Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including
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New York City Mayor Eric Adams speaks to attendees while they take part in the New York Democrats for Election Night Watch Party with Governor Kathy Hochul and Lieutenant Governor Antonio Delgado during New York primary election 2022 in New York, U.S., June 28, 2022. Eduardo Munoz | Reuters At a private dinner Wednesday at
In this article UBER TWTR Uber on Thursday said it is investigating a cybersecurity incident following reports that the ride-hailing company had been hacked. “We are currently responding to a cybersecurity incident,” Uber said in a statement on Twitter. “We are in touch with law enforcement and will post additional updates here as they become
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Facebook hasn’t been this cheap since the beginning of the pandemic. After plunging 14% for the week to close at $146.29, shares of Facebook parent Meta are at their lowest point since March
FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of
In this article AAPL Apple Watch Series 8 and SE (second generation). Sofia Pitt I’ve been testing the new Apple Watch Series 8 and Apple Watch SE second generation ahead of their release Friday. If you already have an Apple Watch, the $399 Series 8 doesn’t have enough new features to justify an upgrade. Most
In this article ADBE Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20 billion acquisition of Figma on Thursday is what some might call a narrative
Karina Frayter | CNBC In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Tumblr — the short form, multi-media blogging platform, that in many ways defined the online sensibilities of a coming-of-age generation — turned 15 this year. Despite recent years of waning users
In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla CEO Elon Musk enacted a strict return-to-office policy this spring, informing employees suddenly by email on May 31 that they would need to “spend a minimum of forty
Amazon is paring back its warehouse footprint across the country after it aggressively added more buildings to its network to meet a pandemic-driven surge in e-commerce demand. The retail giant has closed or canceled 44 facilities and delayed the opening of 25 sites as of this week, according to MWPVL International, a supply chain and
Do Kwon, co-founder and chief executive officer of Terraform Labs, poses in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Woohae Cho | Bloomberg | Getty Images A South Korean court on Wednesday issued an arrest warrant for Terraform founder Do Kwon, Reuters reported, citing a spokesperson for the prosecutors. It
A trader works at the New York Stock Exchange NYSE in New York, on Aug. 26, 2022. Xinhua News Agency | Getty Images The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The consumer price index was up 0.1%
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon‘s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. Heather MacDougall, who joined Amazon
In this article AAPL AAPL Apple iOS 16 Source: Apple Apple released its big new iOS 16 software update for iPhones on Monday. It has lots of new features and is available to anyone with an iPhone 8 or newer. Apple releases big software updates every year to help keep the iPhone fresh. And, unlike Google’s
In this article TWTR Jakub Porzycki | Nurphoto | Getty Images Twitter said Monday that payments to a whistleblower did not breach any of its obligations under the $44 billion acquisition proposed by Elon Musk, after the billionaire sent a third letter to try to call off the deal. The social media giant said it
Deepak Ahuja joined Zipline as Chief Business and Financial Officer in 2022. Courtesy Zipline Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s chief business officer and CFO, Zipline announced Friday. Zipline is a Silicon Valley-based robotics company that delivers supplies to hard-to-reach areas using drones. It initially focused on medical
In this article AAPL Sofia Pitt, CNBC When Apple held its annual launch event for the iPhone 13 in 2021, it started with a joyful video featuring jazz dancers celebrating the natural beauty of California (which can be captured with an iPhone camera, of course). The tone of Apple’s iPhone 14 launch this week was
In this article ETH.CM= BTC.CM= Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged on Friday breaking back above the $20,000 mark as the U.S. dollar weakened
The Amazon Spheres in Seattle Washington on Sept. 20th, 2018. Todd Haselton | CNBC Amazon is preparing to cut more than 150 jobs as it winds down its telehealth offering known as Amazon Care, according to filings submitted in Washington state. Amazon said 159 employees will be laid off from Amazon Care, based on Worker
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company
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