Disney parks & products division returns to profit as theme park losses narrow, merchandise sales soar
Disney's theme park division posted its first profit since the pandemic began, the company reported Thursday.
CNBC Technology
Hackers return nearly half of the $600 million they stole in one of the biggest crypto heists
Hackers exploited a vulnerability in a protocol called Poly Network stealing more than $600 million worth of cryptocurrency.
Facebook delays return to office until January 2022 for U.S., some international employees
Facebook announced it will delay its plan to return U.S. employees to their office until January 2022 due to ongoing concerns with the Covid-19 delta variant.
Snap creators say they're leaving the app's Spotlight feature as payments dry up
Creators say they're leaving Snapchat's Spotlight feature, after payments on the service had dried up, and heading for TikTok, Instagram and YouTube.
Microsoft challenges NSA cloud contract reportedly awarded to Amazon
Amazon previously protested a high-profile Pentagon cloud contract that was awarded to Microsoft.
A UK grocery start-up founded just 8 months ago has already been snapped up by a bigger U.S. rival
U.S. grocery delivery firm Gopuff is acquiring British competitor Dija to expand into Europe.
Soccer superstar Messi is being partly paid in crypto by PSG
Lionel Messi's financial package at French soccer club Paris Saint Germain includes crypto tokens.
Verizon to offer free year of AMC+ to certain subscribers, adding to its stable of streaming promotions
Verizon is including up to one year of free AMC+ to certain 5G and Fios subscribers -- the third subscription streaming service Verizon will offer to customers.
Facebook's takeover of Giphy raises serious competition concerns, UK regulator says
The U.K.'s competition regulator announced Thursday that Facebook's acquisition of popular GIF website Giphy presents competition concerns.
Li Auto shares off to muted start in $1.5 billion Hong Kong debut
Li Auto sold shares at 118.00 Hong Kong dollar per share, raising the company 11.6 billion Hong Kong dollars ($1.49 billion).
Bipartisan bill targets Apple and Google's ability to profit from app stores
App developers have complained to Congress of unfair treatment by Apple and Google.
Electric air taxi start-up Joby Aviation surges in trading on NYSE after SPAC merger
Joby is the latest aviation start-up to pursue a SPAC deal.
Samsung announces two new phones with folding screens
Samsung's Galaxy Z Fold 3 5G and Galaxy Z Flip 3 5G can be ordered today and launch Aug. 27.
You can be taxed for buying a cup of coffee with bitcoin using a crypto credit card, but there are ways around it
Visa and MasterCard are trying to help users spend and earn bitcoin, but accountants say these crypto debit and credit cards can lead to confusing tax bills.
Fintech just saw an earnings bonanza, as Coinbase and Upstart report over 11-fold revenue growth
Across the fintech landscape, valuations are surging and revenue is growing at historic rates as consumers turn to digital apps for banking and investing.
Amazon opens its $1.5 billion air hub in Kentucky in latest push to speed deliveries
The hub will serve as the central nerve of Amazon's U.S. air cargo operations, allowing it to speed deliveries even further to more corners of the country.
Deliveroo doubled orders and trimmed losses in the first six months of 2021
Deliveroo reported orders of 148.8 million in the six months to June 30, up from 74.5 million in the same period a year ago.
SoftBank unit behind risky multibillion-dollar tech bets dumps Microsoft, Facebook, Alphabet and Netflix shares
SoftBank has offloaded shares of U.S. tech giants like Facebook, Microsoft, Alphabet and Netflix, according to its latest financial report.
Chinese gaming giant NetEase pushes for major overseas growth with new battle royale title
A top executive at Chinese tech giant NetEase lays out the company's plans for growing revenue overseas and dipping its toes into console and cloud gaming.
How the $1 trillion infrastructure bill will direct billions toward tech spending
The bill includes funding for broadband access programs, electric vehicle charging stations and cybersecurity.
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.
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