Tech

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue

An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon workers around the world are anxiously awaiting the results of a high-stakes union election at one of the company’s warehouses in Bessemer, Alabama.  Last Monday, voting wrapped up in the

Tim Cook announces iPhone 11. Source: Apple Apple CEO Tim Cook hinted at the company’s work in autonomous vehicles, following recent reports that the company is in renewed talks to develop its own car. “The autonomy itself is a core technology, in my view. If you sort of step back, the car, in a lot

In this article ORCL GOOGL Oracle Chairman Larry Ellison Getty Images Google parent Alphabet plans in the coming weeks to stop using Oracle financial software and instead start using software from SAP, CNBC has learned. Alphabet and Google core financial systems will move to SAP in May, Google told employees in an email that CNBC

Facebook’s CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Shares of Facebook, Alphabet and Microsoft each hit all-time highs Monday morning as investors rotated away from cyclical stocks and poured back into growth. Facebook surged as much as 3.3% to

In this article LI NIO XPEV ZE594-CN TSLA Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Two of China’s U.S.-listed electric car start-ups beat market expectations in their March deliveries, with both companies setting quarterly records.

In this article .FTFCNBCA ROO-GB LSEG-GB Deliveroo CEO Will Shu. Aurelien Morissard | IP3 | Getty Images LONDON – Tens of thousands of amateur investors have been left wondering whether they were right to snap up the stock of food delivery app Deliveroo. Shares of British start-up Deliveroo on Wednesday crashed by more than a

After five and half years leading Waymo, John Krafcik announced Friday he is stepping down from his role, leaving the company to two co-CEOs Tekedra Mawakana and Dmitri Dolgov. Krafcik has overseen the company’s biggest milestones, its rebranding to Waymo, partnerships and raised outside funding all while leading enthusiasm through the ranks. But Krafcik’s departure

Amazon drivers begin their delivery routes as workers at an Amazon warehouse in Staten Island, New York prepare to walk off their jobs demanding stepped-up protection and pay after several workers at the facility were diagnosed with COVID-19. Paul Hennessy | Barcroft Media | Getty Images Amazon issued an apology on Friday to Rep. Mark

A man counts 100 renminbi notes with the Chinese flag in the background. Sheldon Cooper | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — Interest in China’s digital yuan project could in part be driven by the surging price of bitcoin, China’s central bank said Thursday, even as the cryptocurrency is effectively banned

GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC GlobalFoundries, the third-largest foundry, is planning to invest $1.4 billion in its chip factories this year, and will likely double that investment next year, CEO Tom Caulfield told CNBC in an interview. Caufield said the company’s manufacturing capacity is completely booked and that industrywide semiconductor supply

In this article GOOGL After five and half years guiding Waymo, Alphabet’s subsidiary developing autonomous-drive technology, John Krafcik has decided it’s time for someone else to run the company. Actually, it will be a pair of Waymo’s top executives, Tekedra Mawakana and Dmitri Dolgov, who will become co-CEOs of the company. In a blog post

In this article TSLA Tesla Model 3 Source: Tesla Tesla just reported first-quarter vehicle production and delivery numbers for 2021. In total, it delivered 184,800 vehicles and produced 180,338 cars. Analysts were expecting Tesla to deliver around 168,000 vehicles during this period, according to estimates compiled by FactSet as of April 1. Estimates ranged from

In this article GOOGL FB The logos of Facebook and Giphy. Aytac Unal | Anadolu Agency via Getty Images LONDON — Britain’s competition regulator said Thursday that it was referring Facebook’s acquisition of GIF database Giphy for an in-depth investigation. The Competition and Markets Authority (CMA) recently completed its initial probe into the Facebook-Giphy merger

Apple’s new California Flats solar farm Courtesy of Apple Apple will use Tesla‘s Megapack at its new battery-based renewable energy storage facility, the smartphone-maker confirmed to CNBC on Thursday. Apple announced Wednesday it’s building a battery-based solar energy storage facility in California. The company said the facility will be capable of storing 240 megawatt-hours of energy,

In this article GOOGL FB TWTR Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google, one of the first major U.S. companies to send employees home last year because of the coronavirus, is setting new remote work guidelines

In this article FB TWTR Former U.S. President Donald Trump addresses the Conservative Political Action Conference (CPAC) held in the Hyatt Regency on February 28, 2021 in Orlando, Florida. Joe Raedle | Getty Images Facebook removed a video featuring former President Donald Trump, a company spokesperson confirmed to NBC News on Wednesday, citing the former

