technology

How we play Cramer and the tech pivot in hot industrial stocks

The market is so dominated by technology that it cannot see the forest through the industry. If the talk isn’t about the slowdown in the cloud, it’s about who is pulling out of the now-private Twitter, or how disappointing it was when co-CEO Bret Taylor left Salesforce (CRM). Mark Zuckerberg from Meta Platforms (META) can …

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George Clooney has a simple strategy for staying out of trouble as a public figure

CNN — George Clooney has a surefire way for staying out of trouble as a public figure in the age of social media: stay off of it. In a profile for the Washington Post published on Friday, the Oscar-winning actor said he manages to avoid too much exposure to today’s 24/7 media cycle by not …

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Crypto exchange Gemini is trying to get $900 million back from crypto lender Genesis, Financial Times reported.

December 3 (Reuters) – Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe $900 million to clients of the Winklevoss twins crypto exchange Gemini, the Financial Times reported on Saturday. Citing sources, the newspaper said that crypto exchange Gemini was trying to get the funds back after Genesis went astray due to …

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US ramps up pressure on Netherlands to fall in line with China chip policy

Netherlands Prime Minister Mark Rutte speaks with US President Joe Biden. The US has been putting pressure on the Netherlands to block exports to China of high-tech semiconductor equipment. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Susan Walsh | AFP | Getty Images Washington …

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Here’s how to rent a sustainable Christmas tree for the greenest holiday ever and what retail and warehousing jobs falling in November reveals about the typical holiday shopper

Hi, MarketWatchers. Don’t miss these top stories. Greenest holiday ever? Here’s how to rent a sustainable Christmas tree There are ways to make ‘greener’ choices with your holiday evergreen. Read More Retail and warehousing jobs actually fell in November. It reveals a lot about the typical holiday shopper. Month to month, retail employment declined 30,000, …

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What is quantum computing and how will quantum computers change the world?

Depending on who you ask, some say that quantum computers could either break the Internet, rendering pretty much every data security protocol obsolete, or allow us to compute our way out of the climate crisis. These hyper-powerful devices, an emerging technology that exploits the properties of quantum mechanics, are much buzzed about. Only last month, …

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FTX fiasco one of the most egregious cases of ‘gross negligence,’ says Ackman

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over one of the most epic bankruptcies in financial markets in recent memory. Last week, Ackman tweeted that Bankman-Fried’s statements made during a widely watched …

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Catfish scams target everyone. Here’s how to keep kids safe | Internet

Catfishing crimes have ensnared people for years. This week, a grieving family implored parents to monitor their children’s online activity after a former Virginia state trooper catfished a 15-year-old girl online. He then traveled to Southern California, where he allegedly killed the girl’s mother and grandparents. “Parents, please, please know your child’s online activity. Ask …

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AWS faces cost-sensitive customers at Reinvent as economic fears mount

Amazon Web Services has been the biggest growth engine for its parent company over much of the past decade, taking business from some of the largest tech vendors in the world. But as corporations face the most daunting economic environment since the 2008 financial crisis, those massive checks they’re writing to AWS for their tech …

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Celsius users stuck with crypto collateral head to bankruptcy filing

Alan Knitowski has an MBA, has worked in technology and finance for over 25 years, and is the CEO of a Nasdaq-listed mobile software company. This hasn’t stopped him from being scammed by a crypto firm. Knitowski borrowed $375,000 and invested $1.5 million over several years from crypto lender Celsius. bitcoin as collateral. He did …

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