Elon Musk's brain computer start-up raises $205 million from Google Ventures and others
Neuralink has raised $205 million from investors including Google Ventures, Peter Thiel's Founders Fund, and OpenAI CEO Sam Altman.
CNBC Technology
'League of Legends' maker Riot Games to 'double down' in China as gaming growth continues
The U.S.-headquartered game maker announced a new studio in Shanghai on Friday with a focus on developing new games for a global audience.
Microsoft is in talks to invest in Indian budget hotel start-up Oyo
The news was first reported by TechCrunch, which said the proposed deal may involve Oyo shifting to use Microsoft's cloud services.
Amazon cloud revenue growth accelerates to 37% in Q2
Amazon Web Services again accelerated revenue growth, even as it continues to lead the public-cloud infrastructure business.
Tesla owners could get $625 each in class action settlement over battery throttling
Tesla agreed to pay $1.5 million to settle claims that its over-the-air software update limited battery voltage, therefore range, in some Model S sedans.
Didi denies it considered to go private after earlier report sends the stock soaring
Chinese regulators have been scrutinizing Didi for cybersecurity and antitrust matters, according to reports.
Robinhood falls in its public market debut, closes more than 8% lower at $34.82 per share
Trading for the first time under the ticker HOOD, the online brokerage hit the public markets it seeks to democratize for amateur investors.
PayPal comes in light on revenue, profit drops from last year
PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter earnings that were weaker than analysts had expected.
Pinterest lost users in the second quarter, and the stock is plunging
Pinterest shares plunged after the company reported its second-quarter results, which showed a decline in monthly users.
Amazon posts third $100 billion quarter in a row, but still misses expectations
Amazon reported earnings after the bell. Here are the results.
Amazon’s ads business posts 87% growth
Amazon's chief financial officer Brian Olsavsky cited new products and functionality for factors like higher demand and higher bid rates.
Grand jury indicts Trevor Milton, founder of electric carmaker Nikola, on three counts of fraud
Federal criminal fraud charges against Trevor Milton accuse the Nikola founder of lying about "nearly all aspects of the business."
Comcast beats earnings expectations, gains record internet customers for quarter
The company said that NBCUniversal's streaming service, Peacock, has 54 million sign-ups as of this week.
At Nikola briefing, SEC official declines to weigh in on Elon Musk's use of Twitter
But SEC Director of Enforcement Gurbir S. Grewal pledged to hold execs accountable for "materially false statements."
Huawei launches new smartphones without 5G as U.S. sanctions, chip shortage bite
Huawei on Thursday launched its new P50 and P50 Pro smartphones without support for super-fast 5G internet.
MacKenzie Scott and Melinda French Gates donate $40 million to gender equality projects
Scott and French Gates are joining forces to support projects focused on advancing gender equality in tech, higher education and caregiving.
Robinhood CEO on the meme stock craze: 'I think it's a real thing'
Robinhood's Vlad Tenev said retail clients who invest in so-called meme stocks give embattled companies access to capital they otherwise wouldn't have.
Here's how Zuckerberg thinks Facebook will profit by building a 'metaverse'
Zuckerberg outlined some of his vision for a metaverse on Facebook's earnings call this week.
The global chip shortage is starting to hit the smartphone industry
On Tuesday, Apple CEO Tim Cook warned silicon supply constraints would affect sales of the iPhone as well as other products like the iPad.
Billionaire investor Chamath Palihapitiya backs UK insurance start-up as it pivots from drones to cars
Venture capitalist Chamath Palihapitiya has invested $10.6 million into London insurance start-up Flock, which is pivoting from drones to cars.
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