Elon Musk and Texas Gov. Greg Abbott break ground on Tesla lithium refinery
Tesla plans to invest $375 million to build the facility on the Gulf coast that will help it secure a domestic supply of lithium hydroxide for batteries.
CNBC Technology
Tesla urged by seven senators to end forced arbitration for workers and customers
Similar to most large companies, Tesla requires workers to sign an arbitration agreement upon employment wherever it is legal to do so.
Alphabet to unveil A.I. updates at Google I/O, showing off creative writing and coding capabilities
Google's hefty investments in artificial intelligence will be on display at its annual developer conference this week.
Bitcoin slides after network congestion leads Binance to briefly halt withdrawals
A recent surge of interest in NFTs on Bitcoin has led to congestion on the network and a pause of user withdrawals by Binance, the biggest crypto exchange.
Institutional interest in crypto is 'maturing,' says Cantor Fitzgerald's Han
It may look and feel like crypto has lost its shine for institutional investors, but their interest may be maturing, Cantor Fitzgerald's Elliot Han says.
House Judiciary chair threatens to hold Google in contempt of Congress for failing to produce subpoenaed documents
Jordan had subpoenaed the CEOs of Alphabet, Amazon, Apple, Meta and Microsoft in February, demanding they hand over communication with the U.S. government.
Coinbase CEO says SEC is on 'lone crusade,' dials back on suggestion exchange may relocate
Brian Armstrong, Coinbase's CEO, said the SEC is on "a lone crusade" with Chair Gary Gensler taking a "more anti-crypto view."
Ripple will have spent $200 million fighting SEC lawsuit, CEO says
Ripple will have spent $200 million by the time its legal battle with the U.S. Securities and Exchange Commission is over, CEO Brad Garlinghouse said Monday.
'A very problematic market': As Arm shuns London, tech investors question UK as an IPO destination
British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.
Threat of TikTok ban has creators scrambling to build followings on Instagram, YouTube
As U.S. lawmakers threaten a nationwide TikTok ban, creators are worried about what that would mean for their livelihood.
Ether rallies 5% as meme mania tries to reenter the crypto market
A surge in popularity of crypto's newest memecoins helped drive transactions on the Ethereum network.
Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
The jump in interest rates coupled with the regional banking crisis has presented a big opportunity for fintechs to provide high-yield products.
Lyft shares plunge 15% on weak second-quarter guidance
Lyft reported better-than-expected revenue for the first quarter, but the company's guidance spooked investors
AMD jumps on report Microsoft is collaborating on A.I. chip push
Unlike top U.S. cloud competitors Amazon and Google, Microsoft hasn't launched a chip that developers can use to train artificial-intelligence models.
OpenAI changed its plans and won't train on customer data, Sam Altman says
The ChatGPT creator quietly changed its terms of use in March to opt API customers out of the training, but most people will still have their inputs collected.
Apple posts record quarter in India; analyst says Cook eyes market to be bigger than China
Apple has positioned India as a key market for iPhone sales as well as manufacturing as it looks to reduce its reliance on China.
Tesla hikes price of high-end Model S and Model X in China by roughly $2,750
Tesla raised the prices by 19,000 Chinese yuan ($2,749) across all versions of the Model S and Model X cars.
Tech giant PDD Holdings, parent of Pinduoduo and Temu, moves headquarters from China to Ireland
PDD Holdings' move perhaps signals the Chinese tech giant's attempt to boost its international presence with U.S. shopping app Temu.
Samsung union threatens first strike in company's history as pressure mounts after profit plunge
Samsung is facing a testing time after its operating profit in the first quarter plunged to its lowest level since 2009 on weak memory chip demand.
CEO Tim Cook says layoffs are a 'last resort' and not something Apple is considering right now
Apple doesn't have plans for big layoffs, CEO Tim Cook told CNBC while discussing the company's earnings on Thursday.
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