Tech News

Cuba bets on specialty coffee to boost industry

In the lush, fertile mountains of Cuba, farmer Jesus Chaviano dreams of adding his arabica beans to a list of specialty coffees the country hopes will lift an industry in decline.. Chaviano is optimistic that one day his coffee will be one of the feted specialty brands being exported from Cuba.

Elizabeth Holmes to be sentenced in Theranos fraud trial

Fallen US biotech star Elizabeth Holmes faces sentencing on Friday after being found guilty of defrauding investors and endangering patients in a case that became an indictment of Silicon Valley.. Holmes will appear Friday in front of the same judge who presided over her long trial in a US court in the Silicon Valley city of San Jose, California.

Twitter exodus begins after Musk 'hardcore' ultimatum

Employee departures were multiplying at Twitter on Thursday after an ultimatum from new owner Elon Musk, who demanded staff choose between being "extremely hardcore" and working intense, long hours, or losing their jobs.. "Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore," Musk wrote in the ultimatum, an internal memo sent Wednesday and seen by AFP.  "This will mean working long hours at high intensity.

Ticketmaster cancels public sale of Taylor Swift tickets

After days of glitches and long waits frustrated fans trying to buy Taylor Swift tickets during presale windows, Ticketmaster on Thursday said they were cancelling tomorrow's slated public sale.. "Due to extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand, tomorrow's public on-sale for Taylor Swift | The Eras Tour has been cancelled," the ticketing broker tweeted.

Starbucks staff go on strike in US stores over labor talks

Starbucks workers in the United States went on strike at multiple unionized locations Thursday, a move planned to affect over 100 stores in protest against the coffee giant's approach in negotiating union contracts.. Now, Starbucks Workers United represents more than 260 locations -- a fraction of around 10,200 stores that Starbucks manages in North America.

Blizzard to pull popular games from China after license spat

US gaming giant Blizzard Entertainment will suspend most of its services in China from January, the company said Thursday, after it failed to reach a licensing deal with local firm NetEase.. But the firm said it had failed to reach an agreement with Chinese publisher NetEase over an extension to their 14-year partnership.

FBI probing cases of bomb-laden drones in US

FBI Director Christopher Wray said Thursday the agency is investigating several cases in which people sought to fly drones equipped with home-made bombs within the United States.. Wray, speaking in a hearing on domestic threats by the Senate Homeland Security Committee, did not provide any detail on the armed drone cases.

Salvadoran president vows to buy "one #Bitcoin every day'

President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of the crypto money. . "We are buying one #Bitcoin every day starting tomorrow," the president tweeted. 

FTX had 'complete failure' of controls, new CEO says

Collapsed cryptocurrency exchange FTX suffered a "complete failure of corporate controls" under founder Sam Bankman-Fried, the company's new chief executive said Thursday, calling the situation "unprecedented.". "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said in the filing.