Technology
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding […]
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Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty Images The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles, and CEO Elon Musk’s “antagonism,” according to research and consulting […]
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Trump’s crypto-frenzied inauguration weekend makes first family billions of dollars richer
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday […]
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Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins
Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by nearly 1% at $106,622.54, according to Coin Metrics. Earlier, it […]
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TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Joe Biden […]
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TikTok restoring U.S. service after Trump provided ‘assurance’
TikTok was available to some U.S. users on Sunday after President-elect Donald Trump said that he would sign an executive order on Monday to delay a federal ban of the app. In a statement on X, the company wrote that it would bring back access to its American users. “In agreement with our service providers, […]
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LA wildfires thrust insurance startup into spotlight as property owners scramble for protection
An aerial view of repair vehicles at sunset passing near beachfront homes that burned in the Palisades Fire as wildfires cause damage and loss through the LA region on January 15, 2025 in Malibu, California. Mario Tama | Getty Images Midway through December, tech entrepreneur Dan Preston debuted insurance startup Stand’s first product focused on […]
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Perplexity AI makes a bid to merge with TikTok U.S.
Jakub Porzycki | Nurphoto | Getty Images Perplexity AI officially made a play for TikTok on Saturday, submitting a bid to its parent company, ByteDance, to create a new merged entity combining Perplexity, TikTok U.S. and new capital partners, CNBC has learned. The new structure would allow for most of ByteDance’s existing investors to retain […]
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Solana surges 12% on launch of Trump-themed memecoin, ether falls
The Solana logo on a phone screen and representation of cryptocurrencies are seen in this photo taken in Krakow, Poland, Aug. 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana’s SOL token rocketed after a memecoin linked to President-elect Donald Trump launched on the popular blockchain network. The price of SOL was up by […]
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Google Maps is turning 20 — it’s mapping three more countries and adding AI capabilities
Two decades ago, Google co-founder Larry Page had an idea that would forever change the way we navigate the world. “Larry drove down some of these streets with a video camera and handed it to someone and said, ‘Hey, what can you do with this?’” said Maria Biggs, technical program manager at Google Street View, […]
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