Technology

Ether surges 13% to a two-month high after ethereum inches closer to long-awaited upgrade
Finance

Ether surges 13% to a two-month high after ethereum inches closer to long-awaited upgrade

Omar Marques | LightRocket | Getty Images Ether soared to a two-month high after developers successfully completed a final dress rehearsal for a pivotal upgrade expected to happen next month. The world’s second-biggest cryptocurrency reached a price above $1,927 at around 8:20 a.m. ET Thursday, according to data from CoinMetrics. That’s its highest level since […]

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Some social media influencers are being paid thousands to endorse cryptocurrency projects
Technology

Some social media influencers are being paid thousands to endorse cryptocurrency projects

Ben Armstrong says his crisis of conscience came in January of this year, when he realized he had to stop a business practice he — and a lot of other people in his line of work — had been engaged in for years.  Armstrong is one of the most-watched crypto influencers on YouTube. His channel, […]

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Ethereum just wrapped the final dress rehearsal for one of the most important events in crypto
Technology

Ethereum just wrapped the final dress rehearsal for one of the most important events in crypto

Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just ran a final dress rehearsal ahead of a years-awaited upgrade that’s been billed as one of the most important events in the history of crypto. Since its creation almost a decade […]

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Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon
Business

Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the latest signal that automakers […]

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Disney lowers 2024 forecast for Disney+ subscribers by 15 million
Business

Disney lowers 2024 forecast for Disney+ subscribers by 15 million

An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef Saba | Reuter Disney on Wednesday lowered its 2024 forecast for Disney+ to 215 million to 245 million subscribers, down […]

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Hackers have stolen .4 billion this year using crypto bridges. Here’s why it’s happening
Finance

Hackers have stolen $1.4 billion this year using crypto bridges. Here’s why it’s happening

Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2021. The worlds second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg via Getty Images Photographer: Akos […]

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets
Technology

Ripple Labs interested in bankrupt crypto lender Celsius’ assets

In this photo illustration, the Celsius Network logo is displayed on a smartphone screen beside Bitcoin cryptocurrencies. Rafael Henrique | SOPA Images | Lightrocket | Getty Images San Francisco-based blockchain payments company Ripple Labs, which is embroiled in a high-profile battle with the U.S. securities regulator, is interested in potentially purchasing assets of bankrupt crypto […]

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Elon Musk sells 7.92 million Tesla shares worth .88 billion
Technology

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Dimitrios Kambouris | Getty Images Entertainment | Getty Images Tesla CEO […]

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Why Chipotle would rather be loved by customers than feared by competitors
Business

Why Chipotle would rather be loved by customers than feared by competitors

People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., something its management team says is a credit to a change in marketing messaging under CEO Brian Niccol.  Chief marketing officer Chris Brandt, […]

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Nikola CEO Mark Russell to retire at the end of the year
Business

Nikola CEO Mark Russell to retire at the end of the year

Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Grebert | Bloomberg | Getty Images Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday. Russell will […]

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