Stripe, Shopify, H&M spend $7 million on carbon removal from a dozen new companies
The deal was facilitated by Frontier, a public benefit company started by payment processing company Stripe to accelerate the development of carbon removal tech.
CNBC Technology
Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
Here's the inside story of the executive chaos at Disney over the past few years — and how it could shape the fate of the iconic entertainment company.
Senate confirms Anna Gomez to FCC, breaking yearslong deadlock at the agency
Gomez's confirmation comes after a protracted battle to confirm Biden's initial pick for the commissioner seat, Gigi Sohn, ended with her withdrawal.
Stripe rival Adyen secures banking license in the UK
Adyen has acquired a banking license in the U.K., which enables its merchants to offer cash advances to small and medium-sized enterprises in the country.
Google will soon require disclosures for AI-generated election ads
Google created new disclosure rules for election advertisers that use AI in their messages or visuals.
Startup investors are fueling a boom in U.S. defense tech as China standoff opens doors at home
U.S. tech investors have looked inward as they see the increased risk that comes with investment in China, which was previously a growth market.
Microsoft and Paige are building the world's largest AI model for detecting cancer
Microsoft is teaming up with the company Paige to build the world's largest image-based artificial intelligence model for identifying cancer.
EU's crackdown on Apple, Meta and others is to avoid forced breakups, top official says
Big Tech is facing tighter scrutiny in the European Union, but officials want to avoid forcing them to break up parts of the business.
Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August.
Khosla Ventures backs effort to make orchards of lung-like material to absorb CO2 from air
Khosla Ventures backs Spiritus, a carbon removal company coming out of stealth with a material and that passively absorbs carbon dioxide from the air.
Amazon lawsuit from FTC expected as soon as this month — here's what's at stake
A challenge to Amazon's alleged monopoly could result in a breakup of the more than trillion-dollar business, should the FTC file the lawsuit and win in court.
SpaceX is not yet cleared for another Starship Super Heavy test flight, FAA says
FAA says SpaceX not yet cleared for another Starship Super Heavy test flight
Tencent releases AI model for businesses as competition in China heats up
Dowson Tong, CEO of the cloud and smart industries group at Tencent, spoke with CNBC's Emily Tan in an exclusive interview ahead of a big AI reveal.
U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead
Lucid is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC.
Warner Bros. Discovery CEO David Zaslav says writers, actors strikes need to end as media industry is in a transitional moment
The media industry needs to do everything it can to end the writers and actors strike, Warner Bros. Discovery CEO David Zaslav said Wednesday.
Flexport CEO Dave Clark resigns from logistics startup after one year in the role
Dave Clark joined Flexport from Amazon, where he headed up the company's consumer business.
Apple and Arm sign deal for chip technology that goes beyond 2040
Apple has secured access to a core piece of intellectual property, the Arm architecture, used in its iPhone and Mac chips, for the foreseeable future.
Roku stock jumps after company says it will lay off 10% of workforce
Roku said in a regulatory filing Wednesday that it will be laying off 10% of its workforce, or 360 people, as it raised its guidance for the third quarter.
Microsoft gaming chief Phil Spencer says Starfield is seeing 'huge demand'
Microsoft's Phil Spencer told CNBC on Wednesday that the new Starfield game is going to be available to "hundreds of millions of people."
Inside the turmoil at Appen, the former AI darling that's reeling from executive exits, big losses
Appen helped train artificial intelligence models for Google, Microsoft and Amazon, but the company now faces deteriorating financials and executive departures
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