Technology

Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013.  Bloomberg | Bloomberg | Getty Images LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC. The sources,

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts. On Wednesday, banks and hedge funds with more than $100 million

More and more Americans are losing thousands of dollars to a scheme that takes fraudsters weeks or months to pull off. “Pig butchering” scams earned the name from the idea that scammers use flattery and fake bonding to “fatten up” their victims. The strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies.

An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images On a recent weekday morning, John Case heard a familiar buzzing outside his quiet suburban home in College Station, Texas. He recognized it immediately as one of Amazon‘s

Nomadsoul1 | Istock | Getty Images The question “What is a thought?” is no longer strictly a philosophical one. Like anything else measurable, our thoughts are subject to increasingly technical answers, with data captured by tracking brainwaves. That breakthrough also means the data is commodifiable, and captured brain data is already being bought and sold

The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the health-care software giant whose technology is used in thousands of hospitals and clinics across the country, said on Friday that it’s planning on moving all of its customers to a new government-backed medical records exchange by the end

Revolut cards are seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty Images British fintech startup Revolut on Friday said it was valued at $45 billion in a secondary share sale with existing and new investors. “This valuation reflects the strong financial performance recorded by

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top- and bottom-line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. Here’s

Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares jumped about 8% on Thursday and headed for their best day since March 2020, after the computer networking company said it’s cutting 7% of

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | Getty Images Tencent-backed payments startup Airwallex is nearing an annual revenue run rate of $500 million and will look to get ready for an initial

An 1:2 scale model of the Anduril Fury, a multi-mission group 5 autonomous air vehicle (AAV), at Anduril’s headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023.  Kyle Grillot | Bloomberg | Getty Images Defense start-up Anduril Industries announced Wednesday that it raised $1.5 billion in funding for its Series F round, valuing the

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its 1.18 million share stake in British chip firm Arm Holdings, according to a regulatory filing, as the California chip designer shores up its balance sheet

Google announced its first smartphone fully powered by its AI “Gemini” system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this handout picture obtained on June 6, 2024.  Spacex | Via Reuters Elon Musk’s SpaceX violated environmental regulations by repeatedly releasing pollutants into or near bodies

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa Images | Lightrocket | Getty Images Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around

Venezuela’s President Nicolas Maduro addresses the media during an event to sign an agreement to recognize the electoral results of the presidential elections of July 28, at the National Electoral Council, in Caracas, Venezuela, June 20, 2024.  Miraflores Palace | Via Reuters Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking site