Bitcoin has increased 1,000% in over a year and has forced the finance world to take note. But why has the price skyrocketed? PCMag.com editor Rob Marvin says it's because the rest of the cryptocurrency landscape has changed. In addition to Bitcoin there is now: Ethereum, Litecoin, Zcash, the forked Bitcoin Cash.
Plus, the former Chief Economist of the of The World Bank wants Bitcoin banned but is that going too far? Marvin and Fortune's Robert Hackett say that's a bit extreme, but more regulation may need to be put in place if the price continues to rise.
American activists are appealing to Tesla Inc. to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities.
AT&T and Verizon said Monday they will delay activating new 5G wireless service for two weeks following a request by Transportation Secretary Pete Buttigieg, who cited the airline industry’s concern that the service could interfere with systems on planes.
In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
New Year's Eve, Colorado Fires & Free Money
Cheddar looked back at Year Two of the pandemic to provide a breakdown of the biggest trends impacting money and what they could mean for 2022.
Electric car maker Tesla is recalling certain Model 3s because a coaxial cable for its backup camera can become worn and fail to transmit to the driver’s main console.
Carlo and Baker cover the news on the Ghislaine Maxwell verdict, the ongoing COVID-19 closures, and the decade-long divorce proceeding of Schwarzenegger and Shriver.
Riot Games, the publisher behind esports giant “League of Legends,” agreed to pay $100 million to settle a class-action lawsuit alleging pay disparity, gender discrimination and sexual harassment.
For video games, 2021 was about growth and the arrival of new frontiers, like the metaverse and NFTs. But, the sector also struggled with lingering problems that cast a pall over the entire industry, from supply chain constraints to the persistent issue of workplace misconduct.
Small businesses are finding a lifeline for marketing and sales in getting eyeballs on their products and services via TikTok and Instagram. Senior reporter Michelle Castillo reports.
