CNBC Technology

Lyft reports its first-quarter results on Wednesday after the bell.

CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019.

The Sonos Arc launches on June 10 for $799. It has eight woofers and three tweeters, which should provide more than enough bass and sound for most living rooms.

The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions.

The board includes a former Prime Minister of Denmark and several former journalists.

It's a tough time to announce new products. Like Apple, which recently announced lots of new products, Microsoft wasn't able to hold a splashy press event to talk about its new gadgets. And, with stores closed around the country, people can't really see them in person before making a decision.

Short-term rental hosts are launching their own direct-booking websites in an effort to diversify their business after years of mounting frustrations with companies such as Airbnb.

Airbnb is one of the many businesses in the travel industry that has been hit hard by the coronavirus pandemic. In March of 2017, Airbnb was valued at $31 billion, but by the end of April 2020 that value dropped to $18 billion. With the threat of more cancelations as the pandemic halts travel, guests, hosts and investors alike are left asking what Airbnb will look like after the novel coronavirus, or whether the company will survive at all.

The streaming service pulled the episode hours after CNBC brought it to the company's attention, but Apple is yet to pull the same podcast.

The PwC app is a preview of technology that large companies could deploy as employees return to work as Covid-19 lockdowns ease.

In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup.

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.

Kingsoft Cloud's IPO comes amid a tough stock market environment due to the coronavirus pandemic and as scrutiny of Chinese listings in the U.S. intensifies following revelations of fraud at coffee chain Luckin Coffee.

Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns.

Conservative estimates indicate that U.S. hospitals are losing more than a billion dollars per day by complying with the guidance from policymakers and the leading medical associations to preserve resources for Covid-19 patients.

Shanghai Disneyland will reopen to the public in less than a week, the company said during an earnings conference call on Tuesday.

Disney isn't giving up on movie theaters in the wake of the coronvirus pandemic, but it's going to carefully evaluate its options going forward.

The report comes amid the pandemic keeping people home and in need of entertainment.

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.

Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.