Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year. Nurphoto | Getty Images The price of bitcoin fell sharply and suddenly to start the week as investors awaited a major Federal Reserve policy decision and digested concerns around Binance. Bitcoin was last
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Daniel Ek, CEO of Swedish music streaming service Spotify. Toru Yamanaka | AFP | Getty Images Spotify on Monday announced it will increase the price of its Premium subscription offerings by as much as $2, which translates to a 20% increase for some plans. The company said the market landscape has “continued to evolve” since
An effigy of Elon Musk is seen on a mobile device with the X and Twitter logos in the background in this photo illustration on 23 July, 2023 in Warsaw, Poland. Jonathan Raa | Nurphoto | Getty Images Twitter owner Elon Musk officially changed the company’s famous bird logo to an “X” on Monday as
In this article 2317-TW Follow your favorite stocksCREATE FREE ACCOUNT This month, Foxconn pulled out of its joint venture with Vedanta. The two sides “mutually agreed to part ways,” Foxconn said in a statement at the time. Sopa Images | Lightrocket | Getty Images Foxconn is best known as the main assembler of Apple’s iPhones.
The Nauru ring road runs right around the Island nation of Nauru. (C) Hadi Zaher | Moment | Getty Images Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker-state, a lawsuit filed in Delaware
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Shares of Digital World Acquisition Corp. — the shell company seeking to take former President Donald Trump‘s social media platform public — soared more
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk‘s multiple ventures and the relationships between them are facing increased scrutiny as the Tesla CEO continues to add more to his
Indicted FTX founder Sam Bankman-Fried exits United States Court in New York City, June 15, 2023. Mike Segar | Reuters Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued in Delaware bankruptcy court on Thursday by his ex-company’s lawyers, who accuse him and members of his leadership team of stealing hundreds of millions of
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and design leader Franz von Holzhausen show their latest Cybertruck design at a factory grand opening in Austin, Texas. Tesla Inc. Shares of electric automaker Tesla fell by more than 4% in pre-market trading Thursday, after investors soured on initially positive
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Workers at TSMC Semiconductor Manufacturing Facility in Phoenix, Arizona, on December 6, 2022. Brendan Smialowski | AFP | Getty Images Taiwan Semiconductor Manufacturing Company will delay production at its new Arizona-based chip plant to 2025 due to a shortage of skilled labor, the company’s chairman
A man takes a photo with a Samsung phone with multiple cameras in Old Delhi, India on Oct. 28, 2022. Nasir Kachroo | NurPhoto | Getty Images India’s smartphone market stabilized in the second quarter with 36.1 million units shipped, according to a report by Canalys. That figure represents a 1% dip from a year
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported second-quarter earnings on Wednesday that topped analysts’ estimates as the company expanded its
Rep. Mike Gallagher, R-Wis., is seen outside the U.S. Capitol after the last votes of the week on Thursday, June 15, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images The House Select Committee on the Chinese Communist Party sent letters to four separate U.S. venture capital firms, including Qualcomm’s venture arm, expressing “serious
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT CEO of Apple Tim Cook arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 11, 2023. Kevin Dietsch | Getty Images Apple stock popped briefly Wednesday after a report said the company was developing its
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla reports
Pavlo Gonchar | Lightrocket | Getty Images Microsoft and Activision Blizzard on Wednesday agreed to extend the deadline for their merger agreement until Oct. 18, Activision said in a statement on Wednesday. The two companies had originally agreed to complete the transaction by July 18, but regulatory pushback from the U.S. and the U.K. delayed
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google on Wednesday is starting a new pilot program where some employees will be restricted to internet-free desktop PCs, CNBC has learned. The
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. Nadella gave a keynote speech at an event hosted by the company’s Korean unit. SeongJoon Cho | Bloomberg | Getty Images Microsoft shares closed at a record on
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft, speaks during an interview in Redmond, Washington, March 15, 2023. Bloomberg | Bloomberg | Getty Images Microsoft shares rose more than 5% on Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365: The company will
In this article META MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at court in San Francisco on June 28, 2023. Shelby Knowles | Bloomberg | Getty Images Microsoft went big on artificial intelligence with its multibillion-dollar investment in OpenAI, whose chatbot technology is being used alongside search and other key
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