Technology

Sam Bankman-Fried Trial appears at Federal Court in New York on Oct. 4th, 2023.Artist: Claudia JohnsonMarc-Antoine Julliard typically trades cocoa beans. But in the spring of 2021, the London-based commodities broker decided to diversify into cryptocurrency trading. His platform of choice was FTX.Two years later, Julliard stood as the prosecution's first witness in the criminal fraud trial against FTX founder Sam Bankman-Fried, who's accused of misusing billions of dollars in client money.In testimony that lasted around 50 minutes on Wednesday, Julliard recounted his experience with FTX, including the "extremely anxious" feeling he had the day he unsuccessfully attempted to withdraw…

Cameron Dales (L), president and chief commercial officer of Peak Energy, and Landon Mossburg, the CEO of Peak Energy, on a hike in the earliest days of the company. The mountains of Colorado in the background inspired the name of the company, Peak Energy.Photo courtesy Peak EnergyBattery industry veterans are coming together to launch Peak Energy, which aims to mass-produce giant batteries to even out production fluctuations from renewable energy sources, like wind and solar power generators.Because Peak Energy is focused on scaling up production of battery technology that already exists, they don't think of themselves as a traditional "startup.""A…

A merchant sells crystal ornaments via a live TikTok broadcast.CFOTO | Future Publishing | Getty ImagesTikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations.The announcement comes after the Indonesian ministry of trade last week set a one-week deadline for TikTok to become a standalone app, without any e-commerce feature, or risk being shut down."Our priority is to remain compliant with local laws and regulations," said TikTok in a statement on Tuesday."As such, we will no longer facilitate e-commerce transactions in TikTok Shop Indonesia by 17:00 GMT+7, October 4,…

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesIntel said it will treat its programmable chip unit as as a standalone business, with an aim to spin it out through an IPO in the next two to three years.The chipmaker's stock price rose 2.3% in extended trading after the announcement on Tuesday.Intel's Programmable Solutions Group will have its own balance sheet as it heads toward independence. The…

A woman crossing a normally busy stretch of downtown San Francisco suffered serious injuries Monday night after a hit-and-run driver struck her, throwing her into the path of an oncoming driverless Cruise car, which then ran her over, according to video recorded by the autonomous vehicle that Cruise showed to the NBC Bay Area Investigative Unit.Courtesy NBC Bay AreaA San Francisco woman was seriously injured after a hit-and-run driver struck her Monday evening, hurling her underneath the autonomous Cruise vehicle.Police responded around 9:30 pm to a hit-and-run incident at the intersection of Fifth and Market Streets, San Francisco police told…

Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC. Nadella is testifying in the antitrust trial to determine if Alphabet Inc.'s Google maintains a monopoly in the online search business, which is expected to last into November. Drew Angerer | Getty ImagesWhen it comes to online search, it's Google's web and everyone else is playing in it, according to rival Microsoft.That was the essence of Microsoft CEO Satya Nadella's testimony in federal court on Monday as part of the government's antitrust trial against Google. Nadella told the court that Google's dominant market share in online…

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, August 11, 2023.Eduardo Munoz | ReutersSam Bankman-Fried, the alleged crypto criminal who stands accused of masterminding one of the biggest financial frauds in U.S. history, was considering paying Donald Trump $5 billion not to run for president, according to best-selling author Michael Lewis.In an interview with CBS's "60 Minutes" that aired on Sunday, Lewis said the FTX founder wanted to put a stop to…

Activist investor Bill Ackman on Monday told CNBC he had not spoken with Elon Musk about a deal involving X, formerly known as Twitter, but that he likes the business and Musk and suggested a deal with X would be welcome if Musk wanted it."I have a lot of respect for Musk, I think Twitter is a really important platform, I think he's made tremendous improvements to the platform, and I think it's a very-difficult-to-disrupt kind of asset," Ackman told CNBC's Andrew Ross Sorkin in an interview.The billionaire CEO of Pershing Square Holdings was discussing his new carve-out vehicle, which…

Tesla electric car in driveway being charged at a home with an EV charger in residential neighborhood, Moscow, Idaho.Ucg | Universal Images Group | Getty ImagesAs all-electric vehicles become more popular and incentives for renewable energy proliferate, many early EV adopters may be reconsidering their home charging needs.The decision to upgrade from a standard Level 1 charger to a Level 2 charger at home is on many owners' minds. Sixty percent of current Level 1 users say they are likely to upgrade their home charging station to either a Level 2 permanently mounted charger or a Level 2 portable unit,…

Sheldon Cooper | Lightrocket | Getty ImagesAmazon customer service representatives this weekend have been handling a wave of inquiries from customers who received suspicious and confusing email confirmations about gift card purchases they had not made.Customers on social media said they were sent three consecutive emails, some Saturday night and others Sunday morning, thanking them for their purchases of Google Play, Mastercard and Hotels.com gift cards, despite never having bought them."An error in our system resulted in an order confirmation email being sent to customers who did not purchase a gift card. We are emailing these customers to inform them…