Technology

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the price of several cars in key markets, including the

In this article ETH= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin is under pressure as the Federal Reserve has indicated that rates could go higher than expected and after a major crypto-focused lender, Silvergate Capital, collapsed. Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies took a dip on Monday to start the week and

Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle against antitrust legislation that would have more tightly regulated the tech industry. A person who works with the group, American Edge Project, told CNBC that

In this article AAPL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Gina Raimondo, US secretary of commerce, speaks at Georgetown University’s School of Foreign Service in Washington, DC, on Thursday, Feb. 23, 2023. Al Drago | Bloomberg | Getty Images Standing against conservative critiques of the Biden administration’s conditions on computer chip-manufacturing funding, the tech

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Getty Images New York City Mayor Eric Adams and his police department have asked residents to help fight vehicle theft in the city by placing Apple AirTags in their cars. AirTags are small, circular tracking devices that allow users to monitor the location of their

Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images When Google hired Oracle’s Thomas Kurian four years ago to run its cloud business, the internet search company had a

In this article AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Tech investors are eager to hear how much industry leaders are bolstering profitability now that they’re in cost-cutting mode. But there’s one area where

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images A former Apple employee who swindled the company out of more than $17 million with a scheme that double-billed for parts was sentenced to three years in federal prison and ordered to pay more than $19 million in restitution to

Federal Bureau of Investigation Director Christopher Wray testifies before a Senate Intelligence Committee hearing on “worldwide threats,” on Capitol Hill in Washington, March 8, 2023. Mary F. Calvert | Reuters U.S. cyber intelligence staff is vastly outnumbered by Chinese hackers, Federal Bureau of Investigation Director Christopher Wray told Congress as he pleaded for more money

In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming

In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft has invested huge amounts of capital and time into making cloud gaming a core part of its gaming offering. Peter Summers | Getty Images When Microsoft announced its offer to buy Activision Blizzard for $68.7 billion, it marked one of the biggest acquisitions

China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment,

In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022. Jonathan Ernst | Reuters Intel reported

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022.  Bryan van der Beek | Bloomberg | Getty Images Crypto exchange Coinbase offered a fiery response on Thursday to last month’s Wells

In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Ramin Talaie | Corbis News | Getty Images Ride-sharing app Lyft will lay off 1,072 employees, roughly 26% of its corporate workforce, and won’t hire for an additional 250 positions, the company said in an SEC filing Thursday. The news comes a week after a

In this article DBX Follow your favorite stocksCREATE FREE ACCOUNT Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images Dropbox on Thursday announced plans to cut 500 employees, or about 16% of its workforce,

Twitter CEO Elon Musk speaks at the “Twitter 2.0: From Conversations to Partnerships,” marketing conference in Miami, Florida, on April 18, 2023. Chandan Khanna | AFP | Getty Images After being spotted on Capitol Hill on Wednesday, Elon Musk tweeted that he’d met with Senate Majority Leader Chuck Schumer, D-N.Y., and other lawmakers about artificial

Infosys founder Narayana Murthy sees tech layoffs in the U.S. as an opportunity for India. “I look at these things [such as tech layoffs] as part of a business cycle. The curve goes up and down, up and down. So I would not be that much worried,” Murthy told The CNBC Conversation. related investing news

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak. Here are

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li