Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Tesla’s share price is now directly linked to the price of bitcoin after Elon Musk’s company invested $1.5 billion
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GUANGZHOU, China — In mid-2019, Huawei launched its own operating system — HarmonyOS — in response to U.S. actions that cut it off from Google software. It was the Chinese technology giant’s most ambitious mobile software push, one it hoped would help its handset business to survive. On Monday, Huawei announced that HarmonyOS would begin
Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Shares of Tesla closed down 8.55% on Monday, as investors betting on a pandemic comeback rotated out Big Tech and piled into cyclical stocks. It’s
iPhone 12 Mini and iPhone 12 Pro Max. Todd Haselton | CNBC Apple shipped more smartphones in the fourth quarter of 2020 than any other company, according market research firm Gartner. Apple shipped nearly 80 million units in the quarter, surpassing all other smartphone makers including Samsung. It’s the first time Apple has been on
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, analyst
Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.” Disney Disney‘s “WandaVision” is so powerful and popular, it appeared to take down the company’s streaming service on Friday. Disney+ experienced a brief outage early Friday morning, around the same time the latest episode of “WandaVision” premiered, according to Downdetector, a
The Google campus in Mountain View includes over 20 dining options that encourage a communal experience with group tables. Brooks Kraft LLC | Corbis | Getty Images In 2017, Lauren Clayton joined the inaugural class of Howard West, Google‘s on-campus immersion program for Black college students. She became a star scholar whose big smile would
Anthony Wood David Orrell | CNBC Roku CEO Anthony Wood has sold more than $270 million worth of shares in the company so far this year — that’s more in the first seven weeks of the year than he sold in all of 2020, according to securities filings. All sales were conducted under a pre-determined trading
A United Parcel Service Inc. (UPS) driver delivers boxes in New York, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty Images U.S. e-commerce sales in 2020 grew more than 30% from 2019, according to quarterly figures released by the U.S. Department of Commerce on Friday, as the coronavirus pandemic and nationwide lockdowns
Tim Cook (left) and Steve Jobs in 2010. Kimberly White | Getty Images In 2007, Apple unveiled the iPhone. Apple didn’t invent the smartphone — companies like Palm and Blackberry had been selling them for years. But the iPhone introduced a totally new way to interact with computers. The always-on internet connectivity, finger-friendly touch screen, and
Australia Prime Minister Scott Morrison. David Mariuz | Pool | Getty Images Facebook users in Australia are slowly coming to terms with the fact that they’ll no longer be able to get their daily news updates on the platform. In a snap decision announced Wednesday, the social media giant said it was no longer going
New York Giants wide receiver Sterling Shepard (87) catches a pass in front of Pittsburgh Steelers strong safety Terrell Edmunds (34) and linebacker Devin Bush (55) during the first half at MetLife Stadium. Vincent Carchietta | USA TODAY Sports The National Football League wants to charge its current network partners double what they’ve been paying
A driver uses the Uber app to drop off a passenger in London. Chris J. Ratcliffe | Bloomberg via Getty Images LONDON — Uber lost a crucial legal fight in the U.K. on Friday, as the country’s Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors. The
A person using the Uber app in London. Peter Summers | Getty Images LONDON — Uber’s troubles in the U.K. aren’t over, despite winning back its license to operate London. The ride-hailing firm is awaiting a major ruling from the country’s top court on whether its drivers should be classified as employees rather than independent
Combination of Mark Zuckerberg, CEO of Facebook, Jack Dorsey, CEO of Twitter and Sundar Pichai, CEO of Google. Reuters The CEOs of several big tech companies will again testify before Congress next month, this time to discuss misinformation on their platforms. Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Twitter CEO Jack Dorsey will
Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Facebook banned a large swathe of non-news pages in Australia in its attempt to remove news content from its platform. The bans were made by Facebook in response to a drafted new media law in the country that will require online platforms like Google and
Steve Huffman CEO, Reddit, delivers remarks on ‘Redesigning Reddit’ during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | Getty Images Reddit CEO Steve Huffman will tell members of Congress on Thursday that no significant activity on the company’s online community WallStreetBets last
Amazon.com boxes are shown stacked near a Boeing 767 Amazon “Prime Air” cargo plane on display in a Boeing hangar in Seattle. Ted S. Warren | AP Amazon‘s aircraft fleet is on pace to have doubled in size between May 2020 and June of this year, laying further groundwork for Amazon Air to rival the
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Elizabeth Holmes’ attorneys strongly pushed back against the government’s attempts to detail her extravagant lifestyle
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes. Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%. The 49-year-old
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