Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos, in Read more
Tag: online services
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a Read more
Tesla stock set to lose more than 8% this week as CEO Elon Musk completes another roller coaster week at Twitter
Tesla Inc. stock is looking at an 8% loss for the week, underperforming the broader stock market and auto peers as Chief Executive Elon Musk finished another roller-coaster week at Read more
Elon Musk says Twitter bankruptcy ‘not out of the question’ as more top execs leave: reports
Twitter’s new owner, Elon Musk, laid out a dire financial forecast late Thursday, saying the social-media company could lose billions of dollars and that bankruptcy cannot be ruled out, according Read more
Elon Musk to Twitter staff: There will be ‘difficult times’ ahead, so get back to the office
There will be “difficult times ahead” for Twitter workers — and they will unfold at Twitter’s offices, according to Elon Musk, the social-media company’s new owner. In his first email Read more
Mystery couple’s $2M donation spread happiness globally — and you can do it too, even if you’re not a millionaire
Here’s a new argument for giving away your money instead of keeping it to yourself: you’ll generate measurably more happiness in the world. People who received $10,000 cash gifts as Read more
My son’s wife got pregnant by a registered sex offender, which delayed their divorce proceedings. He’s now paying child support for this newborn. What can he do?
Dear Quentin, My son is going through a divorce after 18 years of marriage, and he has a five-year-old son. His wife never held a steady job before or after Read more
These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising Read more
These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that soothes investors’ fears. Stocks that had been among the worst performers of 2022 are rising Read more
Opinion: Tech companies are suddenly playing it safe — why that’s a strategy blunder
Technology giants Meta, Stripe and Lyft are laying off thousands. The Ukraine war is keeping gas prices near record highs and stoking geopolitical uncertainty. The Federal Reserve has jacked up Read more