The OnlyFans logo displayed on a laptop. Gabby Jones | Bloomberg | Getty Images OnlyFans is banning the one thing most users go to its site for: pornography. The U.K.-based content subscription service said Thursday it would no longer allow “sexually explicit” content, starting from Oct. 1. OnlyFans said the decision was taken to comply
Tech
In this article TSLA Elon Musk Tesla Bot Tesla will build a humanoid robot called Tesla Bot, CEO Elon Musk said on Thursday. “We’re also good at sensors and batteries and we’ll probably have a prototype next year that looks like this,” Musk said, shortly after an actor in a body suit designed to look
In this article HOOD A person looking at a smartphone with the projected Robinhood price shares in Los Angeles, July 27, 2021. Chris Delmas | AFP | Getty Images Robinhood’s short run as a meme stock has crashed into Wall Street reality. Shares of the stock-trading app dropped 8% on Thursday to $45.79 after the
Global adoption of cryptocurrency has taken off in the last year, up 881%, with Vietnam, India and Pakistan firmly in the lead, according to new data from Chainalysis. It is the second year the blockchain data firm has released its Global Crypto Adoption Index, which ranks 154 countries according to metrics such as peer-to-peer exchange
In this article TSLA A Tesla Model S car is displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Some Tesla customers in Florida and California have experienced delivery delays of weeks or months, forcing them to rely on borrowed cars,
In this article FB A giant digital sign is seen at Facebook’s corporate headquarters campus in Menlo Park, California, on October 23, 2019. Josh Edelson | AFP | Getty Images When Michelle Moran read that Facebook would be delaying its employees’ office return until 2022, she broke into tears. That’s because Moran, a contractor for
In this article VTA-NL TSLA CHPT Tesla Supercharger Station CNBC | Andrew Evers Tesla, Volta and ChargePoint stations topped the list in J.D. Power’s first-ever survey on electric vehicle charging options for U.S. drivers of plug-in hybrids and battery-electrics away from home. The global analytics company’s 2021 U.S. Electric Vehicle Experience Public Charging Study surveyed
In this article GOOGL Google Pixel 5a Google Google on Tuesday announced the Pixel 5a, a new budget Pixel phone that shows the company is continuing to dedicate resources to building fresh hardware across a range of prices. The Pixel 5a costs $449 and will launch on Aug. 26. Google is slowly ramping up its
In this article PLTR Alexander Karp, CEO of Palantir Technologies Inc. Getty Images While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company
In this article FB Taliban fighters with a vehicle on a highway in Afghanistan. Saibal Das | The India Today Group | Getty Images Facebook has banned the Taliban and any content that promotes it from the main Facebook platform, Instagram and WhatsApp. The social media giant told CNBC Tuesday that it considers the Afghan
In this article AMZN At a Whole Foods Market grocery store in San Ramon, California, signage advertises new discounts for Amazon Prime members. Smith Collection/Gado | Archive Photos | Getty Images Amazon confirmed on Monday that Wei Gao, a top grocery executive, is leaving the company. Gao most recently served as vice president of grocery
In this article TSLA Federal vehicle safety regulators launched a formal investigation into Tesla‘s Autopilot system following a series of crashes that have left at least 17 people injured and 1 dead, according to documents posted to the National Highway Traffic Safety Administration on Monday. Autopilot is Tesla’s limited self-driving feature that still requires a
In this article ABNB DASH UBER A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Airbnb CEO Brian Chesky told CNBC’s “Mad Money” in April that the home-sharing site can “take marketing down to zero and still have 95% of
Dan Elitzer and Jeremy Rubin rolled out the “MIT Bitcoin Project” in 2014. Christopher A. Maynor Jeremy Rubin was a sophomore studying computer science and electrical engineering when he decided that he wanted to give every undergraduate student at the Massachusetts Institute of Technology $100 worth of bitcoin. Seven months later – armed with half
Cynthia DiBartolo, CEO, Tigress Financial Partners, at the New York Stock Exchange. Source: NYSE Robinhood’s highly anticipated IPO last month was led by Wall Street heavy hitters Goldman Sachs and JPMorgan Chase. But the extensive list of underwriters also included boutique minority-owned firms Ramirez & Co. and Siebert Williams Shank. Of the 17 firms that
In this article 9999-HK 700-HK 7974.T-JP MSFT 6758.T-JP Gamers visit Sony’s PlayStation booth at the annual China Joy gaming conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC GUANGZHOU, China — For 14 years, gaming consoles from the likes of Sony, Microsoft and Nintendo were banned in China. The ban was finally lifted
Kevin Paffrath, Kevin Paffrath smiles for a selfie in front of the California State Capitol in Sacramento on Friday, July 16, 2021. Kevin Paffrath via AP Last year at this time, Kevin Paffrath was focused on his YouTube channel, where his half-million-plus followers could tune in for daily commentary on housing, stocks and stimulus checks.
Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime, a so-called “challenger bank” known for fee-free banking, early paydays
Reddit will use its new funding to further its international presence and explore more content types, co-founder and CEO Steve Huffman told CNBC on Friday. “First order of business is make Reddit awesome. Make Reddit faster, more relevant, help it work for more people,” Huffman said about the company’s plans on “TechCheck.” ”And then we look to
In this article NFLX DIS Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since mid-March due the coronavirus pandemic. Paul Hennessy | SOPA Images | Getty Images This round,
The Poly Network logo displayed on a phone screen with a physical representation of some cryptocurrencies. Jakub Porzycki | NurPhoto via Getty Images Nearly all of the $600 million stolen in one of the biggest cryptocurrency heists ever has now been returned by hackers. Poly Network, the crypto platform targeted in the attack, said Thursday
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from
Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data-analytics company Palantir released its second-quarter earnings, beating Wall Street’s expectations for revenue and giving upbeat guidance for the current quarter. Shares of the company were up more than 5% premarket. Here’s how
Didi Taihuttu Didi Taihuttu, his wife, and three kids liquidated all of their assets and bought bitcoin in 2017, back when it was trading at around $900. Now, the Dutch family of five is safeguarding most of their crypto fortune in secret vaults on four different continents. “I have hidden the hardware wallets across several
In this article GOOGL FB SNAP Joseph Melles is a content creator who has made thousands from Snap’s Spotlight feature, but he is now planning to post his content elsewhere after payments from the company have started to dry up. Courtesy of Joseph Melles Joseph Melles had been working at Wendy’s for a few months
In this article AAPL Sens. Marsha Blackburn, R-Tenn., and Richard Blumenthal, D-Conn., conduct a news conference in Capitol. Tom Williams | CQ-Roll Call, Inc. | Getty Images A new bipartisan bill announced Wednesday seeks to bring more competition to the app store market currently dominated by Apple and Google. The Open App Markets Act, led
A Deliveroo rider’s bike near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images LONDON — Deliveroo doubled orders in the first half of 2021, as appetite for food delivery services held up even as coronavirus restrictions eased. The British food delivery company reported orders of 148.8 million in the
In this article 700-HK 9999-HK The NetEase Games booth at the China Joy conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC GUANGZHOU/HANGZHOU, China — NetEase is gearing up to release a major game it hopes will boost its international expansion efforts as competition intensifies with incumbent Tencent and newcomer ByteDance. In a
Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part
Peter Endig | AFP | Getty Images Amazon is making it easier for consumers to file a complaint when they believe they’ve been harmed by a product from a third-party seller. On Tuesday, the company updated its longstanding returns policy, referred to as the A-to-Z guarantee, to address defective product claims. Beginning Sept. 1, consumers
Steve Proehl | Corbis Unreleased | Getty Images Apple defended its new system to scan iCloud for illegal child sexual abuse materials (CSAM) on Monday during an ongoing controversy over whether the system reduces Apple user privacy and could be used by governments to surveil citizens. Last week, Apple announced it has started testing a
In this article GNOG DKNG The wild spate of mergers and acquistions in the gambling industry continued Monday as DraftKings agreed to acquire Golden Nugget Online Gaming for $1.56 billion in stock. Golden Nugget Online shareholders will receive 0.365 shares of DraftKings stock, which puts the offer at a 53% premium to Golden Nugget Online
In this article BABA The front of Alibaba’s Wangjing office in Beijing on Dec. 24, 2020. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — Alibaba has fired a manager accused of sexual assault and disciplined other employees as the Chinese e-commerce giant looks to limit reputational damage. Over the weekend, a female employee
The Bootleg Fire rages across central Oregon state, in Klamath County, Oregon, in this July 13, 2021 picture obtained from social media. Oregon State Fire Marshal | via Reuters Air quality in the United States and Europe improved over the last decade thanks to stricter environmental regulations, but intensifying wildfires raise new air pollution concerns.
