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A driver rides hands-free in a Tesla Motors Inc. Model S vehicle equipped with Autopilot hardware and software in New York. Christopher Goodney | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) is investigating a “violent” crash that involved a Tesla sedan and a tractor trailer late last week in Detroit. Investigators

DigitalOcean CEO Yancey Spruill, left, speaks at the Web Summit in Lisbon, Portugal, on Nov. 6, 2019. Sam Barnes | Sportsfile for Web Summit | Getty Images The market for cloud-computing infrastructure to power applications has grown immensely since Amazon introduced its first cloud services in 2006, but U.S. investors haven’t had a great way

Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Electric carmaker Xpeng Motors has got a new round of investment from the government of the southern Chinese province of Guangdong. The 500 million yuan ($76.9

Brandi Susewitz founded Clear Office, a website that lists and sells high-end furniture leftover from office buildings. Brandi Susewitz When Oracle announced plans to move its corporate headquarters from Silicon Valley to Texas, it needed to clear out multiple floors of furniture sitting inside its office. Instead of putting it in a landfill, the company

Times Square in New York City. Angela Weiss | AFP | Getty Images This time last year, The Trade Desk CEO Jeff Green watched as advertisers started to pause every campaign they could.  The ad tech executive said in the early days of the pandemic, digital advertising was at a disadvantage. It was easier for

Zoom In IconArrows pointing outwards 2021 is a crucial year for sports betting sites like DraftKings and FanDuel. Nineteen states will decide whether to legalize sports betting this year, either through voter referendum or state legislature statute. If every state votes yes, that would more than double the amount of states that have legalized —

CNBC Apple on Friday said that it is discontinuing the original HomePod smart speaker and will instead focus on the smaller, more affordable and newer HomePod mini. The original HomePod was launched in 2018 but never quite grabbed the mass market the way competing products like the Amazon Echo or Google Home smart speakers did.

Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon CEO Jeff Bezos has declined a request to discuss issues around income inequality before the Senate Budget Committee, the company confirmed to CNBC. Sen. Bernie Sanders, a Vermont independent and chairman of the Senate Budget Committee, had invited Bezos to appear in front of the

Facebook CEO Mark Zuckerberg. Andrew Caballero-Reynolds | AFP | Getty Images For the past few weeks, Facebook has been running an ad campaign in defense of personalized advertisements, arguing that targeted ads are key to the success of small businesses. The catalyst for the campaign has been an ongoing battle between the social media company

Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images Netflix has never made a big deal about password-sharing, but a new test suggests the company may be reconsidering. Netflix is trying out

David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Ian Tuttle | Getty Images Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company’s founder

Roblox, the kids gaming app that surged in popularity during the pandemic, started trading Wednesday at $64.50 on the New York Stock Exchange, giving the company a market cap of $35.5 billion. Roblox went public through a direct listing, following the lead of other tech companies like Spotify, Slack and Palantir. Instead of raising fresh

Bad Business on Roblox Bad Business Ethan Gawronski was about 10 years old when he discovered Roblox. He dove into its games, mostly to socialize with other kids. Now, at age 20, Gawronski has his own Roblox game that he works on full time with his girlfriend, Elle Deppe. The couple, who met on the

Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images U.S. tech stocks jumped Tuesday after bond yields declined, helping to drive Tesla as much 20% higher in mid-day trading, nearly wiping out five straight

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin’s value surpassed $1 trillion on Tuesday as the price of the cryptocurrency jumped. The digital coin’s price rose on Tuesday and

Minnie Mouse during the new Magic Happens Parade on Main Street U.S.A. inside Disneyland in Anaheim, CA, on Thursday, Feb 27, 2020. Jeff Gritchen | Orange County Register | Getty Images Shares of Disney rose as much as 5% in late-day trading Monday after California provided new guidance allowing amusement parks to reopen in the

The interface of the app Meitu is displayed on a mobile phone in Yichang, central China’s Hubei province, Feb 22, 2021. Costfoto | Barcroft Media | Getty Images Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and ether, becoming the latest firm to buy cryptocurrencies. The Hong Kong-listed company said

Experts agree that lowering our carbon emissions is no longer enough. In a 2018 report, the Intergovernmental Panel on Climate Change said that, if we are to limit global warming to 1.5 degrees Celsius and avoid the worst effects of climate change, we need to actually remove between 100 to 1,000 gigatons of carbon dioxide from

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. The Twitter CEO shared a

Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., speaks during the opening keynote of the 2019 DreamForce conference in San Francisco on Nov. 19, 2019. Salesforce.com Inc.s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests

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 Shares in Tesla were down as much as 8% Friday morning. They’ve since recovered to finish down less than 2% as markets showed a dramatic bounceback late on Friday, but

Dr. Seuss’ never-before-published book, “What Pet Should I Get?” is seen on display on the day it is released for sale at the Books and Books store on July 28, 2015 in Coral Gables, United States. Joe Raedle | Getty Images Books by Dr. Seuss have flooded Amazon‘s U.S. bestseller list after it was announced

Integrated circuits on a circuit board. filonmar | E+ | Getty Images Li said China’s research and development spending will increase by more than 7% per year between 2021 and 2025. R&D will account for a higher percentage of gross domestic product (GDP) than in the previous 5 years. He did not give details on

Tampa Bay Buccaneers Tight End Rob Gronkowski (87) celebrates after scoring a touchdown in the first quarter during Super Bowl LV between the Kansas City Chiefs and the Tampa Bay Buccaneers on February 07, 2021, at Raymond James Stadium in Tampa, FL. Cliff Welch | Icon Sportswire | Getty Images Amazon has its eyes set

Satya Nadella, chief executive officer of Microsoft Corp., speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft CEO Satya Nadella is not the type of executive to boast and put down rivals. He’s

Facebook’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Facebook said Tuesday it’s resuming political, electoral and social issue ads on Thursday after a temporary ban put in place after the November 2020 U.S. presidential election. The company said in October it would be halting political advertising for an indefinite

The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Lyft is seeing a recovery in ridesharing sooner than it had expected. In a filing with the SEC Tuesday, the company said that improving trends will

The Microsoft Mesh service provides a way for developers to add collaborative features such as video calling and hologram sharing to augmented-reality applications. Microsoft Microsoft on Tuesday announced Mesh, a service to build apps for people to collaborate in augmented reality. Augmented reality (AR) shows computer-generated images superimposed over the real world, and nearly all

When French telecommunications company Altice acquired U.S. cable companies Cablevision and Suddenlink, Chairman Patrick Drahi made a bold statement: Altice USA would rival Comcast and Charter in size, becoming one of the three dominant U.S. cable operators. Fast forward nearly six years, and Altice USA has about 5 million customer relationships, compared with about 31

iPhone 12 Mini and iPhone 12 Pro Max Todd Haselton | CNBC Apple is preparing four new iPhones for release in the second half of this year that resemble the current lineup of iPhone 12 models, TFI Securities analyst Ming-Chi Kuo predicted in a note to investors on Monday. The 2021 iPhones could include a