When potentially dangerous food gets into the marketplace, brands may work together with government agencies to protect consumers by recalling the affected items. But even if a potentially harmful product is no longer for sale, it could still be lurking in unsuspecting consumers’ kitchens or pantries. Such is the case with the latest public health … Read more
Coinbase co-founder and CEO Brian Armstrong.PATRICK T. FALLON/AFP via Getty Images Many are calling for Coinbase users to move crypto to hardware wallets, or physical storage devices. Coinbase disclosed Tuesday that it could absorb users’ crypto in the unlikely event of bankruptcy. Experts say the wallets, which resemble USB drives, are like “putting something in … Read more
Less than twenty-four hours after announcing the closing of its purchase of an Ohio assembly plant from Lordstown Motors, Foxconn and its partner Fisker Inc. announced the facility will soon be home to production of the latter’s upcoming PEAR EV. We first learned of Project PEAR, an acronym for Personal Electric Automotive Revolution, in February … Read more
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, May 13 (Reuters) – Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record … Read more
Sam Bankman-Fried, the billionaire founder of cryptocurrency exchange FTX, has amassed a 7.6 per cent stake in online retail brokerage Robinhood, calling it an “attractive investment”. Bankman-Fried said in a securities filing he has no “intention of taking any action toward changing or influencing the control of [Robinhood]” and bought the stake purely as an … Read more
Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures. The stock market saw big intraday swings Thursday, with the S&P 500 nearly entering a bear market before the major indexes rebounded to close narrowly mixed, while beaten-up small caps and story stocks rebounded. X Apple (AAPL) and Tesla stock, the two … Read more
US stock futures opened lower Thursday evening, with the major indexes heading for weekly losses as concerns over persistent inflation and the resilience of the US economy stirred up further volatility. Contracts on the S&P 500 dropped in late trading. Earlier, the index closed within striking distance of a bear market, typically defined as a … Read more
CEO of Salesforce Marc Benioff attends a meeting with US President Joe Biden and private sector CEOs in the State Dining Room of the White House on January 26, 2022 in Washington, DC. Drew Anger | Getty Images Salesforce told employees in a Slack message on Thursday that the company will help them relocate if … Read more
The family of a 10-year-old girl who choked herself to death as part of a TikTok challenge is suing the video platform for negligence and having a ‘defective design.’ Nylah Anderson of Philadelphia was found unconscious in her mom’s bedroom closet on December 7. She hung herself from a purse strap after seeing videos related … Read more
Elon Musk says Donald Trump should skip the 2024 election even as he vows to restore the former president’s Twitter account. The Tesla CEO shared his views on US politics in a series of tweets Thursday evening. He said Trump shouldn’t run for office because a ‘less divisive candidate would be better in 2024,’ before … Read more