Technology
BuzzFeed investors have pushed CEO Jonah Peretti to shut down entire newsroom, sources say
BuzzFeed founder and CEO Jonah Peretti Manuel Blondeau | AOP.Press/Corbis | Getty Images BuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people familiar with the matter describe as broader investor concern that the division is weighing down the company. Several large shareholders have urged BuzzFeed CEO Jonah Peretti to shut […]
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Rocket builder Firefly aiming for second launch attempt in May, raises $75 million
The company’s inaugural Alpha rocket launches from Vandenberg Space Force Base in California on Sept. 2, 2021. Firefly Aerospace WASHINGTON – Firefly Aerospace aims to make its second attempt to reach orbit with its Alpha rocket in the coming weeks, having received government approval to resume launch operations after a controversial investor sold his stake. […]
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The NFL will now let teams seek limited blockchain sponsorships, but cryptocurrency promotion remains banned
A football with the NFL logo Jacob Kupferman | Getty Images The National Football League, in a memo issued Tuesday, granted teams limited permission to seek blockchain sponsorships, a partial reversal from late last summer, as the technology grows in popularity among the organization’s fans and athletes. The league said it made the decision to […]
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BuzzFeed says people are spending less time on Facebook
The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background. Igor Golovniov | SOPA Images | LightRocket | Getty Images BuzzFeed’s earnings call Tuesday morning pointed to a continuing theme in tech: consumers are moving away from Meta’s Facebook. “At this point in the quarter, we continue […]
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Britain’s Royal Mint to build plant that will extract gold from electronic waste
Smith Collection/Gado | Archive Photos | Getty Images LONDON — Britain’s Royal Mint plans to build a facility that will extract gold from electronic waste, with the plant set to be fully up and running in 2023. In a statement Monday, the government-owned company which manufactures precious metal products and coins said it would use […]
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Alphabet’s quantum tech group Sandbox spins off into an independent company
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Sandbox, Alphabet’s quantum technology group, is spinning off into an independent company, it announced Tuesday. Alphabet has been relatively quiet about Sandbox, which was launched in […]
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Authentication firm Okta says it has found no evidence of new attack after hackers claim breach
In this photo illustration an Okta logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Identity management firm Okta has said it found no evidence of ongoing malicious activity after a group called Lapsus$ posted pictures claiming to have hacked the company. Lapsus$ posted screenshots on its Telegram […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks higher after breaking multiday win streaks Traders on the floor of the NYSE, March 18, 2022. Source: NYSE 2. Ukraine retakes Kyiv suburb; Biden says Putin ‘against the wall’ Service members of the Ukrainian […]
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UK watchdog puts 50 crypto companies on notice over ‘misleading’ ads
A bitcoin ATM inside a shop in Finsbury Park, London, on Feb. 4, 2022. Luke MacGregor | Bloomberg | Getty Images LONDON — Over 50 cryptocurrency companies have been sent enforcement notices by the U.K.’s advertising watchdog as part of a regulatory crackdown on promotions in the industry. The Advertising Standards Authority said Tuesday it […]
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Elon Musk to officially open German factory as Tesla looks to ease demand pressure
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk will officially open Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure off its other factories in […]
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