Amazon poaches former Uber manager to grow its e-bike delivery team in New York City
The company has expanded its investments in last-mile delivery via vans, self-driving robots and drones.
CNBC Technology
TikTok relying on Trump to back off original demand to sell U.S. business and approve Oracle deal
TikTok is banking on Trump moving off public comments about a full sale to avoid a ban with its Oracle proposal.
Unity is seizing control of IPO pricing from bankers, a rare move that could limit first-day pop
As Unity prepares for its stock market debut this week, CEO John Riccitiello will be making the decision on where the shares price, taking control from bankers
Nikola rebuts fraud claims but acknowledges that its truck wasn't driving itself
The company said there were "dozens" of inaccurate allegations in a report by a short-selling firm.
DraftKings surges after announcing ESPN deal
Shares of DraftKings jumped after the company announced a partnership with ESPN.
Tesla shares jump more than 12% amid tech rebound, Goldman comments
Shares of Tesla moved higher on Monday, amid a broad rally in the technology sector.
Oracle stock surges after it confirms deal with TikTok-owner ByteDance
Microsoft announced that ByteDance has decided not to sell it TikTok's U.S. assets
Palantir discloses diluted share count, suggesting valuation north of $20 billion at high end
Palantir waited until its third updated prospectus to disclose a fully diluted share count, which lifts the valuation.
Verizon to buy wireless services provider Tracfone in $6.25 billion deal
Verizon Communications said it will buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal.
YouTube announces TikTok competitor in India, where TikTok is banned
YouTube on Monday unveiled Shorts, a short-form video feature that's aiming to directly compete with TikTok.
Oracle confirms deal with TikTok-owner ByteDance to become 'trusted technology provider'
The deal could make Oracle a bigger force in advertising and make it more relevant to young consumers.
Nvidia to buy Arm Holdings from SoftBank for $40 billion
SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.
Wall Street has wanted an Apple bundle for years — soon it might get one
If Apple One launches this fall, Wall Street investors and analysts will be happy: An Apple bundle has been on investor wish lists for years.
Nvidia's Arm takeover sparks concern in the UK, co-founder says it's 'a disaster'
British chip designer Arm is set to be acquired by rival Nvidia for $40 billion but Arm's co-founder isn't happy about it.
Google aims to run on carbon-free energy by 2030
Alphabet's Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.
Uber fights London ban in court for a second time
Uber is expected to argue that it has addressed concerns raised by the local transport regulator, TfL, over the safety of its service.
Amazon to hire 100,000 more workers in its latest job spree this year
Amazon.com on Monday said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic.
Chinese internet firms have less to lose than telcos when it comes to U.S. threats, analyst says
Some of China's top internet companies are publicly listed on Wall Street, including Alibaba, JD.com and NetEase but make comparatively less revenue from the U.S. market.
China wants its semiconductor industry to catch up with the U.S. — but that won't be easy
As the U.S. puts pressure on China's technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges.
The West Coast is suffering from some of the worst air in the world — these apps show how bad it is
After skies turn back to blue from smoke-darkened gray and orange, people are obsessively checking air quality maps online to see if it's safe to breathe without a filter.
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