Shares of Cyberpunk 2077 publisher surge after announcing a slew of new games
In a strategy update Tuesday, CD Projekt revealed a slew of new titles currently in development, including a sequel to Cyberpunk 2077 codenamed "Orion."
CNBC Technology
Apple reportedly in talks to make AirPods and Beats headphones in India
Apple has asked suppliers to begin making some of its AirPods and Beats headphones in India as early as next year, according to a Nikkei Asia report Wednesday.
Florida hedge fund could reap around $200 million from big arbitrage bet on Twitter
A Florida-based hedge fund made Twitter one of its top holdings in the second quarter, when the stock was trading well below Elon Musk's offer price.
Hacktivists seek to aid Iran protests with cyberattacks and tips on how to bypass internet censorship
Anonymous and other hacking groups have organized online to orchestrate cyberattacks on Iranian officials and institutions.
TSMC shares jump 5% after Morgan Stanley says the chipmaker is a 'top pick'
"We anticipate a semiconductor cycle recovery in 2H23 and suggest bargain-hunting in quality stocks right now. TSMC is our top pick," the investment bank wrote.
Micron to spend up to $100 billion to build a computer chip factory in New York
The announcement comes after the passage of the CHIPS and Science Act of 2022, a $52 billion federal law encouraging more domestic semiconductor production.
Trump SPAC shares slide after Elon Musk revives deal to buy Twitter
Shares of the SPAC set to take Trump Media public slid after Elon Musk revived deal to buy Twitter.
Amazon axes Glow video-calling device for kids
The Amazon Glow enabled kids and family members to chat remotely and play games using a touchscreen projected by the device.
Amazon freezes corporate hiring in its retail business
Tech companies have announced layoffs, hiring freezes and cost cutting efforts amid fears of an economic downturn.
Twitter shares surge 22% after Elon Musk revives deal to buy company at original price
Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.
Bankrupt crypto lender Celsius loses another top executive and co-founder, internal memo says
S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.
Streaming bundles are forming, but don't expect a cable TV-like package any time soon
It's easy to say streaming will morph into cable-like bundles, but business realities are working against the concept.
Facebook is selling new types of ads on Instagram and Messenger as revenue declines
Meta is debuting new ad inventory across Facebook and Instagram and rolling out additional Messenger ad tools
Apple iPhone and other devices may be forced to use a common charger after EU lawmakers approve rule
European Parliament approved a rule which, if passed, would mean all electronic devices sold in the EU must be equipped with USB Type-C charging capabilities.
Rivian says it's on pace to meet 2022 goals after production grew 67% in the third quarter
Rivian built over 7,000 electric vehicles in the third quarter, its best quarterly total yet, as it remains on track to make 25,000 in 2022.
South Korea's Naver to buy U.S. e-commerce site Poshmark for $1.2 billion
The companies said the deal will deepen Naver's reach in online retail, while allowing Poshmark to expand into international markets.
Apple supplier Foxconn says it is 'cautiously positive' on Q4, adding to debate over iPhone 14 demand
Foxconn reported record revenue for September on the back of strong demand for Apple's iPhone 14, but said it is "cautiously positive" for the fourth quarter.
Samsung aims to make the world's most advanced chips in 5 years, as it plays catch up with TSMC
Samsung said it will start making chips with a 2 nanometer process in 2025 and 1.4 nanometer process in 2027, in a bid to catch up with market leader TSMC.
Mastercard pushes deeper into crypto with new tool for combating fraud
Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
Tesla delivered 343,000 vehicles in the third quarter of 2022
In the third quarter of 2022, Tesla faced soaring commodity prices, executive turnover, and growing pains at its new factories in Germany and Texas.
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