The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon is opening a pop-up […]
TECHONOLOGY
Bitcoin drops below $30,000
Bitcoin tumbled below $30,000 on Thursday, as the cryptocurrency continued its 2021 slide after quadrupling in value last year. The digital currency dropped 17% to $29,246.77, wiping out about $100 billion from the market, according to data from CoinDesk. It’s now down more than 30% since peaking at $41,940 earlier […]
Alphabet cancels Loon, project to beam internet to earth from balloons
Google parent-company Alphabet is saying goodbye to another one of its long-term experimental bets — this time, it’s Loon, the gigantic balloons the company had hoped to beam internet to rural areas of the world. “While we’ve found a number of willing partners along the way, we haven’t found a […]
Earnings slide may have leaked early
Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images On Thursday, financial wires published details of Intel’s fourth-quarter earnings results minutes ahead of the markets […]
IBM earnings Q4 2020
SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference in New York on June 16, 2016. Brian Ach | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the company reported fourth-quarter revenue that fell short of analysts’ […]
Amazon doesn’t have to put Parler back online, says judge
The Parler logo is seen on an Apple iPhone. Jaap Arriens | NurPhoto | Getty Images A U.S. judge has refused to order Amazon to bring Parler back online, delivering a blow to the upstart social media network. Parler had become a haven for many conservatives and Trump supporters who […]
Intel (INTC) earnings Q4 2020
Bob Swan, then-interim chief executive officer and chief financial officer of Intel Corp., reacts during the inauguration of the company’s research and development facility in Bengaluru, India, on November 15, 2018. Samyukta Lakshmi | Bloomberg | Getty Images Intel stock rose more than 7% on Thursday as the chipmaker reported […]
How to put Bernie Sanders into Google Maps Street View or Snapchat
Sen. Bernie Sanders in a meme from the “Bernie Sits” generator. An image of Sen. Bernie Sanders became an instant sensation Wednesday after the senator was photographed sitting cross-armed in knit mittens, a mask and a winter parka at President Joe Biden’s inauguration ceremony. Before long, the image had spread […]
John Chambers says his start-ups are skipping over Silicon Valley
The ongoing exodus of Silicon Valley is a warning sign for the future of the state, former Cisco CEO John Chambers told CNBC on Thursday. “We’re in trouble. We’re a state that is taking an entitlement approach, it’s not a good state to do business,” Chambers, who founded JC2 Ventures, […]
Facebook is referring Trump ban to its Oversight Board
President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, Jan. 20, 2021. Al Drago | Bloomberg | Getty Images Facebook on Thursday announced that it will refer its decision to indefinitely suspend […]