Tech

The CEOs from four of the largest tech companies are testifying in front of the House Judiciary subcommittee on antitrust Wednesday. It’s the first time all four executives, Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai, have testified together. It’s Bezos’ first time ever testifying before Congress.  Below you can
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Tencent logo seen displayed on a smartphone. Omar Marques | SOPA Images.| LightRocket | Getty Images Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The total value of publicly traded shares of the Chinese gaming and social media giant stood at 5.15 trillion Hong Kong dollars
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Amazon CEO Jeff Bezos on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images Amazon CEO Jeff Bezos will finally come face to face with lawmakers looking to question his company’s growing influence at Wednesday’s antitrust hearing.  The hearing before the House Antitrust Subcommittee, which will be held over videoconference because of the coronavirus
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Sundar Pichai and Tim Cook Source: Reuters; Apple When the CEOs of Amazon, Apple, Facebook and Google’s parent company Alphabet testify before Congress on Wednesday, it won’t be exactly what the House Antitrust Subcommittee members envisioned when their probe launched last June.  For one thing, it will be held over video conferencing software due to pandemic-related precautions,
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A pedestrian walks past Intel Corp. signage at the entrance to the company’s headquarters in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Intel said Monday that Venkata “Murthy” Renduchintala, the chipmaker’s chief engineering officer and group president of its technology, systems architecture and client group, will resign on August 3.  The announcement
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Qualtrics CEO Ryan Smith SAP said Sunday that it would sell some shares of its Qualtrics survey-software unit on a U.S. public market. The announcement comes less than two years after SAP announced a plan to buy Qualtrics for $8 billion, days before Qualtrics was set to go public as an independent company. The move
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Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC Chipmaker AMD rose over 15% on Friday, bucking a mostly down day for tech stocks. Its primary rival, Intel, fell over 15%. The large stock moves come a
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Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Intel on Thursday said in its earnings report that it’s delaying its new 7-nanometer processors by approximately six months because internal testing has revealed the yield  —
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Intel shares fell as much as 9% in extended trading on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than it had expected.  Here’s how the company did: Earnings: $1.23 per share, adjusted, vs. $1.11 per share as expected by analysts, according to Refinitiv. Revenue: $19.73 billion,
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Twitter CEO Jack Dorsey is seated prior to testifying before a Senate Intelligence Committee hearing on foreign influence operations on social media platforms on Capitol Hill in Washington, September 5, 2018. Joshua Roberts | Reuters Twitter reported second-quarter earnings Thursday that missed analyst expectations on revenue and beat on active users. The report comes one
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Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images On Monday, Apple CEO Tim Cook will join chief executives from Amazon, Facebook and Google in a hearing before the House Judiciary
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Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price initially plunged more than 11% after hours then moderated to a smaller decline as
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Twitter announced on Tuesday it has begun taking sweeping actions to limit the reach of QAnon content and banned many of the conspiracy theory’s followers due to ongoing problems with harassment and the dissemination of misinformation. Twitter will stop recommending accounts and content related to QAnon, including in email and follow recommendations and will take
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SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference in New York on June 16, 2016. Brian Ach | Getty Images IBM shares rose as much as 6% in extended trading on Monday after the company reported second-quarter earnings that were better than analysts had expected. Here’s
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Jack Dorsey, co-founder and chief executive officer of Twitter Inc., listens during a Senate Intelligence Committee hearing in Washington, D.C., U.S., on Wednesday, Sept. 5, 2018. Andrew Harrer | Bloomberg | Getty Images Wednesday’s Twitter hack wasn’t just unprecedented, it was a shocking revelation that the company is ill-equipped to handle the security of a
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Peter Thiel Noah Berger | Bloomberg | Getty Images Britain’s National Health Service has awarded Palantir a £1 million ($1.3 million) contract extension for its work on a “Covid-19 data store” that’s designed to help health officials understand how the coronavirus is spreading across the U.K. and help them allocate resources appropriately. Palantir’s initial contract,
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Over a dozen high-profile Twitter accounts, including Apple, Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, Democratic presidential candidate Joe Biden, and former president Barack Obama, were apparently hacked on Wednesday and posted tweets telling followers to send bitcoin to a specific address. Tesla CEO Elon Musk was first high-profile account to be hacked, posting a
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Taiwanese President, Tsai Ing-Wen addresses soldiers in the military base during her visit. Taiwanese President Tsai Ing-Wen visited Tainan’s Guantian army base, where she emphasized that preventive measures be observed in curbing the coronavirus spread. Lin Yen Ting | SOPA Images | LightRocket via Getty Images CNBC is looking at how places around the world
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Amazon is rolling out smart shopping carts at its Los Angeles-area grocery store in 2020. Amazon Amazon is launching shopping carts that track items as shoppers add them, then automatically charges them when they remove the grocery bags, allowing them to skip the checkout line. The Dash Carts will roll out at Amazon’s new Los Angeles-area
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A TikTok logo seen displayed on a smartphone with Chinese flag on the background. Omar Marques | SOPA Images | LightRocket via Getty Images White House trade advisor Peter Navarro dubbed TikTok’s new CEO Kevin Mayer, an “American puppet” for working at the Chinese-owned social media app, in an interview with Fox Business on Sunday. Navarro
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