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Saturday, June 21st, 2025

    Technology

  • Crypto exchange CoinFlex is raising $47 million through a new coin after a major investor fails to pay debt

    Technology | Jun 28, 2022

    Crypto exchange CoinFlex is raising $47 million through a new coin after a major investor fails to pay debt

    CoinFlex said it would issue $47 million of a digital coin it is calling Recovery Value USD after the company halted withdrawals for customers.

  • Amazon will have two Prime shopping events this year, second one coming in Q4

    Technology | Jun 27, 2022

    Amazon will have two Prime shopping events this year, second one coming in Q4

    Amazon is increasingly looking beyond Prime Day to drum up sales and attract new members to its discount club.

  • Trump SPAC deal threatened by federal criminal probe

    Technology | Jun 27, 2022

    Trump SPAC deal threatened by federal criminal probe

    A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a SPAC.

  • UiPath to cut 5% of its workforce as part of restructuring plan

    Technology | Jun 27, 2022

    UiPath to cut 5% of its workforce as part of restructuring plan

    UiPath will reduce roughly 5% of its total workforce as a part of the company’s restructuring plan

  • Some tech leaders are turning layoffs, hiring freezes into opportunity

    Technology | Jun 27, 2022

    Some tech leaders are turning layoffs, hiring freezes into opportunity

    Layoffs and hiring freezes are providing access to top talent in a tight labor market, a majority of senior tech executives responding to a CNBC survey say.

  • One of the most prominent crypto hedge funds just defaulted on a $670 million loan

    Technology | Jun 27, 2022

    One of the most prominent crypto hedge funds just defaulted on a $670 million loan

    Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan for more than $670 million.

  • Tencent wants to be foreign automakers’ go-to company for tech in China’s electric car market

    Technology | Jun 27, 2022

    Tencent wants to be foreign automakers’ go-to company for tech in China’s electric car market

    Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China’s EV market.

  • CEO of $4.8 billion fintech Wise faces investigation over tax breach

    Technology | Jun 27, 2022

    CEO of $4.8 billion fintech Wise faces investigation over tax breach

    The probe could have significant ramifications for Wise and its chief executive.

  • Fierce local battles over power lines are a bottleneck for clean energy

    Technology | Jun 26, 2022

    Fierce local battles over power lines are a bottleneck for clean energy

    The deployment of renewable energy, like wind and solar, is being hamstrung by the United States’ dysfunctional and dilapidated network of power lines.

  • Meet the architect helping tech companies like Intuit redesign offices for hybrid work

    Technology | Jun 26, 2022

    Meet the architect helping tech companies like Intuit redesign offices for hybrid work

    Clive Wilkinson designed the Googleplex, now he’s helping build workplaces that accommodate the needs of hybrid work.

  • El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances

    Technology | Jun 25, 2022

    El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances

    The government’s crypto coffers have been cut in half, bitcoin adoption nationwide isn’t really taking off, and the country has big upcoming debt payments.

  • Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs

    Technology | Jun 25, 2022

    Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs

    The tech industry remains “desperate” for talent as it continues to grow despite recession fears.

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