Shopify stock sinks 14% after company says it will lay off 10% of workers
In a memo to staff, Shopify CEO Tobi Lutke acknowledged he had misjudged how long the pandemic-driven e-commerce boom would last.
CNBC Technology
Alphabet misses on earnings and revenue for second quarter
Alphabet reported earnings after the bell. Here are the results.
Coinbase shares tumble 21% after report that it's facing SEC probe
Shares of Coinbase closed down more than 21% Tuesday on report that it's facing SEC's probe into whether the platform is offering unregistered securities.
Apple's earnings will give a peek into the mindset of the high-end consumer
This year analysts and investors will be closely watching Apple's earnings because the company could be affected by many different macroeconomic conditions.
Twitter says it significantly slowed hiring during the second quarter
Twitter said on Tuesday that the company "significantly slowed hiring" in the second quarter.
Twitter to hold vote on Musk merger on Sept. 13
Twitter said that it would hold a shareholder meeting to vote on the company's $44 billion acquisition by Elon Musk on September 13.
Amazon hikes Prime membership prices by up to 43% in Europe as inflation bites
The company is enforcing steep price increases in European markets, including in France, where members will see a 43% hike on the cost of annual subscriptions.
Why tech workers are quitting great jobs at companies like Google to fight climate change
Tech workers are giving up jobs at places like Google for opportunities to put their skill set to work fighting climate change.
WWE at crossroads as Vince McMahon's retirement and scandals heighten sale speculation
WWE can either move forward with sale discussions or take the business in new creative directions as Vince McMahon retires from his executive roles.
After getting slammed by the Kardashians, Instagram CEO puts out a video to explain changes to the app
Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.
How to make your Instagram feed look less like TikTok
Instagram is mimicking TikTok with feed changes. To avoid content from accounts you don't want to see, you can streamline your feed to show accounts you choose.
Ferrari CEO shrugs off concerns about EV performance
Other luxury carmakers are also developing electrification strategies.
Sam Bankman-Fried’s FTX is in talks to buy crypto exchange Bithumb, continuing its acquisition spree
Talks of another acquisition are part of FTX and its founder Sam Bankman-Fried's aggressive acquisition approach amid a major downturn in the crypto market.
Alibaba pops 6% after announcing plans for a dual primary listing in Hong Kong
The Chinese tech giant's shares are already traded on both U.S. and Hong Kong exchanges, but the listing in Hong Kong is a secondary one.
Intel plans to make chips for Taiwan’s MediaTek to keep up with Asian manufacturing rivals
Intel CEO Pat Gelsinger has made revitalizing the foundry business a key priority to catch up with and break the dominance of Asian rivals TSMC and Samsung.
Surging temperatures are good for solar panels, right? The answer is: It's complicated
The U.K.'s solar capacity works best at temperatures measuring roughly 25 degrees Celsius, or 77 degrees Fahrenheit — well below those seen last week.
Company called META that claims Facebook stole its name is suing for infringement
Justin Bolognino says his company has been named META for over a decade, and that it was destroyed when Facebook rebranded itself as Meta last year.
Federal prosecutors, SEC probing ex-WWE CEO Vince McMahon's hush payments, report says
The SEC and federal prosecutors have launched probes into payments made by WWE CEO Vince McMahon to settle allegations of sexual misconduct.
National Football League's new streaming service NFL+ launches at $4.99 per month
The NFL's new streaming service will include out-of-market preseason games and mobile access to local and prime-time games.
Amazon sinks after Walmart lowers profit outlook on inflation concerns
The guidance cut comes days before Amazon is expected to report second-quarter earnings on Thursday.
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.
Subscribe to CNBC Technology feed
#channel