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Stocks making the biggest moves midday: Netflix, Coinbase, Alphabet, SVB Financial & more
Business

Stocks making the biggest moves midday: Netflix, Coinbase, Alphabet, SVB Financial & more

Tech stocks on display at the Nasdaq.  Peter Kramer | CNBC Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant jumped more than 6% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings also announced […]

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Binance was closing destination for tens of millions in money from Bitzlato, trade shut down for alleged cash laundering
World

Binance was closing destination for tens of millions in money from Bitzlato, trade shut down for alleged cash laundering

Binance is the world’s largest crypto trade, dealing with billions of dollars in buying and selling volumes on a each day basis. STR | NurPhoto by way of Getty Photos Federal prosecutors unsealed an indictment towards a tiny-recognised crypto trade known as Bitzlato on Wednesday, alleging that it facilitated the laundering of $700 million in […]

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Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year
Technology

Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year

Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year bull market adapt to a new reality. Microsoft said Wednesday that it’s letting go of 10,000 employees, […]

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Ripple CEO is optimistic the crypto firm will get ruling on XRP lawsuit quickly, slams ’embarrassing’ SEC
Finance

Ripple CEO is optimistic the crypto firm will get ruling on XRP lawsuit quickly, slams ’embarrassing’ SEC

Davos WEF Ripple CEO is optimistic the crypto agency will get ruling on XRP lawsuit shortly, slams ’embarrassing’ SEC Published Wed, Jan 18 202310:14 AM ESTUp-to-date 4 Hrs Back Ryan Browne@Ryan_Browne_ Arjun Kharpal@ArjunKharpal Enjoy Live Supply

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Bitcoin has now recovered all its losses due to the fact FTX collapsed
Finance

Bitcoin has now recovered all its losses due to the fact FTX collapsed

Important Details Bitcoin has held agency at over $21,000 for the last two times, nicely above its Nov. 2 rate of $20,283. In early November, Coindesk released fiscal facts about Sam Bankman Fried’s crypto trade, FTX, which performed a large purpose in the firm’s collapse. Supply

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Crypto firms Genesis and Gemini charged by SEC with offering unregistered securities
Finance

Crypto firms Genesis and Gemini charged by SEC with offering unregistered securities

Vital Points The Securities and Trade Fee alleged in a criticism that crypto firms Gemini and Genesis provided and offered unregistered securities. It truly is the latest in a series of recent enforcement actions initiated by SEC chair Gary Gensler given that the collapse of FTX in November. Gemini, launched by the Winklevoss twins, and […]

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Flexport to lay off 20% of its world-wide workforce
World

Flexport to lay off 20% of its world-wide workforce

Ryan Petersen, chief executive officer of Flexport, participates in a panel dialogue during the Milken Institute Global Meeting in Beverly Hills, California, U.S., on Wednesday, Could 4, 2022. Bloomberg | Bloomberg | Getty Photos Supply chain program startup Flexport is laying off 20% of its worldwide workforce, or approximately 640 personnel, according to a memo […]

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Crypto trade Binance options 15-30% using the services of spree in 2023 even as rivals slash positions
Technology

Crypto trade Binance options 15-30% using the services of spree in 2023 even as rivals slash positions

Zhao Changpeng, founder and main executive officer of Binance, attends a convention at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters Binance is arranging a selecting spree in 2023, CEO Changpeng Zhao explained Wednesday, taking a to some degree contrarian look at as crypto companies lay off huge […]

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Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more
Finance

Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more

In this article LUV COIN WFC Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines in premarket trading. CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for […]

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How to nominate a organization for CNBC’s 2023 Disruptor 50 checklist
Technology

How to nominate a organization for CNBC’s 2023 Disruptor 50 checklist

CNBC is now accepting nominations for the 2023 Disruptor 50 list — our annual search at the most impressive enterprise-backed firms working with breakthrough technological know-how to fulfill growing financial and client difficulties. The deadline for submissions is Friday, Feb. 17 at 11:59 pm EST. All independent, privately-owned businesses launched immediately after Jan. 1, 2008, […]

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