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Category: Technology

Coinbase reports $1.1 billion in net loss, revenue drops 60% in second quarter
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Technology

Coinbase reports $1.1 billion in net loss, revenue drops 60% in second quarter

Jessica McCarthy10 August 2022 07:59
Largest cryptocurrency exchange Coinbase has reported a massive loss in both revenue and profit in the June quarter -- logging $1.1 billion in net loss as revenue declined from $2.033...
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Taiwan security officials want Foxconn to drop stake in Chinese chipmaker
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Technology

Taiwan security officials want Foxconn to drop stake in Chinese chipmaker

Jessica McCarthy10 August 2022 07:13
Taiwan's national security officials want to persuade Apple Inc's supplier Foxconn to unwind an $800 million investment in Chinese chipmaker Tsinghua Unigroup, the Financial Times reported. The deal will definitely...
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Meta raises $10 billion in first-ever bond offering
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Technology

Meta raises $10 billion in first-ever bond offering

Jessica McCarthy10 August 2022 06:57
Facebook-parent Meta Platforms Inc recently said it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business. The...
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China’s Lenovo reports flat revenue, weakest in eight quarters
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Technology

China’s Lenovo reports flat revenue, weakest in eight quarters

Jessica McCarthy10 August 2022 06:35
Lenovo Group, the world's biggest maker of personal computers, reported flat revenue for the April-June quarter when many Chinese cities were hit by Covid-19 lockdowns, marking its most subdued result...
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How to watch livestream and what to expect
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Technology

How to watch livestream and what to expect

Jessica McCarthy10 August 2022 05:52
Samsung is all set to unveil its new range of devices in a few hours from now. The company is expected to launch the Galaxy Z Fold4, Galaxy Z Flip4...
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Future is ‘Made in America’, says Joe Biden after signing $280 billion Chips & Science Act
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Technology

Future is ‘Made in America’, says Joe Biden after signing $280 billion Chips & Science Act

Jessica McCarthy10 August 2022 05:28
US President Joe Biden on Tuesday signed the historic $280 billion Chips and Science Act into law that includes $52 billion to boost domestic semiconductor manufacturing.The Chips and Science Act...
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Binance co-operates Nischal Shetty-run WazirX, says Zanmai Labs
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Technology

Binance co-operates Nischal Shetty-run WazirX, says Zanmai Labs

Jessica McCarthy10 August 2022 05:11
Stressing that Changpeng Zhao-run Binance is co-operating Nischal Shetty-run crypto platform WazirX, its parent company Zanmai Labs said on Tuesday that it has fully cooperated with the Enforcement Directorate (ED)...
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Fintech platform Mswipe gets RBI nod for Payment Aggregator license
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Technology

Fintech platform Mswipe gets RBI nod for Payment Aggregator license

Jessica McCarthy10 August 2022 04:49
Financial services platform Mswipe Technologies on Tuesday said it has received an in-principal Payment Aggregator (PA) license from the Reserve Bank of India (RBI).With this approval, Mswipe will be able...
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Last day of Amazon sale: Top deals on iPhones, iPads and other Apple devices
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Technology

Last day of Amazon sale: Top deals on iPhones, iPads and other Apple devices

Jessica McCarthy10 August 2022 03:06
Last day of Amazon sale: Top deals on iPhones, iPads and other Apple devices
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Twitter confirms issues fixed after user complaints
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Technology

Twitter confirms issues fixed after user complaints

Jessica McCarthy10 August 2022 02:46
Twitter Inc said it had fixed issues after thousands of users reported that they were having trouble accessing the micro-blogging platform. More than 27,000 users had reported outage of the...
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Twitter down for thousands of users, claims Downdetector
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Technology

Twitter down for thousands of users, claims Downdetector

Jessica McCarthy10 August 2022 02:21
FILE PHOTO: Figurines with computers and smartphones are seen in front of Twitter logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/IllustrationTwitter Inc was down for thousands of users on...
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Justice Dept. Said to Conduct New Interviews in Inquiry Into Google’s Ad Tech
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Technology

