Cheng Wei, chairman and chief executive officer of Beijing Xiaoju Keji Didi Dache Co., pauses at the Boao Forum For Asia Annual Conference in Boao, China, on Wednesday, March 23, 2016. The annual event sees business and political leaders come together and runs from March 22 to 25. Qilai Shen | Bloomberg | Getty Images
Technology
Male and female software developers work at their desks in the Luxoft Holding Inc. offices in Kiev, Ukraine, on Tuesday, Oct. 31, 2017. Bloomberg | Bloomberg | Getty Images Companies are lining up to try to hire coders who have been caught up in Russia’s invasion of Ukraine. Some 2 million-plus Ukrainian citizens have been
In this article EDF-FR An aerial shot of the Severn Estuary from 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of water between England and Wales, to harness tidal energy. The commission will be set up
In this article MSFT Wunderlist co-founder Christian Reber Pitch In 2015, Microsoft bought Christian Reber’s to-do list app, Wunderlist, for a sum that was reported to be between $100 million and $200 million. It was a significant amount of money and a huge moment in Reber’s life but it didn’t leave him feeling as one
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon announced its first stock split since the dot-com boom, telling investors on Wednesday that they’ll receive 20 shares for each share they currently own. The stock soared
In this article AMZN Getty Images A House Committee is urging the Department of Justice to investigate Amazon over what lawmakers contend is potentially criminal obstruction of Congress. In a letter sent Wednesday and addressed to Attorney General Merrick Garland, a bipartisan group of lawmakers alleged that Amazon repeatedly misled the House Judiciary Committee throughout
Kara Swisher, CNBC’s Andrew Ross Sorkin, Martha Stewart, and Barry Diller at CNBC’s “The Next 25” Gala in New York. CNBC | Nbcuniversal | Getty Images Entertainment mogul Barry Diller strongly denied the idea that he, his stepson, and longtime pal and fellow mogul David Geffen engaged in insider trading in what he claims was
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. It’s a long-awaited directive that has had the crypto industry on edge, not least due to growing regulatory concern around the world surrounding the nascent digital asset market. There had been reports of
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Macro conditions were already troubling for tech. With
A customer pumps gasoline into his car at a service station in San Francisco. Getty Images Russia’s war on Ukraine has been rapidly increasing the price of crude oil on supply fears, and the impact is falling on consumers at the pump. Gasoline prices just hit the highest level since 2008, making the national average
In this article NFLX Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Netflix is pulling its service in Russia following the country’s invasion of Ukraine, the company confirmed to CNBC. “Given the circumstances on the ground, we have decided to suspend our service in Russia,”
In this article PYPL The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country in response to its invasion of Ukraine. “Under the current circumstances, we are suspending PayPal services
This general view shows destroyed Russian armored vehicles in the city of Bucha, west of Kyiv, on March 4, 2022. Aris Messinis | AFP | Getty Images When BigCommerce executives held their global all-hands meeting Thursday, they didn’t expect any of the company’s 106 Ukraine-based employees to show up on the screen. Most staffers there
The Vogtle Unit 3 and 4 site, being constructed by primary contractor Westinghouse, a business unit of Toshiba, near Waynesboro, Georgia, is seen in an aerial photo taken February 2017. Georgia Power | Reuters Climate change and global security are pushing against each other in shaping the future. That’s particularly apparent in this week’s events
In this article FB Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Russia’s media regulator said Friday it will block access to Meta-owned Facebook in the country as it escalates pressure on media outlets and tech platforms amid its invasion of Ukraine. The regulator claimed Facebook violated federal law by restricting access to
In this article DIS CMCSA In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Disney announced on Friday a new ad-supported tier for its Disney+ streaming service that will launch in the U.S. later this year. Disney did not provide a launch date or