VMware veteran takes helm of pre-IPO software company Cohesity, though market debut is on hold
Sanjay Poonen, who spent eight years as a VMware executive, said Cohesity is positioned to pick up business as it faces incumbents such as Dell.
CNBC Technology
Hackers drain nearly $200 million from crypto startup in 'free-for-all' attack
Hackers yanked almost $200 million in crypto from Nomad, a so-called blockchain bridge.
Pinterest climbs on user numbers and Elliott investment even as financials disappoint
Pinterest shares jumped after the company's user numbers surpassed analysts' estimates in a gloomy quarter for social media.
Shares of Chinese EV makers Nio and Li Auto rise as July car deliveries jump
Shares of Chinese electric vehicle startups Nio and Li Auto jumped in the U.S. Monday.
SEC charges 11 people in alleged $300 million crypto Ponzi scheme
SEC charges 11 people in alleged $300 million crypto Ponzi scheme
Amazon emissions increased 18% last year as Covid drove online shopping surge
The wave of demand pushed Amazon to expand its logistics network, and it rapidly grew its warehouse footprint to process more orders.
Google CEO tells employees productivity and focus must improve, launches 'Simplicity Sprint' to gather employee feedback on efficiency
In an all-hands meeting last week, Alphabet CEO Sundar Pichai said employees need to be more productive and figure out where to cut distractions.
Senate won't vote on tech antitrust bill before summer recess, Klobuchar says
The bill's proponents fear the longer it takes to put the bill to a vote, the more time tech lobbyists will have to sow seeds of doubt in lawmakers' minds.
Amazon launches same-day delivery from some brick-and-mortar retail brands
Prime members in select cities can now get items from GNC and apparel brands PacSun, Diesel and Superdry delivered to their doorstep in a few hours.
Facebook's former CTO Mike Schroepfer explains why he's turning his attention to climate change
Mike Schroepfer, longtime Facebook CTO, talked to CNBC about why and how he's investing in climate change as he leaves his full-time job at Meta.
Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list
The statement came after Alibaba was added to the SEC's list of Chinese companies at risk of being delisted for not meeting auditing requirements on Friday.
Air conditioning is a climate disaster and Bill Gates is investing in this startup to fix it
Blue Frontier's solution uses a salt solution as a liquid desiccant to do both the cooling and dehumidification work done by refrigerants today.
Elon Musk countersues Twitter over merger, but details aren't yet public
It wasn't clear why Musk asked the court to keep details of his countersuit confidential when the billionaire had been publicly critical of Twitter recently.
Elon Musk and Twitter trial will start Oct. 17
Twitter is suing Musk for pulling out of a deal he made to buy the company for around $44 billion.
AMD passes Intel in market cap
The milestone also suggests that investors may value an asset-light chipmaker over one that's investing heavily in manufacturing.
Bitcoin briefly tops $24,000 in post-Fed rally, notches best month since October
Bitcoin's rally began after the Federal Reserve hiked interest rates on Wednesday, but signaled that the pace of such rises could slow.
Roku plunges 23% after missing earnings
Shares of Roku sank more than 23% on Friday.
Amazon shares rally after strong second quarter and guidance
Amazon reported upbeat results in an otherwise gloomy earnings season for most of the technology sector.
Intel stock slumps 8% after poor earnings show softening demand for PCs
Intel stocks fell 8% Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines.
Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates
Amazon continues to count on Amazon Web Services as a major source of profit given the unit's high margins.
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