In this article GOOGL MSFT AMZN AAPL FB Gwyn Photography | Digital Vision | Getty Images The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there’s everybody else. Alphabet, Amazon, Apple, Facebook and Microsoft all reported March-quarter earnings this week, and some of
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In this article AAPL SPOT LONDON — Apple is breaching European competition rules by the way it distributes music streaming apps through its App Store, the European Commission said Friday. “The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position
In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting: Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
In this article CMCSA NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast is set to report first-quarter results before-the-bell on Thursday. Here are the key numbers: Earnings per share: 59 cents expected in a Refinitiv survey of analysts Revenue: $26.7 billion per Refinitiv High-speed internet
Tim Cook, CEO of Apple, speaks during an Apple Event on April 20th, 2021. Source: Apple Inc. Apple reports its second fiscal quarter earnings on Wednesday after markets close. Here’s what Wall Street expects, per Refinitiv consensus estimates: Earnings: 99 cents per share Revenue: $77.36 billion The company is coming off of its biggest quarter
Susan Wojcicki, CEO, YouTube speaking at #VidCon, July 23, 2015. Harriet Taylor | CNBC Google’s YouTube is already the world’s largest online video platform. If continues growing the way it has the last several quarters, it could also match Netflix in revenues by year’s end. In its first-quarter earnings report Tuesday, Google parent company Alphabet
Pinterest CEO Ben Silbermann speaks in conversation with Matthew Lynley of TechCrunch during the TechCrunch Disrupt SF 2017 on September 18, 2017 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Shares of Pinterest dropped more than 10% in after-hours trading on Tuesday after the company reported its first-quarter earnings, in
In this article TSLA 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 reported first-quarter results on Monday, including a record quarterly net profit of $438 million
In this article TSLA CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Tesla is slated to report first-quarter earnings after the bell on Monday. Here’s what analysts are expecting, according to estimates compiled by Refinitiv: Earnings: 79
SINGAPORE — Southeast Asia’s tech giants could buy up start-ups using funds they gain when they go public, according to a managing partner of an early-stage venture capital firm. “They’re basically going to gobble up a number of start-ups,” Vinnie Lauria of Golden Gate Ventures told CNBC’s “Street Signs Asia” on Friday. He said likely
In this article GOOGL Yichuan Cao | NurPhoto | Getty Images Google‘s recently promoted Search boss Prabhakar Raghavan made $55.25 million last year, according to the company’s annual proxy filing with the U.S. Securities and Exchange Commission. That amount takes into account his 2020 fiscal year salary of $655,000, stock awards amounting to $54.58 million
In this article VIAC CMCSA NFLX GTN TGNA SBGI SSP NXST EW Scripps CEO Adam Symson Source: EW Scripps The technology behind the distribution of television has evolved with time, from the antenna to cable to satellite, and most recently to streaming. Now, according to EW Scripps Chief Executive Officer Adam Symson, the time has
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Elon Musk will host NBC’s “Saturday Night Live” for the first time on May 8, the long-running sketch comedy show announced over
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon is quietly rolling out a way for some brands on its site to engage with shoppers, in a move that represents a departure from its historically tight controls over customer data. Last week, Amazon began
A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen. Thodex, a crypto firm based in Turkey, said its platform
In this article ANTM An employee walks through the campus of the Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Jan. 20, 2021. Qilai Shen | Bloomberg via Getty Images Months after the sudden suspension of Ant Group’s highly-anticipated dual listing, China’s financial technology companies are facing difficulties trying to go public in the
In this article AAPL Apple AirTag Todd Haselton | Apple Apple announced its new AirTag item trackers on Tuesday. Apple sent me several to try out, so I’ll show you what they’re like. The $29 AirTag ($99 for a pack of four) is a tiny metal tracker that you can attach to a keychain, drop
In this article AAPL Apple Airtag Source: Apple Inc. On Tuesday, Apple announced a long-awaited gadget called AirTag. Users can attach the $29 coin-sized device to valuables like keys or a backpack, then locate it on a live map inside Apple’s built-in Find My software. AirTag competes with a number of other products on the
Co-founder and CEO of UiPath Daniel Dines speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin on December 12, 2019 in Berlin, Germany. Noam Galai | Getty Images UiPath rose 17% in the company’s stock market debut on Wednesday after the software vendor and its investors reeled in $1.34 billion in the company’s
In this article ATAI-MY Peter Thiel, co-founder of PayPal Inc. VCG | Getty Images ATAI Life Sciences, a biopharmaceutical company aiming to make psychedelic drugs to treat mental health disorders, announced that it is planning to raise $100 million in an initial public offering. The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one
In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the first quarter of 2021 after the bell on Tuesday.
In this article FB Facebook wanted to revolutionize finance with a global digital currency — then came the regulators. First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro. But after
In this article TSLA Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters On Monday, the National Highway Traffic Safety Administration said it “immediately” launched another investigation into Tesla following a fatal crash in Spring, Texas over the weekend.
In this article TWTR TSLA FB Clubhouse Drop-in audio chat app logo on the App Store is seen displayed on a phone screen in this illustration photo taken in Poland on February 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Audio app Clubhouse was all the rage earlier this year, but there are signs
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York. Lucas Jackson | Reuters Two men died in a Tesla crash in Spring, Texas on Saturday night, and apparently nobody was behind the wheel, according to local police interviewed by reporter Deven Clarke at NBC affiliate KPRC 2.
Peloton Co-Founder and CEO John Foley speaks during the TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco. Kimberly White | Getty Images The U.S. Consumer Product Safety Commission on Saturday said consumers should stop using the Tread+ treadmill from exercise equipment maker Peloton if small children or pets are
In this article DOGE.CM= A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images Dogecoin started out as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside
In this article AMZN People protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021. Lucy Nicholson | Reuters Amazon last week soundly defeated a union drive at one of its Alabama warehouses, a major win for the e-commerce giant which has long fought unionization attempts
Anthony Casalena, founder and CEO, Squarespace Source: Squarespace Squarespace, which makes software for people to build websites, on Friday filed to go public on the New York Stock Exchange under the symbol “SQSP.” The company is eschewing a traditional initial public offering, where it would issue new shares to institutional investors to raise new capital,
In this article GOOGL Google Earth Google Google Earth received its first big update since 2017 on Thursday. The highlight is a new Timelapse feature that lets you see how much the earth has changed in the past 37 years, and it’s pretty stunning what you can find. With Google Earth Timelapse you can search
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