Crypto crash? What investors need to know about Luna, Tether, and bitcoin

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It has been what some called a “very dark” week for crypto, with stablecoin TerraUSD, once the 10th largest cryptocurrency, losing its peg, while bitcoin fell to its lowest level since 2020. … Read more

Alphabet CEO Sundar Pichai: CNBC interview

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission … Read more

Shireen Abu Akleh, journalist killed in the West Bank, was ‘the voice of Palestinian suffering’

Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN – Veteran Palestinian-American journalist Shireen Abu Akleh was a household name in the Arab world. For two and a half decades, she chronicled … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Tech layoffs, hiring slowdown stand out in red-hot job market

San Francisco Compassandcamera | Getty Images US employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider … Read more

New Lenovo Legion 7 and Slim 7 Laptops Pair Brawn with Beauty

Lenovo Legion 7Photo: Florence Ion / Gizmodo Lenovo is best known for its ThinkPad business laptops, but its Legion series has given birth to some of the best gaming systems I’ve used in the past few years. Today, the laptop maker is replacing the old with a new fleet consisting of the Legion 7 and … Read more

Musk says he would reverse Twitter’s ban of Donald Trump

LONDON (AP) – Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump should the Tesla CEO conclude his deal to acquire the social media company for $ 44 billion. Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter’s Trump ban was a … Read more

Here’s the case for buying Netflix’s stock now

Netflix Inc. has become a value stock – a bargain, according to Charles Lemonides, chief investment officer at ValueWorks in New York. During a year that has featured a re-rating for so many rapidly growing companies that had been trading at lofty valuations to earnings, Netflix Inc. NFLX, + 4.75% has fallen enough to make … Read more