Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook CEO Mark Zuckerberg on
Technology
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters The holiday season is shaping up to be a celebratory time for tech IPO investors. Between early and mid-December, public investors will likely get their first crack at buying stock in food delivery provider DoorDash, e-retailer Wish and kids gaming company Roblox, according to
Johanna Geron | Reuters Facebook told advertisers its temporary post-election ban on political ads is expected to continue for another month. Its temporary pause on social issues, electoral or political ads in the U.S. will continue to help prevent confusion or abuse on its platform, according to emails viewed by CNBC. Facebook told advertisers they
The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Remember TikTok? That wildly popular user-generated video application that dominated headlines for months as a potential
Apple announced three new Mac computers on Tuesday: a MacBook Air, a 13-inch MacBook Pro, and a Mac Mini. They essentially look the same as their predecessors. What’s new this time is the chip that runs them. Now they’re powered by Apple’s M1 chip instead of Intel processors. Tuesday’s announcement marks the end of a
This illustration picture taken on July 24, 2019 in Paris shows the logo of the US online store application Amazon on the screen of a tablet. MARTIN BUREAU | AFP | Getty Images LONDON — The European Commission has concluded that Amazon breached European rules by using independent sellers’ data for its own benefit. It
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters President-elect Joe Biden presents a mixed bag for Tesla and other electric car-makers. On the pro side, Biden’s stated goals for clean energy and manufacturing could mean new government incentives for
Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Shares of Zoom Video fell sharply on Monday morning as names benefitting from people staying at home due to the coronavirus pandemic lost their appeal following the release of positive coronavirus vaccine
Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Tech CEOs and Silicon Valley luminaries congratulated President-elect Joe Biden and Vice President-elect Kamala Harris after their victory
WASHINGTON – Joe Biden is projected to win the U.S. presidential election, according to NBC News, a watershed moment in a deeply divided nation that is facing multiple crises. The call in the race came four days after Election Day, and during close counts in multiple battleground states. President Donald Trump’s campaign has mounted several
The logo of Toyota Motor is displayed at a company’s car showroom in Tokyo on February 6, 2019. Kazuhiro Nogi | AFP | Getty Images During a Toyota Motors earnings call on Friday, executives answered questions about how they plan to compete in the expanding field of electric vehicles, and took a potshot at Tesla’s
Peter Thiel, co-founder and chairman of Palantir Technologies Inc., speaks during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the data analytics software company co-founded by Peter Thiel, one of President Donald Trump’s former top allies in Silicon Valley, just wrapped up its best
Amazon Flex Driver CNBC | Katie Schoolov Amazon is launching a rewards program for its legions of Flex delivery drivers that gives them a leg up when it comes to the app’s competitive shift selection process. The company quietly added a section to the Flex website and an app on Apple’s App Store that advertise
BROOKLYN, NY – AUGUST 09: CEO of Epic Games Tim Sweeney speaks onstage during Samsung Unpacked New York City at Barclays Center on August 9, 2018 in Brooklyn City. Mike Coppola | Getty Images Entertainment | Getty Images Fortnite could be about to return to iPhones and iPads — this time as part of Nvidia’s
Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images Zillow shares climbed more than 8% in extended trading on Thursday after the digital real estate company reported third-quarter estimates that blew past analysts estimates and offered a better-than-expected forecast for the fourth quarter. A combination of record low
Executive Vice President Margrethe Vestager talking to media in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — The European Commission is about to propose a “revolutionary” overhaul of digital regulation that could hurt the business models of Big Tech, industry experts told CNBC. The Digital Services Act, due to be
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