When pandemic lockdowns swept the country in Spring 2020, there were concerns that the booming podcast business might take a pause — the dramatic decline in people commuting meant fewer people listening on the go. Podcast downloads did initially decline, 10% between February 25 and March 25, but instead of that decline accelerating, digital audio...Read More
Box CEO Aaron Levie sat down with CNBC's Josh Lipton this week to talk about the company's feud with activist investor Starboard Value. Starboard has made several accusations against Box, claiming the cloud company is underperforming.In the interview, Levie discusses his plans to return value to shareholders and says he'd be open to selling the...Read More
Bitcoin mine uncovered during Black Country industrial unit raid that was stealing thousands of pounds worth of electricity from the mains supply.Source: West Midlands PoliceLONDON — An illegal bitcoin mine has been found by police in the U.K. who were looking for a cannabis farm.The mine — located in an industrial unit on the outskirts...Read More
Tampa Bay Buccaneers' Tom Brady celebrates after winning the Super Bowl LV, February 7, 2021.Brian Snyder | ReutersSeven-time Super Bowl champion Tom Brady said he's a "big believer" in cryptocurrencies, confirming that he's purchased digital coins."I don't think it's going anywhere," Brady said at the CoinDesk Consensus 2021 forum on Thursday. "I'm still learning so...Read More
In this articleSWIAnnette Riedl | Picture Alliance | Getty ImagesThe Russian hackers thought to be behind the catastrophic SolarWinds attack last year have launched another major cyberattack, Microsoft warned Thursday.Microsoft said in a blog post that the hacking group, known as Nobelium, had targeted over 150 organizations worldwide in the last week including government agencies,...Read More
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021.Nina Riggio | Bloomberg | Getty ImagesIn the case of Elizabeth Holmes apparently all publicity isn't good publicity.Attorneys for the former Theranos CEO are citing widespread negative coverage as a reason to expand...Read More
In this articleTSLATesla Model 3Source: TeslaWhen Tesla decided to exclude radar sensors from its newer Model 3 and Model Y vehicles in the U.S., it had to downgrade functionality in these cars at least temporarily. As a result, Consumer Reports and the Insurance Institute for Highway Safety are suspending some key safety endorsements for those...Read More
In this articleCRMMarc Benioff, CEO of Salesforce.Adam Jeffery | CNBCSalesforce shares rose 5% in extended trading on Thursday after the cloud software maker issued earnings and guidance that surpassed analysts' expectations.Here's how the company did:Earnings: $1.21 per share, adjusted, vs. 88 cents per share as expected by analysts, according to Refinitiv.Revenue: $5.96 billion, vs. $5.89...Read More
In this articleBBYA shopper checks out appliances for sale at the Best Buy store in Miami, Florida.Joe Raedle | Getty ImagesAs Americans move into new houses, remodel homes and watch real estate values rise, Best Buy CEO Corie Barry said they are buying appliances and big-screen TVs and hiring the company to set up new...Read More
In this articleGOOGLGoogle signage.NurPhoto | Getty ImagesAt Google's annual marketing event Thursday, the company is showcasing ways advertisers will continue to be able to reach consumers as it reduces support for tracking cookies, which advertisers have used for decades to track users across sites to target ads and measure how effective they are.Google's Marketing Livestream...Read More
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