President of Global Marketing Solutions for Facebook, Carolyn Everson attends the forum titled “Poverty Alleviation & Economic Development” within the One Young World Summit 2017 at Agora Conference & Special Events Center in Bogota, Colombia on October 05, 2017. Lokman Ilhan | Anadolu Agency | Getty Images Grocery delivery app Instacart on Wednesday announced it
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More countries are pushing to produce their own semiconductor chips, which are in short supply globally, because “it’s a matter of national security,” said an analyst at Moody’s. Memory chips are crucial for making a wide range of products. They’re in smartphones, gaming consoles like PlayStation 5, household appliances like fridges and washing machines, alarm
In this article L87A-FF A Li Xiang One hybrid SUV is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 23, 2020 in China. Li Zhihao | Visual China Group | Getty Images GUANGZHOU, China — Chinese electric vehicle start-up Li Auto plans to raise around
In this article FB Founder and CEO of Facebook Mark Zuckerberg speaks at the annual Munich Security Conference on February 15, 2020. Kuhlmann | Munich Security Conference Facebook on Monday announced it will begin requiring all of its employees to wear masks when on its campuses in the U.S., regardless of an employee’s vaccination status.
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Square plans to buy Australian fintech company Afterpay as it looks to expand further into the booming
Jorge Guillen | Twenty20 For years, the IRS has taken a chunk of crypto mining revenue from all U.S. taxpayers. But one company is now trying to help crypto miners shield mining gains from taxes by letting them transact within an individual retirement account, or IRA. But tax experts question whether the arrangement will pass
In this article CMCSA T DISCA VIAC DIS USA’s Sunisa Lee (gold) celebrate son the podium during the medal ceremony of the artistic gymnastics women’s all-around final during the Tokyo 2020 Olympic Games at the Ariake Gymnastics Centre in Tokyo on July 29, 2021. Lionel Bionaventure | AFP | Getty Images If last year’s biggest
Bitcoin miner Zack Pettit skating on his work break at the SCATE Ventures mining facility in Dallesport, Washington. SCATE Ventures Inc. Nick Sears was 17 years old when he helped build a bitcoin mining farm in Dallesport, Washington. He was 18 when he was legally allowed to buy bitcoin for the first time. And now,
In this article AMZN Amazon drivers begin their delivery routes as workers at an Amazon warehouse in Staten Island, New York prepare to walk off their jobs demanding stepped-up protection and pay after several workers at the facility were diagnosed with COVID-19. Paul Hennessy | Barcroft Media | Getty Images Amazon delivery companies around the
In this article AMZN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images LONDON — Amazon has been issued with a fine of 746 million euros ($887 million) by the European Union for breaching the bloc’s data protection laws. The fine, disclosed by Amazon on Friday
In this article AMZN Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon is set to announce its second-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $12.30 per share, according to analysts surveyed by
In this article AAPL A store window in Dublin, Ireland, with iPhones and Samsung Galaxy handsets on display. Artur Widak | NurPhoto | NurPhoto via Getty Images A global shortage of computer chips has impacted everything from automobiles to video game consoles. And smartphones are looking like they’re next on the list. Semiconductors have been
In this article FB CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook is set to report its second-quarter earnings after market close on Wednesday. Here’s what Wall Street is expecting:
People play computer games at an internet cafe in Fuyang, China’s Anhui province. Lu Qijian | Visual China Group | Getty Images LONDON – After decades of the U.S. and Japan dominating the gaming space, China’s influence is growing as its tech giants snap up gaming studios around the world. Now, some experts think video
Apple CEO Tim Cook attends the opening of the new Apple Tower Theater retail store at Apple Tower Theatre on June 24, 2021 in Los Angeles, California. JC Olivera | Getty Images Apple reported a blowout quarter on Tuesday, driven by sales of iPhones, which were up 50% annually to $39.57 billion in sales. That
In this article TSLA Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings
24K-Production | iStock Editorial | Getty Images The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently than losses on stocks and mutual funds, according to
In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned
In this article 6694.T-JP Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company announced it’s IPO priced at $36 per share, at an estimated
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images Electric vehicle start-up Rivian on Friday
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