Adobe shares move lower after full-year projections fall short
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
CNBC Technology
TikTok exec: We're not a social network like Facebook, we're an entertainment platform
As Facebook looks to copy more features from TikTok, the popular short video service says it's not a social network
Bitcoin falls as sell-off in risk assets resumes, trades at levels not seen since 2020
Bitcoin is trading at levels not seen since December 2020 after it nearly fell below $20,000.
Fanatics hires former Dick Clark Productions CEO to lead its collectibles business
Fanatics has tapped former Dick Clark Productions CEO Mike Mahan to lead its trading cards and digital collectibles business, including Candy Digital and Topps.
Remember Foursquare? The location tech used by Apple, Uber and Coca-Cola knows you
Foursquare was an early leader in the iPhone-based location services economy, but shifted much of its focus to consumer location data for big brands.
New crypto fundraising start-up will take political donations in digital currencies as 2022 midterms heat up
The new platform, titled Engage Raise, is set to launch in July and will allow federal candidates to raise campaign cash solely through cryptocurrencies.
China's multi-billion dollar shopping festival tests e-commerce giants and consumer appetite
China is in the midst of the annual "618" shopping festival where the country's e-commerce giants Alibaba and JD.com try to entice shoppers with huge discounts.
Netflix's binge-release model is under new scrutiny as the streaming giant struggles
Netflix disrupted traditional TV by releasing entire seasons of shows all at once. Now, the model is under scrutiny as the streamer deals with big losses.
U.S. safety agency says Tesla accounts for most driver-assist crashes, but warns data lacks context
Federal safety officials stressed that the data is not meant to portray whether one advanced driver-assist system is safer than another.
Netflix is planning a 'Squid Game' reality show with a record $4.56 million cash prize
It will see 456 players compete in a series of games inspired by the show.
Chinese Tesla rival Nio launches new electric SUV
Nio shares rose on Wednesday after the company unveiled the ES7 electric SUV which starts at 468,000 Chinese yuan ($69,693).
Bill Gates says crypto and NFTs are '100% based on greater fool theory'
The tech billionaire said he's "not involved" in crypto: "I'm not long or short any of those things."
WWE board investigates secret $3 million hush payment by CEO Vince McMahon, report says
A WWE spokesman told The Wall Street Journal that the company is cooperating with the board's investigation into the alleged McMahon payment.
Inside the U.S. government project to create tiny nuclear reactors like batteries
Scientists are building a micro nuclear reactor, which aims to be able to be significantly cheaper and faster to build than conventional light water reactors.
Bitcoin came close to falling below $20,000 as investors continue to flee cryptocurrencies
Bitcoin's price plunged very close to $20,000 Wednesday as cryptocurrencies sank deeper into the red.
Spotify is slowing hiring by 25%, CEO says
It's the latest signal that companies across tech are cutting back on staff growth as economic uncertainty looms.
Netflix, once the great disruptor, is now taking ideas from the industry it upended to jumpstart growth
Netflix upended the entertainment industry by disrupting old media practices. Now it's rethinking many of its core tenets
Musk says he's leaning toward voting for Florida Gov. Ron DeSantis for president
Musk also disclosed he voted Republican for the first time this week in a special election for a Texas congressional seat.
Microsoft retires Internet Explorer browser after 26 years
Security flaws, antitrust memories and slower speed dragged down Internet Explorer as Google Chrome came to rule. Now Microsoft is promoting its Edge browser.
MicroStrategy denies it received a margin call against its bitcoin-backed loan, report says
MicroStrategy says it hasn't received a margin call against a $205 million bitcoin-backed loan it took in March, according to a Reuters report on Wednesday.
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