storage company Ledger is raising the price of its iPod-like Stax hardware wallet by 40% — just three […]
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The personal cybersecurity concierge is a new perk, and need, among the wealthy
Matthias Kulka | The Image Bank | Getty Images Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. And despite their sizeable assets and […]
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Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images Memory chip giant SK Hynix on Friday said it plans to invest 9.4 trillion Korean won ($6.8 billion) to build a new semiconductor manufacturing plant in […]
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CrowdStrike CEO says 97% of Windows sensors back online after major outage
The blue screen of death errors on computer screens are viewed due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Ankara, Turkey. Harun Ozalp | Anadolu | Getty Images CrowdStrike CEO George Kurtz said that over 97% of Windows sensors […]
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Apple’s no longer among top 5 smartphone vendors in China as domestic brands dominate market
Customers are shopping for the iPhone 15 at the flagship store of Apple Smart Products on Nanjing Road Pedestrian Street in Shanghai, China, on May 24, 2024. Costfoto | Nurphoto | Getty Images Apple was edged out of the top five smartphone vendors’ list in China in the second quarter, as competition from domestic brands […]
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Samsung hints at new products as it bets on AI to drive upgrades to its latest foldable phones
TM Roh, the head of Samsung’s mobile business, talked about the company’s new products at the Galaxy Unpacked event in Paris, France on July 10, 2024. Samsung unveiled a slew of new products including foldable smartphones, new smartwatches and the Galaxy Ring. Arjun Kharpal | CNBC In a swanky downtown Paris hotel, Samsung Electronics’ mobile […]
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Dexcom shares plummet more than 30% after company lowers fiscal year guidance
The Dexcom logo is seen on a smartphone screen and in the background. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Dexcom tumbled more than 33% in after-hours trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: […]
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OpenAI announces a search engine called SearchGPT; Alphabet shares dip
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, aimed to give users “fast and timely answers with clear and relevant sources.” The company said it […]
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Lineage begins trading in the market’s largest IPO of 2024
Lineage, the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, rose by as much as 5% in its Nasdaq Stock Market debut on Thursday, after going public under the ticker symbol “LINE.” Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. […]
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