Technology
Billionaire founder of China’s JD.com steps down as CEO as Beijing’s tech crackdown continues
Richard Liu, the founder of Chinese e-commerce giant JD.com, will step down from his role as CEO. His departure comes after a number of high-profile technology founders exited their leadership positions amid Beijing’s regulatory crackdown on its domestic tech sector. VCG | Visual China Group | Getty Images JD.com’s billionaire founder Richard Liu has stepped […]
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China’s smartphone market could plunge 20% as Covid cases spike — but Apple may see growth
China’s smartphone market could decline in the second quarter as the country experiences a resurgence of covid cases, analysts said. But Apple could fare quite well, the analysts said as it continues to attract users in the high-end of the market. Future Publishing | Future Publishing | Getty Images China’s recent surge in Covid cases […]
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A VPN company just became Lithuania’s second tech unicorn
Network cables are plugged in a server room. Michael Bocchieri | Getty Images Cyber firm Nord Security announced Thursday that it has raised $100 million from investors at a $1.6 billion valuation, making it Lithuania’s second tech unicorn. The company is best known for its VPN product, NordVPN, which costs around $140 a year or […]
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Bitcoin 2022 kicks off in Miami, crypto prices plunge, and DeFi with bitcoin: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
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‘Amazon here we come’: Biden boosts warehouse unionization efforts
U.S. President Joe Biden delivers remarks on the March jobs report, during a speech in the State Dining Room at the White House in Washington, U.S., April 1, 2022. Kevin Lamarque | Reuters President Joe Biden on Wednesday expressed support for efforts to unionize Amazon workers, after one of the company’s warehouses voted to join […]
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LinkedIn says Amazon is the top U.S. company to work for if you want career growth
Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group | The Riverside Press-Enterprise via Getty Images LinkedIn on Wednesday named Amazon the top U.S. company to work for if you’re seeking career growth. It’s the second year Amazon has topped the list. LinkedIn’s 2022 Top Companies list tracks seven pillars focused […]
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We’re trimming tech stocks and an automaker because it never pays to fight the Fed
We’re making several more trims, targeting tech and an economically sensitive automaker due to our concerns about an aggressively hawkish Fed. Source
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This crypto fund has outperformed bitcoin for the last five years. Here’s how
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund […]
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Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows
Elon Musk gestures 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 Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for […]
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Twitter confirms it is testing edit button after Elon Musk polls followers
Joe Raedle | Getty Images News | Getty Images Twitter is testing an edit button, the company said on Tuesday. The feature has been one of the most requested changes to the social networking service for over a decade. Currently, in order to fix a typo in a tweet, users have to delete it and […]
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