Internet
Amazon is starting to deliver packages with Rivian electric vans
Amazon said Thursday it will begin to start using electric vans developed in partnership with Rivian to make deliveries. Amazon Amazon is beginning to roll out some of the electric delivery vans that it developed with Rivian Automotive, the companies announced Thursday. In September 2019, Amazon founder and then-CEO Jeff Bezos stood on stage at […]
Read More
Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images British digital bank Starling on Thursday reported its debut annual profit as revenues at the firm almost doubled. The lender swung to a pre-tax profit of £32.1 million ($38.3 million) in its fiscal year ending March 2022, having lost £31.5 […]
Read More
Minecraft creator rejects NFTs, citing a lack of inclusivity
Minecraft is the best-selling game of all time, with lifetime sales of more than 238 million units. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Mojang, the developer behind Minecraft, is not a fan of nonfungible tokens. The Microsoft-owned company said Wednesday that it won’t support NFTs in Minecraft because they’re “not inclusive […]
Read More
Google adds a new way to block calendar spam. Here’s how to use it
In this photo illustration Google Calendar logo seen displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Google introduced a new feature on Wednesday that will help users keep their Google Calendars free from spam. Calendar spam occurs when random invitations and appointments appear on Google Calendar, even if the […]
Read More
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC and Voyager
Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase on Wednesday said it had no counterparty exposure to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital, seeking to allay fears about the impact of a liquidity crisis on its business. […]
Read More
Bitcoin climbs past $23,000 as hopes of softer Fed action fuel crypto relief rally
The world’s largest cryptocurrency is down roughly 50% since the start of 2021. CFOTO | Future Publishing | Getty Images Bitcoin broke the $23,000 threshold for the first time in more than a month, as hopes of a rate hike less aggressive than feared from the Federal Reserve triggered a relief rally in cryptocurrencies. The […]
Read More
Global chip shortage is not over and the slowdown is ‘going to bite,’ IDC says
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images The global chip shortage is not over yet, and the war in Ukraine continues to put a strain on supplies of important parts needed, one analyst […]
Read More
Twitter-Musk trial on $44 billion deal set to begin in October after Musk loses effort to delay
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick ruled in favor of an expedited 5-day trial, to take place in October, after a hearing conducted […]
Read More
Amazon sues thousands of Facebook group administrators over fake reviews
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon on Tuesday filed a lawsuit against the administrators of more than 10,000 Facebook groups that allegedly acted as fake review brokers. The lawsuit filed […]
Read More
Looking to get your funds out of a collapsed crypto platform? Don’t get your hopes up
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Traders hoping to recoup their funds from failed cryptocurrency exchanges anytime soon are likely to end up disappointed, legal experts tell CNBC. Crypto trading and lending […]
Read More