Tech

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

Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon CEO Jeff Bezos this week has sold more than $3 billion worth of shares in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider. Bezos has accelerated his stock sales in the last year. In August, Bezos offloaded more than

Facebook CEO Mark Zuckerberg in 2017. KENZO TRIBOUILLARD Shares of the major tech-related companies jumped early Wednesday as investors flocked toward Microsoft and the FAANG family, comprised of Facebook, Apple, Amazon, Netflix and Google parent company Alphabet, while the U.S. waited for a clear presidential winner. Facebook stock was the biggest winner of the morning,

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in Tokyo, Japan, on Wednesday, July 3, 2019. Akio | Bloomberg | Getty Images California voters decided Tuesday that Uber and Lyft should be exempt from state labor law that aimed to make its drivers employees rather than contractors, according to projections

CNBC; Getty Images AT&T is in discussions with private-equity firms, including Apollo Management, to sell a significant minority stake in its DirecTV, AT&T Now and U-Verse pay-TV businesses in a complicated transaction that would shift legacy assets off the wireless carrier’s balance sheet, according to people familiar with the matter. Under the terms of the

Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images A federal judge on Monday dismissed a lawsuit against Amazon that accused the company of

Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy. Jacopo Raule | Getty Images Tech executives, rich from an 11-year bull market that’s disproportionately benefited their industry, were among the top political donors in the 2020 cycle. The

Tim Cook, CEO of Apple Inc. Apple Inc. Apple announced on Monday an event for Nov. 10 where it’s expected to announce new Macs. The launch event will begin at 10 a.m. PT and will be livestreamed on Apple’s website. The tagline on the invites on Monday was “One More Thing” and Apple says it

SINGAPORE — For Hong Kong’s financial technology ecosystem to grow further, the city needs more measures in the areas of funding, talent and regulation, according to a top official from the Chinese city. Compared to other technologies, fintech is the equivalent of a new industrial revolution and it can be potentially used as a lever

The last couple of months can only be described as a roller coaster ride for battery-electric and hydrogen-powered semi trucker maker, Nikola. On June 9, just a few days after it went public through a SPAC, Nikola’s market cap briefly surpassed that of Ford, making its founder, Trevor Milton, a billionaire in the process. For a

CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain. Juan Naharro Gimenez | Getty Images Netflix announced Thursday it will raise prices for U.S. customers. Don’t be surprised if you’re reading the same

The logos of Amazon, Apple, Facebook and Google in a combination photo. Reuters Tech companies had more to report Thursday night than the billions in profits they generated last quarter. They also painted a dire picture of the world as we head into the winter months with Covid-19 cases spiking across the U.S. and Europe,

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Four years ago, Facebook CEO Mark Zuckerberg called it “a pretty crazy idea” that fake news on Facebook could have influenced the election that handed Donald Trump the presidency.  Today, the idea

Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google Cloud CEO Thomas Kurian told employees Friday that it received confirmation from the U.S. Customs and Border Patrol that its technology won’t be used for immigration

A man shows AirPods Pro at an Apple store on East Nanjing Road on October 30, 2019 in Shanghai, China. Apple’s new AirPods Pro with active noise cancellation are on sale on October 30 in China. Wang Gang | VCG | Getty Images Apple said on Friday that it’s replacing AirPods Pro headphones that have

Some technology stocks that have staged big gains because of the coronavirus pandemic got a little less expensive this week. The wider markets declined this week, with the S&P 500 ending the week 5.6% lower, as virus case numbers shot up again, causing lockdowns in France and Germany. Usually new virus concerns would benefit the

Netflix on Thursday raised the prices of its standard and premium plans to $13.99 and $17.99 per month, respectively. Prior to Thursday, those plans were priced at $12.99 and $15.00, respectively. Current Netflix customers will see the updated prices on their bill over the next two months, Netflix told CNBC. Customers will get a warning

Apple CEO Tim Cook reveals the new iPhone 12. Source Apple reported earnings on Thursday and investors did not like the results. Apple stock dropped as much 5% in extended trading even though the company beat Wall Street expectations for both profit and revenue. The drop was likely because iPhone revenue came in at $26.4

BERLIN, GERMANY – April 09: Federal Minister of Finance Olaf Scholz, SPD, makes a press statement before a video conference of the Euro Group on April 09, 2020 in Berlin, Germany. Thomas Imo LONDON — Germany will soon unveil new legislation on employee stock options within days, a government official said Thursday, in a bid

A man walks past the logo of Japans Sony displayed at the company’s showroom in Tokyo on October 28, 2020. KAZUHIRO NOGI | AFP via Getty Images SINGAPORE — Shares of Sony surged in Tokyo on Thursday, a day after the Japanese electronics giant raised its annual profit forecast. Sony shares in Japan were up

Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Chesnot | Getty Images Facebook CEO Mark Zuckerberg is giving all U.S. employees the entire week of Thanksgiving off, according to an internal message he sent on

Amazon CEO Jeff Bezos Alex Wong | Getty Images LONDON — Amazon announced Wednesday that it has launched its first Nordic online store in Sweden as the e-commerce giant looks to expand further across the European continent.  Citizens in Sweden will now be able to order products through Amazon.se instead of having to make purchases

President Donald Trump holds a campaign rally at HoverTech International in Allentown, Pennsylvania, October 26, 2020. Saul Loeb | AFP | Getty Images Though Election Day is a week away, President Donald Trump’s campaign appears to have a victory ad ready to go on Facebook. A video in the ad shows the president’s face superimposed

Facebook founder and CEO Mark Zuckerberg in 2013. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Political advertisers say they’re having trouble with ads that were already approved before Facebook began its planned blackout period for new political ads leading up to the election.  Facebook announced last month that it would not accept

