U.S. President Joe Biden speaks during the inauguration of Joe Biden as the 46th President of the United States on the West Front of the U.S. Capitol in Washington, January 20, 2021. Brendan McDermid | Reuters Amazon on Wednesday offered to help with the national effort to distribute the Covid-19 vaccine, according to a letter
Technology
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
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the fourth quarter of 2020 after the bell on Tuesday. Here are the key
SINGAPORE — China’s agreement with the European Union could pave the way for Beijing’s “dual circulation” strategy of being self-reliant in technology while still remaining a part of the global supply chain, an academic told CNBC. Last year, the Chinese government came out with a batch of policy terms to bolster its economy, putting them
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
Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Motors has announced a new autonomous driving feature designed to work on highways, as it ramps up its challenge to domestic rivals
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
Shopify founder and Chief Executive Officer Tobi Lutke smiles after the company’s IPO at the New York Stock Exchange May 21, 2015. Lucas Jackson | Reuters Shopify just came off a huge growth year as the Covid-19 pandemic spurred massive growth in online shopping. Now it’s starting 2021 with a bang thanks to an 8%
A man receives a dose of the Moderna coronavirus disease (COVID-19) vaccine at a vaccination site at South Bronx Educational Campus, in the Bronx New York on January 10, 2021. Kena Betancur | AFP | Getty Images GUANGZHOU, China — Sellers on the so-called dark web have been putting out an increasing number of advertisements for
Signal app Signal Facebook‘s WhatsApp is changing its privacy policy on Feb. 8, when it will begin to share some user information with Facebook, including location, phone numbers, profile names and pictures, when you last logged online and more. People are now flocking to an alternative texting app called Signal that doesn’t collect your data.
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook on Monday announced that it will pause its contributions to political action committees in the wake of the invasion of the U.S. Capitol on Wednesday by insurgents incited by President Donald
German Chancellor Angela Merkel wears a protective face mask as she leaves after speaking to the media for her annual summer press conference during the coronavirus pandemic on August 28, 2020 in Berlin, Germany. Anadolu Agency | Anadolu Agency | Getty Images LONDON — German Chancellor Angela Merkel blasted Twitter’s decision to ban U.S. President
A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images News | Getty Images GUANGZHOU, China — Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market. The market capitalization or value of the cryptocurrency market was $959.53