Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
At the RSA Conference this week, security software companies were grappling with soaring attacks and the new realities of the capital markets.
CNBC Technology
Klarna CEO defends business despite massive losses and layoffs
The fintech reported a loss of $748 million last year and last month announced that it was laying off around 10% of its workforce.
A.I. gurus are leaving Big Tech to work on buzzy new start-ups
Artificial intelligence workers are quitting top jobs at companies like Google, Meta, OpenAI and DeepMind and joining a new breed of start-ups.
Bipartisan privacy proposal is 'unworkable and should be rejected,' Chamber of Commerce says
In a draft letter obtained by CNBC, the Chamber of Commerce urges congressional leaders not to move forward with the American Data Privacy and Protection Act.
It's not Apple or Tesla, but Inrix has data from 500 million vehicles taking transportation into the future
Inrix is a transportation software company working on a world of autonomous vehicles and zero accidents, zero fatalities and carbon neutrality.
DocuSign shares crater after first-quarter earnings miss
DocuSign has struggled this year alongside the rest of the cloud software sector.
Alibaba shares drop 8% after Jack Ma's Ant Group and regulator squash talk of revived IPO
The planned IPO of Ant Group, which is controlled by billionaire Alibaba founder Jack Ma, was pulled in November 2020 after regulators flagged concerns.
John Kerry says clean energy transition is the largest market the world has ever seen
John Kerry said the clean energy transition is a massive opportunity and one the U.S. is not taking as seriously as many other nations in the world.
Amazon will let you try on digital versions of shoes you want to buy
Amazon on Thursday rolled out a new virtual shopping tool that uses augmented reality technology to let users try on shoes before they buy them.
Microsoft is bringing Xbox Game Pass cloud streaming to smart TVs, so users don't need a console
More gamers will be able to access Microsoft's Xbox without having to buy consoles.
Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035
It takes the EU a step closer to its goal of cutting emissions from new passenger cars and light commercial vehicles by 100% in 2035.
Ethereum just completed a successful dress rehearsal for its most important upgrade ever
Ethereum wrapped up its first big dress rehearsal for a long-awaited makeover that's been repeatedly pushed back for the last several years.
Biden announces standards to make electric vehicle charging stations accessible
The standards are part of the White House's plan to allocate $5 billion to states to fund electric vehicle chargers during the next five years.
A wholly owned subsidiary of Apple will extend loans for its Pay Later service
When iOS 16 launches this fall, users will be able to buy products with Apple Pay and pay the balance off in four equal payments over six weeks.
Amazon consumer chief Dave Clark to join Flexport as its new CEO
The news comes just a few days after Clark announced he plans to resign from his role at Amazon effective July 1 after more than two decades at the company.
New York’s financial watchdog issues stablecoin guidance, calls for reserve requirements and audits
New York's toughest financial regulator issued formal guidance Wednesday clarifying its expectations for stablecoin issuers.
HoloLens creator Alex Kipman leaving Microsoft after misconduct claims
Kipman will help the teams transition over the next two months.
Amazon sellers reject efforts by an executive to rally their opposition to Big Tech antitrust bill
Sellers said they were skeptical of Amazon's framing of the bill, which seeks to overhaul U.S. antitrust laws and attempts to reel in the power of Big Tech.
Stripe co-founder hits back at rivals accusing the company of unfair competition
John Collison, Stripe's president, said he's "pretty unapologetic" about decisions to launch similar features to rival fintech firms.
Shares of Chinese EV maker BYD jump after exec says company is set to supply batteries to Tesla
A senior executive at China's BYD said during a Chinese state media interview that the firm is poised to supply Tesla with batteries "very soon."
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Subscribe to CNBC Technology feed
#channel