Apple CEO Tim Cook: 'Everybody's seeing inflationary pressure'
Inflation hasn't hurt Apple's business, which reported rising gross margins in the December quarter, and Apple hasn't raised prices in response to inflation in the U.S.
CNBC Technology
What really happens to Amazon returns
Returns are at a record high as online shopping booms. Now Amazon is trying to destroy less inventory with new options to refurbish, resell and liquidate items.
Shell says one of the largest hydrogen electrolyzers in the world is now up and running in China
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
The stock market is so volatile that one European tech firm has canceled its IPO
Dutch file-sharing company WeTransfer says it has canceled plans for an initial public offering due to "volatile market conditions."
Why DeepMind co-founder Mustafa Suleyman has quit Google to become a VC
DeepMind co-founder Mustafa Suleyman surprised many of his followers last week when he announced he's leaving Google to become a venture capitalist.
Formula One star Lewis Hamilton invests in rapid grocery delivery start-up Zapp
British Formula One driver Lewis Hamilton has backed rapid grocery delivery start-up Zapp as part of a larger $200 million investment in the company.
SoftBank confirms departure of COO Marcelo Claure, names new CEO for international unit
CNBC's Andrew Ross Sorkin and Alex Sherman reported Thursday that Claure was preparing to resign from the company, citing people familiar with the matter.
Global smartphone shipment grew for the first time since 2017, new report says
Annual smartphone shipment grew 4% year on year to 1.39 billion handsets in 2021 even as the impact of Covid and a worldwide chip shortage hampered supplies.
Google Cloud is hiring a legion of blockchain experts to expand its business
Google already provides services to blockchain companies such as Dapper Labs. It will be hiring experts to win more business in the emerging category.
Apple revenue pops 11% to $123.9 billion, Cook says supply chain improving
Apple reported fiscal first-quarter earnings after the bell. Here are the results.
Elon Musk says it’s more important for Tesla to make a robot than new car models this year
Tesla CEO Elon Musk believes a humanoid Tesla robot that's in the early stages of development could one day overtake the company's vehicle business.
Tesla drops more than 11% as investors digest new vehicle delays
Instead, CEO Elon Musk talked up Tesla's longer-term ambitions to develop a robotaxi and a humanoid robot that could be put to work in factories.
Atlassian jumps as quarterly results top estimates and company raises guidance for 2022 subscriptions
Atlassian raised its subscription growth forecast for the fiscal year as it plans to raise prices. The company also acquired start-up Percept.ai.
Robinhood wants to make stock trading available more hours of the day with 'hyper-extended hours'
"We call this feature 'hyper-extended hours' and anticipate rolling it out later this quarter," Robinhood CEO Vlad Tenev said on the company's earnings call on Thursday.
Comcast beats earnings expectations, but falls short on new internet customers
Comcast Cable's CEO during an event last month predicted a full-year number that fell below estimates.
Softbank COO Marcelo Claure, right-hand man to Masa Son, is leaving the company, sources say
SoftBank COO Marcelo Claure, who helped run Sprint and rehabilitate WeWork for company CEO Masayoshi Son, is leaving, perhaps as soon as Thursday, sources say.
OpenAI co-founder Sam Altman ridicules start-up fundraising process
Sam Altman, the former president of start-up accelerator Y-Combinator and the co-founder of OpenAI, has ridiculed the start-up fundraising process.
A 2014 Supreme Court decision that changed the future of television, and maybe the internet
Web-based TV subscription service Aereo faced a challenge few other Disruptor 50 companies face — a 2014 Supreme Court ruling against it that led to bankruptcy.
EV car manufacturing jumps in the UK but overall production sinks to 65-year low
The U.K. wants to stop the sale of new diesel and gasoline cars and vans by 2030.
US wave energy projects get funding boost as plans for open-water testing take shape
The projects will include R&D into the potential of wave energy, as well as the testing of wave energy converter tech.
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