Technology
Sony launches new PlayStation gaming subscription service to take on Microsoft
In this photo illustration a PlayStation 5 logo seen displayed on a smartphone. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Sony is set to launch a new video game subscription service this summer, seeking to drive sales of its PlayStation consoles and compete with a similar offering from Microsoft. The company said […]
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Reid Hoffman’s new start-up poaches first staff from Google and Meta
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is […]
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SEC charges Twilio engineers with insider trading during early days of pandemic
The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]
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Bitcoin surges above $48,000, turns positive for 2022
The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor developments in the war in Ukraine and moves by the Federal Reserve. Bitcoin extended gains from a late Sunday rally, when the cryptocurrency broke past the key level of $45,000 and erased its losses […]
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Spotify rolls out Covid disclosures two months after Joe Rogan boycott
The Spotify logo on a smartphone arranged in Saint Thomas, U.S. Virgin Islands, on Saturday, Jan. 29, 2022. Gabby Jones | Bloomberg | Getty Images Spotify is rolling out a Covid content advisory tab on podcasts and other content that mentions the coronavirus. Spotify promised the feature, a small blue tab that directs to its […]
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Apple reportedly cuts production of its new iPhone SE by 20%
Tim Cook at the Apple launch event, March 8, 2022 Apple Apple is scaling back production of its new budget iPhone SE due to weaker-than-expected demand, Nikkei Asia reported Monday. The company has reportedly asked suppliers to cut production of the iPhone SE, its new $429 budget 5G phone, by about 2 million units to […]
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Elon Musk says he’s considering building a new social media platform
Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Elon Musk said he is giving “serious thought” to building a new social media platform in a Tweet on Saturday. […]
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Morning Brew tops 4 million newsletter subscribers as it looks to expand with M&A
Alex Lieberman and Austin Reif on Monday, January 20, 2020 — Nbcuniversal Morning Brew is ready for adulthood. What started as a light-hearted business newsletter for college kids by two students in their University of Michigan dorm room has become a multidimensional media operation. The company’s core product, the daily Morning Brew newsletter, has topped […]
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Amazon faces another high-stakes union election as vote kicks off in Staten Island
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters On Friday afternoon, a stream of Amazon workers exited a sprawling warehouse on New York’s Staten Island after wrapping up the daytime […]
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The Tesla Roadster is an endangered species — meet the community keeping it alive
The year was 2006, the concept of electric vehicles expensive and impractical. But a small engineering team had an unorthodox vision for a car that could truly showcase the potential of electrification. That summer, then-fledgling start-up Tesla Motors unveiled its tour de force to the world — the Roadster. Right out of the gate, the […]
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