Twitter CEO explains how the company actually fights spambots in rebuttal to Musk
Parag Agrawal's explanation comes after Elon Musk said he would put his $44 billion acquisition "on hold" while he researches spam accounts on the platform.
CNBC Technology
White House hits back at Amazon's Bezos after Biden inflation spat
Amazon founder Jeff Bezos has been engaged in a Twitter spat with President Joe Biden over his approach to rising inflation.
$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin from collapse
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.
Uber's big new update lets you book party buses, electric vehicles and more — here's what's new
Uber's new features include things like booking charter transportation, the ability to upload a trip itinerary to book rides and more.
After the 'hippie' bus and the Beetle, VW has its eyes on America once again
VW is targeting 10% market share in the U.S. as it looks to become "much more American."
The co-founders of DeepMind and LinkedIn have raised $225 million for their A.I. lab
Inflection AI, the new start-up from DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has secured $225 million in funding.
China has been quietly building a blockchain platform. Here's what we know
Chinese President Xi Jinping has declared that his country needs to "seize the opportunities" presented by blockchain technology.
Amazon's Bezos again blasts Biden administration on inflation, says it's most hurtful to the poor
Amazon's Jeff Bezos said inflation is most hurtful to the least affluent and blasted President Joe Biden for the second time this week over inflation.
Amazon's Bezos criticizes Biden over inflation tweet
Biden earlier in the day tweeted: "You want to bring down inflation? Let's make sure the wealthiest corporations pay their fair share."
Regulators are getting nervous about stablecoins after Terra's stunning collapse
U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins.
World's biggest stablecoin regains dollar peg after $3 billion in withdrawals
The collapse of another so-called stablecoin called terraUSD had shaken crypto investors' confidence in tether.
Elon Musk can't just walk away from his Twitter deal by paying a $1 billion breakup fee
Musk can't just walk away from buying Twitter, despite a $1 billion reverse break fee attached to the deal.
Cryptocurrency luna crashes to $0 as UST falls further from dollar peg
Luna, the cryptocurrency associated with TerraUSD, or UST, is now worth $0 as the stablecoin has dramatically lost its $1 peg.
Salesforce dumped rest of its Snowflake shares during first-quarter market plunge
Salesforce had $35 million worth of Snowflake shares at the end of 2021, and sold them all in the fourth quarter, according to an SEC filing.
Twitter CEO expects Musk deal to close but is preparing for other scenarios
Twitter CEO Parag Agrawal said Friday that he still expects the deal to sell the company to Elon Musk will close.
Elon Musk says Twitter deal on hold pending details on fake accounts; shares sink 9%
In follow-up tweet around two hours later, he added that he was "still committed to the acquisition."
The world's biggest stablecoin has dropped below its $1 peg
Tether sank to as low as 95 cents on some crypto exchanges Thursday morning.
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months.
For the first time, Japan's SoftBank could spend more on share buybacks than new investments: CLSA
Japanese conglomerate SoftBank Group on Thursday posted a record $27 billion loss in its Vision Fund as tech stocks have plummeted in recent months.
Cryptocurrency luna now almost worthless after controversial stablecoin it is linked to loses peg
UST has been dragged into the spotlight after the stablecoin, which is supposed to be pegged one-to-one with the U.S. dollar, fell below the $1 mark.
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