An Amazon.com delivery driver carries boxes into a van outside of a distribution facility on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images Amazon is launching a new shipping option for shoppers who don’t want to wait for their package to arrive by mail. The company on Thursday rolled
Tech
In this article .BBKA The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. Ralph Orlowski | Reuters German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings performance in the third quarter. SAP’s third-quarter
In this article TSLA Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tesla reported third-quarter earnings after the bell Wednesday, and it’s a beat on both the top and bottom lines. Here are the results. Earnings per share
In this article FB With an image of himself on a screen in the background, Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Chip Somodevilla | Getty Images Facebook CEO Mark Zuckerberg is now listed
In this article BABA Jack Ma, founder of Alibaba Group, attends opening ceremony of the 3rd All-China Young Entrepreneurs Summit on September 25, 2020 in Fuzhou, Fujian Province of China. Lyu Ming | China News Service via Getty Images GUANGZHOU, China — Alibaba’s Hong Kong shares rallied as much as 9% on Wednesday following reports
Scene from “Squid Game” by Netflix Source: Netflix It may seem like every American you know has watched “Squid Game,” but the show’s popularity has not yet created a surge of new Netflix subscribers in the U.S. 142 million Netflix subscribers have seen at least two minutes of the wildly popular South Korean drama, Netflix
In this article GOOGL Google Pixel 6 and Pixel 6 Pro phones Google Google on Tuesday unveiled the full details of its new Pixel 6 and Pixel 6 Pro phones, the first to run on its Google Tensor chip instead of Qualcomm‘s processor. Google Tensor was announced in August. Google’s Android operating system runs on
In this article DHER-DE A courier for German grocery delivery start-up Gorillas, on his way to deliver an order in Berlin on July 8, 2021. Tobias Schwarz | AFP via Getty Images LONDON — German food delivery firm Delivery Hero has invested $235 million in Gorillas, an online grocery start-up, as part of a $1
In this article AAPL Apple MacBook Pro Source: Apple Before Monday, the last major redesign for Apple‘s larger MacBook Pros came in 2016, with several features that looked to the future. The 2016 MacBook Pros sported universal USB-C connectors that could power displays and peripherals, a “butterfly” keyboard that allowed the devices to become even
In this article AMZN Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group/The Riverside Press-Enterprise via Getty Images | MediaNews Group | Getty Images Amazon said Monday it’s hiring 150,000 seasonal employees in the U.S. to assist with a surge of demand tied to the holiday shopping rush. It’s a sharp
In this article FB In this photo illustration, the Facebook logo is seen on a smartphone screen with the EU flag in the background. Chukrut Budrul | SOPA Images | LightRocket via Getty Images LONDON — Facebook plans to create 10,000 jobs in the European Union over the next five years in a push to
The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Swedish fintech firm Klarna on Monday said it is introducing a number of changes to its product in the U.K., as regulators in the country prepare to tighten regulation on the fast-growing “buy now, pay later”
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq On Oct. 9, 2017, GitLab announced a $20 million funding round led by Alphabet’s GV, formerly known as Google Ventures. The news hit just as larger rival GitHub was about to start its annual developer conference. It was just one instance of
In this article DIS NFLX Scene from “Squid Game” by Netflix Source: Netflix In the streaming wars, one company’s hit is another company’s failure. Netflix‘s “Squid Game” is an exception. Netflix has its biggest hit ever with “Squid Game,” the gory dystopian South Korean series that has taken the world by storm. More than 111
Sarah Ostrowski was convinced to finally get vaccinated after reading numerous stories on Reddit’s r/HermanCainAward of unvaccinated people dying from Covid-19. Courtesy of Sarah Ostrowski For most of the pandemic, Sarah Ostrowski went to her full-time gas station job in Indiana, accepting the risk of being unvaccinated. Many times a day she interacted with customers
2020 MacBook Air with M1 chip Todd Haselton | CNBC Apple is holding a launch event on Monday to announce new products, like a redesigned MacBook Pro. Apple has a chance to drive continued momentum to its Macs ahead of the holiday shopping season, especially since it’s expected to announce more computers that run on
Square CEO Jack Dorsey said late on Friday the company might jump into the bitcoin mining business. Dorsey tweeted that the company is considering a “bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.” The price of bitcoin rose above $62,000 following Dorsey’s string of tweets, as the world’s
Elizabeth Holmes (L), founder and former CEO of Theranos, leaves the courthouse with her husband Billy Evans after the first day of her fraud trial in San Jose on Sept. 8, 2021. Nick Otto | AFP | Getty Images ]SAN JOSE, CALIF. — Daniel Edlin, a former Theranos project manager who was friends with Elizabeth
In this article BTC.CM= Bitcoin on display. Chesnot | Getty Images Bitcoin climbed Friday to hit a five-month high, and was inches away from hitting $60,000. The world’s biggest cryptocurrency surged as high as $59,920, notching its highest level since May. 10. But it struggled to break above the $60,000 mark. Bitcoin was last trading
QINGDAO, China — The global chip shortage could persist for another two to three years before ending, the President of Hisense, one of China’s largest TV and household goods makers, told CNBC. Industries from consumer electronics companies to automakers are dealing with a shortage of semiconductors. This has led to shortage of products such as
In this article ETC.BF= BTC.BS=-USS Tony Andrews | Twenty20 U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, began piloting crypto payments in August in a first for the industry. But CEO Mat Ishbia
Recent data from LinkedIn shows the skills that are most in-demand as the labor market attempts to slowly regain its footing after the steep decline caused by Covid-19. Aytac Unal | Anadolu Agency | Getty Images Microsoft announced Thursday it will shut down its local version of LinkedIn in China. LinkedIn was the last major
A customer uses a SumUp payment card reader in Lisbon, Portugal, on Sept. 13, 2019. Angel Garcia | Bloomberg via Getty Images LONDON — SumUp, a U.K.-based payment processor, has acquired marketing start-up Fivestars in a bid to expand its reach across the U.S. and take on giants like PayPal and Square. The company said
Joseph “Joe” Montana, co-founder of iMFL and retired National Football League (NFL) quarterback, speaks during an interview in San Francisco, California, U.S. on Tuesday, April 30, 2013. David Paul Morris | Bloomberg | Getty Images Joe Montana won his first Super Bowl as an NFL quarterback in 1982. Almost four decades later, he’s about to
[The livestream is set to begin at 8:30 a.m. ET. Please refresh the page if you do not see the web player above.] Jeff Bezos’ Blue Origin is set to launch its New Shepard rocket for the fifth time this year on Wednesday, and Canadian actor William Shatner will join the second crewed spaceflight for
The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it was already trending in that direction, new data from Cambridge University released early Wednesday makes it official. As of July, 35.4% of bitcoin’s hashrate – an industry term used to describe the collective computing power
In this article AAPL Tim Cook opens the Apple Event on Sept. 14th, 2021. Source: Apple Inc. Apple announced Tuesday it plans to hold a launch event on Oct. 18, where the company could announce new MacBook laptops and AirPods headphones. The event was revealed in invites to media and a tweet from Apple’s senior
In this article FB Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce Committee | Handout | via Reuters Reps.
