Apple hits record high ahead of VR headset unveiling
Apple shares hit a new record high Monday as the company prepares for its annual developer conference, WWDC.
CNBC Technology
Why Apple's VR headset could succeed where every similar product has failed
On Monday, Apple is expected to announce its first new major product line since it unveiled the Apple Watch in 2014.
RFK Jr.'s presidential bid gains boost from Silicon Valley elite
Block CEO Jack Dorsey endorsed Kennedy on Twitter on Sunday, while Twitter owner Elon Musk invited the contender to a live audio discussion on the platform.
The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside
Take a look inside the lab and factory of Boston Metal, the green steel startup that has attracted attention from the World Bank and ArcelorMittal.
Democrats warn Musk after Twitter safety execs leave
Last week, two Twitter executives departed: Ella Irwin, head of trust and safety, and A.J. Brown, head of brand safety and advertising quality.
Spotify lays off 200 employees, or about 2% of its workforce
The streaming company said the layoffs were part of a pivot toward a more tailored partnership approach with podcast creators.
The rise of Albemarle, the world's largest lithium producer
The lithium-ion battery supply chain, from mine to market, is expected to grow more than 30% annually from 2022 to 2030, when it could reach $400 billion.
Billionaire Tom Siebel faces tumult at C3.ai as investor lawsuit, short sellers question metrics
Tom Siebel, who became a billionaire after selling Siebel Systems to Oracle in 2006, now faces a investor lawsuit and short sellers at AI software vendor C3.ai.
Elon Musk and Twitter face growing brand-safety concerns after execs depart
High-level Twitter employees tasked with brand safety have left, creating a potentially bigger problem when it comes to policing hate speech.
California Democrat who opposed anti-tech bills is top contender for key role on antitrust subcommittee
If Rep. Lou Correa ascends to the role, it would be a stark reversal in attitude at the top of the subcommittee that has sought to rein in Big Tech power.
Tech stocks close out first six-week rally since January 2020
The Nasdaq Composite rose 2% this week, boosted by a big rally in Tesla and an earnings from software maker MongoDB.
YouTube will stop removing false claims about 2020 election fraud
The new rule will go into effect Friday, June 2.
Crypto bill from Republicans lays out clear roles for SEC and CFTC
The bill introduced by Reps. Patrick McHenry, R-N.C., and Glenn Thompson, R-Pa., would more clearly define the SEC's and CFTC's spheres of influence.
Telecom stocks fall on report Amazon considers launching mobile service for Prime members
A mobile plan could serve as an attractive hook for Amazon to lure in more Prime subscribers.
Google says Gmail on your phone just got a lot faster thanks to A.I.
Google announced an AI update for search within Gmail. AI models will now deliver "top results" for queries.
Diamond Sports must pay four MLB teams in full, bankruptcy judge says
A bankruptcy judge said Diamond Sports must make full rights payments to MLB's Diamondbacks, Guardians, Rangers and Twins.
Twitter trust and safety chief Ella Irwin resigns
Irwin's departure comes after months of difficulties in stemming objectionable content, and on the same day as a controversial video from a conservative outlet.
Meta will require employees to return to the office three days a week starting in September
Meta is the latest company to requir employees to work from corporate offices at least three days a week.
MongoDB shares jump more than 20% after database company beats expectations and raises guidance
MongoDB flagged continued scrutiny over technology spending, but acquired more clients than analysts had expected during the quarter ending April 30.
Meta says it will block news on Facebook in California if recently advanced bill becomes law
The California Journalism Preservation Act still needs to be approved by the state Senate and signed by Democratic Gov. Gavin Newsom to become law.
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