Bitcoin falls under $50,000 following hotter-than-expected inflation data
Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading.
CNBC Technology
London lags behind rest of Europe when it comes to 5G network quality, report finds
London ranks 10th for 5G quality of experience in Europe, according to a new report from fixed and mobile network benchmarking firm MedUX.
Indonesia's GoTo denies merger talks with ride-hailing rival Grab
Indonesian tech giant GoTo in a Tuesday filing said it is "not having any discussion on such matters."
Airbnb reports better-than-expected revenue and beats on guidance
Airbnb reported 17% revenue growth for the fourth quarter and provided an optimistic forecast for the current period.
Jeff Bezos sells more than $2 billion in Amazon stock
The sales come a few days after he disclosed a separate sale of Amazon stock worth more than $2 billion.
Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.
Nvidia is now worth more than Amazon thanks to the AI chip boom
Nvidia surpassed Amazon in market capitalization on Tuesday.
Shopify shares down after company reports light guidance
Shopify's quarterly results topped estimates, but guidance for the current period was light.
Arm shares jump 29% as post-earnings rally extends to second week
Arm's strong growth forecast has led investors to declare it an artificial intelligence darling.
Arm shares surge 48% after SoftBank-controlled chip designer issues strong forecast
Shares of Arm climbed 48% on Thursday after the company reported better-than-expected earnings and a strong forecast.
Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules
Apple's iMessage and Microsoft's Bing and Edge browsers should not be listed as "gatekeepers" under the EU Digital Markets Act, the European Commission said.
Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein
Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
Bitcoin extends its gains, breaking through the $50,000 level
Bitcoin extended its gains from last week, breaking through the key psychological level of $50,000.
Elon Musk must testify in SEC probe of his Twitter takeover, judge says
A judge ordered Elon Musk to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter.
As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: Full repayment
Fifteen months after FTX filed for bankruptcy, customers are being told they could be repaid in full.
Microsoft's AI growth is helping its cloud business weaken Amazon's lead
Microsoft's cloud is growing significantly faster than Amazon Web Services of late, thanks in part to its cozy OpenAI relationship.
Digital banking giant Revolut is launching phone plans for travelers in the UK
Digital banking startup Revolut is launching travel eSIM plans in the U.K. that give users access to data abroad without suffering roaming charges.
Biden campaign debuts official TikTok account, but app is still banned on most government devices
The TikTok account, with the handle "@bidenhq," debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S.
China e-commerce player Temu is about to run its second Super Bowl ad — and do $10 million in giveaways
It's rare for a Chinese firm to buy a Super Bowl ad spot, which costs millions of dollars, but Temu already ran its first Super Bowl commercial last year.
Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
Airbnb's sprawling marketplace enabled an arbitrage business to illicitly operate and attract investors in the process.
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