The U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap Arriens | Nurphoto | Getty Images China’s chip industry will be “reborn” as a result of U.S. sanctions, a top boss at Huawei said Friday, as the
Technology
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Semi Courtesy: Tesla Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in December 2022. According to recall filings posted on the website of the National Highway Traffic Safety Administration,
Meredith Whittaker, a former Google Manager who is now president at Signal.(Florian Hetz for The Washington Post via Getty Images) Florian Hetzt | The Washington Post | Getty Images Meredith Whittaker took a top role at the Signal Foundation last year, moving into the nonprofit world after a career in academia, government work and the
Huawei’s revenue stabilized in 2022 as the company diversified into new areas like cloud computing and automotive technology. But its profit plunged as pressure from U.S. sanctions and China’s pandemic controls weighed on the Chinese technology giant. Joan Cros | Nurphoto | Getty Images Huawei reported on Friday its biggest annual decline in profit on
Julio Rodríguez of the Seattle Mariners was the American League Rookie of the Year in 2022. MLB trading card partner Fanatics has plans for new rookie card features this season as part of a bigger plan to increase the value of Topps baseball cards for collectors. Diamond Images | Diamond Images | Getty Images Fanatics
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla vehicles parked outside a home with a Tesla Solar Roof on Weems Street in Boca Chica Village, Texas, U.S., on Monday, June 21, 2021. Veronica G. Cardenas | Bloomberg | Getty Images Tesla has only installed 3,000 of its Solar Roof systems in the
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple WWDC 2023 Apple Apple announced on Wednesday that its annual developer’s conference, WWDC, will begin on June 5 and run through June 9. Apple holds a launch event led by CEO Tim Cook on the first day of the conference and typically unveils new
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Fifth Avenue Apple Store on September 16, 2022 in New York City. Kevin Mazur | Getty Images Apple on Tuesday introduced Apple Pay Later, which will allow users to split their purchases into four payments spread over the course
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in New York City, January 3, 2023. David Dee Delgado | Reuters FTX co-founder Sam Bankman-Fried paid out tens of millions of dollars worth of bribes
Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. On 19 February 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Elon Musk said that only verified accounts will appear in Twitter’s recommendation feed, as the billionaire further shakes up the social
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72.
Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. On 19 February 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Pieces of the computer code used to run Twitter were leaked online, according to court filings, marking the social media site’s
ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent’s existing financial system: bitcoin. Since its inception in 2008, this unfamiliar form of money has alternatively been disdained
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into the Microsoft’s Xbox One video game console arranged in Denver, Colorado, on Wednesday, Jan. 19, 2022. Michael Ciaglo | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said it has narrowed the scope of its investigation into Microsoft’s
Sam Altman, president of Y Combinator, pauses during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images OpenAI’s ChatGPT unleashed an arms race among Silicon Valley companies and investors, sparking an A.I. investment craze that proved to be a boon for
China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Florence Lo | Reuters BEIJING — China says it would “strongly oppose” a forced sale of TikTok, making clear the government’s involvement with the social media giant that’s trying hard to distance itself from Beijing authorities. The
In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | Afp | Getty Images Cryptocurrency firm Tether estimates it will make $700 million profit
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Shares of Jack Dorsey’s Block plunged 20% after short-seller Hindenburg Research announced on Thursday that the
In this article BTC.BS=-USS BTC.CB= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. It comes after a noted investor bet that the digital currency could go to $1 million in 90 days. Chris Ratcliffe | Bloomberg | Getty Images
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dave Limp, senior vice president of devices & services for Amazon.com Inc., speaks during an unveiling event at the company’s headquarters in Seattle, Washington, on Wednesday, Sept. 25, 2019. Chloe Collyer | Bloomberg | Getty Images Since Amazon unveiled its Alexa voice assistant in 2014,
In 2022, the fintech world took a beating, with some of the world’s most richly valued companies seeing their valuations slashed. But innovation is still happening — with a vengeance. Oscar Wong | Moment | Getty Images CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai told employees that the success of its newly launched Bard
Misalignment Museum curator Audrey Kim discusses a work at the exhibit titled “Spambots.” Kif Leswing/CNBC Audrey Kim is pretty sure a powerful robot isn’t going to harvest resources from her body to fulfill its goals. But she’s taking the possibility seriously. “On the record: I think it’s highly unlikely that AI will extract my atoms
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previously announced layoffs that began in November and extended into January. That round totaled more than
ChartHop CEO Ian White ChartHop ChartHop CEO Ian White breathed a major sigh of relief in late January after his cloud software startup raised a $20 million funding round. He’d started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. For ChartHop’s prior round in 2021,
The TikTok logo is displayed outside TikTok social media app company offices in Culver City, California, on March 16, 2023. Patrick T. Fallon | AFP | Getty Images TikTok is at risk of being banned in the U.S. if Chinese parent ByteDance won’t sell its stake. Millions of Americans who use the popular video app
Former Theranos CEO Elizabeth Holmes (C) arrives at federal court with her mother Noel Holmes (L) and father Christian Holmes on September 01, 2022 in San Jose, California. Justin Sullivan | Getty Images Elizabeth Holmes hasn’t paid back over $25 million to creditors of her former Theranos company as she tries to delay her 11-year
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. Jonathan Ernst | Reuters Google-owned YouTube will allow former President Donald Trump’s account to post new videos as of Friday, lifting
In this photo illustration the social media application logo for TikTok is displayed on the screen of an iPhone in front of a US flag and Chinese flag background in Washington, DC, on March 16, 2023. Olivier Douliery | AFP | Getty Images A star-studded array of Silicon Valley venture investors have joined forces with
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is indicating to ex-staffers, who got laid off while on maternity and medical leave, that they won’t get paid for all of
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google announced a price increase for its YouTube TV subscription on Thursday. It’s rising from $65 per month to $73 per month starting
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Thanks to recent advances in artificial intelligence, new tools like ChatGPT are wowing consumers with their ability to create compelling writing
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