Alibaba founder Jack Ma has emerged after weeks out of the spotlight that sparked speculation about his whereabouts as his companies face increased regulatory scrutiny. In a video posted on Chinese social media, Ma addressed rural teachers as part of one his charity foundation’s initiatives. The annual event, which is usually hosted in the resort
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The Queen’s Gambit on Netflix and Disney’s Mickey Mouse Netflix; CNBC Disney and Netflix pride themselves on storytelling. Now they’ve switched places when it comes to the tales they’re telling Wall Street. Netflix said on Tuesday that it would consider buying back shares for the first time since 2011. After nearly a decade of borrowing
Bob Bakish, president and chief executive officer of ViacomCBS Inc., center left, and Shari Redstone, chair of VicaomCBS Inc., applaud during the opening bell in celebration of the company’s merger at the Nasdaq MarketSite in New York, U.S., on Thursday, December 5, 2019. Michael Nagle | Bloomberg | Getty Images ViacomCBS said Tuesday it will
The Parler website home screen on a laptop computer arranged in the Brooklyn borough of New York, U.S., on Friday, Dec. 18, 2020. Gabby Jones | Bloomberg | Getty Images The website of Parler — a social media platform popular with conservatives and supporters of President Donald Trump — is back online, albeit in a
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Google on Sunday disputed claims from a group of attorneys general, led by Texas’ Ken Paxton, that its ad-buying arrangement
Jaap Arriens | NurPhoto | Getty Images WhatsApp has delayed a privacy policy update that caused confusion and backlash among users over fears it could mean broader data sharing with the messaging app’s owner Facebook. “We’ve heard from so many people how much confusion there is around our recent update. There’s been a lot of
Susan Wojcicki, CEO of YouTube. Michael Newberg | CNBC When it comes to social media and President Trump, one company’s actions have stood out: YouTube. On Wednesday, Jan. 6, President Trump gave a speech that some followers took as a call to violent action, sparking a violent insurrection at the U.S. Capitol. The next day,
Jeff Housenbold, managing partner at SoftBank’s Vision Fund SoftBank SoftBank’s Jeff Housenbold, who led the Vision Fund’s investments in companies including DoorDash, OpenDoor and Wag, is leaving the firm later this year. SoftBank shook up the Silicon Valley investment world with the first Vision Fund in 2017, ultimately raising $100 billion, funded in large part
Andy Jassy, CEO of Amazon Web Services. CNBC Getting kicked off Amazon Web Services is rare, but it has enormous consequences. It happened this week, when Amazon dropped Parler, a social network that gained traction from conservatives after Twitter banned President Donald Trump and housed content that encouraged violence. Parler filed suit against Amazon in
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Facebook said Friday it will block the creation of new Facebook events happening near the White House, the U.S. Capitol building and state capitol buildings through President-elect Joe Biden’s inauguration on Jan. 20. In a blog post that was
The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images LONDON — A British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to let him search for it in a landfill site. James Howells, a
Surveillance cameras are mounted on a post at Tiananmen Square as snow falls in Beijing, China, on Thursday, Feb. 14, 2019. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — A new report reveals patent applications belonging to Huawei and a group of China-based artificial intelligence companies for systems that can detect people who
Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 billion. The company previously said
Customers look at a Tesla Motors Inc. Model X electric vehicle on display at the company’s showroom in Shanghai, China, on Tuesday, Sept. 12, 2017. Qilai Shen | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) asked Tesla in a letter on Wednesday to recall 158,716 of its Model S and Model
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California. Gabrielle Lurie | Reuters Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden’s inauguration, the company said Wednesday. Guests who had reserved a place will
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum annual meeting in Davos. Fabrice Coffrini | AFP | Getty Images Google has suspended President Donald Trump’s account on YouTube, which is the world’s largest video platform. The Google-owned company said Tuesday night that Trump uploaded content that violated its policies, giving