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FBI says fraud on LinkedIn a ‘significant threat’ to platform and consumers
SAN FRANCISCO — Fraudsters who exploit LinkedIn to lure users into cryptocurrency investment schemes pose a “significant threat” to the platform and consumers, according to Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, California, field offices. “It’s a significant threat,” Ragan said in an exclusive interview. “This type of […]
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Black personal finance influencers are making financial freedom a focus this Juneteenth
Troy Millings, left, and Rashad Bilal of Earn Your Leisure Source: Earn Your Leisure Social influencers focused on financial education for the Black community are emphasizing a message of financial freedom this Juneteenth as the nation commemorates the end of slavery in the United States. “I definitely feel the Juneteenth remembrance should have a level […]
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Spotify is slowing hiring by 25%, CEO says
Drew Angerer / Getty Images Spotify is slowing hiring by 25%, CEO Daniel Ek said in an email to employees on Wednesday. It’s the latest signal that companies across tech, many of which grew significantly over the early stages of the pandemic, are cutting back on staff growth as economic uncertainty looms. While job growth […]
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Apple’s new 13-inch MacBook Pro with M2 chip goes on sale Friday
Apple 13-inch MacBook Pro with M2 Apple Apple’s new 13-inch MacBook Pro with the next-generation M2 chip goes on sale Friday, June 17, and will begin arriving to customers and in stores on June 24. It starts at $1,299. It’s the first computer to launch with the M2 chip, which was announced during Apple’s developer […]
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Elon Musk to address Twitter employees for first time in town hall
SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Mike Blake | Reuters Elon Musk will speak to […]
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Oracle shares rise on better-than-expected earnings report
Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose almost 9% in extended trading on Monday after the database software company issued fiscal fourth-quarter results that exceeded analysts’ estimates. Here’s how […]
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Amazon says it will begin delivering packages by drone in California later this year
Amazon Prime Air drone Source: Amazon Amazon said Monday it will begin to deliver products using Prime Air drones in Lockeford, California, later this year. It’s the first time the company plans to use drones for customer deliveries in the United States. The company received approval in 2020 from the Federal Aviation Administration to fly […]
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Coinbase plunges more than 20% as bitcoin dives
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 20% in pre-market trading Monday. Coinbase makes a commission when people buy and sell cryptocurrencies. […]
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Wickr, Amazon’s encrypted chat app, has a child sex abuse problem — and little is being done to stop it
Pavlo Gonchar | Lightrocket | Getty Images Wickr Me, an encrypted messaging app owned by Amazon Web Services, has become a go-to destination for people to exchange images of child sexual abuse, according to court documents, online communities, law enforcement and anti-exploitation activists. It’s not the only tech platform that needs to crack down on […]
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Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company […]
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