In this article TWTR Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private. The vote comes as Musk seeks to scrap the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been
Technology
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon‘s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. Heather MacDougall, who joined Amazon
In this article AAPL AAPL Apple iOS 16 Source: Apple Apple released its big new iOS 16 software update for iPhones on Monday. It has lots of new features and is available to anyone with an iPhone 8 or newer. Apple releases big software updates every year to help keep the iPhone fresh. And, unlike Google’s
In this article JPM Some parts of China have officially promoted metaverse development plans. Pictured here is a metaverse exhibition area at an annual services trade expo in Beijing on Sept. 1, 2022. China News Service | China News Service | Getty Images BEIJING — When it comes to futuristic concepts like the metaverse, JPMorgan
Deepak Ahuja joined Zipline as Chief Business and Financial Officer in 2022. Courtesy Zipline Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s chief business officer and CFO, Zipline announced Friday. Zipline is a Silicon Valley-based robotics company that delivers supplies to hard-to-reach areas using drones. It initially focused on medical
In this article AAPL Sofia Pitt, CNBC When Apple held its annual launch event for the iPhone 13 in 2021, it started with a joyful video featuring jazz dancers celebrating the natural beauty of California (which can be captured with an iPhone camera, of course). The undertone of Apple’s iPhone 14 launch this week was
In this article ETH.CM= BTC.CM= Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged on Friday breaking back above the $20,000 mark as the U.S. dollar weakened
The Amazon Spheres in Seattle Washington on Sept. 20th, 2018. Todd Haselton | CNBC Amazon is preparing to cut more than 150 jobs as it winds down its telehealth offering known as Amazon Care, according to filings submitted in Washington state. Amazon said 159 employees will be laid off from Amazon Care, based on Worker
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company
In this article TSLA Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. James Glover II | Reuters Tesla has shaken up leadership at the Gigafactory, its sprawling battery plant outside of Reno, Nevada, and is setting new goals for the facility. Former Vice President of Gigafactory
In this article AAPL Apple hiked the price of the iPhone 14 series in a number of key markets, though it was unchanged in the United States. With rampant inflation persisting and a global recession on the horizon, all eyes were on how Apple priced its main product during the Cupertino giant’s big event on
Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car maker Nio joined others in the industry in saying that U.S. restrictions on Nvidia chip sales to China won’t affect the automaker’s business.
In this article TWTR This illustration photo taken on August 5, 2022 shows a cellphone displaying a photo of Elon Musk placed on a computer monitor filled with Twitter logos in Washington, DC. Samuel Corum | AFP | Getty Images A Delaware court denied Elon Musk‘s request to delay the trial over his attempt to
In this article GOOG GOOGL 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 said he wants to make the company 20% more efficient and that could include headcount
In this article MMAT Mark Zuckerberg, chief executive officer and founder of Facebook Inc., demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers. David Paul Morris | Bloomberg | Getty Images Meta will hold its annual virtual reality conference, Connect, on Oct.11, CEO Mark Zuckerberg announced on Tuesday. In an announcement post
In this article META GOOGL AAPL A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page on an Apple iPhone on August 7, 2020. Drew Angerer | Getty Images News | Getty
In this article SPOT Benee performs at the Bonnaroo Music & Arts Festival on June 18, 2022 in Manchester, Tennessee. Josh Brasted | Wireimage | Getty Images Zoi Lerma was working at a Los Angeles bagel shop in early 2020 when she first heard the song “Supalonely” by Benee. She liked it so much that
In this article AMZN Jing Gao and Eddie Levine have both worked in e-commerce for more than a decade. Eddie Levine Eddie Levine and Jing Gao first met at an Atlanta e-commerce conference in 2016. Two years later, they shared their first kiss outside an Amazon seller summit in New Orleans. And in 2020, Gao
Honor CEO George Zhao launched the company’s Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor Honor, the smart devices company spun off from
Mouse mover. Sofia Pitt Employers are monitoring productivity more than ever, in part thanks to the boom in remote work. Employees are turning to gadgets to outsmart monitoring software. One such tool is a mouse mover, or mouse jiggler, that’s supposed to keep your screen on. I decided to give one a try to see
In this article QCOM META Facebook parent Meta and Qualcomm will work on making virtual reality chips for various metaverse applications. Ercin Erturk | Anadolu Agency | Anadolu Agency | Getty Images Meta and Qualcomm are teaming up to develop custom chipsets for virtual reality products, the companies announced on Friday. The two U.S. technology
In this article PDD Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Pinduoduo launched its U.S. online shopping site as the Chinese e-commerce giant makes
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images BEIJING — U.S. restrictions
In this article NVDA Nvidia on Thursday said the U.S. government will allow it to continue developing its H100 artificial intelligence chip in China. It’s a win for the company after it warned Wednesday that new export restrictions could hamper its operations in the country. Nvidia said in an SEC filing Wednesday that the U.S.
In this article TWTR The Twitter logo is seen on a Redmi phone screen in this photo illustration in Warsaw, Poland on 23 August, 2022. Nurphoto | Getty Images Twitter announced Thursday that it will finally roll out one of the most requested features, the option to edit tweets. The edit tweet function is being
The push for India’s first 5G spectrum may be heating up, but rollout plans in the country are still “a big maze,” according to a former CEO of Indian telco Bharti Airtel. Speaking to CNBC’s “Street Signs Asia” on Wednesday, Sanjay Kapoor, who is now an independent analyst, said Indian mobile operator Reliance Jio’s $25
In this article SNAP Snap shares rose as much as 15% after it confirmed reports it will cut 20% of its more than 6,000-person workforce and said it will scrap several projects, including its Pixy photo-taking drone and its lineup of Snap Originals premium shows. CEO Evan Spiegel announced the moves in a memo Tuesday,
In this article SNAP Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap is laying off 20% of its workforce, which equates to over 1,000 employees, according to
In this article TWTR In this illustration, Elon Musk’s Twitter account is displayed on the screen of a mobile phone with the Twitter logo in the background. A whistleblower’s complaint that Twitter misled federal regulators about the company’s security risks could provide Elon Musk with fresh ammunition in his bid to get out of buying
In this article AAPL Apple CEO Tim Cook delivers a keynote address during the WWDC22 at Apple Park on June 06, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. Justin Sullivan | Getty Images Apple is holding a launch event at its headquarters in Cupertino, California, on Sept.
In this article AAPL Apple CEO Tim Cook poses in front of a new MacBook Airs running M2 chips display during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple‘s Mac supply chain has normalized, according to analysts at JPMorgan, who said lead times have moderated to
In this article BABA 700-HK JD Chinese technology giants including Alibaba have seen slower-to-no-growth as China’s economy faces weakness as a result of Beijing’s zero-Covid policy. Qilai Shen | Bloomberg | Getty Images Chinese technology giants are coming off the back of their worst quarter of growth in history as a big slowdown in the
In this article RIVN TSLA AMZN Following in Tesla’s footsteps, another electric vehicle company has been making a name for itself, with a unique spin: Rivian Automotive. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.”
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