In this article 708-HK People walk by an unopened shop for Evergrande’s electric cars during the last day of the National Day and Golden Week holidays on October 7, 2021 in Wuhan, Hubei province, China. Evergrande, China’s largest property developer, is facing a liquidity crisis with total debts of around $300 billion. The problems faced
In this article FB Marc Andreessen speaking at the 2017 ReCode Conference on May 30, 2017. Asa Mathat for Vox Media Two of Facebook’s top engineers on its blockchain and digital currency project left the company to join Andreessen Horowitz’s crypto team, the venture capital firm told CNBC on Monday. Riyaz Faizullabhoy and Nassim Eddequiouaq
In this article AAPL Tim Cook, chief executive officer of Apple Inc., wears a protective face shield while walking back to the courtroom after a break at the U.S. district court in Oakland, California, U.S., on Friday, May 21, 2021. David Paul Morris | Bloomberg | Getty Images Apple wants another go in its legal
In this article BABA 700-HK 3690-HK GUANGZHOU, China — Meituan shares surged over 7% on Monday, leading China technology stocks higher, after the food delivery giant was slapped with a fine as a result of an antitrust probe. On Friday, China’s State Administration for Market Regulation (SAMR) said Meituan abused its dominant position in the
In this still image from video provided by the NFL, NFL Commissioner Roger Goodell speaks from his home in Bronxville, New York during the first round of the 2020 NFL Draft on April 23, 2020. (Photo by NFL via Getty Images) Photo by NFL via Getty Images At last month’s Communacopia conference held by Goldman
Former Google, Facebook and Pinterest employee Ifeoma Ozoma launched a free resource guide and a new California law in the same week. Ifeoma Ozoma Whistleblowers are getting louder in Silicon Valley. Most notable is ex-Facebook employee Frances Haugen, who testified in front of Congress this week after revealing documents that showed the company is aware
In this article 9984.T-JP GOOGL .FKRX300 NG.-GB In June of 2020, Boston Dynamics started selling its first commercial robot: Spot. It was a big moment for the company. For most of its 30 year history, Boston Dynamics has been focused on research and development. Initially, Boston Dynamics received a lot of its funding from the
In this article FB A person using Instagram. Lorenzo Di Cola | NurPhoto via Getty Images Lakinya Francis is building a LinkedIn account, Haley Sanchez is expanding her email list and Michael Elefante plans to build out his website. “We get so fixated on what’s working and that’s fine but we need to have a
Zoom In IconArrows pointing outwards Foundry USA A war is brewing among states to attract bitcoin miners, and new data shows that a whole lot of them are headed to New York, Kentucky, Georgia, and Texas. Within the U.S., 19.9% of bitcoin’s hashrate – that is, the collective computing power of miners – is in
Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple filed a notice of appeal in the Epic Games case and is asking for a stay on the injunction that lets developers add in-app links
In this article FB Former Facebook employee and whistleblower Frances Haugen testifies during a Senate Committee on Commerce, Science, and Transportation hearing entitled ‘Protecting Kids Online: Testimony from a Facebook Whistleblower’ on Capitol Hill, October 05, 2021 in Washington, DC. Jabin Botsford | Getty Images The following is a selection from Big Technology, a newsletter
In this article TSLA A man drives his Tesla car as the Starship SN8 of SpaceX is seen behind, days before a test launch of the company’s new super heavy-lift Starship rocket from their facilities in this small town of Boca Chita, Texas, December 4, 2020. Gene Blevins | Reuters Tesla is moving its headquarters
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
Carlos Watson records a TV debate for Take On America With OZY at The Bently Reserve on October 29, 2018 in San Francisco, California. Kimberly White | Getty Images Several former employees of Ozy Media say there is no evidence that the millions of dollars the company received through a federal Covid relief program to
Hungarian-born US investor and philanthropist George Soros delivers a speech on the sideline of the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. Fabrice Coffrini | AFP | Getty Images Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed that it
Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday announced its decision to sell its MoPub mobile advertising network to mobile game developer