Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce | Handout | via Reuters In what has become a regular
Technology
An illustration of NFT-based art. gremlin | E+ | Getty Images Venture capitalists are writing big checks for start-ups in the booming NFT space. NFTs, or non-fungible tokens, have exploded in popularity this year in tandem with a rise in the values of cryptocurrencies like bitcoin and ether. They’re a type of digital asset designed
Zoom CFO Kelly Steckelberg said Wednesday she’s well aware of the toll working from home can have on employees, and offered insight into how the company that’s become synonymous with videoconferencing during the pandemic tries to prevent burnout among its own staff. Steckelberg’s comments on “Closing Bell” come after so-called Zoom fatigue attracted renewed attention
Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch When Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech. Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year
A semiconductor wafer during an Intel event ahead of a IFA International Consumer Electronics Show. Krisztian Bocsi | Bloomberg | Getty Images Intel announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Ocotillo, Arizona. The announcement, coinciding with new CEO Pat Gelsinger’s first public remarks since
In this article GOOGL GME AMC PLTR JD Lasica | Flickr In a year of historically wild stock moves, often driven by chatter on Reddit boards, financial software vendor Upstart Holdings is the latest company to see its stock soar to inexplicable heights. Founded in 2012 by former Google executive David Girouard, Upstart went public
In this article TSLA AMZN Smith Collection/Gado | Archive Photos | Getty Images A U.S. federal agency is considering as evidence a former Tesla employee’s complaint about how the company managed and communicated about fire risks and defects in its solar installations, CNBC has learned from documents received through a Freedom of Information Act request.
The Deliveroo app displayed on a smartphone screen. Thiago Prudencio | SOPA Images | LightRocket via Getty Images LONDON — British food delivery firm Deliveroo is seeking a valuation of up to £8.8 billion ($12.2 billion) in its upcoming initial public offering in London. The company, which is backed by Amazon, set a price range
Traders on the floor of the New York Stock Exchange. Source: NYSE Wall Street has long made New York the center of the banking universe. But the city’s tech scene is finally having its moment. After a smattering of IPOs over the last decade from companies like Etsy, MongoDB, Datadog and Peloton, there’s a whole
Evan Alberto has made almost a million dollars from Snapchat Courtesy of Evan Alberto Evan Alberto says he’s on track to become a millionaire in just a few weeks thanks to his consistent Snapchat usage. Since late November, the company has maintained a $1 million daily pool which it pays out to the creators of
An employee arranges a display of Vizio Inc. high-definition televisions at a Best Buy Inc. store in Paramus, New Jersey. Mark Kauziarich | Bloomberg | Getty Images Vizio emerged as a top-selling TV company in the U.S. about 15 years ago by securing deals with big box stores like Costco and Best Buy and selling
NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images The digital advertising world is scrambling to prepare for a seismic change when Apple updates
In 2021, the race is on to determine which nation will lead the world, China or the United States. At the moment, China already looks like the future winner. It’s promoting what it calls a New World Order, an order in which the new top dog is, you guessed it: China. Chinese president Xi
Bill Gates Adam Galica | CNBC Bill Gates wants to do his part to try to reduce impact of a warming planet. He just published a book about climate change. It turns out that he’s also been changing parts of his life to cut back on carbon emissions. In Gates’ latest Ask-Me-Anything session on Reddit
Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign and how it handles
Patrick Mahomes #15 of the Kansas City Chiefs looks to pass over Shaquil Barrett #58 of the Tampa Bay Buccaneers during the second quarter against the Tampa Bay Buccaneers in Super Bowl LV at Raymond James Stadium on February 07, 2021 in Tampa, Florida. Patrick Smith | Getty Images The National Football League has finalized
Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon CEO Jeff Bezos, the world’s wealthiest person, is urging lawmakers to pass immigration reform and thanked members of Congress for bringing a bill to the floor that would create a path to citizenship for millions of immigrants known as “Dreamers.” In an Instagram post on
Amazon’s redesigned Echo Dots Kids Edition Amanda Ringstad, Amazon The Amazon Alexa voice assistant on your Amazon Echo can whisper. And you can also limit how much it says when you talk to it. I’m finding it useful at home with a baby in the house, when I don’t need Alexa saying “OK” every time
The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images GUANGZHOU, China — Chinese search giant Baidu will raise nearly $3.1 billion in its upcoming Hong Kong secondary listing, a person familiar with the matter told CNBC. Baidu has
Palantir Technologies CEO Alex Karp sharply criticized Wall Street on Tuesday, saying there’s too much emphasis on near-term gains at the expense of developing healthy, long-lasting companies. Karp made the comments in an interview with CNBC’s Wilfred Frost as part of an event hosted by The Executives’ Club of Chicago. The remarks were later aired
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