For months, the world has been captivated by the slow drip of information about Russia’s interference in the 2016 U.S. presidential election. R. David Edelman, a former advisor to President Obama on technology and cyber issues isn’t as worried about what the Russians did in the past as he is about what the state-actor could […]
Read moreSnap’s so-called share lockup period ends on Monday, potentially allowing early investors in the March IPO to unload hundreds of millions of shares on an already wary market. Snap investors and key employees were prevented from selling all their shares during predetermined lockup period. However, early investors and insiders including CEO Evan Spiegel, CTO Robert […]
Read moreFor the second time, Chinese security researchers were able to hack a Tesla Model X, turning on the brakes remotely and getting the doors and trunk to open and close while blinking the lights in time to music streamed from the car’s radio — an effect they dubbed “the unauthorized Xmas show.” The complex hack […]
Read moreShares of online real estate broker Redfin hit the public market on Friday in a $138.5 million IPO. The stock popped more than 30 percent when it opened for trading mid-morning. The stock was listed on the Nasdaq under the symbol “RDFN.” The 9.23 million share offering priced at $15 a share, above the expected […]
Read moreIn the crowded world of finance twitter, some market analysts are looking for a way to get paid for their tweets. Bespoke Investment Group co-founders Paul Hickey and Justin Walters, with the help of Centric Digital, quietly launched a paid, private Twitter channel product called Premo Social on July 13. For about $10 or more […]
Read moreIt may seem like Silicon Valley is populated entirely with celebrity college dropouts, but in fact, they’re the exception to the rule. Going to college pays off, and to land a job at one of the most coveted tech employers, you’ll need to stay in school. Data analysis site Paysa looked at over 8,200 job […]
Read moreJeff Bezos’ wealth has been on a wild roller-coaster ride over the past 24 hours. Thursday morning, the Amazon CEO became the richest man in the world when Amazon’s stock soared on earnings expectations. By noon, when Amazon stock topped $1,082 per share, Bezos’ wealth soared past $92 billion, putting him past Bill Gates. But […]
Read moreU.S. equities opened lower on Friday as large-cap tech stocks followed Amazon.com lower. The Nasdaq composite lagged, falling 0.64 percent. The S&P 500 declined 0.23 percent, with information technology and consumer discretionary leading decliners. The Dow Jones industrial average slipped 12 points, with Boeing contributing the most losses. Shares of the e-commerce giant fell 3.7 […]
Read morePakistan is likely to face serious political and economic instability after the country’s three-time Prime Minister Nawaz Sharif is ousted from power by the Supreme Court following a corruption investigation into his family’s wealth. “He is no more eligible to be an honest member of the parliament, and he ceases to be holding the office […]
Read moreFor Tesla, everything is riding on the Model 3. The electric car company’s newest vehicle is set to go to its first 30 customers Friday evening. Its $35,000 starting price — half the cost of Tesla’s previous models — and 215-mile range could bring hundreds of thousands of customers into the automaker’s fold, taking it […]
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