In this article ZM Zoom will continue to be relevant after the pandemic even when people return to the office, according to an executive from the video communications company. More organizations are moving toward a hybrid work model in which employees work both in the office and from home each week. “I think there are
Technology
Chesnot | Getty Images For years, the U.S. government has maintained a side hustle auctioning off bitcoin and other cryptocurrencies. Historically, Uncle Sam has done a pretty lousy job of timing the market. The 500 bitcoin it sold to Riot Blockchain in 2018 for around $5 million? That’s now worth north of $23 million. Or
Chris Ratcliffe | Bloomberg | Getty Images When Kickstarter unveiled its ambition to develop a blockchain-based crowdfunding system, the company characterized the move as a way to push creators closer to their audiences. “Backers should be able to easily discover and participate more deeply in projects, better control their data, and have more robust tools
Chairman of Disney Michael Iger arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images New year prediction pieces are a journalism standard. But instead of giving my own projections, I asked 10 media executives, the promise of anonymity, to give me their
Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz is buying the dip. Again. The billionaire co-founder and CEO of cloud software vendor Asana bought $81 million worth of the company’s stock this week as part of a pre-arranged trading plan, bringing his purchases for the
The future of bitcoin is anyone’s guess, but one academic has warned that the world’s most popular cryptocurrency could fade out in the near future. Eswar Prasad, senior professor of international trade policy at Cornell University, told CNBC’s “Squawk Box Europe” earlier this month: “Bitcoin itself may not last that much longer.” Bitcoin’s price has
An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple told staff on Wednesday that it is delaying a planned return to offices for corporate workers until an undetermined date, according to reports from Bloomberg News and NBC News
Workers at an indoor vertical farm in Las Vegas where they grow fresh produce and use 90 percent less water than a traditional farm and eventually plan to fully automate harvesting. Source: Oasis Biotech Infarm, an Amsterdam-headquartered start-up that grows food indoors in racks, has been valued at over $1 billion in a new $200 million
Apple store employees wearing masks talk to a customer through an open door at the Oculus shopping center amid the coronavirus pandemic on May 21, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 334,000 lives with over 5.1 million cases. Alexi Rosenfeld | Getty Images Apple temporarily
U.S. Commerce Secretary Gina Raimondo speaks during a Reuters interview at the Department of Commerce in Washington, September 23, 2021. Kevin Lamarque | Reuters Commerce Secretary Gina Raimondo said she is committed to the administration’s goal of universal broadband by 2030, but cautioned that distributing funds from the new infrastructure law to meet that deadline
In this article GOOGL Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert
The Desperate ApeWives NFT collection on display at Art Basel Miami on Dec. 1, 2021. Erika Goldring | Getty Images A non-fungible token trader reportedly sold a highly sought-after NFT for $3,000 rather than $300,000 due to a “fat-finger” error. The trader, identified only as Max or “maxnaut” online, told tech news website CNET that
The site of a roof collapse at an Amazon.com distribution center in Edwardsville, Illinois. Drone Base | Reuters The Occupational Safety and Health Administration is investigating a collapse at an Amazon warehouse in Edwardsville, Illinois, an agency spokesperson said Monday. The collapse was caused by a tornado that devastated the area and killed six workers.
In this article IT A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The global chip shortage has been rumbling on all year and still hasn’t gone away. But what does that mean for Christmas? Will some presents be harder to get hold of
The semiconductor industry is on track to record exponential growth over the next decade, according to the CEO of Abu Dhabi sovereign wealth fund Mubadala, who said chipmakers are poised to play a “crucial” role in the global economy. “It took 50 years for the semiconductor business to turn into a half a trillion-dollar business.
HashiCorp at the Nasdaq market site, December 9, 2021. Source: Nasdaq When Amazon Web Services, the biggest provider of cloud-computing infrastructure, suffered an hours-long outage on Tuesday, Disney+, Netflix, Robinhood, Roku and many other popular websites and apps faced major disruptions. The incident quickly rekindled a debate on how organizations can minimize the impact of an
In this article BZFD BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images BuzzFeed fell 39% in its first week of trading, closing
Amazon Web Services CEO Adam Selipsky delivers a keynote address during the AWS re:Invent conference in Las Vegas on November 30, 2021. Noah Berger | Getty Images Amazon Web Services on Friday published an explanation for an hours-long outage earlier this week that disrupted its retail business and third-party online services. The company also said
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16: Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Oracle chairman of the board and chief technology officer Larry Ellison kicked off the 2019 Oracle OpenWorld with a keynote address.
In this article ORCL A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Shares of Oracle were up more than 13% during premarket trading on Friday after the company reported earnings and revenue that beat analyst estimates for the second quarter of