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Friday, June 20th, 2025

    Technology

  • Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars each

    Technology | Jun 22, 2022

    Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars each

    Zuckerberg is happy with the progress of Meta Platforms’ Quest 2 headset. Now he has a big goal for 2030 that involves a user base spending meaningfully.

  • Tim Cook gives clearest hint yet that Apple’s building a headset

    Technology | Jun 22, 2022

    Tim Cook gives clearest hint yet that Apple’s building a headset

    Apple CEO Tim Cook recently gave the closest thing to a confirmation that Apple’s building a headset.

  • Amazon CEO acknowledges loss of Black leaders in internal memo

    Technology | Jun 22, 2022

    Amazon CEO acknowledges loss of Black leaders in internal memo

    Andy Jassy wrote in an internal company memo, “it’s not lost on any of us that we’re losing two of our most senior black leaders.”

  • Bitcoin billionaire Sam Bankman-Fried bails out embattled crypto firms BlockFi and Voyager

    Technology | Jun 22, 2022

    Bitcoin billionaire Sam Bankman-Fried bails out embattled crypto firms BlockFi and Voyager

    Bankman-Fried has emerged as something of a savior for the $900 billion crypto market as it faces a deepening liquidity crunch.

  • Crypto custodian Prime Trust raises $100 million to add IRAs, staking to services suite

    Technology | Jun 22, 2022

    Crypto custodian Prime Trust raises $100 million to add IRAs, staking to services suite

    Crypto custody and infrastructure startup Prime Trust raises more than $100 million in Series B funding to expand its suite of financial products and services.

  • Raw material costs for electric vehicles have doubled during the pandemic

    Technology | Jun 22, 2022

    Raw material costs for electric vehicles have doubled during the pandemic

    Raw material costs for electric vehicles more than doubled during the coronavirus pandemic, according to a new report Wednesday by AlixPartners.

  • Another ‘algorithmic’ stablecoin has fallen below its $1 peg — but experts say it’s not ‘Terra 2.0’

    Technology | Jun 22, 2022

    Another ‘algorithmic’ stablecoin has fallen below its $1 peg — but experts say it’s not ‘Terra 2.0’

    USDD, a so-called “algorithmic” stablecoin that’s meant to always be worth $1, plunged as low as 93 cents on Sunday.

  • Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

    Technology | Jun 22, 2022

    Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

    Closing arguments in the criminal fraud trial of former Theranos COO Ramesh “Sunny” Balwani kicked off Tuesday.

  • Bitcoin could plunge even further to a low of $13,000, one strategist warns

    Technology | Jun 22, 2022

    Bitcoin could plunge even further to a low of $13,000, one strategist warns

    Ian Harnett, co-founder of Absolute Strategy Research, said past crypto rallies show bitcoin tends to fall roughly 80% from all-time highs.

  • DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising

    Technology | Jun 21, 2022

    DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising

    The DOJ claimed that Meta targeted users with housing ads based on algorithms that relied partly on characteristics protected under the Fair Housing Act.

  • Amazon loses two Black executives, including one on leadership team

    Technology | Jun 21, 2022

    Amazon loses two Black executives, including one on leadership team

    Alicia Boler-Davis was in the running for position leading consumer business and operations.

  • Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

    Technology | Jun 21, 2022

    Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

    Meta, formerly Facebook, is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies.

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