The Tech Industry’s Epic Two-Year Run Sputters
The technology industry, which powered the U.S. economy during the pandemic and grew at tremendous scale during a decade of ultralow interest rates, is…
Browsing Tag
Commodity/Financial Market News
SEC to Hire More Crypto Cops to Fight Digital Frauds
WASHINGTON—The Securities and Exchange Commission will boost the size of its special unit devoted to investigating cryptocurrency…
Verizon Loses Subscribers and Warns of Inflation’s Toll
Verizon
VZ -5.64%
Communications Inc.’s first-quarter profit fell 13%, and…
Biden to Order Study of Cryptocurrency Risk, Creation of U.S. Digital Currency
WASHINGTON—President Biden will sign an executive order on Wednesday instructing agencies across the federal government to study the…
KoBold Metals Raises $192.5 Million to Use AI to Find Battery Minerals
ADELAIDE, Australia—KoBold Metals, a startup backed by
Bill Gates’s
Breakthrough Energy Ventures that aims to use artificial…
CFTC Chair to Testify on Cryptocurrencies as Congress Weighs Legislation
WASHINGTON—The nation’s top derivatives regulator is set to testify Wednesday about cryptocurrencies before a congressional panel that…
Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack
WASHINGTON—The Justice Department said Tuesday it seized over $3.6 billion worth of digital currency stolen during a hack of a cryptocurrency exchange and…
Sensor Maker Velodyne Lidar’s Shares Surge After Amazon Investment
Velodyne shares rose 58% to $5.95 in…
Green Startups Stumble, Accelerating Selloff of Risky Stocks
Electric-vehicle startups and other green tech companies soared early last year. Now a wave of investigations, outside allegations and growing investor…