Technology

In this article PYPL The PayPal application on an Apple iPhone.  Andrew Harrer | Bloomberg | Getty Images BOAO, China — PayPal plans to set up a local wallet in China focused on cross-border payments. In January, the U.S. fintech company became the first foreign firm with 100% ownership of a payments platform in China.

Apple CEO Tim Cook takes a selfie with an attendee during a special event on September 10, 2019 in the Steve Jobs Theater on Apple’s Cupertino, California campus. Justin Sullivan | Getty Images Apple will hold its first product launch event of the year on Tuesday. On deck: New iPads Pro are expected to be

In this article CNY= BOAO, China — China is trying to make it possible for foreign athletes and visitors to use its digital currency during the Beijing Winter Olympics in 2022, a top central bank official said on Sunday. It could be the first test for China’s digital currency with international users. Li Bo, deputy

In this article AMZN Still from “Lord of the Rings: The Fellowship of the Ring.” New Line Cinema Amazon’s “Lord of the Rings” television show is shaping up to be a costly endeavor for the tech company. On Friday, New Zealand’s minister for economic development and tourism revealed that the fantasy drama will be one

Peloton Co-Founder and CEO John Foley speaks during the TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco. Kimberly White | Getty Images The U.S. Consumer Product Safety Commission on Saturday said consumers should stop using the Tread+ treadmill from exercise equipment maker Peloton if small children or pets are

In this article DOGE.CM= A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images Dogecoin started out as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside

In this article AMZN People protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021. Lucy Nicholson | Reuters Amazon last week soundly defeated a union drive at one of its Alabama warehouses, a major win for the e-commerce giant which has long fought unionization attempts

In this article ABNB The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Airbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC. “To

In this article GOOGL Google Earth Google Google Earth received its first big update since 2017 on Thursday. The highlight is a new Timelapse feature that lets you see how much the earth has changed in the past 37 years, and it’s pretty stunning what you can find. With Google Earth Timelapse you can search

Amazon Founder and CEO Jeff Bezos Mark Ralston | AFP | Getty Images In his final letter to shareholders, Amazon CEO Jeff Bezos said Thursday that the company needs to “do a better job for our employees.” Bezos pointed to the recent union election outcome at one of Amazon’s Alabama warehouses as an example of

In this article COIN Fred Wilson David Orrell | CNBC By 2013, venture capitalist Fred Wilson had established himself as a preeminent investor in consumer tech, having made early and highly lucrative bets on Twitter, Zynga, Etsy and Tumblr. In May of that year, he took a slight sideways turn. “We have been thinking about

In this article COIN Coinbase shares were indicated to open at about $350 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Shares are expected to start trading Wednesday afternoon. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees and existing shareholders

In this article COIN Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued and you’ll likely get 10

This illustration picture shows a person waiting for an update of Epic Games’ Fortnite on their smartphone in Los Angeles on August 14, 2020. Chris Delmas | AFP | Getty Images Epic Games, developer of the popular video game Fortnite, on Tuesday said it raised $1 billion in a new round of funding that lifts

In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google maintains

Microsoft CEO Satya Nadella looks on during a panel session on day three of the World Economic Forum in Davos, Switzerland, on Jan. 24, 2019. Jason Alden | Bloomberg | Getty Images Microsoft announced Monday that it will buy speech recognition company Nuance Communications for $56 per share, about 23% above its closing price Friday.

In this article 9988-HK The signage is seen at Alibaba Group headquarters during the company’s 11.11 Singles’ Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares in Hong Kong jumped more than 5% on Monday after the company was fined 18.23 billion yuan

In this article TPT-GB Topps baseball cards Ari Levy | CNBC On a recent family ski trip in California, my kids and I popped into an old baseball card shop in the city of Sonora, a former gold mining town in the Sierra Nevada foothills. As a former rabid card collector, I lit up when

In this article FB Chris Cox Asa Mathat | Re/code Facebook Chief Product Officer Chris Cox got paid approximately $69 million to rejoin the social media company in 2020. Cox rejoined Facebook in June 2020 after a more than one year hiatus away from the company. Cox is a key moral leader at Facebook and

In this article TSLA Lithium-ion batteries are everywhere — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4 billion market by 2025, mostly due to the boom in electric