Technology

In this article TSLA Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and

In this article ETH.CM= BTC.CM= The world’s largest cryptocurrency is down roughly 50% since the start of 2021. CFOTO | Future Publishing | Getty Images Bitcoin broke the $23,000 threshold for the first time in more than a month, as hopes of a rate hike less aggressive than feared from the Federal Reserve triggered a

Bobby Kotick, CEO of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 8, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images A group of software testers at Activision Blizzard have formed the company’s second union in the months before Microsoft is expected to close its

Problems at Celsius appear to have been simmering for years before the crypto lender filed for bankruptcy. The crypto company saw a range of internal missteps leading up to its recent turmoil, according to former employees and internal documents CNBC reviewed. Multiple employees painted a picture of risk-taking, disorganization and alleged market manipulation. “The biggest issue

In this article TWTR Elon Musk may tweet about the Twitter deal but not “disparage the company or any of its representatives,” according to a securities filing. Jakub Porzycki | Nurphoto | Getty Images Elon Musk and Twitter continued sparring on Monday, with the social media company slamming the Tesla CEO’s request for a slower

In this article TWTR “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement

San Francisco Mayor London Breed speaks outside City Hall in San Francisco. Eric Risberg | AP San Francisco Mayor London Breed said her technology-heavy city will have to adjust to the new reality that many workers aren’t coming back to the office. In an interview airing Friday evening on CNBC’s “The News with Shepard Smith,”

In this article TWTR The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition

In this article DIS ESPN Mike Windle | ESPN | Getty Images Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. The increase will kick in on Aug. 23. An annual subscription to ESPN+ will jump

In this article AAPL Chesnot | Getty Images As Apple seeks to bolster its subscription service to compete with Spotify, the company is adding exclusive performances from artists, who will be able to use Apple’s studios to cover classics and recreate their own hits. On Friday, the company introduced Apple Music Sessions, featuring content from

Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Instant Pots and Roombas are typically hot selling items during Amazon‘s Prime Day event. But this year, consumers were more interested in dishwasher pods, diapers

In this article TWTR The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images The Securities and Exchange Commission asked billionaire Elon Musk for more information on a tweet related to his $44 billion acquisition of Twitter that he’s recently tried to call off, a new regulatory

Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to mount on the firm amid a crash in cryptocurrency prices. Stone has alleged, among other things, that Celsius CEO Alex Mashinsky (above) was “able to enrich himself considerably.” Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Crypto

The Lightyear app. Lightyear Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson. Silicon Valley’s Lightspeed Venture Partners led the deal, the company told CNBC exclusively — a rare vote of confidence for an upstart brokerage at a time when

A Tesla Model S car equipped with Autopilot David Paul Morris | Bloomberg | Getty Images Tesla AI and Autopilot leader Andrej Karpathy announced Wednesday that he is no longer working for the electric vehicle maker. Karpathy wrote on Twitter, “It’s been a great pleasure to help Tesla towards its goals over the last 5

In this article TWTR Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion deal to buy the company. Twitter said Musk, after entering a binding

In this article ABM META Harriet Taylor | CNBC Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of job cuts later this month. Meta informed facility management vendor ABM Industries of the cancellation in mid-June, and the cuts will go into effect on July 25,

In this article XPEV 9868-HK XPeng is still focused in boosting the sales of its electric cars. But it has been focusing on building out future businesses in flying cars and robotics. Qilai Shen | Bloomberg | Getty Images XPeng Robotics, the affiliate company of Chinese electric carmaker XPeng, on Tuesday said it raised $100

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Twitter said Monday in a letter that Elon Musk‘s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrongful.” The letter, addressed to Musk’s lawyers, followed the Tesla CEO’s

In this article TWTR TSLA In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Twitter shares sank sharply in early premarket trade Monday after Elon Musk said he is trying to terminate his $44 billion takeover