Tech

In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned

Photo illustration of Tencent Music Entertainment (TME) logo, a Chinese company that develops music streaming services. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images China’s antitrust regulator ordered Tencent to give up its exclusive music licensing rights with international record labels and slapped a fine on the company, as Beijing continues to crack

Getty Actor Adrian Grenier of “Entourage” believes that fiat currencies like the U.S. dollar are on the way out, and bitcoin is poised to take their spot.  While Grenier is the first to admit that he’s not a crypto expert, the actor does have a pretty large megaphone, and as of late, he’s using it

Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber’s one-time, $9.4 billion stake in Chinese ride-hailing giant Didi has dwindled by half in less than a month as China escalates its threats to U.S.-listed companies. More than $2

Indian start-up Lenskart plans to go public within the next three years, CEO and founder Peyush Bansal told CNBC on Friday. The company, which sells eyewear online and via retail outlets, this week announced it received $220 million in funds, led by Singapore state investor Temasek and Falcon Edge Capital. Earlier this year, Lenskart raised

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Twitter shares rose as much as 9% in extended trading

In this article AKAM DAL COF UPS T COST Several major websites were down on Thursday in what appears to be a widespread outage. Akamai, a content distribution network, or CDN, which helps data move around the internet, said on its website it’s investigating “an emerging issue with the Edge DNS service.” The company said

Pedestrians walk past a Xiaomi Corp. store and a Samsung Electronics Co. store in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images Smartphone makers shipped about 32.4 million devices in India between April and June, according to research firm Canalys. That was about 13% fewer handsets shipped compared with the previous three months. A

In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to

In this article NFLX In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images For the first time, Netflix executives spoke at length Tuesday about the company’s video gaming aspirations. Their rationale for expanding the company’s product offerings

In this article NFLX Co-CEO of Netflix Reed Hastings (R) and CEO of Nubank David Velez walk together at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report second-quarter earnings after the bell on Tuesday. Here are the key

Tesla Supercharger Station CNBC | Andrew Evers Tesla CEO Elon Musk said Tuesday that the company’s network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Responding to a Tesla fan on Twitter, where Musk commands a following of

Elon Musk is famous for electric vehicles, reusable rockets, and satellites that can beam down high-speed internet to the most remote regions of the planet. But in 2016, he set his sights lower. The idea was to create a company that would solve traffic by building a system of underground tunnels. Musk founded The Boring

Vlad Tenev and Baiju Bhatt, who co-founded Robinhood. Mark Neuling | CNBC Fintech is minting billionaires by the month. Already this year, Coinbase’s co-founders have joined the billionaire ranks, along with the founders of Affirm and Marqeta. For years, Silicon Valley has been taking on the banking incumbents with promises of a better customer experience,

iPhone 12 Mini and iPhone 12 Pro Max. Todd Haselton | CNBC Apple iPhones can be compromised and their sensitive data stolen through hacking software that doesn’t require the phone’s owner to click on a link, according to a report by Amnesty International published on Sunday. Amnesty International said it discovered iPhones belonging to journalists

U.S. President Joe Biden delivers remarks on the economy from the White House in Washington, U.S. July 19, 2021. Jonathan Ernst | Reuters President Joe Biden on Monday walked back some of his prior criticism of Facebook, saying he meant to accuse a handful of the social media platform’s users of spreading deadly lies about

In this article TSLA 9868-HK Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as low as 160,000 yuan ($24,694)

An Israeli woman uses her iPhone in front of the building housing the Israeli NSO group, on August 28, 2016, in Herzliya, near Tel Aviv. Jack Guez | AFP | Getty Images Private Israeli spy software was used to hack dozens of smartphones that belonged to reporters, human rights activists, business executives and the fiancee

U.S. President Joe Biden departs after delivering an update on his administration’s coronavirus disease (COVID-19) response in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, June 2, 2021. Carlos Barria | Reuters President Joe Biden on Friday said platforms like Facebook are killing people by allowing Covid-19 vaccine misinformation

US President Joe Biden walks to Marine One on the South Lawn of the White House July 16, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images Facebook on Saturday refuted remarks made by President Joe Biden that social media platforms are “killing people” by allowing coronavirus vaccine misinformation on their services and argued

Well before China decided to kick out all of its bitcoin miners, they were already leaving in droves, and new data from Cambridge University shows they were likely headed to the United States. The U.S. has fast become the new darling of the bitcoin mining world. It is the second-biggest mining destination on the planet,

