Zoom pops 16% on first-quarter earnings beat and strong guidance
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
CNBC Technology
Airbnb is closing its domestic business in China, sources say
All mainland Chinese listings — homes and experiences — will be taken down by this summer.
Broadcom, VMware deal could be announced by Thursday, sources say
Shares of VMware surged on reports that Broadcom is in talks to acquire the company.
Tether withdrawals top $10 billion as regulators raise alarm about stablecoins
Tether has seen its circulating supply plunge from a record $84 billion on May 11 to around $73 billion as of Monday.
Bitcoin could fall to $8,000, a more than 70% plunge, Guggenheim's Minerd says
Guggenheim Chief Investment Officer Scott Minerd said most crypto is "junk" but bitcoin and ethereum will survive.
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
FTX has been on the hunt to buy brokerage start-ups as the crypto exchange moves into stock trading and its CEO takes a stake in Robinhood, sources say.
DC AG sues Meta CEO Zuckerberg over Cambridge Analytica privacy scandal
The lawsuit comes after a judge rejected Racine's attempt to add Zuckerberg as a defendant on his original consumer protection complaint against Facebook.
Hyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics
The operations are expected to open during the first half of 2025, with an annual production capacity of 300,000 vehicles,
EBay is entering the NFT business, with an assist from hockey legend Wayne Gretzky
EBay is launching 13 limited-edition NFT collectibles, each of which contains a 3-D animated rendering of hockey legend Wayne Gretzky's famous moves on the ice.
Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future
A new report from Columbia University's Center on Global Energy Policy details how Russia dominates the supply chains of nuclear power around the globe.
Where the billions spent on autonomous vehicles by U.S. and Chinese giants is heading
Billions of dollars are being spent to bring self-driving vehicles to the road. Commercial autonomous vehicles like robotaxis may be first.
Christine Lagarde says crypto is worth nothing
Lagarde said she thinks crypto should be regulated to protect inexperienced investors.
Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles
Renault's idea of developing a passenger vehicle that uses hydrogen technology is not unique.
'The next era of humanity's technological development': U.S. and its Asian allies get serious about semiconductors
The countries have made clear in recent days how much strategic importance they place on semiconductors — including export controls to China.
China's state-backed blockchain company is set to launch its first major international project
BSN's international product called the the Spartan Network will eventually be made up of public blockchains that do no operate with cryptocurrencies.
Tech stocks are mired in their longest weekly losing streak since dot-com bust
The Nasdaq's seven-week losing streak underscores the shift in investor sentiment away from technology and growth stocks as the broader markets sell off.
Report says SpaceX paid woman over Musk sex misconduct claim – he denies 'wild accusations'
SpaceX founder Elon Musk said in a tweet late Thursday that "wild accusations" against him are not true.
At Gary Vaynerchuk's 'VeeCon' in Minneapolis, the only way in is an NFT ticket
This weekend, thousands of NFT-holders are descending upon Minneapolis for the first-ever NFT-ticketed conference hosted by serial entrepreneur Gary Vaynerchuk.
Democratic senators concerned about phone location data being used to track people seeking abortions
The letter highlights the potential far-reaching impacts of the Supreme Court's anticipated decision reversing Roe v. Wade.
Amazon tests using Flex drivers to make mall deliveries
Amazon told drivers in Las Vegas that it was launching the service at a local mall, according to a notice viewed by CNBC.
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