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
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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
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