Airbnb reports continued deceleration in nights and experiences booked
Airbnb said that nights and experiences booked grew 11%, missing estimates. But the number improved in June in comparison with April, the company said.
CNBC Technology
Etsy shares plunge 13% on weak guidance
The company forecasted third-quarter revenue and gross merchandise sales that fell short of consensus estimates.
Microsoft is touting the size and growth rate of its Salesforce rival Dynamics
Dynamics grew faster than almost all other parts of Microsoft in the latest fiscal year, and the company is now giving investors more clarity on its size.
Warner Bros. Discovery loses subscribers after Max launch, but makes headway on debt paydown
Warner Bros. Discovery reported second-quarter results that fell below Wall Street expectations and revealed decreasing subscriber totals.
New York man admits to Bitfinex hack during guilty plea to bitcoin money laundering
Plea hearings for the the Crypo Couple were moved up due to the arraignment of former President Donald Trump in the same Washington, D.C., courthouse.
Apple expected to post third consecutive down quarter, but its forecast is more important
Apple is expected to post its third consecutive quarterly revenue decline when it reports earnings after the bell on Thursday.
Waymo's robotaxis coming to Austin, Texas
Waymo, the Alphabet-owned autonomous vehicle company, will begin offering its ride-hailing services in Austin, Texas, according to a Wednesday announcement.
Qualcomm stock drops 10% as phone chip sales dive
The chipmaker beat on the top line but reported weaker-than-expected revenue and upcoming guidance, following a sharp downturn in income.
How layoffs and A.I. are impacting tech workers
After years of unstoppable growth, big tech’s pandemic bubble burst forcing tech companies to trim their rosters
Chinese tech giant Alibaba challenges Meta with open-sourced A.I. model launch
In April, Alibaba launched its large language model (LLM) called Tongyi Qianwen as it looks to get in on generative AI.
AMD says India is a key market for keeping up with the growing demand for high-tech chips
India is an important market for AMD to stay pace with the growing demand for its products, the firm's CTO told CNBC on Thursday.
Super Mario movie and Zelda game breathe fresh life into Switch as Nintendo posts a 52% profit surge
Nintendo's June quarter revenue was boosted by the success of the "Super Mario Bros. Movie" and the the popularity of its latest Zelda game for the Switch.
Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
Food delivery apps Grab and Foodpanda are offering dine-in features as consumers resume their normal daily routines and go out and dine in more frequently.
Qualcomm sales and forecast come up light as smartphone chip sales fall 25%
Qualcomm is exposed to the slumping smartphone industry because it makes the processors at the heart of most high-end Android devices.
AMD forecast, U.S. credit downgrade drags down chip stocks
Chip stocks dipped Wednesday, after AMD reported a gloomy forecast that may have spooked investors across the sector.
Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won't be easy
Disney CEO Bob Iger has enlisted the help of two former Disney executives to figure out the best plan forward for ESPN.
Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds
Sam Bankman-Fried and his crypto hedge fund Alameda Research benefitted from the fake bot activity on Twitter, which drove up the prices of several altcoins.
Amazon opens Fresh grocery delivery to people without Prime
Amazon's perk was limited to members of its $139-a-year Prime service.
Shares of Chinese Tesla rival Xpeng fall 5% after head of autonomous driving resigns
Xinzhou Wu, vice president of autonomous driving at Xpeng, has tendered his resignation "for personal and family reasons," the company said in a statement.
iPhone maker Foxconn to invest $600 million into phone and chip project in India
Foxconn is looking to diversify its business beyond China at a time when India is trying to bring high-tech manufacturing to its shores.
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