Federal Reserve chair Jerome Powell has been testifying on Capitol Hill this week, and it’s pretty clear that he is not a fan of digital coins – especially stablecoins. During a two-day congressional hearing, the Fed chief said the main incentive for the U.S. to launch its own central bank digital currency, or CBDC, would

The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters Tesla just introduced a way for customers to subscribe to its premium driver assistance package for $199 a month, rather than paying $10,000 up front. Marketed as Full Self-Driving capability (or

In this article AAPL AMZN The Amazon shopping app in the Google Play Store on an Android smartphone. Christoph Dernbach | picture alliance | Getty Images Apple has removed Fakespot, a well-known app for detecting fake product reviews, from its App Store after Amazon complained the app provided misleading information and potential security risks. Fakespot’s

In this article GOOGL Google Cloud headquarters sits in Sunnyvale, California. Google Cloud Google has parted ways with its VP of developer relations for Google Cloud after a contentious all-hands meeting. “I wanted to share that today is Amr Awadallah’s last day at Google,” wrote Vice President of Engineering & Product for Google Cloud Eyal

In this article AAPL 1810-HK A Xiaomi logo is seen at a Xiaomi store on June 22, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images GUANGZHOU, China — Chinese smartphone maker Xiaomi was the second-largest smartphone maker in the second quarter, overtaking Apple, a new report from analyst firm Canalys

In this article TSLA Acquco t-shirt for Tesla giveaway Acquco Start-ups are raising hundreds of millions of dollars to acquire the top independent sellers on the Amazon Marketplace, creating a gold rush to “roll up” these mostly small businesses into larger entities that have better resources and can pour money into growth. Competition to acquire

In this article AMZN FB Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), testifies during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | AFP | Getty Images Amazon and Facebook have filed petitions seeking Federal Trade Commission Chair

In this article DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Rivals to Chinese ride-hailing giant Didi are trying to eat away at

For years, cryptocurrency holdings of U.S. taxpayers have existed in a sort of reporting gray zone. But now, those crypto wallets are getting a whole lot of attention from the Internal Revenue Service and President Biden, who appear determined to crack down on tax cheats. The timing makes sense. The president needs to raise money,

In this article AAPL People walk past an Apple retail store on July 13, 2021 in New York City. Angela Weiss | AFP | Getty Images Apple is asking suppliers to ramp up production of its next-generation iPhones by 20%, according to Bloomberg. The stark increase from its 2020 production numbers comes despite last year

iPhone 12 MagSafe battery pack Apple Apple announced a battery pack on Tuesday that snaps to the back of the iPhone 12 to provide extra battery life. It will help people get longer battery life from their iPhone if it’s about to die. The MagSafe Battery Pack costs $99 and is available in white. It’s

Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk revealed in court on Monday that demand for Tesla Powerwalls stands around 80,000 units, but the company won’t be

In this article TSLA Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images WILMINGTON, Del. — Tesla CEO Elon Musk is heading back to court for a second day, and is likely to be questioned

Art at the cryptocurrency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami on June 4, 2021. Marco Bello | AFP | Getty Images Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance

In this article TSLA Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images WILMINGTON, DEL. — Tesla CEO Elon Musk defended his role in the company’s $2.6 billion acquisition of SolarCity in court

Sheldon Cooper | LightRocket | Getty Images ByteDance, the Chinese owner of TikTok, reportedly scrubbed plans for an offshore listing after government officials asked the company to focus on data security risks. The Beijing-based tech giant had been weighing an initial public offering of all or some of its businesses in the U.S. or Hong

People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images For about 16 months, the U.S. and U.K. news industries have predominantly operated out of people’s living rooms, home offices and bedrooms. Now, they’re deciding what post-pandemic life

Facebook CEO Mark Zuckerberg rides an electric surfboard holding the American flag. July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg celebrated Fourth of July in unique fashion: Holding an American flag as he glided on a body of water, elevated on a board about a foot above the surface. The Facebook CEO was hydrofoiling, which

In this article AAPL Second-generation Apple AirPods with wireless charging indicator Todd Haselton | CNBC When AirPods were first released in 2016, they were a marvel of miniaturization. To ditch cords and go wireless, Apple packed several chips, microphones and speakers into each headphone, which weigh about 4 grams. Without a cord, the earbud gets