SEC Chair Gary Gensler mocks putting a gun to his head in response to a “Blazing Saddles” reference by Rep. Emanuel Cleaver, D-Mo., during the House Financial Services Committee hearing titled “Oversight of the Securities and Exchange Commission,” in Rayburn Building on Tuesday, April 18, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images
Technology
TikTok logo is displayed on the screen of a smartphone. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images Chinese technology giant ByteDance is offering to buy back stock options from employees at a higher price than earlier this year, in a bid to boost motivation and inject confidence among employees after a challenging
Workers stand outside the Google offices after walking out as part of a global protest over workplace issues, in London, Britain, November 1, 2018. Toby Melville | Reuters A group of Google contractors, some of whom have worked on search and Google’s AI chatbot Bard, have successfully voted to unionize. The group, from Google contractor
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT CEO of Uber, Dara Khosrowshahi, speaks onstage during GE The Lean Mindset: The Pursuit Of Progress Event at Chelsea Industrial on September 06, 2023 in New York City. Ilya S. Savenok | Getty Images Entertainment | Getty Images Uber reported third-quarter results Tuesday that missed analysts’ expectations
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT This Cruise in San Francisco seemingly could not figure out how to pull aside on a narrow street to let a buss pass. Matt Rosoff, CNBC Cruise CEO and founder Kyle Vogt posted comments on Hacker News on Sunday responding to allegations that his company’s
A Chinese flag flies outside a residential compound in Beijing on April 30, 2017. Greg Baker | Afp | Getty Images Chinese companies have gained ground in global patent holdings in the cybersecurity technology sector amid growing U.S.-China tensions, according to a report from Nikkei Asia on Sunday. Chinese firms such as Huawei and Tencent accounted
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Meet Grok, the first technology out of Elon Musk’s new AI company, xAI. Grok, the company said, is modeled on “The Hitchhiker’s Guide to the Galaxy.” It
Sam Bankman-Fried stands as forewoman reads the verdict to the court. Artist: Elizabeth Williams Just before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts against him. You could have heard a pin drop in the courtroom as the forewoman repeated the word “guilty” seven times in a row into
A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he’ll remain in prison, however, is one that Judge Lewis Kaplan will spend the next few months deliberating by himself. The no-nonsense 78-year-old judge is a veteran of the Southern District of
In this article 9866-HK NIO Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Emma McIntyre | Getty Images Entertainment | Getty Images Jeff Bezos, who founded Amazon out of his Seattle garage in 1994, is leaving the city and moving to Miami to be near his parents and his space company Blue Origin. Bezos announced the decision in
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison. Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to commit wire fraud
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company’s headquarters in Cupertino, California, Sept. 12, 2023. Loren Elliott | Reuters Apple will report fourth-quarter earnings after the bell on Thursday. Analysts expect Apple to report
FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. Michael M. Santiago | Getty Images Prosecutors in Sam Bankman-Fried’s criminal fraud trial kicked off their closing argument on Wednesday, reminding the 12 jurors why they’ve spent the past four weeks sitting in a lower
In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT The SolarEdge logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Sipa USA via AP Images Shares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand struggles
Employees having a meeting in an office. Carlina Teteris | Moment | Getty Images Southeast Asia’s digital economies are set to reach $218 billion in total value of transactions this year, jumping 11% from a year ago despite global macroeconomic headwinds, a new report by Google, Temasek and Bain & Company revealed. “Southeast Asia has
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