Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined
The award is particularly notable for Oracle, which isn't among the top tier of companies operating cloud infrastructure services large customers.
CNBC Technology
Apple announces plans to encrypt iCloud backups
Apple announced on Wednesday that it plans to encrypt additional iCloud data on its servers, including full backups, photos and notes.
Tech's pandemic hiring boom continues to bust as fintech Plaid adds to mounting layoffs
Fintech firm Plaid is laying off about 260 employees, adding to the recent wave of cuts from tech companies like Meta, Twitter and Coinbase.
Sam Bankman-Fried lobbied for Taylor Swift deal as FTX bled cash and execs urged restraint
While FTX's financials were suffering from the crypto selloff earlier this year, Sam Bankman-Fried was trying to land a sponsorship deal with Taylor Swift.
Democratic lawmakers ask Musk for info on possible Chinese manipulation of Twitter
Three Democratic House members are calling on Elon Musk to provide information about a possible Twitter manipulation campaign by the Chinese government.
Morgan Stanley cuts iPhone shipment estimate by 3 million more units
Morgan Stanley analysts reduced their Apple iPhone shipment forecast by an additional 3 million units Wednesday to account for slower production in China.
Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds
The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March.
Here's how to use Lensa, the chart-topping app that uses AI to transform your selfies into digital avatars
Lensa is the top free app on Apple's App Store. For a small fee, it turns your selfies into AI-generated digital art. Here's how it works.
Microsoft says it will bring Call of Duty to Nintendo for 10 years if Activision deal closes
Microsoft's blitz of commitments around Call of Duty comes as regulators and rivals amp up antitrust scrutiny of the proposed $69 billion Activision takeover.
National security concerns reportedly delay TikTok-U.S. deal
In notes on Wednesday, analysts predicted that Meta, Google's YouTube and Snap would stand to gain from a TikTok ban in the U.S.
Over $400 billion has been erased from the value of Europe's tech industry this year
The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.
Amazon reportedly reaches deal with EU regulators over anti-competitive practices
EU antitrust regulators have reached a final deal with Amazon, three years after officials in Brussels opened a probe into the company.
Tim Cook says Apple will use chips built in the U.S. at Arizona factory
Apple CEO Tim Cook spoke at an event in Arizona on Tuesday where he confirmed Apple will buy chips built in the U.S.
TSMC to up Arizona investment to $40 billion with second semiconductor chip plant
The company will also announce it will be producing more technically advanced chips than originally proposed.
Sam Bankman-Fried could face years in prison over FTX's $32 billion meltdown — if the U.S. ever gets around to arresting him
FTX founder Sam Bankman-Fried remains in the Bahamas, even as regulators are rumored to be building a case against him. Why isn't he in jail yet?
MongoDB stock jumps 27% after cloud database company shows surprise adjusted profit
MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other software.
Former FTX engineer quietly became multimillion-dollar Democratic donor after new role at cryptocurrency exchange
Former FTX Director of Engineering Nishad Singh quietly became a Democratic megadonor after becoming a leader at the now-defunct crypto exchange.
Meta's Oversight Board criticizes Facebook's special program for VIP users
Meta's oversight board torched the Facebook parent for what it said was an unequal system for VIPs that allowed questionable content to remain on the site.
David Zaslav's top priority at Warner Bros. Discovery: Get the cash flowing again
Warner Bros. Discovery CEO David Zaslav is prioritizing cash generation over everything else.
Apple Music's getting a new karaoke feature on iPhones, iPad and Apple TV
Apple Music Sing will let users sing along to their favorite songs. Apple Music subscribers will be able to access the karaoke-like feature later this month.
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