In this article AMZN MSFT Soldiers wearing the IVAS system, a modified version of the HoloLens 2. US Army The Pentagon announced that Microsoft has won a contract to build more than 120,000 custom HoloLens augmented-reality headsets for the U.S. Army. The contract could be worth up to $21.88 billion over 10 years, a Microsoft

Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Facebook is introducing a new feature that will make it easier for users to choose what content shows up in their News Feed. The new feature, announced on Wednesday, is called a feed filter bar. Rather than just relying on Facebook’s algorithms to determine what

In this article SPOT TWTR FB MSFT People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images Spotify is moving into live audio. The company said Tuesday it

In this article AAPL INTC Apple WWDC 2021 Apple Apple announced on Tuesday that its annual developers conference will be held on June 7. Like last year, it’ll be online-only due to the ongoing Covid-19 pandemic. The event runs through June 11 and is free for developers to attend. WWDC, as the event is known,

In this article 1810-HK 175-HK ZE594-CN NIO XPEV 9888-HK Xiaomi’s headquarters in the Xuhui District of Shanghai. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — Chinese smartphone giant Xiaomi has announced plans to launch an electric vehicle business and invest $10 billion over the next 10 years. The company will set up a

In this article TSLA Christopher Lee and his 2021 Tesla Model Y Christopher T. Lee Last week, after paying for brand new Tesla electric cars, Southern California residents Tom Slattery, Christopher T. Lee and Clark Peterson told CNBC they were gobsmacked to find the company had charged them twice, taking tens of thousands of dollars

In this article AMZN An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon is playing an aggressive defense against its critics as it stares down a historic union vote at one of its warehouses in Alabama.  In recent days,

In this article LSEG-GB AMZN Mike Kemp | In Pictures | Getty Images LONDON – Food delivery start-up Deliveroo has cut the price of its shares ahead of its initial public offering on the London Stock Exchange. The Amazon-backed company announced Monday that it will now sell shares for £3.90 ($5.40) to £4.10 each instead

In this article BILI 9988-HK 9888-HK The Bilibili booth is pictured during the 2019 Yangtze River Delta International Cultural Industries Expo at National Exhibition and Convention Center on November 21, 2019 in Shanghai, China. Gao Yuwen | Visual China Group | Getty Images GUANGZHOU, China — Shares of Chinese video and gaming company Bilibili opened

In this article GOOGL INTU When Laela Sturdy visited Stanford for the first time, it wasn’t to study at the famed university’s business school. It was to beat Stanford at its own game — literally. As the no. 16 seed in the annual NCAA tournament in 1998, the thought of Sturdy’s Harvard team scoring a

In this article AMZN IBM GOOGL 9988-HK MSFT CRM DOMO COF DOCN ZM Adam Selipsky, chief executive officer of Tableau Software Inc., speaks during the opening keynote of the 2019 Salesforce Dreamforce conference in San Francisco on Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images Amazon Web Services chief Andy Jassy will

In this article GOOGL NFLX FB SNAP SQ TWTR Twitter CEO Jack Dorsey 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. CNBC After setting ambitious user growth and revenue goals

In this article SQ ZM MSFT WORK Phil Libin, CEO of All Turtles and Mmhmm CNBC In December, internet entrepreneur Phil Libin loaded up his car and, along with his girlfriend, drove almost 2,000 miles from his home in San Francisco to Bentonville, Arkansas. They’ve since moved a few miles east to the neighboring town

In this article VIACA DISCA Shares of ViacomCBS and Discovery continued their dramatic plunge Friday, down 30% and 31%, respectively. That’s led to ViacomCBS shedding more than 53% for the week, while Discovery has dipped about 49%. ViacomCBS shares began to fall earlier this week after the company announced it would raise $3 billion from

In this article AMZN An Amazon worker inside a warehouse during coronavirus pandemic Amazon has received authorization from the Food and Drug Administration for a Covid-19 test that it hopes to use to bolster its employee screening program. The test is being developed by Amazon subsidiary STS Lab Holdco, according to an FDA filing. The

In this article TSLA TWTR Tesla CEO Elon Musk tweeted early Friday morning that “I think there is a >0% chance Tesla could be the biggest company” and added, “probably within a few months” in replies to followers. Musk’s tweet offering guidance on timing for an anticipated increase in Tesla’s market cap has since been

