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Bitcoin drops below ,300 as sell-off accelerates — here’s what happened
Technology

Bitcoin drops below $18,300 as sell-off accelerates — here’s what happened

Bitcoin plunged to $18,248, and ether fell to $944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Carnage in the crypto market is partly to do with pressure from […]

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Former Amazon employee convicted in Capital One hack
Technology

Former Amazon employee convicted in Capital One hack

Signage is displayed on the exterior of a Capital One Financial Corp. cafe branch in Walnut Creek, California, U.S., on Tuesday, July 18, 2017. Bloomberg | Getty Images A former Amazon Web Services employee was convicted of hacking into Capital One and stealing the data of more than 100 million people nearly three years ago in […]

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A.I. software called DALL-E turns your words into pictures
Technology

A.I. software called DALL-E turns your words into pictures

The DALL-E Mini software from a group of open-source developers isn’t perfect, but sometimes it does effectively come up with pictures that match people’s text descriptions. Screenshot In scrolling through your social media feeds of late, there’s a good chance you’ve noticed illustrations accompanied by captions. They’re popular now. The pictures you’re seeing are likely […]

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Elon Musk had a bad week
Business

Elon Musk had a bad week

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 In what’s been a particularly eventful year for Elon Musk, this was a decidedly rough week. Tesla’s stock, which has […]

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Lawmakers urge Google to tackle misleading abortion search results
Technology

Lawmakers urge Google to tackle misleading abortion search results

Senator Mark Warner (D-VA) questions David Marcus, head of Facebook’s Calibra (digital wallet service), during testimony before a Senate Banking, Housing and Urban Affairs Committee hearing on “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations” in Washington, July 16, 2019. Erin Scott | Reuters Several lawmakers are urging Google to clamp down on misleading […]

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SpaceX fires at least 5 employees after internal letter criticizes CEO Elon Musk
Business

SpaceX fires at least 5 employees after internal letter criticizes CEO Elon Musk

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX has fired at least five employees involved in circulating a letter around […]

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Adobe shares move lower after full-year projections fall short
Technology

Adobe shares move lower after full-year projections fall short

Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company’s annual two-day event for customers and suppliers, ends Friday. Akio Kon | Bloomberg | Getty Images Adobe shares fell […]

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TikTok exec: We’re not a social network like Facebook, we’re an entertainment platform
Technology

TikTok exec: We’re not a social network like Facebook, we’re an entertainment platform

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But TikTok has no interest in […]

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Musk on possible layoffs at Twitter: ‘The company needs to get healthy’
World

Musk on possible layoffs at Twitter: ‘The company needs to get healthy’

Musk addresses question of possible layoffs at Twitter: ‘The company needs to get healthy’ Musk said layoffs at Twitter will depend on its financial situation. “It depends. The company does need to get healthy,” Musk said, according to the source. “Right now the costs exceed the revenue” Musk said there has to be some rationalization […]

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Amazon’s big Prime Day sale runs July 12 and 13
Technology

Amazon’s big Prime Day sale runs July 12 and 13

An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Amazon’s big annual sale, Prime Day, will return on July 12 and 13, the company announced on Thursday. The event is also a big revenue driver for […]

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