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Seoul
Tuesday, May 11, 2021
Facebook shelled out roughly $23.4 million in 2020 to protect its founder and CEO Mark Zuckerberg. The massive amount includes about $13.4 million for personal security for Zuckerberg, along with an additional annual $10 million pre-tax allowance for the protection of his family, according to a Proxy statement filed by Facebook last Friday. Z...
Firms used to keep politics at arm’s length. What went wrong?...
Jordan Belfort, the infamous stockbroker who inspired the hit 2013 film “The Wolf of Wall Street,” is hosting a new documentary for the Discovery+ streaming service about the wild rise and fall of GameStop’s stock. Discovery took notice when Belfort weighed in as the GameStop saga unfolded, telling news outlets that the “little guy” can “play th...
The price of bitcoin climbed to a new record high above $63,000 Tuesday as the cryptocurrency exchange Coinbase prepares to go public this week. The world’s largest and oldest digital coin hit an all-time peak of $63,209.45 Tuesday morning, according to CoinDesk, surpassing the previous record of $61,742 it hit last month. Bitcoin was recentl...
Domino’s Pizza will be delivering pies with the help of driverless robot cars as part of a pilot in Houston beginning this week. The largest pizza chain in the US is partnering with Nuro, a self-driving delivery company that has raised more than $1 billion from investors including Softbank, and which received regulatory approval last year to beg...
Microsoft is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications for about $16 billion, according to a source familiar with the matter. The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday. Nuance shares c...
Google has utilized a secret program to track bids on its ad-buying platform — and has been accused of using the information to gain an unfair market advantage that raked in hundreds of millions of dollars annually, according to a report. The initiative — dubbed “Project Bernanke” in an apparent reference to former Federal Reserve chairman Ben B...
The business of “mobility” in its many forms is huge, and legacy metal-bashers are racing to adapt...
April 9, 2021 — 5.19pm April 9, 2021 — 5.19pmNormal text sizeLarger text sizeVery large text sizeIn the battle for social change, high profile individual cases – the causes celebres – can play a crucial role in putting an issue into sharp focus.The allegations of rape made by Brittany Higgins provided such a catalyst for the federal Parliament. Aus...
Tesla chief Elon Musk expressed support for COVID-19 vaccines despite previously raising questions about their safety and saying he wouldn’t get the jab himself. The world’s second-richest man tried to clear up his vaccine views on Twitter after drawing ire last month for his vocal skepticism about two-dose regimens. “To be clear, I do suppor...
What Silicon Valley’s latest hype cycle says about the future of social media...
The last redoubt of the pay-TV bundle is under siege...