A customer carries away a PlayStation 5 console at an electronics store in Sydney on November 12, 2020, on the day of PS5 official launch. Saeed Khan | AFP | Getty Images Microsoft and Sony both released new video game consoles this week: Microsoft has the $500 Xbox Series X and $300 Series S, while
Technology
David Zaslav Anjali Sundaram | CNBC The TV ad market is on the mend after getting hit by a broader pandemic ad slowdown. But with Covid-19 cases on the rise, some networks are cautious about the coming quarters, even with a big boost from political ads this quarter. In recent days and weeks, media companies
With more than 500 hours of video uploaded every minute and more than one billion hours watched every day, Google’s YouTube is the world’s second-largest search engine. And its meteoric growth hasn’t subsided. More than two billion users visit the site every month. For Google’s parent company Alphabet, it represents a significant portion of its
Drew Angerer In the aftermath of the election, millions of users rushed to sign up for Parler, an up-and-coming social media app that has quickly become a hub for conservatives seeking refuge from what they believe is censorship from Facebook and Twitter. Those companies have labeled or hidden posts from President Trump and others disputing
The New York Stock Exchange welcomes Unity Software Inc. (NYSE: U) Friday, September 18, 2020, as they officially begin trading today. NYSE Unity and Palantir both reported revenue growth above 50% on Thursday in their first earnings announcements since going public in September. Investors rewarded them, sending their stocks up on Friday. Unity, whose software
Tony Xu, co-founder and chief executive officer of DoorDash Inc. David Paul Morris | Bloomberg | Getty Images DoorDash, the leading food delivery app in the U.S., filed its IPO prospectus with the Securities and Exchange Commission on Friday. The company will list its shares on the New York Stock Exchange under the symbol “DASH.”
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook CEO Mark Zuckerberg on
Apple HomePod Mini Todd Haselton | CNBC Apple has a real competitor to the Amazon Echo, and it may provide Apple with yet another growth opportunity. According to eMarketer, 70% of smart speaker owners in the U.S. have an Amazon Echo. Google is largely seen as the nearest competitor to Amazon, followed by companies that
Johanna Geron | Reuters Facebook told advertisers its temporary post-election ban on political ads is expected to continue for another month. Its temporary pause on social issues, electoral or political ads in the U.S. will continue to help prevent confusion or abuse on its platform, according to emails viewed by CNBC. Facebook told advertisers they
Amazon Alexa is introducing a new feature called Care Hub, designed to make help people to care for aging family members. The company said it has been hearing from customers for years about using Alexa’s voice assistant to monitor aging relatives, who are increasingly looking to stay in their residences rather than move to a
The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Remember TikTok? That wildly popular user-generated video application that dominated headlines for months as a potential
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. Erin Scott | Reuters A Biden campaign staffer publicly condemned Facebook over its handling of the election aftermath late Monday, claiming it is “shredding the fabric of our democracy.” Bill Russo, deputy communications director for
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters President-elect Joe Biden presents a mixed bag for Tesla and other electric car-makers. On the pro side, Biden’s stated goals for clean energy and manufacturing could mean new government incentives for
iPhone 12 Mini and iPhone 12 Pro Max Todd Haselton | CNBC I’ve spent the last week reviewing Apple’s iPhone 12 Pro Max and iPhone 12 Mini. They’re the second half of the four iPhones Apple announced in October, following the regular iPhone 12 and iPhone 12 Pro, and they’re also the largest and smallest
A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images SINGAPORE — Netflix is betting big on Asia-Pacific by investing millions of dollars into original and licensed content in major markets like India, a senior executive at the company told CNBC. When the tech company
Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Tech CEOs and Silicon Valley luminaries congratulated President-elect Joe Biden and Vice President-elect Kamala Harris after their victory