Technology
The digital media rollup dream is dead for the moment — now it’s all about core brand strength
BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images When a marriage or an engagement fails, it’s common for the participants to take […]
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Bank turmoil is boosting urge for food for unique sector ETFs. Here’s why
ETF Edge Lender turmoil is boosting appetite for certain sector ETFs. Here’s why Posted Sat, Mar 25 202311:00 AM EDT Sean Conlon@SeanAustin96 Check out Reside Resource
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How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
ACCRA, GHANA – On the afternoon of Dec. 26, 2022, Chris Maurice finally capitulated and went to the emergency room at Hospital Clinic de Barcelona, just west of the city’s gothic quarter. For roughly ten months, the 26-year-old CEO of the largest centralized crypto exchange in Africa had ignored many of the symptoms consistent with […]
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Apple CEO Tim Prepare dinner praises China’s innovation, long background of cooperation on Beijing pay a visit to
The world’s largest Apple iphone manufacturing unit, located in China and operate by Foxconn, confronted disruptions in 2022. That is probable to filter through to Apple’s December quarter final results. In the meantime, analysts questioned demand for the Apple iphone 14 from Chinese individuals. Nic Coury | Bloomberg | Getty Visuals Apple CEO Tim Cook […]
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Intel co-founder Gordon Moore, creator of ‘Moore’s Regulation,’ dies at 94
Gordon Moore in 2007 Getty Visuals Intel co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Regulation” predicted a steady rise in computing electrical power for a long time, died Friday at the age of 94, the company announced. Intel and Moore’s relatives philanthropic foundation reported he died surrounded by family at his property in Hawaii. Co-launching Intel in 1968, Moore was the rolled-up-sleeves engineer in just […]
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Space companies Spire and Momentus get stock exchange delisting warnings
Spire Global at the New York Stock Exchange, August 17, 2021. Source: NYSE A pair of space companies received delisting warnings on Friday, according to securities filings, as both ventures’ stock prices stood below $1 a share. Small satellite builder and data specialist Spire Global received a notice from the New York Stock Exchange, while […]
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Activision improved illustration of females and non-binary persons by 2 proportion factors as it faces 2025 target
KIEV, UKRAINE SOPA Visuals | LightRocket | Getty Visuals Online video game publisher Activision Blizzard greater illustration of women and non-binary people by 2 proportion details from November 2021 to December 2022, according to information shared with CNBC. The organization mentioned ladies and non-binary employees represented 24.3% of its workforce in November 2021 but that figure […]
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Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9
Rocket Lab is building a bigger, reusable launch vehicle called Neutron, and it’s targeting a price point near $50 million per launch to challenge Elon Musk’s SpaceX. “We are positioning Neutron to compete directly with the Falcon 9,” Rocket Lab Chief Financial Officer Adam Spice said earlier this week, speaking at a Bank of America […]
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Blue Origin says an overheated engine part caused last year’s cargo rocket failure
The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster’s engine failed. Blue Origin Jeff Bezos’ space company Blue Origin released findings from an investigation into the failed flight of a cargo mission last year, which it says was due to an issue in the rocket’s engine nozzle. The […]
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Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade
A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case directly to the shareholders. In a letter seen by CNBC on […]
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