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In this article BTC.CM= Bank of England Governor Andrew Bailey. Simon Dawson | Bloomberg via Getty Images LONDON — Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have
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In this article FB Facebook CEO Mark Zuckerberg in 2017. KENZO TRIBOUILLARD Facebook on Tuesday announced that its Workplace enterprise communications software has now reached 7 million paid subscribers, up 40% from last May’s figure of 5 million. Workplace is enterprise software that companies can use as their internal social network to communicate with their
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In this article GOOGL MSFT AMZN AAPL FB Gwyn Photography | Digital Vision | Getty Images The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there’s everybody else. Alphabet, Amazon, Apple, Facebook and Microsoft all reported March-quarter earnings this week, and some of
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In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting:  Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
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In this article CMCSA NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast is set to report first-quarter results before-the-bell on Thursday. Here are the key numbers: Earnings per share: 59 cents expected in a Refinitiv survey of analysts Revenue: $26.7 billion per Refinitiv High-speed internet
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Pinterest CEO Ben Silbermann speaks in conversation with Matthew Lynley of TechCrunch during the TechCrunch Disrupt SF 2017 on September 18, 2017 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Shares of Pinterest dropped more than 10% in after-hours trading on Tuesday after the company reported its first-quarter earnings, in
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SINGAPORE — Southeast Asia’s tech giants could buy up start-ups using funds they gain when they go public, according to a managing partner of an early-stage venture capital firm. “They’re basically going to gobble up a number of start-ups,” Vinnie Lauria of Golden Gate Ventures told CNBC’s “Street Signs Asia” on Friday. He said likely
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In this article GOOGL Yichuan Cao | NurPhoto | Getty Images Google‘s recently promoted Search boss Prabhakar Raghavan made $55.25 million last year, according to the company’s annual proxy filing with the U.S. Securities and Exchange Commission. That amount takes into account his 2020 fiscal year salary of $655,000, stock awards amounting to $54.58 million
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Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Elon Musk will host NBC’s “Saturday Night Live” for the first time on May 8, the long-running sketch comedy show announced over
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A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen. Thodex, a crypto firm based in Turkey, said its platform
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