Justice Dept. Said to Conduct New Interviews in Inquiry Into Google’s Ad Tech

Jessica McCarthy10 August 2022 01:08
The Justice Department has in recent weeks conducted new interviews for its investigation into Google’s ad technology, a sign it may be moving closer to filing its second antitrust case...
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Sam Bankman-Fried’s Alameda, Voyager Digital spar in bankruptcy court
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Technology

Sam Bankman-Fried’s Alameda, Voyager Digital spar in bankruptcy court

Jessica McCarthy9 August 2022 22:40
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.Lam Yik | Bloomberg | Getty ImagesSam Bankman-Fried became a crypto billionaire and...
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Former Twitter Employee Convicted of Charges Related to Spying for Saudis
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Technology

Former Twitter Employee Convicted of Charges Related to Spying for Saudis

Jessica McCarthy9 August 2022 22:21
SAN FRANCISCO — A former Twitter employee was convicted on Tuesday by a jury in federal court of six charges related to accusations that he spied on the company’s users...
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Police dive teams join the search for Kiely Rodni, 16, at a 760-acre reservoir
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Technology Top Stories

Police dive teams join the search for Kiely Rodni, 16, at a 760-acre reservoir

Rebecca Stafford9 August 2022 22:11
Kiely Rodni, 16, was last seen at a party at the Prosser Family Camp Ground in Truckee, California, in the early hours of Saturday morning  Police dive teams have joined...
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Coinbase reports 63 percent drop in revenue amid industry slump.
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Technology

Coinbase reports 63 percent drop in revenue amid industry slump.

Jessica McCarthy9 August 2022 21:58
Coinbase, the largest cryptocurrency exchange in the United States, reported a 63 percent decline in revenue on Tuesday, as it weathers a broader downturn in the crypto market.The company said...
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Coinbase (COIN) earnings Q2 2022
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Technology

Coinbase (COIN) earnings Q2 2022

Jessica McCarthy9 August 2022 21:52
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California.Patrick T. Fallon | AFP | Getty ImagesCoinbase shares dropped...
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Chipmaker Micron tempers its projections as demand weakness worsens
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Technology

Chipmaker Micron tempers its projections as demand weakness worsens

Jessica McCarthy9 August 2022 21:44
Memory-chip maker Micron Technology cut its current-quarter revenue forecast and warned of a negative free cash flow in the following quarter as demand for chips used in personal computers and...
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Roblox (RBLX) earnings Q2 2022
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Technology

Roblox (RBLX) earnings Q2 2022

Jessica McCarthy9 August 2022 21:30
The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing.NYSERoblox reported results on Tuesday that missed...
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US President Joe Biden signs bill to boost American chips, compete with China
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Technology

US President Joe Biden signs bill to boost American chips, compete with China

Jessica McCarthy9 August 2022 21:21
US President Joe Biden signed a landmark bill to provide $52.7 billion in subsidies for US semiconductor production and research and to boost efforts to make the United States more...
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  • Justin Fields offers hope to Chicago Bears as one of NFL’s most intriguing stories | NFL News
    by Marjory Copeland
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    by Rebecca Stafford
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    by Jessica McCarthy
  • Trump seizes on FBI search to fuel backlash
    by Helen Stephens
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    Environment Agency pension fund criticised for owning stakes in UK water firms | Utilities
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Justin Fields offers hope to Chicago Bears as one of NFL’s most intriguing stories | NFL News

Dan Andrews photo makes a top doctor furious as new mask ruling is introduced

Coinbase reports $1.1 billion in net loss, revenue drops 60% in second quarter

Trump seizes on FBI search to fuel backlash

Environment Agency pension fund criticised for owning stakes in UK water firms | Utilities

On the menu at a UK restaurant: carbon footprint

National Bank Open: Andy Murray beaten in Toronto | Cameron Norrie, Dan Evans through to second round | Tennis News

Khloe Kardashian wows in a curve-clinging LBD and chic shades during recent girls’ night out

Gorilla's sliding entrance stuns zoo visitors and goes viral

Scammers took £30,000 of my wedding savings but Revolut won’t pay me back | Scams

China consumer prices hit a two-year high

Investors threaten financial stability of health care providers: New study

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