Eight states file enforcement actions against crypto-lending platform Nexo
The filings state the company offered investors interest-earning accounts without first registering them as securities.
Technology
Netflix says it’s opening a video game studio in Finland as streamer tries to boost audience numbers
Netflix announced it will be opening an internal game studio in Finland as the streaming giant tries to boost its...
Feds commit $50 million to for-profit nuclear fusion companies, chasing the ‘holy grail’ of clean energy
The $50 million is help companies prepare detailed plans, but it is not enough money to fund the full construction...
Amazon’s second Prime Day sale will take place Oct. 11-12
Amazon is adding another day for online deals, which could help jumpstart holiday shopping as the company faces slowing sales...
Walmart enters the metaverse with Roblox experiences aimed at younger shoppers
Walmart is experimenting with other ways to reach shoppers, including shoppable recipes, livestreaming events and an augmented reality tool for...
Apple begins making the iPhone 14 in India, marking a big shift in its manufacturing strategy
Apple usually manufactures older iPhone models in India. With the iPhone 14, Apple is producing the latest model in its...
Tech stocks just had their worst two-week stretch since the start of the pandemic
The Nasdaq has dropped more than 5% in consecutive weeks, dampening enthusiasm around what had been a good start to...
Google CEO Pichai tells employees not to ‘equate fun with money’ in heated all-hands meeting
Google CEO Sundar Pichai expressed some annoyance at this week's all-hands meeting as he sought to clarify and defend cost...
DocuSign names former Google executive Allan Thygesen as new CEO
DocuSign's growth has slowed with the pandemic boom subsiding. Soon an advertising-sales expert will take over at the electronic-signature software...
Apple issues iPhone update to fix shaking camera, hard reset bugs
Apple on Thursday issued an update to the iPhone's operating system that fixes several bugs that cropped up as part...
Amazon loses effort to exclude Jassy and Bezos from testifying in FTC Prime probe
The Federal Trade Commission rejected Amazon's bid to exclude CEO Andy Jassy and founder Jeff Bezos from testifying in a...
Facebook whistleblower Frances Haugen launches nonprofit to make social media healthier
Beyond the Screen will create an open-source database of ways "Big Tech is failing in its legal and ethical obligations...
Apple’s new AirPods Pro are worth the $249 even if you already own the older version
Apple's new AirPods Pro headphones are the best new thing the company released this fall. Here's why I think the...
Chinese state media claims U.S. NSA infiltrated country’s telecommunications networks
The U.S. National Security Agency (NSA) gained access to China's telecommunications network after hacking a university, state media alleged.
SoftBank CEO Masayoshi Son seeking ‘strategic alliance’ between chipmaker Arm and Samsung
SoftBank CEO Masayoshi Son said he is seeking a "strategic alliance" between chipmaker Arm, and South Korean tech conglomerate Samsung.
Amazon, Microsoft and Google face UK probe over dominance in cloud computing
Ofcom, the U.K. media watchdog, is set to launch a study examining the role of Amazon, Microsoft and Google in...
Xpeng breaks out of a lower price range with its most expensive car to date
Chinese electric car start-up Xpeng has released its most expensive car to date, marking the company's foray into a higher...
The U.S. and its allies are joining forces on chips. That could stop China reaching the next level
Leading chipmaking nations including the U.S. and South Korea have looked to forge partnerships around semiconductors. But China is not...
FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round
Crypto exchange FTX is looking to raise more money as the company seeks to expand its portfolio during the market...
Salesforce aims for 25% operating margin in 2026 with more efficient spending
Salesforce shares rose almost 3% in after hours trading following the company's revised outlook.