WWE's Vince McMahon paid more than $12 million to settle sexual misconduct allegations, report says
WWE's Vince McMahon paid $12 million to four women over the last 16 years., the Wall Street Journal reported.
CNBC Technology
Embattled crypto lender Celsius is a 'fraud' and 'Ponzi scheme,' lawsuit alleges
Celsius artificially inflated the price of its own digital coin, failed to hedge risk and engaged in activities that amounted to fraud, a lawsuit alleges.
Volkswagen CEO says EV outlook is ‘very good,’ expects to reduce delivery times this year
VW's electrification plans put it in direct competition with companies like Elon Musk's Tesla.
Samsung's 'better than feared' earnings spur chip stock rally
Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.
Twitter slips on report that Musk deal is in jeopardy
The deal was already in uncertain territory since Musk had demanded more information on the percentage of spam accounts on the platform.
Theranos ex-COO Sunny Balwani found guilty on all 12 fraud charges 6 months after founder Holmes' conviction
The jury in the fraud trial of former Theranos executive Ramesh "Sunny" Balwani reached a verdict on Thursday.
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
The company is making staff cuts across departments as part of an effort to turn around the videogame retailer and drive growth.
Uber's money-losing ride may be nearing an end, but the road to a long-term win remains uncertain
The creation of Uber in the wake of the 2008 financial crisis is a result of "resource integration" — it's also a business model that proved easy to replicate.
Meta nudges its big VR push another step away from the Facebook legacy
Meta debuted a new way for users to log into virtual reality headsets without using their Facebook accounts.
Hulu is facing an existential crisis as Disney approaches a 2024 deadline to buy Comcast's 33% stake
In an era of flagship streaming services like Disney+ and Peacock, Hulu is caught in the middle.
Top SoftBank exec steps back from role at Vision Fund as pressure mounts on investments
SoftBank's Vision Fund strategy has come under heavy criticism and pressure amid a string of bad bets and a crash in technology stocks this year.
How startups are dealing with the hardest fundraising climate in more than a decade
With tech stocks down dramatically from their 2021 highs, startups are trying to avoid the dreaded down round.
Shell to build Europe's 'largest' renewable hydrogen plant to help power Dutch refinery
Company says the facility will be "Europe's largest renewable hydrogen plant" when operations start in 2025.
Video game sales set to fall for first time in years as industry braces for recession
Global video game sales are forecast to contract 1.2% to $188 billion in 2022, according to research from Ampere Analysis.
Apple introduces Lockdown Mode to protect iPhones from state-sponsored hacking
Lockdown Mode turns off several features on the iPhone in order to make it less vulnerable to spyware.
How online searches and texts can put you at risk in a post-Roe world, and how to protect yourself
Digital tools have made it easier to find reproductive health care information, but also created new legal risks for those who use them.
Rivian confirms it's on track to build 25,000 electric vehicles this year
Rivian said it delivered more than 4,000 EVs in the second quarter and still expects to build 25,000 this year.
Netflix announces 'Stranger Things' spin-off as creators form new production company
Netflix and the Duffer Brothers have formed Upside Down Pictures, which will create a "Stranger Things" spin-off.
Billions in bitcoin trapped on lending platforms like Celsius may turn into a tax write-off for investors
The bad debt write-off from Crypto platforms could eventually provide relief to investors who lost their funds.
Amazon takes stake in Grubhub, adds food delivery perks to Prime
As part of the agreement, Amazon has the option to acquire a 2% stake in Grubhub.
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