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Wednesday, June 25th, 2025

    Technology

  • Voyager CEO made millions in stock sales in 2021 when price was near peak

    Technology | Aug 3, 2022

    Voyager CEO made millions in stock sales in 2021 when price was near peak

    CEO Steven Ehrlich made over $30 million disposing of Voyager equity as the now-bankrupt crypto lender’s shares neared an all-time high in spring 2021.

  • Alibaba could see first revenue decline on record but analysts expect sales recovery later this year

    Technology | Aug 2, 2022

    Alibaba could see first revenue decline on record but analysts expect sales recovery later this year

    Alibaba’s China commerce revenue is expected to remain under pressure due to Covid-related lockdowns in major Chinese cities during the June quarter.

  • Bankrupt crypto lending platform Celsius is trying to hire its CFO back at $92,000 a month, filings say

    Technology | Aug 2, 2022

    Bankrupt crypto lending platform Celsius is trying to hire its CFO back at $92,000 a month, filings say

    Rod Bolger was previously with the company for five months before resigning on June 30, about three weeks after the platform paused all withdrawals.

  • Match shares plunge more than 20% after online dating company misses on revenue and forecast

    Technology | Aug 2, 2022

    Match shares plunge more than 20% after online dating company misses on revenue and forecast

    Match said it’s not seeing the same level of activity now that people are socializing in person again.

  • PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company

    Technology | Aug 2, 2022

    PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company

    PayPal stock has been cut in half in 2022, but it’s getting a vote of confidence from hedge fund Elliott Management, which is also a big Pinterest investor.

  • AMD beats on earnings and revenue, but third-quarter forecast comes in light

    Technology | Aug 2, 2022

    AMD beats on earnings and revenue, but third-quarter forecast comes in light

    AMD currently has a significant market opportunity as its primary rival for PC and server chips, Intel, stumbles with execution.

  • Amazon warehouses face expanded probes into safety hazards as investigators visit three more sites

    Technology | Aug 2, 2022

    Amazon warehouses face expanded probes into safety hazards as investigators visit three more sites

    Last month, OSHA and federal prosecutors launched a probe into potential safety violations at Amazon warehouses.

  • Airbnb stock slumps despite record-breaking bookings

    Technology | Aug 2, 2022

    Airbnb stock slumps despite record-breaking bookings

    Airbnb’s revenue jumped 58% year-over-year to $2.1 billion helping to drive the company’s most profitable second quarter to date.

  • Microstrategy CEO Saylor moves to chairman role, focusing on strategy and bitcoin

    Technology | Aug 2, 2022

    Microstrategy CEO Saylor moves to chairman role, focusing on strategy and bitcoin

    MicroStrategy’s Michael Saylor is leaving his role as CEO to become Executive Chairman of the company, according to a statement on Tuesday afternoon.

  • Robinhood cutting about 23% of jobs, releases second quarter earnings

    Technology | Aug 2, 2022

    Robinhood cutting about 23% of jobs, releases second quarter earnings

    Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%.

  • Uber reports another big loss but beats on revenue, shares pop 19%

    Technology | Aug 2, 2022

    Uber reports another big loss but beats on revenue, shares pop 19%

    Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue.

  • Homeless, suicidal, down to last $1,000: Celsius investors beg bankruptcy judge for help

    Technology | Aug 2, 2022

    Homeless, suicidal, down to last $1,000: Celsius investors beg bankruptcy judge for help

    The question of who gets repaid first — should that day ever come — looms heavy over the bankruptcy proceedings of crypto lender Celsius.

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