Tech

Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Bitcoin mining has totally recovered from the Chinese crypto crackdown that took more than half the world’s miners offline virtually overnight earlier this year. The recovery is measured by looking at hashrate, a term used to describe the
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In this article TSLA Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Elon Musk is continuing to offload Tesla stock. The tech billionaire sold 934,091 Tesla shares, according to financial filings with the
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Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Robotic vacuum cleaners couldn’t be summoned. Whole Foods orders were suddenly canceled. Parts of Amazon’s mammoth retail operation slowed to a standstill.  Amazon Web Services,
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Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon was fined 1.13 billion euros ($1.28 billion) on Thursday by Italian antitrust regulators for abusing its market dominance. The Autorità Garante della Concorrenza e
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Elizabeth Holmes, founder of Theranos Inc., leaves federal court in San Jose, California, on Wednesday, Dec. 8, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — In her final effort to try and sway the jury in her criminal fraud trial, Theranos founder Elizabeth Holmes blasted ex-boyfriend Ramesh “Sunny” Balwani, her
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Kacper Pempel | Reuters Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the
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In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953
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For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. Now, as many retailers panic over supply chain chaos, Amazon’s costly early moves are helping it avoid the long wait times for available dock space and workers
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American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight
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U.S. Senator Ted Cruz (R-TX) addresses a news conference on Capitol Hill in Washington, October 6, 2021. Evelyn Hockstein | Reuters AUSTIN, TEXAS – The Texas power grid is struggling with fluctuating energy prices and sporadic service, but the state’s growing bitcoin mining community believes it can help fix it. Republican Sen. Ted Cruz agrees.
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In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the
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In this article CRM Bret Taylor, president and chief product officer for Salesforce.com Inc., speaks during the opening keynote of the 2019 Dreamforce conference in San Francisco on Nov. 19, 2019. Salesforce’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a
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Wind turbines and solar panels in Kayseri, Turkey. temizyurek | E+ | Getty Images The world is set to add nearly 290 gigawatts of renewable power capacity this year, according to the International Energy Agency, with the Paris-based organization expecting 2021 to “set a fresh all-time record for new installations.” Published on Wednesday, the IEA’s
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SAN JOSE, CALIF. — In emotional and at times tearful testimony on Monday, Theranos founder Elizabeth Holmes accused ex-boyfriend Ramesh “Sunny” Balwani, who was also the company’s president, of a pattern of physical and psychological abuse, including forced sex. Holmes, 37, took the stand for her fourth and final day of questioning by her defense
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Chesnot | Getty Images Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed performing cryptocurrency
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