Former employees say issues plagued the crypto company Celsius years ahead of bankruptcy
The problems at Celsius appear to have started years before it began freezing customer assets, according to employees and internal documents seen by CNBC.
CNBC Technology
Nuclear power plant lowers output to protect fish as Europe grapples with heatwave
The news out of Switzerland comes as parts of Europe grapple with a significant heatwave.
UK plans $95 million hydrogen gigafactory to produce components for vehicles
Operations at the plant are planned to start in the first half of 2024.
IBM shares slide after company trims cash forecast
The hardware, software and consulting provider trimmed its 2022 free cash flow forecast.
Looking to get your funds out of a collapsed crypto platform? Don't get your hopes up
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors' funds when a crypto platform fails.
SoftBank reportedly pauses plan for Arm's London listing
SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the U.K., the Financial Times reported.
Twitter fires back at Elon Musk's attempt to delay trial
Twitter accused the Tesla CEO of using delay tactics to harm the company in the court of public opinion.
TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiency
ByteDance's semiconductor push highlights a focus from firms to create chips for specific purposes as well as China's desire to become stronger in this tech.
Bitcoin tops $22,000 as crypto market hopes contagion and shakeout is over; ether jumps 9%
Bitcoin bounced above $22,000 on Monday, hitting its highest level in more than a month.
Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogether
New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions.
Netflix investors brace for subscriber losses as company works on long-term fixes
The theme of Netflix's quarterly earnings Tuesday may be minimizing bad news rather than showcasing good news.
Coinbase pops 9% as cryptocurrencies like bitcoin and ether rally
Coinbase closed up 9% Monday morning as the value of bitcoin and ether rallied in overnight trading and the tech sector performs well.
Smartphone shipments fell 9% in Q2, but Apple iPhone remains in high demand despite inflation pressure
Apple had a 17% share of global phone shipments in Q2, up from 14% in the year-earlier quarter, Canalys said, noting that the iPhone 13 remains in high demand.
Goldman-backed fintech Starling withdraws European bank license application in blow to global ambitions
Starling told staff Monday that it had withdrawn its application for a European bank license with the Irish central bank.
From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it
Celsius bankruptcy not surprising but still a huge blow to the crypto industry.
How 99-year-old publisher Time is leading legacy media into the NFT future
Time president Keith Grossman has spent the past year building the 99-year-old media brand's NFT business, TIMEPieces, from the ground up.
Snapchat is finally coming to the web after more than a decade as a mobile app
Snap is debuting Snapchat for Web, bringing some of its core mobile services to bigger screens.
Crypto exchange Binance fined $3.4 million by Dutch central bank for operating illegally
The regulator had warned last year that Binance was offering its services in the Netherlands without authorization.
San Francisco Mayor Breed says city faces remote work challenge as tech workers leave town or stay home
San Francisco's office vacancy rate has been on the rise and is among the highest of major cities in the U.S.
Elon Musk asks court to reject Twitter's request for speedy trial
Musk's team says the trial should wait until next year, after Twitter requested expedited treatment and a hearing as early as September 2022.
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