Instacart's valuation doubles to $39 billion
Instacart is now the second most-valuable private tech company in the U.S., behind Elon Musk's SpaceX, which is worth $74 billion, according to Pitchbook.
CNBC Technology
Asia is playing 'catch up' to Europe in the electric vehicle market, says Fitch analyst
Asia is falling behind because European governments are taking strong measures to boost growth in the electric vehicle sector, says Anna-Marie Baisden from Fitch Solutions.
Real estate brokerage Compass files for IPO amid pandemic boom in housing prices
Compass, which was valued at $6.5 billion in a 2019 financing round, announced plans to go public public and revealed a 56% surge in revenue last year.
China's most important chipmaker SMIC could be a big winner from the global semiconductor shortage
China's SMIC, the target of U.S. sanctions, could find its older chip technology in demand from carmakers scrambling to get their hands on semiconductors.
Zoom pops as company beats expectations and issues strong guidance
Zoom expects to keep the revenue growth coming in the quarters ahead, although it won't be at pandemic levels.
Apple stock has biggest day since Oct. 12 after Buffett endorsement, stores reopen
The rise comes after Berkshire Hathaway chairman and CEO Warren Buffett said in his letter to investors published this weekend that his firm owns 5.4% of Apple.
Airbnb ends affiliate program as it ramps up host recruitment marketing campaign
Airbnb on Monday informed travel bloggers that it will shutting down its affiliate program at the end of March.
Altice USA CEO says cable TV will die and broadband and wireless companies should merge
The CEO of Altice USA, the fourth largest U.S. cable provider by subscribers, says it's only a matter of time before cable TV dies off.
Warren Buffett owns more of a Chinese electric car company than General Motors
Berkshire Hathaway holds an 8.2% stake in Chinese electric automaker BYD, more than it does of General Motors, Warren Buffett said in a letter to shareholders.
Top Apple analyst gives rundown of what to expect from this year's new iPhones
Kuo predicts that the 2021 iPhones will be the same size as the current phones, suggesting this year's models will end up being closer to "S" year models.
All Apple stores in U.S. open for business for first time since start of the pandemic
The reopening of Apple's last closed U.S. locations in Texas on Monday marks a milestone as the United States begins to emerge from lockdowns.
Bitcoin is at a tipping point and could become 'currency of choice' for global trade, Citi says
Bitcoin's wild ascent over the last few months has forced big Wall Street players to reevaluate the cryptocurrency.
Gatorade made a smart patch that measures your sweat and hydration
Gatorade is getting into the wearable fitness craze. The drink maker is launching the Sweat Patch to help athletes measure their fitness and hydration.
Young people have a popular pandemic pastime: Filling, then abandoning, e-commerce shopping carts
People have been picking out items and abandoning carts for years. But the pastime appears to have increased due to the coronavirus pandemic.
China’s spending on research and development hits a record $378 billion
China's National Bureau of Statistics said that R&D spend accounted for 2.4% of China's gross domestic product in 2020.
This multibillion-dollar company is selling lab-grown chicken in a world-first
Californian food start-up Eat Just has become the first company to receive approval for the sale of its lab-grown cultured chicken meat. And it all started with a single cell.
Biden expresses support for Amazon union vote in Alabama: 'Make your voice heard'
Amazon workers at a warehouse in Bessemer, Alabama, began voting by mail earlier this month on whether to form a union.
'Nomadland' spotlights Amazon's RV workforce — here's what it's really like
CamperForce, launched in 2008, is a small sector of Amazon's warehouse workforce, tapping into a sizable community of RVers and van-dwellers for seasonal work.
Coinbase and Roblox take a page from Google, keeping marketing costs way down ahead of public debuts
For Coinbase and Roblox, sales and marketing costs as a percentage of revenue is in the single digits, which is much lower than most pre-IPO tech companies.
Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say
Klarna is one of the world's largest providers of "buy now, pay later" services.
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