Technology

Three people indicted in $400 million FTX crypto hack conspiracy

Three people were indicted for an identity theft conspiracy that allegedly included the $400 million hack from FTX on the…

January hiring was the lowest for the month on record as layoffs surged

Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…

Meta chief Mark Zuckerberg ‘needs to do the right thing’ in child sex targeting fight: New Mexico attorney general

New Mexico’s attorney general slammed Meta and its CEO Mark Zuckerberg on Wednesday, saying they failed to protect children from…

Former UK finance minister joins Coinbase crypto exchange as an advisor

LONDON — A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the…

Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation package for CEO Elon…

Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s…

Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn

BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company…

Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security

A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in…

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…