CNBC Technology

The U.S. government wanted a technology provider as the lead bidder on a deal for TikTok, pushing Walmart toward Microsoft and away from a consortium with SoftBank and Alphabet.

Selling through the Amazon marketplace was "hard to give up, sort of like smoking," said Powell's CEO Emily Powell. But when Amazon prioritized essential supplies over books in the early days of the coronavirus pandemic, that sealed the deal.

Walmart said TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets."

District of Columbia Attorney General Karl Racine is suing Instacart, claiming the grocery delivery service deceived customers into thinking that an optional service fee would be used as a tip for workers.

Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.

TikTok's suitors include Oracle and joint bid by Microsoft and Walmart.

Amazon will track everything from physical activity to sleep. It is also bringing some new features to the market, including technology to measure users' body fat percentages and emotional states.

Klarna is mostly known for its "buy now, pay later" scheme that offers shoppers interest-free financing over a period of installments.

TikTok CEO Kevin Mayer has quit the company just months after his appointment.

New Zealand's Exchange said it experienced a DDoS (distributed denial of service) attack from overseas through its network service provider on Tuesday and reportedly on Wednesday.

Microsoft's deal talks with TikTok "ballooned" this summer after President Donald Trump intervened, according to a report from The New York Times.

Last week, Amazon voiced conditional support for a new California consumer protection bill.

Salesforce reported blowout earnings on Tuesday, and then informed about 1,000 employees that their jobs are being eliminated.

Facebook on Wednesday said it removed the Facebook page and Facebook event for a militia group in Kenosha, Wisconsin, following the killing of two people during protests over the police shooting of Jacob Blake, a Black man.

Bezos' wealth has climbed alongside Amazon's rising stock price, as he remains its largest shareholder.

With Wednesday's share move, Salesforce stock is up 66% year to date.

An adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average.

Palantir's decision to relocate from Palo Alto to Denver is one of the first signals that a long-anticipated exodus from Silicon Valley is on the horizon

In Palantir's filing to go public on Tuesday, CEO Alex Karp said the "engineering elite" of Silicon Valley do not know "how society should be organized or what justice requires."

Apple says it is planning to open "soon" a new Apple Store in Singapore that appears to float on the water.