Google hit by second UK antitrust probe into online ad dominance
The U.K.'s competition regulator is assessing whether Google's role in the ad tech industry may be distorting competition.
CNBC Technology
Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs
The layoffs highlight a broader shift in investor sentiment toward high-growth tech companies.
French billionaire's stake in BT probed under Britain's tough new security law
The U.K. government now has the power to intervene in deals that have the potential to threaten national security.
As Klarna cuts jobs, rival fintechs say they're recruiting for hundreds of roles
As Klarna plans to lay off 10% of its workforce, rival fintech firms Revolut and Wise say they're hiring for hundreds of open roles.
Apple says it will raise pay for corporate and retail employees in tight labor market
Apple's move comes after Google, Amazon, and Microsoft have made changes to their compensation structures in recent weeks to pay workers more.
Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
In a letter to investors backing the holding company that Musk is forming to take Twitter private, he expressed his commitment to completing the deal.
Nvidia stock falls on light guidance, CFO says company will slow hiring
The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.
Twitter shareholders vote to boot Silver Lake co-CEO Durban, a longtime Musk backer, from board
Egon Durban of private equity firm Silver Lake is losing his seat on the Twitter board as the company navigates a tumultuous takeover deal with Elon Musk.
Amazon CEO Andy Jassy says he's focused on returning to 'healthy' level of profitability
Jassy spoke at Amazon's annual shareholder meeting on Wednesday, his first since becoming CEO in July.
Snowflake stock falls as executives forecast a narrower margin than expected
Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.
Elon Musk backs 'tight' background checks for all gun sales in wake of mass shooting in Texas
Tesla and SpaceX CEO Elon Musk told CNBC that he believes in tighter background checks for gun owners after the mass shooting in Texas.
Apple discourages retail employees from joining unions in internal video
The missive to employees is the clearest sign so far that the company is against employees entering into collective bargaining agreements.
SEC's Hester Peirce says the U.S. has dropped the ball on crypto regulation
The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce.
Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse
Backers of Terra have voted to revive the failed cryptocurrency venture without its controversial UST stablecoin.
Early Tesla investor DBL Partners leads $70 million investment in logistics firm Airspace
Airspace, a time-critical shipping start-up focused on AI for logistics, has doubled its venture funding in a round led by early Tesla investor DBL Partners.
Klarna to lay off 10% of its workforce as souring economy hits buy now, pay later space
The Swedish buy now, pay later firm is reportedly looking to raise fresh funding in a round that will reduce its valuation by a third.
Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says
The SEC alleges Ripple, CEO Brad Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP.
Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market
Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a downturn.
Nearly one in five Amazon delivery drivers suffered injuries in 2021, study finds
A coalition of labor unions analyzed data submitted by Amazon and contracted delivery firms to OSHA in 2021.
Democrats urge Google to stop collecting location data that could be used to identify people seeking abortions
The letter comes after a Supreme Court draft decision that would reverse Roe v. Wade was published by Politico.
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