Mark Zuckerberg sets expectations for his new $1,500 metaverse gadget at rock bottom
Zuckerberg said there will soon be a "trough of disillusionment" around metaverse technology.
CNBC Technology
Microsoft launches Designer, its answer to highly valued startup Canva
Microsoft initially wants to pick up consumer use with its Designer application for graphic design. Over time it could bring the tool to companies.
Facebook whistleblower, former defense and intel officials form group to fix social media
The Council for Responsible Social Media says it aims to address the harmful impacts social media can have on kids, communities and national security.
How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
Amazon continues to invest in private labels such as AmazonBasics, despite accusations that the company copies some of its top-selling third-party products.
Former Google ads boss launches ‘Web3’ search startup with backing from Coinbase, top VCs
Sridhar Ramaswamy, the former head of Google's ad business, has raised $40 million in funding for a new crypto infrastructure startup called nxyz.
The software used in bitcoin mining is getting its first big makeover in more than a decade — here's what's changing
A coalition of bitcoin developers is releasing version 2 of Stratum for the mining industry to evaluate and test, and Block and Braiins are pushing it forward.
America's 'once unthinkable' chip export restrictions will hobble China's semiconductor ambitions
America's introduced sweeping rules aimed at cutting China off from key chips and components for supercomputers. That could hurt China's semiconductor industry.
Mark Zuckerberg takes veiled shots at Apple after releasing $1,499 VR headset
"Closed ecosystems focus on tight control and integration to create unique experiences and lock in."
Elon Musk denies report that he talked to Putin recently about Ukraine war
Ian Bremmer reported that the Tesla CEO had spoken to the Russian leader before tweeting about the war in Ukraine, but Musk denied it.
Meta CEO Mark Zuckerberg debuts Meta Quest Pro VR headset that will cost $1,500
The new Meta Quest Pro device will cost $1,500 and contains some mixed-reality features intended to overlay digital imagery in the physical world.
Uber, Doordash plunge after Labor Department proposes change to gig worker classification
The proposed rule sent stocks for gig companies like DoorDash, Lyft and Uber down.
Bitcoin holds steady around $19,000 amid growing signs of institutional adoption
Bitcoin on Tuesday continued to float in the $19,000 level as investors await CPI data and institutional interest grows.
Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool
By lining up a broad deal with Coinbase, Google might pick up an edge against Amazon and Microsoft by letting clients pay with Bitcoin or other digital coins.
Silicon Valley VC has been investing in climate tech for a decade — here's what he's into now
Long-time Silicon Valley investor and DCVC co-founder Zachary Bogue shares why he's investing in climate tech and what areas are especially interesting to him.
Mobile bank N26's losses widen after ramping up spending on fraud controls
The Berlin-based startup continued to lose money in 2021, with its net loss climbing 14% to 172.4 million euros.
Crypto exchange Coinbase gets regulatory approval in Singapore
U.S. cryptocurrency exchange Coinbase received a key regulatory license in Singapore as it ramps up expansion overseas.
Jamie Dimon says Musk should 'clean up Twitter,' echoes Tesla CEO's bot concerns
Jamie Dimon appears to be a fan of Elon Musk's $44 billion Twitter takeover deal.
Five9 shares plunge more than 20% after CEO announces resignation
Shares of cloud software provider Five9 closed down 25% Monday after CEO Rowan Trollope said he's stepping down to take the helm of a pre-IPO company.
Musk's proposal for China-Taiwan relations gets slammed: Our freedom is 'not for sale'
Elon Musk has weighed in on China-Taiwan relations, and Taiwanese politicians are not impressed.
HP, Lenovo and Dell see PC shipments continue to decline in Q3, while Apple bucks the trend
Shipments of personal computers continued to decline for the third quarter, according to data from IDC. Apple was the only manufacturer to see shipments rise.
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