Baidu's new robotaxi can drive without a steering wheel and is 50% cheaper
The Apollo RT6 comes with a detachable steering wheel, as the car will no longer necessarily need one to drive.
CNBC Technology
India's IT giants pay CEOs millions as turnover climbs among software talent
NITES President Harpreet Singh Saluja told CNBC that Indian IT CEOs are taking home "obscenely high salaries" despite pandemic layoffs.
Microsoft eases up on hiring as economic concerns hit more of the tech industry
Microsoft is easing up on hiring after the company reduced earnings and income guidance and cut a small group of employees.
Tesla grows revenue 42%, but automotive margins decline
Tesla's margins were impacted by inflation and fiercer competition for the components that go into EVs.
Minecraft creator rejects NFTs, saying they create scenario of 'haves and have-nots'
Minecraft creator Mojang said it won't support NFTs because they "create a scenario of the haves and the have-nots."
Raimondo warns of 'deep and immediate recession' if U.S. were to be cut off from Taiwan chip manufacturing
Congress is nearing key votes on a bill to fund U.S. semiconductor manufacturing, known as the CHIPS Act.
Tesla has dumped 75% of its bitcoin holdings a year after touting 'long-term potential'
Tesla CEO Elon Musk spent much of 2021 hyping cryptocurrencies. His company has exited most of its bitcoin holdings amid a dramatic downfall.
Coinbase jumps 14% after saying it has no exposure to bankrupt crypto firms
Coinbase said in a blog post that it had "no financing exposure" to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
Netflix's earnings results mark pivot point for streaming giant, for better or worse
Netflix's second-quarter results may serve as a flag-in-the-ground moment for the company, for better or worse.
Senate advances more than $50 billion bill to boost U.S. semiconductor production
The Senate on Tuesday voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China.
Google adds a new way to block calendar spam. Here's how to use it
Google introduced a new feature on Wednesday that aims to help users keep their Google Calendars free from spam.
Bitcoin tops $24,000 as hopes of softer Fed action fuel crypto relief rally
Bitcoin topped $24,000 Wednesday for the first time since mid-June.
A top European carmaker suggests the global chip shortage is easing
Volvo Cars' semiconductor inventory is now "back at fully supply," CEO Jim Rowan told CNBC.
Google and Chevron invest in nuclear fusion startup that's raised $1.2 billion
Google, Chevron and a Japanese investment company have invested in TAE Technologies, a nuclear fusion startup, which has raised $1.2 billion so far.
Global chip shortage is not over and the slowdown is 'going to bite,' analyst says
The global chip shortage is not over yet, and the war in Ukraine continues to put a strain on supplies of important parts needed, says Vinay Gupta from IDC.
Activision employees announce second union ahead of game company's sale to Microsoft
Efforts to unionize began late last year after an alleged round of layoffs of software testers.
Netflix loses fewer subscribers than expected and says cheaper ad tier is coming in early 2023
The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023.
Apple agrees to pay up to $395 to MacBook owners who replaced 'butterfly' keyboards
The settlement brings a close to an infamous era in Apple product design.
Google will once again test augmented reality glasses in public
Google's announcement reflects how the company is trying to get ahead of privacy issues that sidelined Google Glass almost a decade ago.
Google will let Android developers use rival payments systems in Europe
Google will let nongaming app developers use rival payments systems on its Android operating system for some European users, the company announced Tuesday.
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