Tech

In this article TSLA Elon Musk, chief executive officer of Tesla Inc., speaks to members of the media while departing from federal court in New York, U.S., on Thursday, April 4, 2019. Natan Dvir | Bloomberg | Getty Images The Securities and Exchange Commission submitted a letter to a federal judge on Friday responding to

In this article INTC Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel stock fell about 6% on Friday after the company told investors at a meeting on Thursday

In this article ROKU People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Roku shares dropped as much as 25% on Friday after the streaming company reported fourth-quarter revenue

In this article TSLA Visitors look at a Tesla Model 3 during a press preview of the Seoul Motor Show in Goyang, northwest of Seoul, on March 28, 2019. Jung Yeon-Je | AFP | Getty Images The National Highway Traffic Safety Administration has initiated a new Tesla safety probe after receiving 354 drivers’ complaints about

In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as

In this article TSLA Elon Musk, chief executive officer of Tesla Inc., waves while departing court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images Tesla CEO Elon Musk accused the Securities and Exchange Commission of harassment in a calculated effort to “chill” his

A Doordash delivery person rides their bike on Church Avenue in the Flatbush neighborhood of Brooklyn on December 04, 2020 in New York City. Food delivery startup DoorDash Inc is expected to raise its U.S. initial public offering up to $3.14 billion. Michael M. Santiago | Getty Images Shares of DoorDash soared as much as

Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did

Eric Schmidt , former chairman and CEO at Google. John Lamparski | Getty Images Eric Schmidt, the former CEO of Google, is planning to invest $125 million into artificial intelligence research through his philanthropic Schmidt Futures venture. The funding, set to be administered through an initiative dubbed AI2050, will aim to support academics working on

Nike is teaming up with roblox to launch a virtual world called Niketown. Source: Nike Gaming company Roblox shares fell more than 11% in after-hours trading Tuesday after missing fourth-quarter expectations on both the top and bottom lines. Here’s how the company did versus expectations: Revenue (bookings): $770 million vs. $772 million expected, per Refinitiv

In this article ABNB Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb beat Wall Street estimates on earnings and revenue

Server chip Yitian 710, developed by Alibaba’s in-house semiconductor unit T-Head, on display during the Apsara Conference 2021 on Oct. 19, 2021 in Hangzhou, China. Xu Kangping | Visual China Group | Getty Images Global semiconductor sales topped half a trillion dollars for the first time, as companies ramped up production to meet demand amid

Warren Buffett Gerald Miller | CNBC Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, according to a regulatory filing, jumping in before Microsoft agreed to buy the video-game publisher for $68.7 billion. Berkshire owns 14.66 million shares valued at $975 million as of the end

Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of the seven car brands who ran an ad during the Super Bowl featured electric vehicles, according to analysis published Monday by the online

A CryptoPunk NFT on display at Sotheby’s on June 4, 2021 in New York City. Cindy Ord | Getty Images LONDON — Britain’s tax watchdog has seized three non-fungible tokens, in what is thought to be the first seizure of NFTs by a U.K. law enforcement agency. Officials at Her Majesty’s Revenue and Customs say

Volkan Furuncu | Anadolu Agency | Getty Images Investors looking to put money into U.S. and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase. “You have to be

In this article 981-HK A logo atop the Semiconductor Manufacturing International Corp. (SMIC) headquarters in Shanghai, China, on Tuesday, March 23, 2021. Qilai Shen | Bloomberg | Getty Images China’s largest chipmaker Semiconductor Manufacturing International Corporation reported record revenue and a surge in profit last year amid a global chip shortage but strong demand. SMIC

A chip made by Taiwan Semiconductor Manufacturing Company TSMC Semiconductor stocks got whacked on Friday as investors digested hotter-than-expected inflation and increased tensions between Ukraine and Russia. Chipmakers had been boosted by increased demand during the pandemic and have generally reported strong earnings and outlooks in the past month. But investors are looking for less-risky

In this article PTON John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Roughly two months after Peloton’s IPO, founder

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game. Matt Lohstroh HOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at Texas A&M University, they decided to get into the business of mining bitcoin on the oil fields of East Texas. The year was 2019, and at the time, the

Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Splunk shares rose as much as 14% in extended trading on Friday after the Wall Street Journal reported that Cisco made an offer to buy the data analytics software company for over $20 billion. At the peak of its

In this article AMZN Photographer: Thorsten Wagner/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A former Amazon employee was sentenced Friday to federal prison for his involvement in an international bribery scheme. Rohit Kadimisetty, who worked as a seller support employee out of Amazon’s Hyderabad, India, office until 2015, was ordered to spend

NFL commissioner Roger Goodell Kirby Lee-USA TODAY Sports | Reuters The National Football League lobbied the Securities and Exchange Commission on “issues related to blockchain technology” from July through December last year, according to disclosure reports. Records indicate that the lobbying campaign represents the first time the NFL has attempted to influence the government agency

In this article 700-HK DIDI Budrul Chukrut | LightRocket | Getty Images Chinese internet giant Tencent has increased its stake in ride-hailing firm Didi, sending the shares of the U.S.-listed company up more than 8% on Wednesday. However, shares of Didi were down around 5% in pre-market trade on Thursday. Tencent added about 1.78 million

In this article TSLA A worker wearing a face covering exits a Tesla Inc. vehicle at the company’s assembly plant in Fremont, California, U.S., on Thursday, Aug. 13, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images David Paul Morris | Bloomberg | Getty Images A California civil rights agency sued Tesla this week, alleging racist harassment

Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm stock dropped as much as 26% on Thursday after the company reported second-quarter results ahead of schedule. Here’s how the company did versus Refinitiv consensus expectations for

Marc Benioff of the United States, Chairman and CEO of Salesforce.com, delivers a speech at the World Economic Forum in Davos, Switzerland, on January 22, 2020. Fabrice Coffrini | AFP | Getty Images Salesforce told employees at a sales kickoff on Wednesday that the company plans to release an NFT Cloud, according to people with

In this article NFLX DIS In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images The Streaming Wars are heating up — at least between Disney and Netflix. Disney added 11.8 million Disney+ subscribers globally in the fiscal first quarter, topping the average analyst estimate

Microsoft CEO Satya Nadella speaks at the company’s annual shareholder meeting in Bellevue, Wash, on Nov. 30, 2016. Jason Redmond | AFP | Getty Images Microsoft announced several commitments about operating digital storefronts in a way that might help it appear more friendly to outside developers. The company wants to strike a more open tone

In this article 7201.T-JP BMW-DE The chief operating officer of Nissan on Tuesday explained that his company has decided to move away from the development of new internal combustion engines in Europe once a tougher set of emissions standards, known as Euro 7, come into force. During an interview with CNBC’s “Squawk Box Europe,” Ashwani

In this article FB Facebook Chief Executive Officer and founder, Mark Zuckerberg, leaving the Merrion Hotel in Dublin after meeting with Irish politicians to discuss regulation of social media, transparrency in political advertising and the safety of young people and vulnerable adults. On Tuesday, April 2, 2019, in Dublin, Ireland. Artur Widak | NurPhoto |

Bloomberg | Getty Images The Justice Department announced Tuesday morning it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, authorities detained a New York couple on allegations they planned to launder the digital goods. It marks the agency’s largest financial seizure ever,

In this article NVDA AAPL AMZN Jensen Huang, chief executive officer of Nvidia Corp. David Paul Morris | Bloomberg | Getty Images Nvidia’s bid to buy Arm from SoftBank has finally ended in failure. The semiconductor giants issued a joint statement Tuesday saying the deal has been scrapped due to “significant regulatory challenges.” But was

In this article TSLA Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images

In this article AMZN The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon is boosting its maximum base

India expects its 5G spectrum auction process to conclude by August and for services to be rolled out subsequently, the country’s technology minister told CNBC. 5G refers to the fifth generation of high-speed mobile internet that aims to provide faster data speeds and more bandwidth to carry growing levels of web traffic. The Telecom Regulatory

The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Several companies are acknowledging that competitors with more flexible work

‘Bitcoin Family’ in Lisbon, Portugal Didi Taihuttu Didi Taihuttu, patriarch of the so-called ‘Bitcoin Family,’ is setting down roots in Portugal, Europe’s ultimate crypto tax haven. Settling down is a big deal for the Dutch family of five, who have traveled the world for the last five years. But after spending time in 40 countries,

Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Shares of Peloton surged more than 30% in extended trading Friday after the Wall Street Journal reported Amazon has approached the connected fitness company about a potential deal. Other potential suitors are circling,

Allie Rae Allie Rae Allie Eve Knox creates adult content. She makes sexually provocative videos, sells subscription services on platforms like OnlyFans, performs live via webcam, and works as a findomme – short for financial dominatrix, a fetish involving dominance-submission dynamics and cash. The Texas native is also a major advocate of cryptocurrency.  Knox describes

In this article BTC.CB= Sen. Ted Cruz, R-Texas, questions U.S. Capitol Police Chief J. Thomas Manger during the Senate Rules and Administration Committee hearing on “Oversight of the U.S. Capitol Police Following the January 6th Attack on the Capitol, Part III”, in Washington, January 5, 2022. Tom Williams | Pool | Reuters Sen. Ted Cruz

A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters As Google Fiber contractors in Kansas City attempt to become the first members of the Alphabet Workers Union to win bargaining power, workers there are facing a union-busting effort by their contracting firm. The contractors are employed directly by

iPhone SE Todd Haselton | CNBC Apple could launch new products as soon as March 8, according to a report from Bloomberg. The report says that Apple is preparing to announce a new low-cost 5G iPhone and iPad at the event and potentially a new Mac. The launch would be Apple’s first since October 2021,

In this article AMZN Andy Jassy, CEO of Amazon Web Services, speaks at the 2019 CERAWeek by IHS Markit conference in Houston, Texas, on March 11, 2019. Aaron M. Sprecher | Bloomberg | Getty Images Amazon just reported its slowest revenue growth in over four years and missed estimates. But investors found plenty of relief

In this article SNAP Evan Spiegel, CEO and co-founder of Snap Inc. Adam Galica | CNBC Snap reported its first quarterly net profit on Thursday, and beat analyst estimates for the fourth quarter on earnings, revenue and user growth. The report comes a day after Facebook parent Meta delivered disappointing guidance for the first quarter

In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report its fourth-quarter earnings after the bell on Thursday. Here’s what Wall Street expects: Earnings per share: $3.57, according to

In this article FB Shares of Facebook parent Meta were down more than 26% Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. It also said it’s taking a big hit from Apple’s privacy changes, and showed the first quarterly decline in daily active users on record. The stock is on pace

In this article FB Building the metaverse isn’t cheap. Meta, Facebook’s parent company, revealed the financials of its Reality Labs division for the first time in its Q4 2021 earnings report on Wednesday. That’s the segment of the company tasked with building CEO Mark Zuckerberg’s vision for the metaverse. It also includes revenue from hardware,