Technology

Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG

Crypto publication CoinDesk has engaged Lazard to mull a full or partial sale of the business, a subsidiary of Barry Silbert’s Digital Currency Group.  
Read More

Apple is the only tech giant that still hasn’t announced layoffs — these charts may

The tech giants went on a hiring spree over the last few years, with one exception.  
Read More

Palantir CEO tells tech workers who don’t like the company’s military deals, ‘Don’t work here’

At the World Economic Forum in Davos, Switzerland, on Wednesday, Palantir CEO Alex Karp said, “We are not everyone’s cup of tea.”  
Read More

Americans see Biden’s handling of classified docs as inappropriate — but not criminal, poll shows

Americans viewed former President Donald Trump’s handling of classified documents differently than President Joe Biden’s situation, Quinnipiac polls showed.  
Read More

Bed Bath & Beyond looks for capital infusion, buyer ahead of likely bankruptcy filing

Bed Bath & Beyond is looking for financing to keep it afloat during a bankruptcy process, and continued discussions with prospective buyers, according to people familiar.  
Read More

Davos elites see a major risk ahead for markets with looming U.S. debt standoff

Budding optimism at the annual meeting of billionaires, heads of state and business leaders in the Swiss Alps collided with a fresh threat.  
Read More

Marvel movies are set to return to China, but Covid could weigh on ticket sales

Marvel movies “Black Panther: Wakanda Forever” and “Ant-Man and the Wasp: Quantumania” will open in China in February.  
Read More

Microsoft layoffs are not enough to shake our cautious view of the tech giant

Microsoft’s (MSFT) layoff announcement Wednesday reinforces the Club’s belief that the technology giant’s business has more challenges ahead.  
Read More

Mexico cracks down on solar geoengineering, forcing startup to pause operations

Make Sunsets was testing the idea of cooling the atmosphere with sunlight-reflecting chemicals in Baja, but came under widespread criticism.  
Read More

Fugitive $100 million New Jersey deli defendant Peter Coker Jr. arrested in Thailand

Hometown International, which only owned a small New Jersey deli, was once valued at $100 million on the stock market.  
Read More