Zoom In IconArrows pointing outwards Foundry USA A war is brewing among states to attract bitcoin miners, and new data shows that a whole lot of them are headed to New York, Kentucky, Georgia, and Texas. Within the U.S., 19.9% of bitcoin’s hashrate – that is, the collective computing power of miners – is in
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In this article FB A person using Instagram. Lorenzo Di Cola | NurPhoto via Getty Images Lakinya Francis is building a LinkedIn account, Haley Sanchez is expanding her email list and Michael Elefante plans to build out his website. “We get so fixated on what’s working and that’s fine but we need to have a
Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple filed a notice of appeal in the Epic Games case and is asking for a stay on the injunction that lets developers add in-app links
In this article FB Former Facebook employee and whistleblower Frances Haugen testifies during a Senate Committee on Commerce, Science, and Transportation hearing entitled ‘Protecting Kids Online: Testimony from a Facebook Whistleblower’ on Capitol Hill, October 05, 2021 in Washington, DC. Jabin Botsford | Getty Images The following is a selection from Big Technology, a newsletter
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
Carlos Watson records a TV debate for Take On America With OZY at The Bently Reserve on October 29, 2018 in San Francisco, California. Kimberly White | Getty Images Several former employees of Ozy Media say there is no evidence that the millions of dollars the company received through a federal Covid relief program to
Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday announced its decision to sell its MoPub mobile advertising network to mobile game developer
Philippe Laffont, founder and chief investment officer of Coatue Management LLC. Chris Goddney | Bloomberg | Getty Images LONDON — U.S. hedge fund Coatue Management is planning to set up a new office in Europe as part of an effort to capitalize on the continent’s growing tech industry. The news was first reported by Bloomberg
Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019. Bill Clark | CQ-Roll Call, Inc. | Getty Images As senators absorbed Tuesday’s testimony from the Facebook
In this article TSLA Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters A San Francisco federal court decided that Tesla must pay a former worker, Owen Diaz, around $137 million after he endured racist abuse working for the company, his attorneys told CNBC on Monday.
In this article FB Tom Weller | DeFodi Images | Getty Images Facebook, Instagram and WhatsApp are down. The websites and apps for all of the services were responding with server errors, and reports on DownDetector.com showed the outages appear to be widespread but it’s unclear if it impacts all users or just some locations.
In this article FB Olivier Douliery | AFP | Getty Images A Facebook whistleblower who brought internal documents detailing the company’s research to The Wall Street Journal and the U.S. Congress unmasked herself ahead of an interview she gave to “60 Minutes,” which aired Sunday night. Frances Haugen, a former product manager on Facebook’s civic
traffic_analyzer | Getty Images We thought the carnage was over for popular decentralized finance, or DeFi, staking protocol Compound, but as it turns out, millions more than we thought are at risk. About $162 million is up for grabs after an upgrade gone very wrong, according to Robert Leshner, founder of Compound Labs. The price
In this article TSLA The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900
September was a rough month for crypto investors, in particular for those betting big on ether, the token tied to the ethereum blockchain. Ether dropped 13% for the month, its second-biggest monthly decline in the past year, behind only a 16% slide in June. Bitcoin fell 7% in September. It’s difficult to link short-term price