Category: Technology

Coinbase offers a fiery response to the SEC’s threat of enforcement action

Crypto exchange Coinbase offered a fiery response on Thursday to last month's Wells notice from…

Cloudflare stock plunges more than 20% after revising guidance down

Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022.…

Meta shares pop 14%, reaching a 52-week high on guidance, sales increase

Meta shares gained more than 14% on Thursday, touching a new 52-week high, as analysts…

Lyft to cut 1,072 employees, or 26% of its workforce

Ramin Talaie | Corbis News | Getty ImagesRide-hailing app Lyft will lay off 1,072 employees,…

Comcast beats estimates despite slowing broadband growth, higher Peacock losses

Comcast topped analyst expectations with its first-quarter earnings report Thursday, despite the cable and media…

Meta shares are up 170% in five months despite virtually no revenue growth

Andrew Ross Sorkin speaks with Meta CEO and founder Mark Zuckerberg during the New York…

Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals

Alex Marsh, Klarna's head of U.K., said the proposals would lead to lengthened application times…

SEC’s Gensler says ‘the law is clear’ for crypto exchanges and that they must comply with regulators

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing…

Dropbox to lay off 500 employees, or about 16% of its workforce

Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier…

The UK blocked Microsoft’s Activision deal. Here’s what it means for U.S. regulators

People try Activision Blizzard Inc.'s 'Call of Duty: Modern Warfare 3' on Microsoft Corp. XBox…