Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued and you’ll likely get 10 answers. That’s because Coinbase’s … Read more
Microsoft Surface Laptop 4 Microsoft Microsoft on Tuesday announced the Surface Laptop 4, a laptop that competes most closely with Apple’s MacBook Air. This year, customers can choose between Intel or AMD processors across two sizes, either a 13.5-inch laptop or a 15-inch model. It shows Microsoft is taking a different path to its devices … Read more
Apple is in the early stages of building a new Apple TV device with a built-in camera and speaker, according to Bloomberg. The newest Apple TV was released in 2016 and is long overdue for an update as it competes with TV products from Amazon, Google and Roku that have gained market share by routinely … Read more
Topps baseball cards Ari Levy | CNBC On a recent family ski trip in California, my kids and I popped into an old baseball card shop in the city of Sonora, a former gold mining town in the Sierra Nevada foothills. As a former rabid card collector, I lit up when I saw the sign … Read more
Coming off a boom year for the tech industry, investors spent the early part of 2021 pouring money into food delivery companies, online brokerages and Elon Musk’s SpaceX, leading to a record quarter for U.S. venture funding. Venture-backed companies raised $64 billion in the first three months of the year, according to analysis this week … Read more
President Joe Biden holds a chip as he speaks prior to signing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. Jonathan Ernst | Reuters Chief executives from companies including Google parent Alphabet, AT&T, Intel and General Motors are … Read more
Verizon CEO Hans Vestberg speaks on the floor at the New York Stock Exchange, October 22, 2019. Brendan McDermid | Reuters Verizon is recalling 2.5 million hotspot devices after discovering that the lithium ion battery can overheat, creating a fire and burning hazard. The recall impacts Ellipsis Jetpack mobile hotspots imported by Franklin Wireless Corp … Read more
Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue … Read more
People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images Spotify is moving into live audio. The company said Tuesday it will buy Betty Labs, the makers of … Read more
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. CNBC After setting ambitious user growth and revenue goals last month, Twitter is gearing up for what could … Read more