Tag Archives: technology
Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’
(Reuters) -Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public appearance since his company's ...
Nov 30, 2022
UK to trial Elon Musk’s satellite broadband equipment in remote locations
LONDON (Reuters) - Britain is to trial using low Earth orbit satellites to provide high-speed internet connections to remote homes and businesses, with the initial sites supported by equipment supplie...
Nov 30, 2022
Tesla plans to ramp up Model Y production from Giga Texas in 2023 – Electrek
(Reuters) - Tesla Inc is planning to ramp up production of its Model Y cars from Gigafactory Texas next year, Electrek reported on Wednesday. The electric-vehicle manufacturer is currently preparing t...
Nov 30, 2022
Snowflake quarterly net loss widens as expenses rise
(Reuters) - Data cloud company Snowflake on Wednesday posted a bigger quarterly loss, hit by a sharp jump in its research and development and marketing expenses. Shares of the company tumbled 13% in e...
Nov 30, 2022
Salesforce says Bret Taylor to step down as co-CEO
(Reuters) -Salesforce Inc said on Wednesday that Bret Taylor would step down as co-chief executive officer, sending its shares down 5% in extended trading. The company said Marc Benioff would take the...
Nov 30, 2022
U.S. charges 21 individuals for role in global crypto money laundering networks
(Reuters) - The United States has charged 21 individuals for their roles in global cryptocurrency money laundering networks, the U.S. Attorney's Office For Eastern District Of Texas said on Wednesday....
Nov 30, 2022
Netflix CEO calls resisting ads a mistake
(Reuters) - Netflix Inc co-founder Reed Hastings said on Wednesday he was "wrong" to resist ads for his streaming service. Hastings said Hulu proved streaming services could support advertising, and o...
Nov 30, 2022
Meta’s Zuckerberg says some of Elon Musk’s Twitter content approach ‘might work’
(Reuters) - Meta CEO Mark Zuckerberg said on Wednesday he was keen to see how Elon Musk's management of content moderation on Twitter would fare, arguing it was good for platforms to take different ap...
Nov 30, 2022
YouTube says fixing issues after reported outages
(Reuters) - Alphabet Inc's YouTube said it is working to fix an issue after the platform was down for thousands of users on Wednesday. "We're aware that many of you using the YouTube app on iOS device...
Nov 30, 2022
Meta executive says holiday sales were earlier and bigger this year
(Reuters) - The head of Meta Platforms' business group said on Wednesday that the holiday shopping season started earlier than usual this year and produced a Black Friday sales weekend that appeared t...
Nov 30, 2022
