China remains the world's largest e-sports market despite gaming crackdown
China remains the largest single-country market in the world with $403.1 million in e-sports revenue in 2021, Niko Partners said in a report published Thursday.
CNBC Technology
For bitcoin to bottom here's what the market wants to see — and it could mean a further 30% drop
Industry players said a better macroeconomic picture, certain trading patterns and further deleveraging could help bitcoin and the crypto market find a bottom.
Pinterest shares soar after report that Elliott Management has acquired a 9% stake
Pinterest shares jumped in extended trading on Thursday after a report said Elliott Management has accumulated a stake of more than 9% in the company.
How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills
Alex Laskey and Dan Yates started energy efficiency company Opower, took it public, and later sold it to Oracle. They also saved consumers a lot of money.
Amazon says more than 300 million items sold during 'biggest' Prime Day event
Soaring inflation didn't appear to deter consumers from the event, in which home goods, consumer electronics and Amazon-branded devices were top sellers.
SEC letter to Musk questions tweet about Twitter acquisition
Twitter sued Musk in Delaware Chancery Court on Tuesday to seek to hold him to the original agreement.
World's largest chipmaker TSMC posts record profit allaying fears over semiconductor headwinds
Despite strong Q2 results, TSMC CEO CC Wei said that some of the company's capital expenditure would be "pushed out into 2023."
Twitter outage impacted users around the world Thursday morning
The crash-tracking site Downdetector logged more than 54,000 reports of errors with both the website and the app as of shortly after 8 a.m. Eastern Time.
Embattled crypto lender Celsius files for bankruptcy protection
Celsius made headlines a month ago after freezing customer accounts, blaming "extreme market conditions."
Apple's new MacBook Air is a near-perfect update, but don't rule out the older model
Apple's new $1,199 MacBook Air, with its latest processor, the M2, launches Friday. It's the MacBook most people should buy.
New York judge freezes assets of Three Arrows Capital as crypto firm's founders remain underground
A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital.
This ‘crypto winter’ is unlike any downturn in the history of digital currencies. Here's why
A price crash, the collapse of key crypto projects, interconnected loans and the inability to repay debt have been key features of the latest downturn.
Richard Branson takes a stake in Lightyear, a start-up hoping to become Europe's answer to Robinhood
Lightyear, a stock trading app based in the U.K., has raised $25 million in fresh funding to expand its presence across Europe.
Tesla AI leader Andrej Karpathy announces he's leaving the company
Big changes are afoot within Tesla's Autopilot unit as AI leader Andrej Karpathy announces he's no longer working for the company.
Netflix partners with Microsoft on ad-supported subscription plan
The streamer announced in April that it was planning on rolling out an ad-supported tier after years of resisting the move.
Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
The Panasonic plant will reportedly supply Tesla, whose demand for batteries is increasing as it ramps up production.
Unity shares down 13% on lowered 2022 guidance, merger agreement with IronSource
Unity shares sank 13% in premarket trade Wednesday after it announced merger agreement with IronSource and lowered 2022 guidance.
Google CEO Pichai says company will slow hiring through 2023 in memo to employees
Sundar Pichai, Google's CEO, told employees that the company will slow the pace of hiring and investments through next year.
IPO market stays dormant as Justworks and Fresh Market withdraw their filings
The IPO market has been largely frozen this year as investors flee risk. That doesn't appear to be changing anytime soon.
Bill Gates donates $20 billion to personal foundation as it works to ramp up spending
The donation brings the foundation's endowment to about $70 billion.
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