In this article 6694.T-JP Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company announced it’s IPO priced at $36 per share, at an estimated
Technology
In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned
Photo illustration of Tencent Music Entertainment (TME) logo, a Chinese company that develops music streaming services. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images China’s antitrust regulator ordered Tencent to give up its exclusive music licensing rights with international record labels and slapped a fine on the company, as Beijing continues to crack
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber’s one-time, $9.4 billion stake in Chinese ride-hailing giant Didi has dwindled by half in less than a month as China escalates its threats to U.S.-listed companies. More than $2
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Twitter shares rose as much as 9% in extended trading
In this article AKAM DAL COF UPS T COST Several major websites were down on Thursday in what appears to be a widespread outage. Akamai, a content distribution network, or CDN, which helps data move around the internet, said on its website it’s investigating “an emerging issue with the Edge DNS service.” The company said
In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to
Elon Musk, head of Tesla, at the Tesla Gigafactory construction site in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images The price of ethereum rose Wednesday afternoon after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at The B-Word conference, an event hosted by the Crypto
Tesla Supercharger Station CNBC | Andrew Evers Tesla CEO Elon Musk said Tuesday that the company’s network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Responding to a Tesla fan on Twitter, where Musk commands a following of
In this article AMZN Chief Executive Officer of Amazon, Jeff Bezos, tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018. Jason Redmond | AFP | Getty Images Jeff Bezos just took on a new title after stepping down as CEO of Amazon earlier this month —
iPhone 12 Mini and iPhone 12 Pro Max. Todd Haselton | CNBC Apple iPhones can be compromised and their sensitive data stolen through hacking software that doesn’t require the phone’s owner to click on a link, according to a report by Amnesty International published on Sunday. Amnesty International said it discovered iPhones belonging to journalists
U.S. President Joe Biden delivers remarks on the economy from the White House in Washington, U.S. July 19, 2021. Jonathan Ernst | Reuters President Joe Biden on Monday walked back some of his prior criticism of Facebook, saying he meant to accuse a handful of the social media platform’s users of spreading deadly lies about
In this article TSLA 9868-HK Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as low as 160,000 yuan ($24,694)
US President Joe Biden walks to Marine One on the South Lawn of the White House July 16, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images Facebook on Saturday refuted remarks made by President Joe Biden that social media platforms are “killing people” by allowing coronavirus vaccine misinformation on their services and argued
Well before China decided to kick out all of its bitcoin miners, they were already leaving in droves, and new data from Cambridge University shows they were likely headed to the United States. The U.S. has fast become the new darling of the bitcoin mining world. It is the second-biggest mining destination on the planet,
The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters Tesla just introduced a way for customers to subscribe to its premium driver assistance package for $199 a month, rather than paying $10,000 up front. Marketed as Full Self-Driving capability (or