A close up image of a CPU socket and motherboard laying on the table. Narumon Bowonkitwanchai | Moment | Getty Images A chip shortage that started as consumers stocked up on personal computers and other electronics during the Covid-19 pandemic now threatens to snarl car production around the world. On Tuesday, GM said that it
Technology
A woman walks past the Baidu booth at the China International Technology Fair in Shanghai. STR | AFP | Getty Images GUANGZHOU, China — Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC. The move is emblematic of
Omnichannel Media Buying Platform – By Rahil Shaikh Digital media agencies currently use multiple media buying platforms to execute their digital campaigns to reach their audience across Web, Mobile, CTV & Digital-Out-of-Home via different SSPs. This leads to multiple issues because the features provided across different platforms are not the same and marketers need to
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China, January 7, 2020. Aly Song | Reuters Tesla announced Monday that it bought $1.5 billion worth of bitcoin, according to a filing with the SEC. The company said it bought the bitcoin for “more flexibility
While watching the Super Bowl Sunday night, viewers in certain markets saw an eye-catching five-second ad from Reddit. “Wow, this actually worked,” text on the ad read. “If you’re reading this, our bet paid off.” The ad, which ran in only certain markets, initially caused a bit of confusion. Many paused their broadcasts to read
Contrary to popular belief, Elon Musk did not start Tesla. He certainly made it his own over the years, investing early on and then overseeing its growth from niche luxury carmaker to mass production, adding on a solar business, and pushing self-driving technologies. However, the tech titan — and now the world’s richest man — was
NBC Nightly News and Dateline NBC anchor Lester Holt It’s time to start thinking about a new business model for news. In the past year or so, nearly every media company has launched a subscription video-on-demand (SVOD) service. Most haven’t incorporated their full news divisions into the products, which are dominated by entertainment. Disney‘s three
For advertisers, the Super Bowl typically represents a golden opportunity to have so many eyeballs at the same time and are actually are tuned in to watch the ads. Of course, this year is anything but typical. Advertisers appearing on the game this Sunday have to manage the right tone amid a pandemic that’s killed
Dropshippers are the ultimate middlemen. The trendy e-commerce model is behind the ads flooding Facebook, Instagram, TikTok and Google‘s YouTube at a much higher rate since the pandemic sent online shopping demand skyrocketing. The model relies on targeted ads designed to stop consumers from scrolling long enough to make an impulse purchase, usually from a
Microsoft CEO Satya Nadella and Volkswagen CEO Herbert Diess (not pictured) attend a session during their visit to Volkswagen Digital Lab in Berlin on Feb. 27, 2019. Abdulhamid Hosbas | Anadolu Agency | Getty Images Microsoft on Friday said its political action committee won’t contribute to upcoming campaigns for members of U.S. Congress who voted
A view of the Jose Gasparilla II with the battle flag of each of the NFL teams as well as the AFC Champion flag of the Kansas City Chiefs and the NFC Champion flag of the Tampa Bay Buccaneers along with the iconic Super Bowl LV logo floats in the Hillsborough River with Tampa General
Apple CEO Tim Cook delivers a keynote during the European Union’s privacy conference at the EU Parliament in Brussels, Belgium October 24, 2018. Yves Herman | Reuters Snap and Unity Software, which reported fourth quarter earnings after the bell Thursday, both warned of the upcoming impact from Apple‘s privacy changes set for this spring. To
Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Snap’s stock fell more than 5% in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street’s expectations on earnings, revenue and user growth. But the company provided a first-quarter adjusted EBITDA forecast that was much lower than analysts’ consensus
After years of speculation that it will eventually get into the auto business with its own vehicle, Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle at the Kia assembly plant in West Point, Georgia according to multiple sources who briefed CNBC on the plan. The so-called “Apple
Mark Zuckerberg (R) is about to surpass Jeff Bezos as the world’s fifth richest man. Getty Images When Amazon’s Jeff Bezos steps down as CEO later this year, Facebook’s Mark Zuckerberg will be the last founding CEO left at any of the big tech companies. Apple transitioned from founder Steve Jobs to Tim Cook in