Technology

Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy

Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…

Sen. Tim Scott pushes bill that would require disclosure of apps’ country of origin

WASHINGTON — Sen. Tim Scott, R-S.C., is pushing for more transparency from social media applications amid privacy concerns about China-based…

British digital bank Monzo hits monthly profitability for the first time after spike in lending

Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of…

How the A.I. explosion could save the market and maybe the economy

A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination

The U.K. may be a great place to build a tech company — but when it comes to taking the…

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…

Virgin Islands issued subpoena to Google co-founder Larry Page in lawsuit against JPMorgan Chase over Jeffrey Epstein

The government of the U.S. Virgin Islands has tried without success so far to serve a subpoena on Google co-founder…