Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU

Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU

LONDON, ENGLAND – NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images) Leon Neal | Getty Images News | Getty…

Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple’s iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it…

Tesla recalls more than 1.6 million cars in China over problems with Autopilot, locks

Tesla recalls more than 1.6 million cars in China over problems with Autopilot, locks

Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state regulators announced Friday….

Apple shares slip on report U.S. government preparing antitrust lawsuit

Apple shares slip on report U.S. government preparing antitrust lawsuit

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple shares slid less than 1% on Friday after The New York Times reported that the…

DOJ close to filing massive antitrust suit against Apple over iPhone dominance: report

DOJ close to filing massive antitrust suit against Apple over iPhone dominance: report

The Justice Department is reportedly in the “late stages” of filing a massive antitrust lawsuit against Apple – the latest sign of mounting regulatory pressure that has roiled the iPhone maker. The DOJ could file a lawsuit against Apple within the first six months of this year, the New York Times reported on Friday, citing…

Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK

Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Coinbase, Crypto.com, Gemini…

SpaceX sues U.S. agency that accused it of firing workers critical of Elon Musk

SpaceX sues U.S. agency that accused it of firing workers critical of Elon Musk

Elon Musk, CEO of SpaceX and Tesla, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX on Thursday sued a U.S. labor board that had accused the rocket and satellite maker of…

OpenAI Turmoil Pushes Customers to Diversify

OpenAI Turmoil Pushes Customers to Diversify

Updated Jan. 5, 2024 8:53 am ET OpenAI’s management chaos in November could have long-lasting effects on its business as some of the company’s customers say it was a wake-up call about the risks of being too reliant on one company’s tech. Executives at companies that use OpenAI’s software say they are increasingly looking to…