In this article AAPL AMZN Amazon’s second-generation Echo Buds Amazon Amazon on Wednesday announced the second version of its Echo Buds headphones that are smaller and start at $99 while promising some of the features found in Apple‘s $249 AirPods Pro. The earbuds are Amazon’s latest effort to lure people who don’t want Apple and
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In this article COIN Fred Wilson David Orrell | CNBC By 2013, venture capitalist Fred Wilson had established himself as a preeminent investor in consumer tech, having made early and highly lucrative bets on Twitter, Zynga, Etsy and Tumblr. In May of that year, he took a slight sideways turn. “We have been thinking about
In this article COIN The Coinbase logo shown on a smartphone. Chris Delmas | AFP via Getty Images LONDON — Bitcoin and other cryptocurrencies surged to new heights on Wednesday, with traders awaiting Coinbase’s highly anticipated stock market debut. The world’s most valuable digital coin climbed to an all-time high of $64,841 Wednesday morning, according
In this article COIN Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued and you’ll likely get 10
In this article COIN The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Bitcoin surged to a fresh record high of more than $62,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed more than 4% in the last 24
In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google maintains
Dara Khosrowshahi, CEO of Uber, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020. Adam Galica | CNBC Uber on Monday said it posted record gross bookings in the month of March, signaling a pick-up in demand for its ride-hailing business. The tech giant’s mobility unit
Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft is in advanced talks to acquire speech-recognition company Nuance Communications, a person familiar with the discussions told CNBC on Sunday. A transaction could be signed as early as Sunday
In this article FB Chris Cox Asa Mathat | Re/code Facebook Chief Product Officer Chris Cox got paid approximately $69 million to rejoin the social media company in 2020. Cox rejoined Facebook in June 2020 after a more than one year hiatus away from the company. Cox is a key moral leader at Facebook and
In this article TSLA Lithium-ion batteries are everywhere — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4 billion market by 2025, mostly due to the boom in electric
Exterior of Alibaba Group Beijing Headquarters on November 10, 2019 in Beijing, China. VCG | Visual China Group | Getty Images Chinese regulators hit Alibaba with a 18.23 billion yuan ($2.8 billion) fine in its anti-monopoly investigation of the tech giant. In a Saturday statement, China’s State Administration for Market Regulation accused Alibaba of abusing
An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images The National Labor Relations Board on Friday will resume counting ballots at 9:30 a.m. ET in the historic union election at one of Amazon’s Alabama warehouses. With roughly half of the
In this article VZ FKWL Verizon CEO Hans Vestberg speaks on the floor at the New York Stock Exchange, October 22, 2019. Brendan McDermid | Reuters Verizon is recalling 2.5 million hotspot devices after discovering that the lithium ion battery can overheat, creating a fire and burning hazard. The recall impacts Ellipsis Jetpack mobile hotspots
An RWDSU union rep holds a sign outside the Amazon fulfillment warehouse at the center of a unionization drive on March 29, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Counting began on Thursday in the unionization vote for workers at Amazon’s warehouse in Bessemer, Alabama, culminating months of a hard fought effort to
In this article GOOGL FB Peter Thiel, co-founder and chairman of Palantir Technologies Inc., speaks during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Tech investor Peter Thiel criticized big U.S. technology companies for being too close to China at a Tuesday appearance at a
In this article TSLA This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla has refunded customers who they charged twice for new vehicle purchases made at the end of the first quarter, CNBC has learned. The refunds followed CNBC’s reporting on the duplicate