Baidu's voice assistant and smart device business is valued at $2.9 billion after cash injection
Baidu's voice assistant and smart devices division is seen as key to its long-term growth as it faces stiff competition in its core business.
CNBC Technology
Video games are about to get more expensive as the console wars return
Major publishers are expected to bump up the standard price of AAA games to $70 for the new consoles.
Alibaba expects cloud business to turn profitable for the first time within the next few months
Alibaba CEO Daniel Zhang called cloud computing a "growth engine" but said the world is in a "nascent stage of the global cloud era."
Apple CEO Tim Cook receives first major stock grant since 2011, could earn more than 1 million shares by 2025
The stock grant suggests that Cook's performance over the past decade is viewed highly by Apple's board, which wants to make sure that he will be paid competitively through 2025 if he continues to be the CEO of Apple.
Ad exec Martin Sorrell says Facebook and Google shouldn't be broken up, calls boycotts pointless
Famed advertising executive Martin Sorrell told CNBC that Google and Facebook have been exercising more responsibility and shouldn't be broken up by regulators.
Amazon downplayed rising injury rates at its warehouses, investigation finds
Amazon's injury rates were higher at warehouses with heavy automation, despite the company's claims that such technology would improve safety, Reveal found.
Palantir reference price for direct listing comes in at $7.25 a share, NYSE says
Palantir is scheduled to debut on the New York Stock Exchange on Wednesday in a direct listing of its shares.
UnitedHealth has acquired DivvyDose, a competitor to Amazon's PillPack
A person familiar said the deal has now closed.
Google's $310 million sexual harassment settlement aims to set new industry standards
Google's settlement terms show gaps in the company's structure when it came to sexual harassment and retaliation.
Biden campaign slams Facebook for 'regression' in its efforts to safeguard the election
Biden's campaign manager accused Facebook of failing to act on its commitments to prohibit messages misrepresenting who can vote and how.
VMware CEO Pat Gelsinger says a Dell spinoff could give him freedom to work with more manufacturers
Two months after Dell confirmed it was considering a spinoff, VMware's Pat Gelsinger weighs in on why that move could be beneficial.
How Amazon managed the coronavirus crisis and came out stronger
Amazon reported record profits during the pandemic, but it didn't get there without navigating a slew of challenges.
Disney+ now lets you watch movies with friends no matter where you are
The "GroupWatch" feature allows a user to invite up to six other subscribers to watch together. Each user has the ability to pause, play, rewind or fast forward for the whole group, keeping everyone connected.
Amazon unveils a way to pay with just your hand in stores
The palm-scanning technology, called Amazon One, connects shoppers' palm to a credit card to let them pay without waiting in line.
Spotify CEO backs Tesla rival after pledging to invest over $1 billion in European ‘moonshots’
Daniel Ek, the founder and chief executive of Spotify, has invested in Swedish battery firm Northvolt, which is building a Gigafactory in the Arctic Circle.
Cambridge tech scene questions Nvidia’s commitment to an A.I. lab after $40 billion Arm deal
Academics in Cambridge are confused as to why they haven't heard anything from Nvidia about the artificial intelligence lab it plans to set up in the city.
Elon Musk says he likely will take Starlink satellite internet service public in 'several years'
SpaceX CEO Elon Musk reiterated the likelihood his private space company will likely IPO its Starlink satellite internet service.
Google to enforce 30% take from in-app purchases next year
The announcement brings Google Play's policies in line with Apple's App Store policies, which have come under fire from developers and regulators over several issues, including its own 30% cut.
Former Amazon manager made $1.4 million from insider trading, SEC alleges
The commission alleges that Laksha Bohra, who worked as a senior manager in Amazon's tax department, had access to confidential information from Amazon ahead of the company's quarterly and annual earnings reports.
Elon Musk: Tesla may be overvalued today, but I think it'll be worth more in 5 years
Tesla CEO Elon Musk said he thinks the company "will be worth more in 5 years" in an interview with Recode's Kara Swisher on her New York Times podcast "Sway."
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