Technology

SAN FRANCISCO, CALIFORNIA – JUNE 23: XBOX CEO Phil Spencer arrives at federal court on June 23, 2023 in San Francisco, California. Top executives from Microsoft and Activision/Blizzard will be testifying during a five day hearing against the FTC to determine the fate of a $68.7B merger of the two companies. (Photo by Justin Sullivan/Getty

Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast. Wolfgang Rattay | Reuters Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last years. The company, born from the spinoff of the

China’s President Xi Jinping (R) met with U.S. Secretary of State Antony Blinken. The U.S. has looked to cut China off from key technologies like advanced semiconductors over the past few years. The two sides likely discussed tech tensions but analysts said not much is likely to change even as the two sides look to

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT David Zaslav Olivia Michael | CNBC Warner Bros. Discovery employees faced another round of layoffs this week, particularly those in the cable-TV network side of the business. The layoffs affected the company’s vast portfolio of cable-TV networks including the Discovery Channel, Investigation Discovery and the

In this article INTC 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Brandon Bell | Getty Images A security researcher who uses the handle “@GreentheOnly” has discovered a secret setting in Tesla vehicles that can be enabled by the

Indian Prime Minister Narendra Modi waves to supporters as he arrives at the Lotte New York Palace hotel in New York City, June 20, 2023. Mike Segar | Reuters As China’s economy falters, top U.S. corporate executives are making it a priority to meet Prime Minister Narendra Modi during his state visit to the White

In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba announced a major leadership reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning to step down this year and be replaced by veterans at the Chinese tech giant. Eddie Yongming Wu will step in as CEO, while Joe Tsai will take over

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Six years ago, Amazon kicked off a sweepstakes-style contest in search of where to build a second headquarters. The competition drew bids from 238 states, provinces and cities vying to be the next anchor for the nation’s dominant online retailer and second-largest private employer. This

In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT The collaborative efforts between Spotify and Harry and Meghan has resulted in just one, 12-episode series of the podcast “Archetypes.” Chris Jackson | Chris Jackson Collection | Getty Images Spotify executive Bill Simmons described Prince Harry and Meghan, the Duchess of Sussex, as “grifters” after

In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT The Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. On Sunday, the Ohio Department of Health reported a total of 298,096 cases in Ohio since the pandemic began, leading to 5,722 deaths and 22,265 hospitalizations. Photographer: Dustin Franz/Bloomberg via Getty Images Bloomberg

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon’s head of worldwide consumer Jeff Wilke unveiled its latest delivery drone at the re:MARS conference in Las Vegas on June 5, 2019. Amazon Amazon doesn’t plan to host its re:MARS conference on cutting-edge technologies like robotics and space this year, the company confirmed on

In this article GM F TSLA Follow your favorite stocksCREATE FREE ACCOUNT Interest in electric vehicles is at an all-time high, with sales of new EVs up 55% in 2022 compared with the year prior. But there are still a lot of gas cars on the roads today, and it’s likely there will be for

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France.  Chesnot | Getty Images Tesla CEO Elon Musk

Budrul Chukrut | Lightrocket | Getty Images At midnight on Tuesday, the moderators of the Reddit community r/Gaming decided to go dark. Dac Croach, who goes by username Dacvak, and the subreddit’s other leaders hit the private button, initiating a 48-hour shutdown for the group’s more than 37 million members, along with anyone else who

In this article Follow your favorite stocksCREATE FREE ACCOUNT Huawei is back in the spotlight in Europe after a report suggested Germany may ban some equipment from the Chinese telecommunications giant in its 5G network. Pau Barrena | AFP | Getty Images A top European Union official has called on more EU countries to ban

Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Twitter suspended the accounts of Plainsite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. Plainsite is an online database that makes state and federal court filings and other public records available

Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Sopa Images | Lightrocket | Getty Images LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company’s CEO told CNBC.

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that’s changing,

In this article VOD-GB Follow your favorite stocksCREATE FREE ACCOUNT A sign outside a Vodafone Group Plc mobile phone store in London, U.K. Jason Alden | Bloomberg | Getty Images Vodafone and CK Hutchison, which owns the Three UK mobile network, agreed to merge their U.K. businesses, following talks that have been ongoing since last