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
In this article AMZN Amazon aggregators are in the midst of a buying frenzy. They’re trying to entice sellers who have successful brands on Amazon with incentives like Tesla giveaways and exclusive parties. Some of the biggest Amazon aggregators, Thrasio and Perch, have valuations in the billions of dollars. In July, they were among the
In this article AFRM SQ All 21-year-old Taylor Emmi wanted was a cosmetic kit from makeup artist and social media star Jeffree Star after watching a video about the brand on YouTube in October 2019. So she took the $144 leap, and nearly two years later, she’s shelled out thousands on a makeup brand she
In this article VZ T A large advertisement on the LED screen outside the apple store is to warm up the iPhone 12 series, which is officially on sale on the 23rd. Shanghai, China, October 21, 2020. Barcroft Media | Getty Images U.S. wireless giants AT&T and Verizon had big plans last year to advertise
In this article AMZN Amazon fulfillment center warehouse. Getty Images Amazon is bringing back its mask mandate for warehouse workers amid a surge in Covid-19 cases due to the highly contagious delta variant. Beginning on Monday, employees will be required to wear face coverings inside Amazon operations facilities — even if they’re vaccinated — according
Alphabet CEO, Larry Page. Emmanuel Dunand | AFP | GettyImages Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the coronavirus pandemic, the New Zealand government confirmed to CNBC Friday. Page, 48, applied for New Zealand residence in November 2020 via the nation’s “Investor
In this article DOCS Registered nurse Darryl Hana prepares a dose of the Pfizer COVID-19 vaccine at a three-day vaccination clinic at Providence Wilmington Wellness and Activity Center on July 29, 2021 in Wilmington, California. Mario Tama | Getty Images Dr. Paul Malarik, a retired psychiatrist, now spends about 50 hours a month helping to
In this article ETH.CM= BTC.BS=-USS U.S. President Joe Biden returns to the White House on August 02, 2021 in Washington, DC. President Biden is returning from a weekend trip to Camp David. Kevin Dietsch | Getty Images The White House weighed in – somewhat out of the blue – on a contentious battle over competing
In this article ETHE Getty Somewhat buried in ethereum’s big software makeover that rolled out Thursday is a code update known as Ethereum Improvement Proposal 3554, or EIP-3554 for short. It threatens to hasten the end of ethereum mining as we know it. Since its launch, the ethereum community has talked about overhauling the way
Thomas Trutschel | Photothek | Getty Images Ethereum’s much-hyped and somewhat controversial “London” hard fork has just activated. So far, news of the successful upgrade has coincided with a runup in the price of ether, the native token of ethereum’s blockchain. The cryptocurrency is at $2,620, up 3.9% in the last 24 hours. A big
In this article DISCA T CNN Worldwide President Jeff Zucker, speaks before the screening of First Lady Michelle Obama’s new CNN Film, We Will Rise: Michelle Obamas Mission to Educate Girls Around the World on October 11, 2016. Cheriss May | NurPhoto | Getty Images Jeff Zucker won’t be leaving WarnerMedia at the end of
CEO of Roku, Anthony Wood speaks onstage at The Future of TV Streaming & Entertainment during Tribeca X – 2021 Tribeca Festival at Spring Studios on June 18, 2021 in New York City. Arturo Holmes | Getty Images Roku shares fell more than 8% in after-hours trading Wednesday after reporting second-quarter earnings that beat expectations
People wait to ride on the Staten Island Ferry on July 30, 2021 in New York City. Due to the rapidly spreading Delta variant, New York City Mayor Bill de Blasio has announced that the city will require all city workers to be vaccinated or tested weekly for COVID-19 and the city will now pay
More countries are pushing to produce their own semiconductor chips, which are in short supply globally, because “it’s a matter of national security,” said an analyst at Moody’s. Memory chips are crucial for making a wide range of products. They’re in smartphones, gaming consoles like PlayStation 5, household appliances like fridges and washing machines, alarm