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In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose

In this article NFLX Reed Hastings, founder, Netflix speaks onstage at 2019 New York Times Dealbook on November 06, 2019 in New York City. Michael Cohen | Getty Images Shares of Netflix plunged 34% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers in its most recent quarter. The results

In this article NFLX Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this

In this article PLAN TWTR APEN It “seems unlikely” anyone else will step in to buy Twitter and take it private, according to CNBC’s David Faber, meaning Twitter either accepts Musk’s bid or nothing happens. “The more I report, the less I believe there’s anybody else that really could show up here,” Faber said on

A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Department of Defense The United States government has committed to ending the practice of anti-satellite missile tests, Vice President Kamala Harris announced on Monday, urging other nations

In this article TWTR TSLA Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked

In this article ABNB Police said a large party was being held at an Airbnb when shots broke out. Pittsburgh Public Safety Two minors were killed early Sunday after shots were fired at a large party hosted at an Airbnb rental in Pittsburgh, according to the city’s police blotter. At least nine others were being

NFTs have been taking over the art world. And at the center of the $17 billion NFT market is a company called OpenSea. OpenSea is the Amazon of NFTs, or non-fungible tokens. It’s an online marketplace that allows people to easily create, sell and buy NFTs. It’s one of the largest NFT trading platforms with

In this article TSLA Elon Musk Krisztian Bocsi | Bloomberg | Getty Images In a court filing out late Friday, shareholders who are suing Tesla and CEO Elon Musk over alleged securities fraud said they won part of a critical ruling in their class-action lawsuit. The shareholders are suing Tesla over money they lost after

Illustrator Alex Kittle is putting her Etsy shop on “vacation mode” as part of a weeklong strike which has garnered the support of thousands of sellers. Alex Kittle In late February, Kristi Cassidy logged onto Reddit and made a call to action to people who sell their goods on Etsy.  A day earlier, Etsy had

In this article TWTR Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,”

SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It’s not often that a company receives a takeover bid that amounts to an 18% stock premium only to see its shares fall on the

In this article TWTR Brendan Smialowski | Afp | Getty Images Billionaire Tesla CEO Elon Musk acknowledged Thursday at the TED2022 conference in Vancouver that he is “not sure” he’ll actually be able to buy Twitter. The comments came hours after a regulatory filing revealed that he offered to acquire the company for $54.20 per

In this article TWTR Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters This is breaking news. Please check back for updates. Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company need to be transformed privately.

Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Fast forward to border closures and shelling on her hometown, cash shortages at ATMs across the country, and the central bank suspending electronic cash transfers — and she decided to give bitcoin a try. Whereas money providers often charge transfer fees of

PARIS — Crypto firm Tether is planning to reduce its holdings of commercial debt in its reserves, as the issuer of the world’s most-used “stablecoin” continues to face questions about what its digital currency is actually backed by. Last year, Tether revealed that it held some cash but also bought a large amount of commercial

In this article WBD People walk by the world headquarters for the Cable News Network (CNN) on March 15, 2022 in Atlanta, Georgia. Anna Moneymaker | Getty Images Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter. The people spoke with

In this article AAPL An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple iPhone assembler Pegatron said Tuesday it has suspended production at its facilities in Shanghai and

In this article TWTR Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Billionaire Elon Musk’s reversal of his decision to join Twitter‘s board opens the door to a

In this article TWTR Tesla CEO Elon Musk, shown here in March, proposed a series of changes to Twitter’s subscription service, including price changes and the option to pay in dogecoin. Patrick Pleul | AFP | Getty Images Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his

In this article AMZN Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in

Tesla CEO Elon Musk, shown here in March, proposed a series of changes to Twitter’s subscription service, including price changes and the option to pay in dogecoin. Patrick Pleul | AFP | Getty Images Elon Musk is tweeting about Twitter again. This time, he’s come up with a slew of suggestions for Twitter Blue, the

In this article TSLA Danny Roman runs a sustainable, outdoor adventure company that gives biking and hiking tours in Southern California. Danny Roman Danny Roman bought a new Tesla Model X and took delivery of the car on Feb. 28, 2020. Three days later, he informed the company he was returning the electric SUV under

In this article AAPL Max Scherzer #21 of the New York Mets delivers a pitch in the third inning against the Miami Marlins in the Spring Training game at Roger Dean Stadium on March 21, 2022 in Jupiter, Florida. Mark Brown | Getty Images Starting Friday, Apple TV+ will stream a doubleheader of MLB games

Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty Images Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the

In this article TSLA Elon Musk speaks at the “Cyber Rodeo,” a grand opening event for Tesla’s new factory in Austin, Texas. On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas. At the event, he spoke

In this article AMZN An RWDSU union rep holds a sign outside the Amazon fulfillment warehouse at the center of a unionization drive on March 29, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon illegally interfered in a recent union election at an Alabama warehouse, according to a statement on Thursday from the

Ron Baron, the CEO of Baron Capital and one of Tesla’s largest shareholders, said that Elon Musk’s 9.2% stake in Twitter, and his accompanying board seat, is not significant. “I think it’s meaningless,” he told CNBC’s “Squawk Box” Thursday. “It’s a tiny investment. $3 billion for a man who is worth $300 billion. He has

Network cables are plugged in a server room. Michael Bocchieri | Getty Images Cyber firm Nord Security announced Thursday that it has raised $100 million from investors at a $1.6 billion valuation, making it Lithuania’s second tech unicorn. The company is best known for its VPN product, NordVPN, which costs around $140 a year or

A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund