Founded in 2010, Coupang has become the biggest online retailer in South Korea with its cheap, fast delivery. The SoftBank-backed start-up, recently valued at $9 billion, garnered the No. 2 spot on CNBC's 2020 Disruptor 50 list.
Databricks, whose software helps companies process large data sets, has grown rapidly while also cutting costs to prepare for an economic downturn. The company made CNBC's 2020 Disruptor 50 list after reaching $200 million in annualized recurring revenue last year, it was announced Tuesday.
TikTok is the most downloaded app of 2020. Quarantines have spurred millions of new users to hop on board and learn about the latest dance trends and memes, but the app also faces a slew of regulatory hurdles, privacy concerns and allegations of censorship tied to its Chinese ownership. Experts say these issues will be the first priority for the company's new CEO, Kevin Mayer.
The European Commission, the executive arm of the EU, said it will assess whether Apple's rules for app developers on the distribution of apps via the App Store breach EU competition rules.
The 2020 CNBC Disruptor 50 list reveals how the most innovative digital-first firms have been able to gain a competitive advantage in areas of work, education and commerce. An edge that may prove long-lasting.
Though advertising has taken a whalloping in recent months as a result of the pandemic, a new forecast says the impact on U.S. ad spending won't be quite as dire as they were during the financial crisis.
CNBC reveals the 2020 Disruptor 50 list, identifying start-ups on the cutting edge of huge consumer, technology and business shifts — and already worth billions.
A change in rule by the U.S. Department of Commerce is significant because it means American firms will be able to have a seat at the table in the formation of so-called standards, which are critical to how technologies work.
The Samsung Galaxy A71 5G will launch in the U.S. on Friday and costs $599.99, undercutting the OnePlus 8 by $100 to become the cheapest 5G phone in the U.S.
The study from Analysis Group comes a week before WWDC, Apple's annual conference, where it tries to persuade software developers to build apps for its platforms.
Federal prosecutors charged six former eBay employees with cyberstalking, alleging they attempted to "stifle" a couple who published a critical online newsletter.
Walmart was in the running to acquire PillPack in 2018, but Amazon put in a higher offer. Now it has bought the technology assets from CareZone, an Amazon-owned PillPack competitor.
Last month, Amazon resisted demands to make Bezos available for testimony, saying it would "make the appropriate executive available."
Checked
20 minutes 11 seconds ago
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.