The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe. Story Published at: November 9, 2022 at 07:44PM Continue Reading…
Fall of a Crypto Titan Puts an Industry on Edge
Binance to Buy FTX in Megadeal of Crypto Exchanges
Binance, the world’s largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown. Story Published at: November 8, 2022 at 04:42PM Continue Reading…
Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality
Once-buzzy start-ups had held out against the new reality that the good times are over. No longer. Story Published at: October 29, 2022 at 10:00AM Continue Reading…
For Many, Elon Musk’s Buying Twitter Is a Moment of Celebration
The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say. Story Published at: October 28, 2022 at 06:00PM Continue Reading…
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates. Story Published at: October 26, 2022 at 11:47PM Continue Reading…
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
A series of quarterly earnings reports are showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates. Story Published at: October 26, 2022 at 11:47PM Continue Reading…
A Coming-Out Party for Generative A.I., Silicon Valley’s New Craze
A celebration for Stability AI, the start-up behind the controversial Stable Diffusion image generator, represents the arrival of a new A.I. boom. Story Published at: October 21, 2022 at 10:00AM Continue Reading…
The Crypto World Is on Edge After a String of Hacks
More than $2 billion in digital currency has been stolen in hacks this year, shaking faith in the experimental field of decentralized finance known as DeFi. Story Published at: September 28, 2022 at 10:00AM Continue Reading…
On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns
In crypto havens such as Meia Praia beach, the confidence in digital currencies remains undimmed even after this summer’s crash. Story Published at: September 28, 2022 at 08:00AM Continue Reading…
Can ‘the Merge’ Save Crypto?
Many fans think it will. But it might end up creating some new problems. Story Published at: September 15, 2022 at 02:00PM Continue Reading…