Chinese tech giants are snapping up gaming studios around the world
After decades of the U.S. and Japan dominating the gaming space, China's influence is growing as its tech giants snap up gaming studios around the world.
CNBC Technology
Binance CEO says he’s willing to step down as world's biggest crypto exchange welcomes regulation
Binance CEO Changpeng "CZ" Zhao said he's willing to step down from his role as the cryptocurrency exchange seeks to become a regulated financial institution.
Google advertising revenue rises 69% from last year
Alphabet reported earnings after the bell. Here are the results.
Apple's iPhone hot streak is going to run into the global chip shortage
On Tuesday, Apple CEO Tim Cook warned about silicon "supply constraints" that would affect the company's flagship product, as well as the iPad.
New Nokia smartphone is a ‘military grade’ model with 5G that can take a beating
The Nokia XR20 comes with a tough 6.67-inch Gorilla Glass Victus display, 5G internet and a dual-lens camera.
Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning
Apple reported earnings on Tuesday. Here are the results.
The co-founder of Chinese smartphone maker OnePlus is taking on Apple with $99 wireless earbuds
OnePlus co-founder Carl Pei's new hardware start-up Nothing unveiled its first product Tuesday, a set of wireless earbuds called Ear 1.
This food delivery giant is down over 20% in 2021. An investor says enough is enough
Cat Rock Capital, a major shareholder in Just Eat Takeway.com, says the food delivery firm’s communication with investors is “deeply flawed.”
Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago
Elon Musk's electric vehicle company beat expectations on both the top and bottom lines, and passed $1 billion in quarterly net income for the first time.
Europe’s proposed A.I. law could cost its economy $36 billion, think tank warns
A new law designed to regulate artificial intelligence in Europe could end up costing the EU economy 31 billion euros ($36 billion) over the next five years.
South Africa port operations halted and workers reportedly put on leave after major cyberattack
Transnet, a state-owned South African rail, port and pipeline company, appears to be in crisis mode after a cyberattack hit the company last week.
Tesla records $23 million in bitcoin-related impairments after cryptocurrency's second-quarter plunge
Tesla said in its second-quarter earnings statement that bitcoin-related impairments of $23 million dragged down operating income.
Elon Musk snipes at Apple twice on Tesla earnings call
Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday.
Facebook creates exec team to work on Mark Zuckerberg's vision for a digital universe
The metaverse team will be part of Facebook's virtual reality group, Reality Labs, executive Andrew Bozworth said in a Facebook post on Monday.
Ex-Cisco CEO discourages his start-ups from doing business in 'unpredictable' China
"I think it will probably get a little bit tougher before it gets better," former Cisco CEO John Chambers told CNBC on Monday.
Bezos offers to cover $2 billion in NASA costs in exchange for astronaut lunar lander contract
NASA in April awarded Elon Musk's SpaceX with a sole $2.89 billion contract to build the next crewed lunar lander under its Human Landing Systems program.
A tax loophole is helping bitcoin holders save tons of cash by avoiding federal taxes
With crypto tokens, wash sale rules don't apply, meaning that you can sell your bitcoin and buy it right back, whereas with a stock, you would have to wait 30 days.
More money chases Indian tech start-ups as investors shun Chinese names
Shares of food-delivery app Zomato soared as much as 82% in their debut on the National Stock Exchange of India.
China’s digital yuan could pose challenges to the U.S. dollar
Researchers are digging into Central Bank Digital Currencies and what a CBDC could look like in the U.S.
Why some investors are banking on a bitcoin IRA instead of Social Security
More investors are turning to self-directed IRA accounts as a way to bet on bitcoin in their retirement portfolios.
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