Game consoles may haul in $45 billion this year, and big changes are coming
With next-generation consoles from Microsoft and Sony now on sale, there's a clear push from both companies deeper into software and subscriptions.
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Consumer Reports is no longer recommending Tesla's Model S and is panning the reliability of the new Model Y
The latest Consumer Reports' annual Auto Reliability Survey also dropped a Toyota brand from No. 1 for the first time in 15 years.
Tesla reached an all-time high on Thursday
The company's stock has been on a tear since the S&P Dow Jones Indices announced this week that it would include the carmaker to the benchmark index.
BuzzFeed acquires HuffPost from Verizon, reuniting CEO Jonah Peretti with website he co-founded
BuzzFeed has acquired HuffPost from Verizon as part of larger strategic partnership. Verizon will take a minority stake in Buzzfeed.
Facebook defends decision to bring content moderators back to offices despite Covid-19 risks
Facebook executives defend the company's decision to bring some content moderators back into offices in the midst of the coronavirus pandemic.
Facebook claims A.I. now detects 94.7% of the hate speech that gets removed from its platform
Facebook says artificial intelligence software now detects 94.7% of the hate speech that gets removed from its platform.
YouTube will put ads on non-partner videos but won't pay the creators
It's likely to rake in additional revenue for YouTube, but could rankle creators.
Google's game-streaming service Stadia coming to iPhone in the coming weeks
Stadia will run in the Safari web browser on iPhones to skirt Apple's strict App Store, a strategy also used by Amazon and Nvidia.
John Malone says platforms like Apple, Amazon and Roku will dominate streaming
Malone believes it's hard for the cable industry to catch up with other big direct-to-consumer streaming players that are rapidly expanding globally.
Amazon's glasses that let you talk to Alexa launch for everyone next month
The Echo Frames cost $249.99 and will ship Dec. 10.
Sonos stock rallies a day after earnings beat, reaches 52-week high
The speaker maker reported strong fiscal fourth-quarter earnings and fiscal-year revenue guidance that beat expectations.
Nvidia's game streaming service is now on the iPhone and will let you play Fortnite soon
Game streaming services from Google, Microsoft and Nvidia have so far been unavailable on iPhones and iPads because of Apple's strict App Store rules.
GoodRx co-CEO says Amazon Pharmacy is 'complementary,' not a competitor
Shares of GoodRx continued to trade lower after Tuesday's sell-off.
George Soros' fund is offloading Palantir shares because it 'does not approve' of its business practices
Soros Fund Management, the asset management company founded by billionaire investor George Soros, has disclosed that it plans to sell its stake in Palantir.
Facebook moderators say company has risked their lives by forcing them back to the office
More than 200 Facebook content moderators have urged Mark Zuckerberg to let them work from home during the pandemic.
UK watchdog warns fintech start-up hyped by Instagram influencers may be a scam
The U.K.'s Financial Conduct Authority said Wednesday that fintech firm Lanistar has been providing financial services without its authorization.
Bitcoin shoots past $18,000 for the first time since December 2017
Bitcoin is now creeping up toward the all-time high it posted in a late 2017 rally that saw the values of several cryptocurrencies surge.
UK electric vehicle maker Arrival is going public via SPAC at a $5.4 billion valuation
The company competes with Amazon-backed start-up Rivian in the electric van space.
Sonos soars after strong fiscal-year revenue forecast
In the fiscal fourth quarter, which ended on October 3, Sonos' revenue grew 16%, although the quarter was 14 weeks long.
Nvidia beats on both earnings and revenue, sales up 57%
Analysts had been expecting a big quarter from the Santa Clara chipmaker driven by sales of its graphics processing unit chips.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
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