A man is reflected in a sign outside of the JPMorgan Chase headquarters in New York City. Getty Images After years of hype with little to show for it, blockchain technology is on the cusp of a breakthrough: Making money in actual business applications. At JPMorgan Chase, the firm’s digital currency JPM Coin is being

A driver and passenger wear face masks as Uber and Lyft drivers with Rideshare Drivers United and the Transport Workers Union of America conduct a ‘caravan protest’ outside the California Labor Commissioner’s office amidst the coronavirus pandemic on April 16, 2020 in Los Angeles, California. Mario Tama | Getty Images With just over a week

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla paid CEO Elon Musk $3 million personally for 90 days worth of an important type of business insurance

The Ant Group logo and the Alibaba Group logo are displayed at the company’s headquarters in Hangzhou, China. Qilai Shen | Bloomberg | Getty Images Ant Group will raise $34.5 billion in its dual initial public offering (IPO) after setting the price for its shares on Monday, making it the biggest listing of all time.

Sundar Pichai, senior vice president for Chrome at Google Inc., holds up a new Chromebook Pixel as he speaks during a launch event in San Francisco, California, U.S., on Thursday, Feb. 21, 2013. Google Inc., owner of the world’s most popular search engine, debuted a touchscreen version of the Chromebook laptop, stepping up its challenge

Foundem creators Shivaun and Adam Raff stand outside of the European Court of Justice for Google’s appeal hearing in its competition case in 2020. Shivaun Raff When Shivaun Raff began speaking with European regulators about her complaints of Google’s exclusionary conduct over a decade ago, she seemed to stand more or less alone. “Where is

Grocery store workers and others stage a protest rally outside the Whole Foods Market, in the South End of Boston, to demand personal protective equipment, added benefits if needed and hazard pay, during the coronavirus pandemic on Apr. 7, 2020. Pat Greenhouse | Boston Globe | Getty Images Amazon warehouse workers have a long history

Josephine Flood | CNBC There’s a quiet consensus emerging in the hallways and boardrooms of American media companies. They expect about 25 million U.S. households to cancel their pay-TV subscriptions over the next five years. This is on top of the 25 million homes that have already cut the cord since 2012. At least three

A customer holds new smartphones at a re:Store shop in Petrovka Street, where iPhone 12 and iPhone 12 Pro have gone on sale. Alexander Shcherbak | TASS | Getty Images Apple’s iPhone 12 and iPhone 12 Pro were released on Friday. That means they’re now available for in-store pickup or will be arriving to customers

A Tesla Model S (L) and Model X are displayed at a shopping mall in Hong Kong on March 10, 2019. Vivek Prakash | AFP | Getty Images Tesla is recalling 48,442 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over potentially

Customers at the Apple Store in George Street look at the new iPhone 12 on sale on October 23, 2020 in Sydney, Australia. James D. Morgan | Getty Images Your new iPhone 12 doesn’t come with a wall plug in the box. Yes, that’s annoying. And yes, that means you’ll need to drop $19 on

SDI Productions | E+ | Getty Images A new report from Forrester Research predicts consumers will get more emails, texts and push notifications than ever before in 2021 as brands try to develop more direct relationships with customers amid the pandemic and economic fallout. Forrester’s “Predictions 2021: B2C Marketing” report forecasts that marketing message volume

Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Lawyers who prosecuted Microsoft over alleged antitrust violations in the late 1990s saw some familiar tactics in the Justice Department’s complaint against Google filed Tuesday. But it’s far from a

Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images Intel shares fell 10% in extended trading on Thursday after the company reported fiscal third-quarter earnings that were stronger than analysts

GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead.

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings

2020 iPad Air Todd Haselton | CNBC I’ve been testing Apple‘s new iPad Air for the past several days. Its new design is an awful lot like my iPad Pro, which I spent more than $1,000 on a couple of years ago. But it starts at $599, a considerable discount from Apple’s Pro models and

iPhone 12 Pro and iPhone 12. Todd Haselton | CNBC I’ve been testing Apple’s new $799 iPhone 12 and $999 iPhone 12 Pro for almost a week. They support newer and faster 5G networks and have better cameras, great screens and an updated design. Most people should choose the iPhone 12. Buy the iPhone 12

Ted Sarandos attends the Ted Sarandos panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Ernesto S. Ruscio | Getty Images It wasn’t Netflix‘s finest quarter, but if you’re a long-term Netflix believer, you’ve got reason to smile. The streaming video giant reported 300,000 fewer global net

U.S. Attorney General William Barr delivers opening remarks at a summit on “Combating Anti-Semitism” at the Justice Department in Washington, July 15, 2019. Erin Scott | Reuters The Department of Justice will file its antitrust lawsuit against Google Tuesday, which will reportedly focus on the tech giant’s dominance in online search. Eleven Republican state attorneys

Apple’s launch promotional material of the New iPhone12 Pro seen displayed on a mobile phone screen with an Apple logo in the background. Pavlo Gonchar | LightRocket | Getty Images GUANGZHOU, China — Chinese consumers have taken a liking to Apple’s new iPhone 12 and iPhone 12 Pro, according to data provided to CNBC. The

Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares of IBM fell slightly in extended trading on Monday after the company released third-quarter earnings

Tim Cook announces Apple iPhone 12 5G Source: Apple Inc. Apple sold more iPhone 12 models in the first 24 hours of pre-orders last week than iPhone 11 models sold in the same period last year, according to top Apple analyst Ming-Chi Kuo of TF International securities. In a research note released Monday, Kuo reported

The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — Ant Group has won approval from the Chinese securities regulator for the Hong Kong leg