Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Meta, Facebook’s parent, has been told by the U.K.’s competition watchdog that it must sell gif-sharing platform Giphy.
Technology
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter In stepping down as Twitter CEO on Monday, Jack Dorsey is handing over the reins to a computer scientist with a PhD from Stanford who’s had a central role in developing the company’s artificial intelligence technology, all while staying largely
In this article AMC Spider-Man Turn Off the Dark Source: spidermanonbroadway.marvel.com/ AMC is the latest legacy company to get into the NFT game. The theater giant and Sony Pictures will offer 86,000 non-fungible tokens to members of its AMC Stubs Premiere, AMC Stubs A-List and AMC Investor Connect who order tickets for the Dec. 16
An activist from the Extinction Rebellion (XR) climate change group sits on a giant wooden rocket as they block the exit to an Amazon distribution centre in Tilbury, east of London. BEN STANSALL | AFP | Getty Images Protestors from the Extinction Rebellion movement blockaded Amazon distribution centers across the U.K. on Friday as part
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of
JD Vance, the venture capitalist and author of “Hillbilly Elegy,” takes photos with supporters after a rally Thursday, July 1, 2021, in Middletown, Ohio, where he announced he is joining the crowded Republican race for the Ohio U.S. Senate seat being left by Rob Portman. Jeff Dean | AP Republican Ohio Senate candidate J.D. Vance,
In this article AAPL Tim Cook introduces iPhone 13 Source: Apple Inc. Apple’s computerized glasses will be as powerful as its Mac computers and launch at the end of 2022, top analyst Ming-Chi Kuo of TFI Asset Management said in a note to investors Friday. Kuo has a stellar track record at predicting future Apple
In this article ZM NFLX EXPE Shares of Zoom were up more than 10% before markets opened on Friday morning as a new Covid variant raised concerns in South Africa. Other stocks that have benefited from stay-at-home trends during the pandemic were also up. Peloton stock popped more than 8% before markets opened while Etsy,
In this article 9984.T-JP 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 — Shares of SoftBank extended their losses on Friday after Bloomberg reported
In this article ENEL-IT The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution. “We have tried and tried — and when I say ‘we’, I mean the electricity industry,” Francesco Starace told CNBC’s Karen Tso on Wednesday. “You can imagine,
In this article 700-HK People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters GUANGZHOU, China — Tencent must get approval from Chinese regulators to send out updates for its apps, state broadcaster CCTV reported Wednesday. The move comes after regulators found several
In this article AMZN The Amazon Go grocery store at the Amazon corporate headquarters in Seattle, Washington. David Ryder / Stringer | Getty Images Amazon recently lost a high-profile executive who oversaw the company’s growing brick-and-mortar division. Cameron Janes, Amazon’s vice president of physical retail, left the company on Tuesday, according to his LinkedIn profile.
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Several hundred Google employees have signed and circulated a manifesto opposing the company’s vaccine mandate, posing the latest challenge for leadership as it approaches key deadlines for returning workers to offices in person. The Biden administration has ordered U.S. companies with 100 or
In this article PLTR Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Technology companies doing business with China or U.S. adversaries need to justify their position, Palantir CEO Alex Karp told CNBC’s “Squawk Box” on Tuesday. “If you want to work
In this article 9999-HK Cloud Village, the music streaming arm of NetEase runs the NetEase Cloud Music app which is displayed on a smartphone in this photo. Fan Jianlei | Visual China Group | Getty Images GUANGZHOU, China — NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village