InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images Tech investors last week finally heard utterance of their favorite three-letter acronym: IPO. It’s been 20 months since a notable venture-backed tech company went public in the U.S., and the chatter in Silicon Valley has centered around who will break the
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Microsoft says it “really tried” to take the concerns of U.K. regulators to heart, before launching its fresh bid to take over Activision Blizzard — and it’s now up to the regulators to decide whether that path is clear. “I think we need to let the regulators speak for themselves,” Microsoft’s vice-chairman and president Brad
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A multi-year investigation into the safety of Tesla’s driver assistance systems by the National Highway Traffic Safety Administration, or NHTSA, is drawing near a close. Reuters’ David Shepardson first reported on the latest developments Thursday, citing NHTSA acting administrator Ann Carlson. CNBC confirmed the report
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT Former U.S. President Donald Trump speaks to the media at Atlanta Hartsfield-Jackson International Airport after surrendering at the Fulton County jail on August 24, 2023 in Atlanta, Georgia. Joe Raedle | Getty Images Former President Donald Trump posted to X, formerly Twitter, for the first
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Cybertruck during a tour of the Elkhorn Battery energy storage system in Moss Landing, California, June 6, 2022. Nik Coury | Bloomberg | Getty Images Tesla CEO Elon Musk has been promoting the company’s long-delayed, sci-fi inspired Cybertruck on social media this week.
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook reacts to a customer carrying a Macintosh SE during the opening of the new Apple BKC store in Mumbai, India, on April 18, 2023. Indranil Aditya | Bloomberg | Getty Images Apple is now backing a California right-to-repair bill, a major
In this article NVDA GOOGL AMZN Follow your favorite stocksCREATE FREE ACCOUNT The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Hugging Face, an AI firm based in New York, has raised $235 million at a $4.5 billion valuation from some of technology’s
Signages at the Grab Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Grab released earnings results on Aug. 23. Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying | Bloomberg | Getty Images Singapore-based Grab said on Wednesday that its ride-hailing unit is on track to hit pre-Covid levels by the end of this
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A collection of bitcoin, litecoin and ethereum tokens. Chris Ratcliffe | Bloomberg | Getty Images Cryptocurrencies rose Wednesday as investors continued to grapple with the market’s summer doldrums and looked ahead to the Federal Reserve’s annual meeting in Jackson Hole, Wyoming, on Friday. Bitcoin rose
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Pallets of depleted lithium-ion batteries at JB Straubel’s Redwood Materials are ready for recycling. Source: CNBC Redwood Materials, the battery-recycling startup founded by Tesla board member JB Straubel, recently nabbed Tesla’s vice president of powertrain engineering, Colin Campbell, to serve as chief technology officer. Based
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM said Tuesday it’s selling its weather unit, including The Weather Channel mobile app and websites,
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase cryptocurrency exchange website is seen on the screen of a computer on October 05, 2018 in Paris, France. Chesnot | Getty Images News | Getty Images Cryptocurrency exchange Coinbase is taking a stake in Circle, the issuer of the
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Ruth Porat, chief financial officer of Alphabet Inc., speaks during a news conference at Michigan Central Station in Detroit, Michigan, on Friday, Feb. 4, 2022. Jeff Kowalsky | Bloomberg | Getty Images A string of Google executives have changed their roles in the span of
In this article 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT A XPeng Inc. G6 electric sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Images Xpeng expects cost cuts and its Volkswagen partnership to narrow the firm’s losses, the Chinese EV maker told CNBC in an exclusive interview on Monday. On Friday, the firm
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Ruth Porat, Alphabet’s chief financial officer, appears on a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Google said in May that, starting in December, it would begin purging inactive accounts, a
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple will “comply” with European Union regulation that requires electronic devices to be equipped with USB-C charging, said Greg Joswiak, Apple’s senior vice president of worldwide marketing. That will mean Apple’s iPhones, which currently use its proprietary Lightning charging standard, will need to change to
Harun Ozalp | Anadolu Agency | Getty Images Users of X, formerly known as Twitter, will no longer be able to block comments from unwanted followers, according to a post by X owner Elon Musk on Friday, eliminating what’s long been viewed as a key safety feature. Blocking will only be available for direct messages,
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Cryptocurrency prices remained under pressure to end the week. Bitcoin was lower by about 5% at $26,366.99, according to Coin Metrics, following a stunning fall late Thursday,
In this article SE Follow your favorite stocksCREATE FREE ACCOUNT Forrest Li, chief executive officer of Sea Ltd., in Singapore, on Wednesday, May 3, 2023. Ore Huiying | Bloomberg | Getty Images Shares of Southeast Asian tech giant Sea plummeted this week after missing revenue expectations and saying it would focus on growth over profits
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Andriy Onufriyenko | Moment | Getty Images Bitcoin slipped sharply on Thursday evening, tumbling by as much as 9% to just over $26,000. The cryptocurrency last traded at $26,593.68, reflecting a decline of more than 8%, according to Coin Metrics data. The fall in bitcoin
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