China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+
Ant introduced Alipay+ in 2020, allowing foreigners to use certain mobile payment apps from their home countries to scan Alipay QR codes to pay in China.
CNBC Technology
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.
Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions
Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.
Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four months
Binance founder Changpeng Zhao expected to see his $33 billion personal fortune continue to climb while he's in prison.
AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industry
AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.
Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit
Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing
Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.
Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.
Block shares jump on better-than-expected first-quarter results
Block's earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company's compliance practices.
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.
Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas
The bill seeks to regulate productivity quotas used by warehouse employers, including Amazon.
Taylor Swift and Drake's label UMG strikes new licensing deal with TikTok to end spat
In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.
Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ
The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release.
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.
Shares of Nio soar more than 20% as EV deliveries more than double in April
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.
Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia
The U.S. tech giant said it will also commit toward AI skills training for over 100,000 Thais and support local developers.
Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says
The funds will also go toward training 840,000 Indonesians in AI skills and supporting the local community of developers.
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO Andy Jassy broke labor law.
Masimo's billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight
Masimo has allowed founder Joe Kiani to pledge more than half his $660 million stake in the company as collateral for personal loans.
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