PayPal stock closes down 24% in worst-ever trading day
In an interview with CNBC, PayPal CEO Dan Schulman said the company took "a measured approach" to guidance.
CNBC Technology
Alphabet stock jumps on back of blowout earnings
The strong report led at least nine Wall Street firms to raise their price target on the stock.
Crosby, Stills & Nash want their music pulled from Spotify over Joe Rogan controversy
Young pulled his music from the streaming platform last week over allegations that Joe Rogan spread coronavirus vaccination misinformation with his show.
Amazon workers at a second Staten Island warehouse file petition for union election
Amazon Labor Union is now seeking to represent workers at two Amazon warehouses on New York's Staten Island.
Germany scuttles $5 billion chip deal with Taiwan firm amid tech sovereignty concerns
Taiwan's GlobalWafers will no longer buy Munich-headquartered rival Siltronic after policymakers in Germany failed to approve the deal in time.
The SPAC market starts 2022 with abysmal losses, abandoned deals
Companies that went public via SPACs have been among those worst affected by January's sell-off, while many sponsors wereforced to scrap their proposed deals,
Calm app acquires Ripple Health Group and appoints a new co-CEO
David Ko, CEO and co-founder of Ripple Health Group, will join relaxation app Calm as co-CEO upon the company's acquisition of Ripple.
Danish energy fund to lead massive green hydrogen project in Spain, powered by wind and solar
Over the past few years a number of major firms have undertaken projects related to green hydrogen.
Alphabet reports big fourth-quarter beat; stock pops
Alphabet reported earnings after the bell. Here are the results.
Alphabet stock split could pave the way for addition to the Dow Jones Industrial Average
Crypto start-ups are still raising serious cash despite a slump in prices
Cryptocurrency start-ups are having a solid start to the year, bagging hundreds of millions of dollars in fresh cash.
Google parent Alphabet announces 20-for-1 stock split
It wouldn't be the first time Larry Page and Sergey Brin have make their stock more affordable. It happened in 2012 with the launch of a third class of shares.
India to launch its own digital currency in 2022-2023
India could be one of the world's largest economies to introduce a central bank digital currency, following China which is testing a digital yuan.
AMD rises 10% after issuing strong 2022 sales outlook
AMD has been riding a surge in PC and electronics sales over the past two years.
PayPal stock plunges on weak earnings guidance
PayPal reported mixed Q4 2021 earnings Tuesday and provided guidance for the next quarter that fell short of analyst estimates.
Tesla to recall FSD Beta software that lets drivers slowly roll past stop signs
Newer versions of FSD Beta (2020.40.4.10 or later), which are subject to the recall, gave drivers an option to slowly roll past stop signs.
How to quit Spotify and what you give up if you do
Last week, several prominent musicians including Neil Young and Joni Mitchell removed their back catalogs from Spotify.
Microsoft and Shell are betting on a company making greener jet fuel
Chicago-based start-up LanzaJet, which builds on the decade of research at LanzaTech, is scaling a potential solution to clean up the airline industry.
AT&T to spin off WarnerMedia in $43 billion Discovery media merger, cuts dividend
AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery.
Metaverse real estate sales top $500 million, and are projected to double this year
A rush of investors are pouring into the new virtual land craze, hoping to get in on the ground floor of the next digital Manhattan or Monaco.
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.
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