AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of Congress Avenue and Sixth Street. The hideaway is at the crossroads of two worlds — the majestic thoroughfare that leads to the Texas State Capitol and the iconic, albeit notorious, stretch … Read more
Executive Chairman and CEO of Microsoft Corporation Satya Nadella attends a session during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. Denis Balibouse | Reuters Microsoft is accusing The New York Times of “unsubstantiated” claims in the publisher’s lawsuit filed in December against OpenAI, a case that could … Read more
Online banking businessman using smartphone with Icon Fintech and Blockchain concept Sarinyapinngam | Istock | Getty Images For a second year, CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be named in a published CNBC report this July. Nominations are now open for the top global … Read more
Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part of an unorthodox treasury management strategy. Eva Marie Uzcategui | Bloomberg | Getty Images When MicroStrategy’s Michael Saylor came on CNBC’s “Closing Bell: Overtime” in December … Read more
The Coinbase and bitcoin logos are displayed on a phone screen in San Anselmo, California, on Feb. 15, 2024. Justin Sullivan | Getty Images Coinbase‘s app suffered from glitches on Wednesday that led many users to see a balance of zero when opening their accounts. Bitcoin, which had just spiked to its highest level since … Read more
MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images MicroStrategy‘s HODL strategy is continuing to reward investors. The company said on Monday that it acquired an additional 3,000 bitcoins for a … Read more
OpenAI asked a judge to dismiss parts of The New York Times‘ lawsuit against it, alleging that the media company “paid someone to hack OpenAI’s products,” such as ChatGPT, to generate 100 examples of copyright infringement for its case. In a filing Monday in Manhattan federal court, OpenAI alleged it took the Times “tens of … Read more
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat … Read more
A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm uses the hour a consumer attempts … Read more
Revolut is launching a travel eSIM plan in the U.K., in a rare move for a financial services firm. Revolut British financial technology company Revolut is launching phone plans in the U.K., the company has told CNBC exclusively, making it the first financial services firm in the country to offer telecom plans — and among … Read more
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