Alibaba shares rise 6% in U.S. premarket trading after $2.8 billion anti-monopoly fine
Alibaba was fined 18.23 billion yuan ($2.8 billion) by Chinese regulators as a result of an anti-monopoly investigation.
CNBC Technology
How Asia came to dominate chipmaking and what the U.S. wants to do about it
A global semiconductor shortage and tensions with China have bolstered U.S. scrutiny of the supply chain and created a drive to regain leadership.
Microsoft in advanced talks to buy Nuance for about $16 billion, announcement could come Monday
Buying Nuance could bolster Microsoft's assets in voice software, where it already has technology for developers.
How baseball card mania is colliding with NFT boom to revive Topps and change the game for dealers
Topps' announcement this week that it plans to go public through a SPAC puts the company at the center of three emerging investment trends.
China slaps Alibaba with $2.8 billion fine in anti-monopoly probe
In a Saturday statement, China's State Administration for Market Regulation accused Alibaba of abusing its market dominance.
Inside Redwood Materials, former Tesla CTO's effort to recycle batteries for rare components
CNBC got an inside look at former Tesla CTO JB Straubel's lithium-ion battery recycling start-up.
China's Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO: Reports
Chinese ride-hailing giant Didi Chuxing is said to be raising $1.5 billion in debt financing ahead of a blockbuster U.S. IPO, according to multiple reports.
Venture funding soared to record $64 billion in Q1
Following a historic year for tech IPOs, venture capitalists invested a record sum of money in the first quarter, piling into early and late-stage companies.
Chris Cox earned cash and stock worth $69 million after rejoining Facebook last year
Cox is a key moral leader at Facebook and one of its top strategic executives, coordinating how the company's various services work with one another.
Google urges U.S. to work with the EU on trade as enforcers abroad pursue regulations
Karan Bhatia, Google's VP of government affairs and policy, warned Friday that the technology trade relationship between the two governments "is fraying."
Google denies report that its next phone is canceled, says Pixel 5a 5G coming this year
Google denied a report Friday that its next phone has been canceled and said the Pixel 5a will launch in the U.S. and Japan later this year.
Amazon wins enough votes to beat union effort in Alabama
The union election at one of Amazon's Alabama warehouses has shaped up to be one of the most important organizing campaigns in recent history.
White House set to host Google, Intel CEOs to discuss computer chip supply chain
The shortage of computer chips has implications for a range of industries, from producers of electric vehicles to medical supplies.
Facebook will use part of its headquarters as a public Covid vaccination site
Facebook will use part of its California headquarters as a Covid vaccination site and work with the state and nonprofits to aid mobile sites, it said Friday.
Group ride start-up Swoop wins contract to provide transportation for 2022 Super Bowl as events come back
Swoop, a start-up founded in 2016, won a contract with the NFL to provide transportation for the 2022 Super Bowl in Los Angeles, CNBC has learned.
Nokia's mobile brand launches $415 smartphone with 5G as it struggles to take on Samsung and Apple
The company behind the Nokia mobile brand refreshed its smartphone lineup on Thursday with a slew of new budget models.
Amazon lead widens in union vote at Alabama warehouse
The first day of counting ended on a downcast note for the union, with RWDSU President Stuart Appelbaum calling for the NLRB to probe Amazon's conduct.
Peter Thiel-backed firm takes majority stake in a brain computer interface start-up
ATAI Life Sciences, a Peter Thiel-backed company developing psychedelic drugs to treat mental health, has taken a majority stake in U.S. firm Psyber.
China's bitcoin mining is threatening its climate change targets, study says
China could end up exceeding its emissions reduction targets as a result of carbon-intensive bitcoin mining, according to a study published this week.
The U.S. is facing a lithium-ion battery shortage as electric vehicle production ramps up
U.S. automakers are finally making big commitments to go electric, but in the short term, there may not be enough lithium-ion batteries to go around.
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