In this article 700-HK BIDU 9999-HK JD 9988-HK Alibaba founder Jack Ma attends the 5th World Zhejiang Entrepreneurs Convention at Hangzhou International Expo Centre on November 13, 2019 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s dual-listed tech giants — Alibaba, Baidu, JD.com, and Netease — have collectively lost billions in market

Twitter CEO Jack Dorsey 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 | Handout | via Reuters In what has become a regular

A worker loads customer orders into a waiting tractor-trailer inside the million-square foot Amazon distribution warehouse that opened last fall in Fall River, MA on Mar. 23, 2017. John Tlumacki | Boston Globe | Getty Images Some Amazon warehouse workers will soon be able to get vaccinated against Covid-19 at their workplace.  Amazon announced Thursday

An illustration of NFT-based art. gremlin | E+ | Getty Images Venture capitalists are writing big checks for start-ups in the booming NFT space. NFTs, or non-fungible tokens, have exploded in popularity this year in tandem with a rise in the values of cryptocurrencies like bitcoin and ether. They’re a type of digital asset designed

Zoom CFO Kelly Steckelberg said Wednesday she’s well aware of the toll working from home can have on employees, and offered insight into how the company that’s become synonymous with videoconferencing during the pandemic tries to prevent burnout among its own staff. Steckelberg’s comments on “Closing Bell” come after so-called Zoom fatigue attracted renewed attention

Rep. Anna Eshoo, D-Calif., speaks during a rally in the Capitol Building to call on the Senate to vote on House Democrats’ prescription drugs and health care package on Wednesday, May 15, 2019. Tom Williams | CQ-Roll Call, Inc. | Getty Images At his fourth congressional testimony since July, Facebook CEO Mark Zuckerberg plans to

Pat Gelsinger, CEO of Intel, speaks in Santa Monica, Calif., on March 9, 2017, in a photo taken when he was CEO of VMware. Patrick T. Fallon | Bloomberg | Getty Images In his first extended public remarks since becoming Intel CEO, Pat Gelsinger offered an underlying message: Intel, the American chipmaking giant, is getting

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch When Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech. Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year

A detail shot from a collage “EVERYDAYS: THE FIRST 5000 DAYS”, by a digital artist BEEPLE, that is on auction at Christie’s, unknown location, in this undated handout obtained by Reuters. Beeple | Christie’s Images Ltd. | via Reuters You’ve probably heard a lot about nonfungible tokens (NFTs) recently. Mike Winkelmann, the artist who goes

In this article GOOGL GME AMC PLTR JD Lasica | Flickr In a year of historically wild stock moves, often driven by chatter on Reddit boards, financial software vendor Upstart Holdings is the latest company to see its stock soar to inexplicable heights. Founded in 2012 by former Google executive David Girouard, Upstart went public

In this article TSLA AMZN Smith Collection/Gado | Archive Photos | Getty Images A U.S. federal agency is considering as evidence a former Tesla employee’s complaint about how the company managed and communicated about fire risks and defects in its solar installations, CNBC has learned from documents received through a Freedom of Information Act request.

From left, Wiz employees Yaniv Shaked, Idan Gazit, Adi Leist Sharon, Guy Rozendorn, George Pisha, Eyal Wiener in Israel in March 2021. Wiz Public market investors have trimmed their stakes in technology stocks in recent weeks, but the start-up market remains hot. Wiz, a year-old cybersecurity company with just 65 employees, is now worth $1.7

The Deliveroo app displayed on a smartphone screen. Thiago Prudencio | SOPA Images | LightRocket via Getty Images LONDON — British food delivery firm Deliveroo is seeking a valuation of up to £8.8 billion ($12.2 billion) in its upcoming initial public offering in London. The company, which is backed by Amazon, set a price range

Brandon Aiyuk #11 of the San Francisco 49ers leaps over Marcus Epps #22 of the Philadelphia Eagles to score a touchdown against the Philadelphia Eagles during the first quarter at Levi’s Stadium on October 04, 2020 in Santa Clara, California. Ezra Shaw | Getty Images The National Football League is Thelma. American media is Louise.

When David Dudovitz ventured out of his New York apartment to get his first dose of the Covid-19 vaccine, it was only the fourth time he had left his apartment since the pandemic began Courtesy of David Dudovitz When David Dudovitz ventured out to get his first dose of the Covid-19 vaccine last week, it