Apple reportedly cuts orders for iPhones by 20% due to low demand for iPhone 12 mini
Apple is still expecting to build 230 million iPhones in 2021, up 11.6% from 2020, according to Nikkei Asia.
CNBC Technology
Rob Gronkowski will sell NFTs of his best Super Bowl moments
Rob Gronkowski will put more than 300 non-fungible tokens up for sale featuring Super Bowl highlights on the OpenSea marketplace.
YouTube reaches 120 million people watching on TV screens per month
YouTube will use its television growth to chase more advertisers.
Apple accused of breaching European privacy law by French start-up group
France Digitale filed a complaint against Apple with the nation's privacy regulator, arguing that the iPhone maker's iOS 14 may be in breach of EU rules.
Democratic lawmaker proposes a national online privacy standard as states move forward with their own laws
Democratic Rep. Suzan DelBene's bill would preempt state laws to create a uniform standard across the U.S.
Chinese electric carmakers add $13.65 billion in value as Tesla surges
U.S. listed Chinese electric carmakers Nio, Xpeng Motors and Li Auto followed American rival Tesla higher. Tesla shares surged nearly 20% on Wednesday.
Europe is focusing on ‘tech sovereignty’ as tensions flare between the U.S. and China
The EU is investing billions of euros into what it believes are fundamental and core technologies as part of an effort to boost its tech sovereignty.
Microsoft's big email hack: What happened, who did it, and why it matters
The Microsoft Exchange Server vulnerability and exploitation by Chinese hackers could spur organizations to increase security spending and move to cloud email.
Tesla surges 20%, nearly wiping out five straight days of selling
Sales data published by the China Passenger Car Association also helped buoy Tesla's share price.
Two Republican lawmakers point to Britney Spears in request for conservatorship hearing
House Judiciary Committee Ranking Member Jim Jordan, R-Ohio, and Rep. Matt Gaetz, R-Fla., asked for a hearing to examine potentially unjust conservatorships.
Disney shares pop on promise of California Disneyland reopening
Disneyland and other parks in California have been closed for about a year due to coronavirus-related restrictions.
Biden is loading up his administration with Big Tech's most prominent critics
The selection of two major Big Tech critics for key roles in the administration seems to signal that Biden is serious about taking a tough look at tech giants.
Jack Dorsey's first tweet is on track to sell for $2.5 million, and he says the money will go to charity
The auction will end March 21, when he will immediately convert the proceeds to bitcoin and donate that to Give Directly's Africa Response fund, Dorsey said.
Jeff Bezos names former head of environmental think tank to lead $10 billion Earth Fund
It comes as Bezos is set to step down as CEO of Amazon later this year and is expected to spend more time focusing on projects like the Earth Fund.
The EU wants to boost its chip production as Covid fuels a global supply shortage
Amid a global shortage of semiconductors, as well as tensions between China and the U.S., the bloc believes it is time to improve its digital sovereignty.
Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games
Microsoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs.
Bitcoin tops $1 trillion in value again as the cryptocurrency's price jumps
It is only the second time that bitcoin's value has surpassed a $1 trillion after hitting that milestone for the first time on Feb. 19.
These tech stocks have lost more than 20% of their value so far this year
Tech shares hinted toward recovery in the premarket as bond yields stabilized. However, the early rise in share price didn't completely recoup the losses.
SoftBank-backed Greensill Capital reportedly files for insolvency
SoftBank-backed Greensill Capital has filed for administration, according to a report from the Financial Times.
Stitch Fix swings to a quarterly loss and softens outlook on shipping delays; shares plunge
The subscription styling service lowered its revenue forecast for the current quarter and fiscal year.
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