Search results for "big tech"

Wall Street Ends Sharply Higher on Sign of Cooling Inflation

The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation in October sparked speculation the Federal Reserve might become less aggressive with interest rate hikes. Stocks in sectors across the board surged as the latest consumer price data cheered investors […]

Why the Meta Share Price Collapse Might Be a Good Thing

Meta’s share price is collapsing, and the social media giant is on a major downturn. The thus far ruling social media giant of our time, the owner of Instagram, Facebook, and WhatsApp, is experiencing the worst 2 consecutive quarters  of its existence. The Meta stock has collapsed and users are still fleeing the platforms, meanwhile […]

Factbox-Corporate America Braces for Downturn With Job Cuts

Meta Platforms Inc on Wednesday became the latest U.S. company to cut jobs to rein in costs amid tightening monetary policy and growing fears of a recession. Job cuts announced by U.S.-based employers jumped 13 percent to 33,843 in October, the highest since February 2021, a report said. Here are some of the major job […]

6G Vision for 2030: What to Expect

5G networks are still rolling out globally. Many regions still operate using 4G and, in some cases, 3G networks. It might seem a bit early to talk about 6G networks when you factor in that not everyone uses 5G. In hindsight, technology strives to push the envelope. 6G vision for 2030 will take time to […]

Binance Plans to Buy Rival Ftx in Bailout as Crypto Market Crumbles

Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX’s non-U.S. unit to help cover a “liquidity crunch” at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies. The deal between high-profile rivals Sam Bankman-Fried, FTX’s CEO, and Binance CEO Changpeng Zhao came as speculation about FTX’s […]

Explainer-Crypto Industry Spends Millions on U.S. Midterm Elections

The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]

Cryptoverse-Elon Musk Frees the Bird and the Dog Coin Flies

It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame. Dogecoin’s price doubled after the Tesla tycoon completed the $44 billion deal. It was trading at about $0.07 on Oct. 27 before Musk tweeted “the bird is freed” to announce his […]

7 P2E NFT Games with a Low Barrier to Entry

There are some genuinely profitable and fun NFT games out there for anyone to enjoy, except not anyone can join them without breaking their bank. If you want to start playing games for money without spending a fortune, here are 5 low-barrier to entry P2E NFT games to mark on your map. While many are […]

Apple Warns of Lower iPhone Shipments as COVID Curbs Hobble China Plant

Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season. Demand for high-end smartphones assembled at Foxconn’s Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered […]

The Dropbox Data Breach

The dropbox data breach that recently took place highlighted prior security breaches. The passwords and data compromised come within an extensive list of primarily exposed credentials. It seems like dropbox is a frequent target for hackers. Dropbox might be considered negligent, but is that the case? Let us reflect further. How Did it Happen Like […]