Circle confidentially files for IPO following banner year for crypto

Circle confidentially files for IPO following banner year for crypto

In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an IPO with the Securities and Exchange Commission, a little over a year after terminating … Read more

Microsoft briefly overtakes Apple to become the world’s most valuable company again

Microsoft briefly overtakes Apple to become the world’s most valuable company again

Microsoft has surpassed Apple’s market cap to become the world’s most valuable public company again. The software giant’s stock has been rallying in recent months thanks to its AI announcements. Meanwhile, there are concerns about Apple’s iPhone sales, leading to the two tech giants swapping top places for market value during trading on the Nasdaq … Read more

Amazon’s cashierless checkout is coming to hospitals

Amazon’s cashierless checkout is coming to hospitals

Customers carry their purchases as they leave the U.K.’s first branch of Amazon Fresh in the Ealing area of London, England, on March 4, 2021. Leon Neal | Getty Images Amazon is pitching its cashierless checkout technology to hospitals and other health-care facilities. The company on Thursday said the latest version of its Just Walk … Read more

Here’s what a bitcoin ETF actually means for investors

Here’s what a bitcoin ETF actually means for investors

The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of the U.S. The agency gave the green light on Wednesday to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest — paving the way for these funds to begin trading as soon … Read more

Sanctioned Western tech is still entering Russia and powering its war

Sanctioned Western tech is still entering Russia and powering its war

Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to … Read more

Microsoft lets cloud users keep personal data within Europe to ease privacy fears

Microsoft lets cloud users keep personal data within Europe to ease privacy fears

LONDON (AP) — Microsoft said Thursday that it is upgrading its cloud computing service to let customers store all personal data within the European Union instead of having it flow to the U.S. where national privacy laws don’t exist. The changes apply to services including Azure, Microsoft 365, Power Platform, and Dynamics 365, the Seattle-based … Read more

Scaramucci says 2023 was the best year for his crypto funds

Scaramucci says 2023 was the best year for his crypto funds

Anthony Scaramucci, founder and CEO of SkyBridge Capital, said Thursday that the U.S. Securities and Exchange Commission’s approval of the first spot bitcoin exchange traded funds should be viewed as a watershed moment for bitcoin. Speaking to CNBC’s Arjun Kharpal in the Swiss ski town of St. Moritz, Scaramucci said his New York-based hedge fund unexpectedly … Read more