Technology

Instacart Instacart said it’s slashing its valuation by almost 40% to about $24 billion, to reflect this year’s selloff in technology stocks. The grocery delivery company was valued at $39 billion in March 2021, when it raised $265 million. That made Instacart one of the most valuable venture-backed companies in the U.S. However, with the

An image of a semiconductor wafer. I-Hwa Cheng | Bloomberg | Getty Images Russia’s war in Ukraine could see the production of neon, a critical gas in advanced semiconductor manufacturing, fall to worryingly low levels at a time when the world is already grappling with a chip shortage. Neon is required for the lasers that

Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company’s competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. The companywide virtual gathering earlier this month followed the release of

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be

Thomas Samson | AFP | Getty Images Hordes of Ukrainian coders are splitting their time between doing their day jobs and fighting a cyber war with Russia. Over 311,000 people have joined a group called “IT Army of Ukraine” on the social media platform Telegram, where Russian targets are shared. While not all of them

An employee wearing HTC’s Vive virtual reality headset plays a video game at the T.UM showroom in the SK Telecom Co. headquarters in Seoul, South Korea, on June 11, 2021. SeongJoon Cho | Bloomberg | Getty Images Imagine discussing a confidential multimillion-dollar deal with your boss. The conversation ends, and you both leave. A while

In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk will officially open Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure off

President Joe Biden speaks during a tour of the Ford Rouge Electric Vehicle Center, in Dearborn, Michigan on May 18, 2021. Michael Wayland | CNBC President Joe Biden on Monday advised U.S. corporations to strengthen their cybersecurity practices because of intelligence reports indicating that Russia is looking at possibilities to attack. The guidance came almost

In this article AAPL Source: Apple Many Apple services, including the App Store, Apple Arcade, Music and Maps and other are experiencing outages. The company’s status page, which typically shows how severe an outage is, is also offline. Apple made $19.2 billion in services revenue last quarter, so an extended outage could have a material

In this article 9868-HK A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Group | Getty Images Chinese electric vehicle maker Xpeng will hike the price of its

Understanding Ag teaching farmers about regenerative grazing. Photo courtesy Understanding Ag. When Gabe Brown first got into regenerative agriculture more than 25 years ago, he wasn’t trying to solve climate change. “I was just trying to keep the banker at bay and feed my family,” Brown told CNBC. Brown grew up in Bismarck, N.D., and

Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial public offering on the floor of the New York Stock Exchange in New York on Oct. 12, 2018. Michael Nagle | Bloomberg | Getty Images Activist

People drink outside a bar. Caitlin Ochs | Reuters A handful of twenty-somethings stand at the door of The Gin Mill, a New York City bar, trying to get past the bouncer. But instead of just producing IDs, anyone wanting to get in has to show they had a dating app on their phone. The

In this article AMZN An Amazon worker holds a sign at the Amazon building during the outbreak of the coronavirus disease (COVID-19), in the Staten Island borough of New York City, March 30, 2020. Jeenah Moon | Reuters Amazon workers at a second warehouse on New York’s Staten Island will vote whether to form a

In this article HOOD UBER SNAP ROKU Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallets and morale. Robinhood, Snap, Roku and Uber are among those offering more equity grants

Uber and Amazon Flex drivers protest the fuel price serge and demand more money outside an Amazon warehouse in Redondo Beach, California, March 16, 2022. Mike Blake | Reuters On Wednesday morning, about 50 delivery and rideshare drivers parked outside an Amazon warehouse near Los Angeles. Signs taped to their car windows showed a jogging

People gather to stage anti-war protest in Saint-Petersburg, Russia on March 1, 2022. Anadolu Agency | Getty Images As the U.S. and Europe impose economic sanctions on Russia for its invasion of Ukraine, and businesses from McDonald’s to Starbucks shut down operations in the country, tech platforms must weigh a more complex equation. Unlike certain

Russian President Vladimir Putin and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on Feb. 4, 2022. Alexei Druzhinin | AFP | Getty Images As Russia’s war on Ukraine continues, Moscow has looked to tighten control over its domestic internet, cutting off apps made by U.S. technology giants, even while

Though a flood of claims by hacking groups followed Russia’s invasion of Ukraine, one study shows most made by Anonymous check out. Nurphoto | Nurphoto | Getty Images More than three weeks ago, a popular Twitter account named “Anonymous” declared that the shadowy activist group was waging a “cyber war” against Russia. Since then, the

In this article TSLA John Bernal, the creator of AI Addict on YouTube. Courtesy: AI Addict Tesla has fired a former Autopilot employee named John Bernal after he shared candid video reviews on his YouTube channel, AI Addict, showing how the company’s Full Self Driving Beta system worked in different locations around Silicon Valley. Following