Semiconductor maker Micron announces 10% staff reduction, suspends bonuses
Micron said it would hit its reduction target through voluntary departures as well as layoffs.
CNBC Technology
I drove hundreds of miles 'hands-free' in GM, Ford and Tesla cars – here's how it went
CNBC's Michael Wayland recently tested "hands-free" systems from Tesla, GM and Ford. Theirs are among the most readily available and dynamic on the market.
Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy — but plans to keep mining
Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy protection.
FTX founder Sam Bankman-Fried will fly from Bahamas to U.S. Wednesday to face criminal charges
Sam Bankman-Fried is set to return to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
Cryptocurrencies could cause the next financial crisis, Indian central bank head warns
Shaktikanta Das, governor of the Reserve Bank of India, said his main concern is that cryptocurrencies do not have any underlying value.
Elon Musk tries to explain why Tesla shares are tanking
As Tesla shares sank 8% on Tuesday, reaching a new 52-week low, CEO Elon Musk tried to blame macroeconomic factors.
NFL nearing rights deal with Google's YouTube TV for Sunday Ticket game package
The National Football League is working on a deal to partner with Google's YouTube TV for Sunday Ticket rights.
Elon Musk actively searching for a new Twitter CEO, sources say
Twitter owner and CEO Elon Musk is searching for a new CEO of the company, sources told CNBC's David Faber.
Bill Gates: 'Our grandchildren will grow up in a world that is dramatically worse off' if we don't fix climate change
In a letter published Tuesday on his personal blog, Bill Gates addresses areas he has been focusing on in the past year and what lies ahead.
Amazon avoids multibillion-dollar fine as it reaches EU antitrust settlement
Amazon made a series of commitments to address allegations from the European Union that the company was using independent sellers' data to its advantage.
Workday names Sequoia's Carl Eschenbach as co-CEO, alongside Aneel Bhusri
Workday named Carl Eschenbach, who has spent almost seven years at Sequoia Capital, as its new co-CEO, replacing Chano Fernandez.
Apple will reportedly begin producing some MacBooks in Vietnam in 2023 as it shifts from China
Apple will begin producing some of its MacBook computers in Vietnam next year, according to a Nikkei Asia report Tuesday.
Face recognition tech gets Girl Scout mom booted from Rockettes show — due to where she works
The legislation funds the government through next fall, authorizes fresh U.S. aid to Ukraine and rewrites the 1887 Electoral Count Act.
How disrupting the used car market caused Carvana to succeed and stumble
In August 2021, pandemic-related factors propelled Carvana's business to new heights. But the company had since struggled and its future is now in question.
From recovery to regulation: How China's tech giants could fare in 2023 after a bruising year
Investors cautious heading into next year in regards to Chinese tech stocks with analysts expecting regulation to be more predictable and growth to accelerate.
FTX founder Bankman-Fried sent back to Bahamas jail in day of courtroom chaos
Sam Bankman-Fried is returning to a Bahamian prison after demanding to see a copy of his federal indictment.
Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022
Venture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and macro headwinds slowing down growth in 2022.
Sam Bankman-Fried will now surrender himself for extradition before Bahamian court Monday, says source
Founder and former FTX CEO Sam Bankman-Fried will not contest extradition to the U.S. in an about face just days after being remanded to Bahamas prison.
Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022
Amazon shares have been battered this year by a broader market sell-off tied to soaring inflation, a worsening economy, and rising interest rates.
Binance.US to acquire bankrupt crypto exchange Voyager's assets for $1 billion, weeks after planned FTX deal failed
Binance.US will acquire the crypto assets and customer deposits of Voyager Digital in a $1.02 billion deal, weeks after a planned FTX-Voyager acquisition failed.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
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