Technology
DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising
Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images The Department of Justice reached a settlement with Facebook owner Meta over […]
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Naomi Osaka launches media company in partnership with Lebron James
Tennis Player, Naomi Osaka poses for a photo with LeBron James #23 of the Los Angeles Lakers after the game on April 4, 2019 at STAPLES Center in Los Angeles, California. Andrew D. Bernstein | National Basketball Association | Getty Images Four-time Grand Slam winner Naomi Osaka is launching a media production company in partnership […]
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DocuSign CEO Dan Springer steps down
Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign CEO Dan Springer is stepping down, the company announced Tuesday. The decision comes after the e-signature software maker lost more than 60% of its value year to date. The company didn’t provide a reason for his departure but said […]
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Bitcoin rebounds, leading other cryptocurrencies higher, after its big dip over the weekend
Selim Korkutata | Anadolu Agency | Getty Images Bitcoin climbed on Tuesday after a slew of negative headlines had pushed the cryptocurrency to a new 2022 low over the weekend. The price of bitcoin jumped more than 7% to $21,617.70 around 10:50 a.m. ET, according to Coin Metrics. Over the weekend, it fell as low […]
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Uber restarting shared rides in U.S. cities like New York and San Francisco
Zoom In IconArrows pointing outwards Uber announced Tuesday it’s bringing back shared rides in a handful of U.S. cities after pulling the service for more than two years. The feature, which allows riders to share a car with strangers going in a similar direction for a discount, is available in New York City, Los Angeles, […]
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Palantir is a buy as demand for AI platforms grows, Bank of America says
The shine has came off of Palantir in recent months, but the defense tech company’s growth prospects are still strong, according to Bank of America. Analyst Mariana Perez Mora initiated coverage of Palantir with a buy rating, saying that investors are undervaluing the demand growth for artificial intelligence. “We see Palantir as a beneficiary of […]
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Elon Musk says Tesla will lay off 3.5% of total workforce as ex-employees sue company
Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk said Tesla would reduce […]
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Crypto start-up MoonPay launches NFT platform with Universal, Fox
MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, among other brands, to launch a new NFT platform called HyperMint. The new platform enables large brands, agencies, and enterprises to mint […]
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Crypto lending firm Celsius asks users for more time to fix issues after halting withdrawals
Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers. The cryptocurrency market has seen billions of dollars of […]
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Apple workers in Maryland vote for company’s first unionized store in U.S.
An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor that could encourage employees at other Apple stores to unionize. The Towson store is the first unionized Apple store […]
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