Xiaomi raises $1.2 billion in debt as Beijing targets the tech sector
Xiaomi, the world's third-largest smartphone maker, has continued to expand globally and is looking at breaking into new areas like electric vehicles.
CNBC Technology
Microsoft's lead director says CEO Satya Nadella 'earned the right' to be chairman, too
Microsoft's performance under CEO Satya Nadella more "than anything else" is why Nadella was also named chairman, independent director John Thompson told CNBC.
Missing Theranos patient data at the heart of latest Holmes hearing
Prosecutors allege that Theranos destroyed the so-called Laboratory Information System database (LIS), which allegedly showed a failure rate over 50%.
Melinda French Gates will resign if she and Bill Gates can't work together at their foundation
The move comes two months after the couple of 27 years announced plans to divorce.
Trump sues Twitter, Facebook, Google – and immediately begins fundraising off the effort
Trump, who has a history of not following through on legal threats, announced the legal action against Facebook, Twitter and Google from his club in New Jersey.
House Republicans lay out their antitrust agenda for tech giants
House Judiciary Committee Republicans laid out their framework for tackling competition and alleged censorship issues by Big Tech companies on Wednesday.
Covid-weary consumers coming back to cities, stadiums boost 5G traffic, Verizon CEO says
"We see people coming back to urban places" where 5G is available, Verizon CEO Hans Vestberg told CNBC on Wednesday. "We see them coming back to stadiums."
Wise debut turns the fintech's founders into billionaires — here's who else won big
Wise founders Kristo Käärmann and Taavet Hinrikus are now billionaires following the fintech firm's stock market debut.
Wise direct listing values fintech giant at $11 billion in big win for post-Brexit London
Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).
Fintech giant Wise is set go public in a rare Spotify-style listing — and it will be a big test for London
British money transfer company Wise is set to go public on the London Stock Exchange through a direct listing.
Binance CEO says 'compliance is a journey' as world's largest crypto exchange faces growing crackdown
"Compliance is a journey – especially in new sectors like crypto," Changpeng Zhao, CEO of Binance, said in a blog post Wednesday.
Why tether, the world’s third-biggest cryptocurrency, has got economists worried
Some investors believe a loss of confidence in tether could be crypto's "black swan," an unpredictable event that would severely impact the market.
China's war on bitcoin just hit a new level with its latest crypto crackdown
China shut down a company suspected of providing software services for crypto transactions, and issued a stern warning about providing other sorts of services.
Didi removed from China's WeChat and Alipay apps for new users in another big blow
The main Didi service has been removed as a shortcut from Tencent's WeChat and searching for the app no longer yields any results.
Shares of Chinese Tesla rival Xpeng close flat in Hong Kong debut
Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each, raising 14.02 billion Hong Kong dollars ($1.8 billion).
The Chinese firm behind the acquisition of the UK’s largest chip plant is state backed, analysis shows
Wingtech Technology is heavily backed by the Chinese Communist Party, according to analysis from Chinese investment screening specialists Datenna.
Didi shares tank as traders react to China's crackdown
The fall comes after China announced late Friday that new users in the country would not be able to download the app while it conducts a cybersecurity review.
Activist investor Starboard has been trying for months to remove Box CEO Aaron Levie
While Starboard and Box came to an agreement last year on independent directors, the relationship has grown more contentious in recent months.
Pentagon cancels $10 billion JEDI cloud contract that Amazon and Microsoft were fighting over
But the Pentagon is launching a new multivendor cloud computing contract and soliciting both AWS and Microsoft for proposals.
Cybersecurity CEO: Hackers demanding $70 million in global ransomware attack won't get that much
Friday's ransomware attack will not fetch the entire amount its Russia-linked hackers are demanding, Huntress CEO Kyle Hanslovan told CNBC.
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