Bloomberg Tech

The former tech entrepreneur, “Razzlekhan” rapper and accused cryptocurrency thief Heather Morgan has a new job.

Bitcoin miners are turning their machines back on as the digital asset heads for what could be its longest winning streak in a decade.

The University of Texas at Austin has banned the use of TikTok on the campus’s networks after state and national leaders expressed concerns about the social media app’s ties to China and the large amount of user data it collects.

Ericsson AB Chief Executive Officer Borje Ekholm welcomed one of his company’s staunchest critics, activist investor Cevian Capital AB, which is seeking a seat on the 10-person board.

With job cuts mounting across the tech industry and beyond, even recruiters at Amazon are turning on green LinkedIn “open to work” badges before they’ve been formally laid off.

Silvergate Capital Corp. rose after posting fourth-quarter results that further outlined steps the bank is taking to weather the FTX meltdown, after the crypto exchange’s collapse forced it to fire staff and sell assets.

Bitcoin is starting the year on a strong note, seemingly shaking off any negative sentiment it was mired in last year and on the verge of its longest winning streak in nearly a decade.

US stocks struggled to gain traction as concern over the outlook for corporate earnings weighed on sentiment while investors assessed the path forward for central bank tightening.

After a three-year hiatus from its annual January slot, the business and financial elite returned to Davos to discuss urgent global issues including the climate crisis, political stability, the end of the era of cheap money, and food and energy security.

President Joe Biden said the US and Netherlands were working in “lockstep” over their approach to China and would discuss ways to secure global supply chains during a meeting with Dutch Prime Minister Mark Rutte at the White House.