Technology
Coinbase shares drop on billion-dollar loss in second quarter and revenue miss
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter and missed analysts’ […]
Read MoreRoblox misses on top and bottom, shares dip 12%
The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox reported results on Tuesday that missed analyst estimates on the top and bottom lines. Here’s how the company did: Loss per share: 30 cents vs. 21 cents expected, according […]
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Micron to invest $40 billion in U.S. chip manufacturing
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Micron announced Tuesday it will invest $40 billion between now and 2030 to manufacture chips in the U.S. The investment is supported by grants and credits from the CHIPS and Science Act, which President Joe Biden will sign on Tuesday. Micron said it will create up to […]
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Google outage reported by thousands of users around the world
The entrance to Google’s U.K. offices in London. Olly Curtis | Future Publishing | via Getty Images Users around the world are reporting outages on Google’s search engine, according to DownDetector.com. In the U.S., more than 40,000 people reported that Google was down for them around 9.20 p.m. ET, though the figure has since fallen. […]
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Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure
A tornado is seen on a field in D’arcy, Saskatchewan, Canada June 15, 2021. Neil Serfas | via Reuters The Treasury Department’s crackdown on Tornado Cash was meant to stop criminals. But a lot of ordinary crypto investors with honest intentions are now at risk. “Every U.S. person is going to have to be very […]
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Ezra Miller charged with felony burglary days after Warner Bros Discovery CEO Zaslav praises ‘Flash’ movie
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle | Bauer-Griffin | Filmmagic | Getty Images As David Zaslav seeks to revamp Warner Bros.’ Discovery’s DC cinematic universe, one of the studio’s biggest stars continues to make headlines for alleged […]
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Crypto mixing service Tornado Cash blacklisted by Treasury Department for alleged use in laundering
The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a […]
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Your iPhone may finally show the battery percentage on the home screen again
Apple’s iOS 16 Beta 5 shows battery percentage Todd Haselton | CNBC The fifth beta version of iOS 16 has a feature many iPhone users have been missing: The battery percentage in the status bar at the top of the screen. The notched display in the iPhone X, released in 2017, left little room for […]
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Carried interest provision is cut from Inflation Reduction Act. How this tax break works, and how it benefits high-income taxpayers
Sen. Kyrsten Sinema, D-Ariz., and Sen. Joe Manchin, D-W.V., on Capitol Hill on Sept. 30, 2021. Jabin Botsford | The Washington Post | Getty Images Senate Democrats passed a historic package of climate, healthcare and tax provisions on Sunday. But one proposed tweak to the tax code — a modification of so-called carried interest rules […]
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