SoftBank-backed startup Improbable outlines plan for metaverse to rival Microsoft, Meta
The company’s metaverse project, called MSquared, is more than a year in the making and would enable users to live, work and interact with each other virtually.
CNBC Technology
Reddit is in crisis as prominent moderators loudly protest the company's treatment of developers
Reddit moderators tell CNBC that company management has failed to engage with them in rolling out a huge price increase for developers.
Binance to exit the Netherlands after failing to obtain regulatory approval
Binance said that it can no longer serve Dutch clients "as we have been unable to register as a VASP [virtual asset service provider] with the Dutch regulator.
Musk is 'changing the way we think about risk': Satellite incumbent plans fightback against Starlink
Eutelsat CEO Eva Berneke is betting on a massive acquisition of a British firm called OneWeb to turn around the company's fortunes.
Top EU official urges more countries to ban China's Huawei, ZTE from 5G networks
EU commissioner Thierry Breton called on more member states to remove Huawei and ZTE from their 5G networks, citing national security risks.
Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media
GoDigital, a little-known conglomerate, wants to buy Vice Media and infuse the edgy media company with its culture of happiness.
SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO
Zopa told CNBC exclusively it has hired Peter Donlon, the former chief technology officer of online card retailer Moonpig, as its CTO.
Chinese Tesla rival Xpeng gets approval to roll out driver-assist tech in Beijing
Chinese electric car brand Xpeng announced Thursday it received approval to start rolling out assisted driving tech to users in the nation's capital city.
EU charges Google with anti-competitive practices in ad tech business
The European Union on Wednesday charged Google with breaching antitrust rules in advertising technology, known as adtech.
Alibaba founder Jack Ma is 'alive' and 'happy,' top exec says after China's tech crackdown
There is continued interest in Alibaba founder Jack Ma's whereabouts after he and his empire were the target of an intense regulatory crackdown by China.
Elon Musk met with Italy prime minister to talk A.I., birth rates, as hunt for new factory location continues
Elon Musk's meeting with Italy Prime Minister Giorgia Meloni comes as leaders in Europe attempt to woo the Tesla boss into investing in their countries.
Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan
Before he bought Twitter, Musk remarked, "I hope that even my worst critics remain on Twitter, because that is what free speech means."
Disney finance chief Christine McCarthy to step down as Iger reshapes the company
McCarthy emerged as a pivotal figure in the upheaval last year that saw Bob Iger return as CEO, ousting Bob Chapek.
Chief of staff to new top Democrat on antitrust subcommittee lobbied for Apple, Amazon
Lou Correa's selection for the role marks a shift from the leadership of former Rhode Island Democratic Rep. David Cicilline's stewardship of the subcommittee.
Bitcoin briefly drops below $25,000, Tether's stablecoin falls under its dollar peg
Cryptocurrency prices plunged after the Federal Reserve's June meeting, with bitcoin falling below $25,000 for the first time since March.
Russian ransomware hacker extorted millions from U.S. businesses, prosecutors say
Ruslan Magomedovich Astamirov allegedly used the LockBit ransomware-as-a-service to target five businesses before his arrest by federal law enforcement.
U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024
Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried.
Alibaba to launch local versions of its China e-commerce site in Europe
Launching Tmall in Europe reflects a significant shift in strategy for Alibaba in its international e-commerce operations.
Tesla's U.S. electric vehicle market share will drop to 18% by 2026, BofA estimates
BofA expects the market to shift significantly from new entrants, such as Tesla, to incumbent automakers.
Artificial intelligence is not yet as smart as a dog, Meta A.I. chief says
Meta's AI Chief Yann LeCun said in the future there will be machines that are more intelligent than humans but they should not be seen as a threat.
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