Internal Facebook memo warns company must be disciplined, prioritize ruthlessly
Meta chief product officer Chris Cox detailed the company's financial dilemma in an internal memo that detailed key areas where the social media giant plans to invest.
CNBC Technology
Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years
Worries over higher interest rates drove investors into safer and slower-growing pockets of the economy in the second quarter as Tesla stock cratered 37%.
Bitcoin just had its worst month on record
Bitcoin just finished its worst month in the 12 years that it's been available on exchanges.
Bitcoin posts its worst quarter in more than a decade
Bitcoin has lost around 58% of its value in the second quarter of 2022, its worst quarterly loss since the third quarter of 2011.
For 3-D printing companies, producing in the stock market hasn't been easy
3-D printing companies including Stratasys, MakerBot and Shapeways have accomplished a lot with industrial and consumer technology, but not in the stock market.
Apple opens up third-party app payments in Korea, will still take 26% cut
Apple will require apps that take advantage of the new policy in Korea to report all sales to Apple each month and pay a commission of 26% on those sales.
Grayscale sues SEC after rejection of bid to turn the largest bitcoin fund into an ETF
The U.S. Securities and Exchange Commission cited a failure by Grayscale to answer questions about concerns around market manipulation.
North Korea is likely culprit behind $100 million crypto heist, researchers say
There are "strong indications" that North Korea-run hacking group Lazarus orchestrated the attack, according to blockchain analytics firm Elliptic.
Crypto hedge fund Three Arrows Capital plunges into liquidation as market crash takes toll
A slump in cryptocurrency prices, which has seen billions of dollars wiped off the market, has exposed a liquidity crisis at Three Arrows Capital.
Crypto exchange CoinFlex probably won't resume withdrawals Thursday as planned, says CEO
But CoinFlex CEO Mark Lamb said the exchange is in talks with several funds interested in buying the $47 million debt it claims that investor Roger Ver owes.
Here's what's hot — and what's not — in fintech right now
With a recession possibly on the horizon, investors are writing fewer — and smaller — checks for fintech companies. And they're getting much more selective.
Bitcoin briefly drops below $20,000 again as pressure continues to mount on crypto market
Bitcoin fell below $20,000 on Wednesday as a number of factors from macroeconomic worries to issues with crypto companies continue to weigh on the market.
Amazon wants us to believe the robots are coming — but most people won't find them useful
Amazon and several startups showed off the latest in robotics at the e-commerce giant's re:MARS conference in Las Vegas last week.
U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores
A leader of the U.S. Federal Communications Commission asked Apple and Google to remove TikTok from their app stores over China-related data security concerns.
Longtime Google exec Nick Fox to take interim commerce business post after Ready departs to Pinterest
Google's commerce head, Bill Ready, announced he was leaving to lead Pinterest.
Starz could turn into an 'acquisition machine' after Lionsgate spins it off
A publicly traded Starz may look to increase in size by targeting other subscale media and entertainment companies.
Snap announces Snapchat+ subscription plan that costs $3.99 a month
Snap is rolling out a subscription plan called Snapchat+ that unlocks exclusive and pre-release features at the cost of $3.99 per month.
Crypto exchange CoinFlex claims 'Bitcoin Jesus' is the investor behind $47 million debt
CoinFlex is locked in a battle with major cryptocurrency investor Roger Ver over a $47 million debt marking the latest saga to unfold amid the market crash.
Sony looks beyond the PlayStation 5 with its own brand of PC gaming gear
Sony is launching two PC gaming monitors and three headsets under a new brand called Inzone.
Tencent wants to be foreign automakers' go-to company for tech in China's electric car market
Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China's EV market.
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