The Securities and Exchange Commission may be getting set to clear up confusion around whether and under what conditions initial coin offerings, and possibly alt-coins like ether and ripple, constitute securities. William Hinman, a key SEC official for formulating policy on bitcoin and blockchain, is speaking Thursday at Yahoo’s All Markets Summit: Crypto in San […]
Read moreVerizon has a new unlimited plan, one it hopes will appeal to the heaviest data users. Called “Unlimited Above,” the new plan is available starting June 18 and is priced at $20 more per line, per month than the company’s cheapest unlimited offering. For that extra buck, you are getting a bit more bang, with […]
Read moreThe use of social media networks such as Facebook to consume news has started to fall in the United States as many young people turn toward messaging apps such as Facebook-owned WhatsApp to discuss events, the Reuters Institute found. Usage of Facebook, the world’s largest social network, for news is down 9 percentage points from […]
Read morePlayers of hit game “Fortnite” have hit out at Sony over a problem that has seen users have issues playing the title on a Nintendo Swtich console after initially using it on a PlayStation 4. Gamers have taken to social media and forums like Reddit to express anger over the so-called “cross-play” problem. Players can […]
Read moreMicrosoft Corp is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon.com Inc’s automated grocery shop, six people familiar with the matter told Reuters. The Redmond, Wash.-based software giant is developing systems that track what shoppers add to their carts, the people say. Microsoft has shown […]
Read moreShares of LG Electronics jumped more than 4 percent on Thursday, outperforming other South Korean technology shares and the broader market. LG Electronics rose 4 percent to 93,600 Korean won ($86.50) in Asia afternoon trade. But even with Thursday’s gains, the stock was still down more than 18 percent from its 114,500 won ($105.87) peak. […]
Read moreElon Musk’s Boring Company has won the bid to build a high-speed express train to Chicago’s O’Hare International Airport, the company told CNBC. The company beat a consortium that included engineering firm Mott MacDonald, which worked on the development of a terminal at London’s Heathrow airport, and an infrastructure fund backed by former basketball star […]
Read moreBillionaire media investor Mario Gabelli told CNBC on Wednesday he was “applauding” Comcast’s latest bid for Twenty-First Century Fox on behalf of his clients. And he believes there’s a chance it may not end there. “I wouldn’t rule out a small possibility that one of the global behemoths … may come in over the top,” […]
Read moreApple has long positioned the iPhone as a secure device that only its owner can open. That has led to battles with law enforcement officials who want to get information off them, including a well-publicized showdown with the F.B.I. in 2016 after Apple refused to help open the locked iPhone of a mass killer. The […]
Read moreNed Newell-Hanson, a 26-year-old Londoner, watches football obsessively but avoids paying for it. Some of his happiest moments are watching Chelsea games on his mobile, ideally on his balcony with a glass of wine but if necessary on a bus, hours after they have ended. (He goes to great lengths to avoid prematurely hearing the […]
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