KOBE—Four plaintiffs have filed a lawsuit against the platform operator of Facebook and Instagram for running fraudulent ads that duped them into investing in projects they believed were endorsed by noted entrepreneurs.
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion and $99 billion for the fiscal year, attributing the increase to higher […]
Defacing or illegally removing election posters is a criminal offence. The
Christian Langalis, famously known as “Bitcoin Sign Guy,” has auctioned the “Buy Bitcoin” sign he displayed during Janet Yellen’s 2017 Congressional testimony for 16 BTC, approximately $1 million dollars at current prices. The sign was listed on the Scarce City marketplace, and was drawn on a yellow legal pad with a Uniball Vision pen. Langalis […]
Oil posted its biggest weekly decline since February on signs of easing
Competition from agile digital outlets and social media giants is forcing a major rethink of how TV news is delivered, and who is best suited to do so.
Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something else going on. But there was a lot more that […] © 2024 TechCrunch. All rights reserved. For personal use only.
Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End.
The main indexes rallied hard to end the week thanks to Apple's $110 billion stock repurchase plan and a big April payrolls miss.
The Wellness Company and their new prescription Contagion Kits are the gold standard when it comes to keeping you safe and healthy.
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk of liquidation for some spot exchange-traded fund (ETF) positions, emphasizing that over half of […]