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The Washington Time

Tech - Page 3

Tech

NFL picks Caesars, FanDuel, DraftKings for first wave of sports betting partnerships

Lawrence Guy #93 of the New England Patriots sacks Jimmy Garoppolo #10 of the San Francisco 49ers during the first quarter of the NFL game at Gillette Stadium on October 25, 2020 in Foxborough, Massachusetts. Matt Stone | MediaNews Group | Getty

April 15, 2021
Tech

Coinbase indicated to open on Nasdaq at about $340 per share, up from $250 reference price

Coinbase shares were indicated to open at about $340 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees and existing

April 14, 2021
Tech

Here's what Coinbase is and how to use it to buy and sell cryptocurrencies

Coinbase will be the first major crypto business to go public in the U.S. when it begins trading on Wednesday. At a reference price of $250 a share ahead of the NASDAQ direct listing, the company is worth about $65.3 billion on

April 14, 2021
Tech

Chinese Tesla rival Xpeng Motors launches sedan with new driverless features as EV race heats up

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC GUANGZHOU, China — Chinese electric vehicle maker Xpeng Motors launched

April 14, 2021
Tech

Amazon unveils new wireless earbuds that are smaller, cheaper and have better noise cancellation

Amazon’s second-generation Echo Buds Amazon Amazon on Wednesday announced the second version of its Echo Buds headphones that are smaller and start at $99 while promising some of the features found in Apple’s $249 AirPods Pro. The earbuds are Amazon’s latest effort

April 14, 2021
Tech

Coinbase CEO says regulation is one of the biggest threats to crypto

Regulation is one of the biggest risks when it comes to the cryptocurrency business, Coinbase CEO Brian Armstrong told CNBC. “It’s right up there with cybersecurity,” Armstrong said in an interview with Andrew Ross Sorkin that aired Wednesday morning. “And especially now

April 14, 2021
Tech

Bitcoin and ether rally to fresh record highs ahead of landmark Coinbase listing

The Coinbase logo shown on a smartphone. Chris Delmas | AFP via Getty Images LONDON — Bitcoin and other cryptocurrencies surged to new heights on Wednesday, with traders awaiting Coinbase’s highly anticipated stock market debut. The world’s most valuable digital coin climbed

April 14, 2021
Tech

Grab's not yet profitable, but investors may give it 'leeway' to invest in new growth areas, analysts say

SINGAPORE — Investors will be keeping a close eye on when Grab will turn profitable after its record-breaking SPAC listing, according to Tom White, senior research analyst at D.A. Davidson. “There’s obviously a growing scrutiny from investors about a path to profitability,”

April 14, 2021
Tech

Chinese tech stocks rally after anti-monopoly pledge as regulators sharpen claws

A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters Regulators fined Alibaba a record $2.8 billion over

April 14, 2021
Tech

Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ahead

Coinbase is set to go public through a blockbuster direct listing Wednesday, and investors are hailing it as a “watershed” moment for the cryptocurrency industry. The digital currency exchange could be valued at as much as $100 billion, making it more valuable

April 14, 2021
Tech

British firm Dyson plans to hire 450 engineers and scientists in Singapore and the U.K.

Dyson founder and chief engineer Sir James Dyson speaks onstage in New York City. Jason Kempin | Getty Images Entertainment | Getty Images British home appliance giant Dyson, best known for its vacuum cleaners, will be hiring 450 new staff in Singapore

April 14, 2021
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Drivers being 'ripped off' as fuel prices stagnate despite oil falling by $6 per barrel

The AA claims the failure to record a small decrease

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