Tech companies have spent years and millions of dollars trying to diversifying their workforces. Still, an average of only 32% of employees at 10 major U.S. tech companies are women. Hispanic employees make up only 8%, Black employees represent only 7% and just 0.5% are Indigenous. These percentages do not represent the greater U.S. population. Why are tech companies still struggling to diversify their workforces and why is it important that they do so?
A growing list of companies are railing against Apple for allegedly anti-competitive rules in its App Store, the most recent being Fortnite maker Epic Games.
A former Uber executive was charged Thursday in federal court on allegations that he arranged to pay hackers $100,000 to cover up a high-tech heist that stole the personal information about 57 million of the ride-hailing service's users and drivers during 2016.
Facebook CEO Mark Zuckerberg this week testified at a Federal Trade Commission investigative hearing related to the federal agency's antitrust investigation into the tech company.
Warren Buffett says he never makes a Berkshire Hathaway investment based on climate, and he recently backed that up with a $10 billion acquisition of energy pipelines. Was the billionaire investor right?
Cryptocurrency bitcoin and Facebook-backed Libra could play different roles in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC.
Morgan Stanley said that over 68% of the iPhone install base in China is comprised of devices that are at least 2 years old, the highest level in four years providing "significant iPhone upgrade potential."
The company listed Denver as its headquarters on its company website, among the other cities and countries it operates in. It also updated its social media pages to reflect a Colorado move.
With help from the $7 billion Mellanox acquisition, Nvidia's data center business delivered more revenue than the company's gaming unit for the first time.
A Verizon executive told CNBC "the current value chain of the media business is not working. It's broken," as the wireless company makes new deal to provide Disney+, Hulu and ESPN+ to some wireless customers for no additional charge.
Investors have started seeing Apple's business less like other hardware makers and more like a software company, as indicated by Apple's quickly rising P-E ratio, which is now over 33.
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