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2 mins read
UK bank Standard Chartered is setting up a cryptocurrency exchange as rival HSBC decides not to offer digital currencies to clients
"We have a strong conviction that digital assets are here to stay," said the head of the StanChart …
Carla Mozée
3 mins read
Hackers expose Russian intelligence agency's secret internet projects in 'the largest data leak' the group has ever faced
Projects referred to as "Nautilus" and "Nautilus-S" appear to be attempts to scrape social media si…
Kat Tenbarge
1 min read
9 subtle ways technology is making humanity worse
While we owe a debt of gratitude to the brilliant minds who have gifted us such innovations, it wou…
Chelsea Greenwood
2 mins read
28-year-old billionaire Austin Russell acquires 82% stake in Forbes
Austin Russell, 28-year-old Chairman and CEO of automotive technology company Luminar Technologies,…
2 mins read
SoftBank is reportedly under fire from investors after its WeWork debacle
SoftBank slashed its valuation of WeWork by more than 80% to less than $5 billion in the three mont…
Theron Mohamed
2 mins read
Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal
SoftBank's tender offer was scheduled to begin more than two weeks ago on November 6, The Real Deal…
Theron Mohamed
2 mins read
The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan's biggest banks
Because of the performance of both WeWork and to a lesser extent Uber, investors at the banks are g…
Yusuf Khan
4 mins read
Ex-Google CEO Eric Schmidt has a plan to save US healthcare and it involves a whole lot of data
"I want a computer to be able to say, here's your history, here's what we think is going on, and gi…
Clarrie Feinstein
3 mins read
WeWork's value plunged more than 80% to below $5 billion last quarter, SoftBank says. Here's why that's a staggering drop
In its IPO filing, WeWork reported having $6.7 billion worth of property and equipment as of June 3…
Theron Mohamed
3 mins read
'It seems insane now' - WeWork employees bought into cofounder Adam Neumann's vision but grew worried as red flags mounted
WeWork, which secured a private valuation of $47 billion in January, scrapped its planned IPO in Se…
Theron Mohamed
2 mins read
SoftBank's latest valuation of WeWork is lower than previously thought - at under $5 billion
The presentation includes a short timeline of WeWork's IPO fiasco, from cofounder Adam Neumann step…
Theron Mohamed
2 mins read
'I shut my eyes,' SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on WeWork
SoftBank agreed a $9.5 billion rescue package with WeWork last month in exchange for an 80% stake i…
Theron Mohamed
2 mins read
Facebook climbs on strong user growth in the US - a market previously thought tapped out
The strong revenue numbers also show that growing regulatory concerns about the platform have not s…
Carmen Reinicke
2 mins read
I drive for Uber and Lyft - here are 9 situations when you should definitely tip your driver
Naturally, I love getting tips. It tells me that you liked your ride so much that you gave me extra…
Clarke Bowman
4 mins read
The millennial CEO at the head of one of the most controversial luxury watch brands in the world credits his success to two key factors: passion and luck
"[Biver] believed in me. He believed in the project I presented him," Tedeschi said, referring to "…
Caralynn Lippo
10 mins read
Gamers say they're earning more money on Facebook's streaming platform than on Twitch and YouTube
"I'm making more money on Facebook than I did on Twitch. I don't know if that's because I'm hitting…
Kat Tenbarge
6 mins read
I spent a day at IBM's mysterious research hub north of NYC, where I met some of the top AI leaders in the country. Here are 4 takeaways on where they think the tech is headed.
The company is mapping its AI journey in decades, not years, and pursuing potentially revolutionary…
Joe Williams
4 mins read
Jeffrey Epstein told a journalist he funded Sophia the robot, who he claimed would have 'more empathy than a woman'
When Epstein the journalist asked Epstein the financier what Sophia would be used for, the latter r…
Kat Tenbarge
3 mins read
Epstein bombarded Bill Gates with calls and contacts to score a meeting with the billionaire a year before his $2 million donation to MIT
A spokesperson for Gates confirmed to Business Insider that both the tech titan and Epstein were pr…
Kat Tenbarge
2 mins read
Hackers cracked Jack Dorsey's Twitter account using a very simple technique
Such a tactic is often known as "SIM hacking." It occurs when a hacker tricks a mobile carrier into…