Chris Hondros | Newsmakers | Getty Images For the first time in five years, tech investors aren’t the life of the Wall Street party. As 2021 winds down, the tech-heavy Nasdaq Composite is up 23% for the year, trailing the S&P 500, which has climbed 28%, through Monday. The last two times the S&P 500
Technology
In this article AMZN Twenty/20 Alexa, Amazon’s virtual assistant, is not designed to endanger human lives but that’s exactly what it did over the weekend when it told a 10-year-old girl to touch a live electrical plug with a penny. The suggestion was given out via an Echo smart speaker after the girl asked Alexa
In this article SPOT Northvolt’s battery factory in the north of Sweden in June. Northvolt Swedish battery maker Northvolt announced Wednesday it has produced its first lithium-ion battery cell at its factory in Skelleftea, meeting its deadline to start production at the plant before the end of 2021. Northvolt, which was valued at $12 billion
In this article TSLA Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car and solar business according
The rising cases of the omicron Covid-19 variant in the U.S. are a major catalyst for the falling cryptocurrency prices in December, according to investors and analysts. Ethereum is up more than 400% in 2021, but on pace for it’s worst month since March 2020 as investors reassess their exposure to riskier assets following the
In this article INTC AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple‘s decision to ditch Intel paid off this year. The pivot allowed Apple to completely rethink the Mac, which had started to
A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021. Dado Ruvic | Reuters Crypto giant Binance is bolstering its presence in France after a choppy year of regulatory scrutiny. The world’s largest cryptocurrency exchange is financing a 100 million euro ($113 million) initiative with industry group France FinTech in an
Thought AI, an adaptive artificial intelligence systems development company, has contributed 1 million of its THT cryptocurrency coins to the recently launched Howard Bloom Institute, an international think tank led by Howard Bloom, the man dubbed by Britain’s Channel 4 TV as the “next in a lineage of seminal thinkers that includes Newton, Darwin, Einstein,
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the
In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that
In this article AAPL A man passes by iPhone 13 Pro ad on an Apple storefront in Krakow, Poland on September 30, 2021. Jakub Porzycki | NurPhoto | Getty Images Apple shares were down nearly 3% Thursday following a Bloomberg report that said the company warned its suppliers demand is lower than expected for new
In this article HRB Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015. Lucas Jackson | Reuters Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond
In this article CRM Bret Taylor, president and chief product officer for Salesforce.com Inc., speaks during the opening keynote of the 2019 Dreamforce conference in San Francisco on Nov. 19, 2019. Salesforce’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a
In this article AAPL Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple stock was up more than 2% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as