Tag Archives: CNBC

Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

Riot said it’s cutting headcount for Legends of Runeterra and giving up on an initiative to publish games from indie developers.

Posted in Tech | Tagged | Comments Off on Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

YouTube star MrBeast makes more than $263,000 in X video, but calls it ‘a bit of a facade’

MrBeast, who burst into stardom from his viral videos on YouTube, said his earnings from his first video on X topped $263,000.

Posted in Tech | Tagged | Comments Off on YouTube star MrBeast makes more than $263,000 in X video, but calls it ‘a bit of a facade’

New details emerge about SEC’s X account hack, including SIM swap

New details emerge on SEC’s X account hack, including SIM swap

Posted in Tech | Tagged | Comments Off on New details emerge about SEC’s X account hack, including SIM swap

Bitcoin briefly dips below $40,000 for the first time this year

Bitcoin deepened its correction on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it.

Posted in Tech | Tagged | Comments Off on Bitcoin briefly dips below $40,000 for the first time this year

AMD’s stock surge in past year leads analyst to a ‘heck if we know’ rating

Elevated expectations for AI chip growth has led one analyst to admit he has know idea how AMD should be valued.

Posted in Tech | Tagged | Comments Off on AMD’s stock surge in past year leads analyst to a ‘heck if we know’ rating

Initial demand for Apple’s Vision Pro headset could wane, top analyst cautions

Apple’s Vision Pro quickly sold out after preorders opened Friday, but early signs could mean demand is waning, a top Apple analyst wrote.

Posted in Tech | Tagged | Comments Off on Initial demand for Apple’s Vision Pro headset could wane, top analyst cautions

Meta’s retreat from news accelerated in 2023, leaving publishers scrambling for traffic

Meta has been de-emphasizing news across Facebook’s feed, upending many publishers that had come to rely on referral traffic.

Posted in Tech | Tagged | Comments Off on Meta’s retreat from news accelerated in 2023, leaving publishers scrambling for traffic

Why there is a new global race to the moon

Globally, more than 100 lunar missions are expected to take place by 2030, according to the European Space Agency.

Posted in Tech | Tagged | Comments Off on Why there is a new global race to the moon

Crypto entrepreneur charged with defrauding investors out of $150 million through marketing scheme

Federal prosecutors announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme.

Posted in Tech | Tagged | Comments Off on Crypto entrepreneur charged with defrauding investors out of $150 million through marketing scheme

Meta shares close at a record as last year’s mega rally continues

Meta shares rose nearly 2% to $383.45 on Friday, setting a new record and surpassing the prior high from 2021.

Posted in Tech | Tagged | Comments Off on Meta shares close at a record as last year’s mega rally continues