Verizon sells media businesses including Yahoo and AOL to Apollo for $5 billion
The sale signals that Verizon will focus on its internet-provider businesses as rivals continue to explore media.
CNBC Technology
How Roku's ad sales boss Alison Levin successfully steered through the pandemic
The Covid pandemic accelerated the shift to streaming, and Roku was perfectly positioned to help advertisers navigate the change.
SpaceX Crew-1 mission splashes down with four astronauts after record mission for NASA
The astronauts spent more than five months in space, the longest-ever duration for a crew launched in an American-built spacecraft.
More than 60% of Instagram users have linked up to Facebook Messenger, exec says
Adoption of Facebook's interoperability between Messenger and Instagram is ahead of expectations, the company's head of Messenger told CNBC.
How Apple does M&A: Small and quiet, with no bankers
While big tech rivals routinely strike multi-billion dollar deals, Apple has refined the "acquihire," or strategic purchase of a small company for its staff.
Tech giants' earnings showed their absolute dominance
The nature of technology platforms turns the law of large numbers on its head.
EU says Apple’s App Store breaks competition rules after Spotify complaint
Apple has "abused its dominant position" in the distribution of music streaming apps, the European Commission said.
Digital artist Beeple sees NFTs, like the one he sold for over $69 million, around for 'many decades'
Beeple, real name Mike Winkelmann, told CNBC he believes nonfungible tokens will eventually be "looked at as a true alternate asset class."
Amazon is preparing investors for the day when Jeff Bezos is no longer CEO
In a subtle language alteration, Amazon changed the way it describes Jeff Bezos as a key person.
Covid and 'peak cow' created a boom for food and agriculture tech in 2020
Covid lockdowns sparked demand for meal kits and food delivery, while consumers are becoming increasingly aware of the environmental cost of meat.
Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
The European Commission announced Friday a preliminary finding that Apple had abused its dominant market position.
First 100 days: Biden keeps Trump-era sanctions in tech battle with China, looks to friends for help
In his first 100 days as president, Joe Biden has made one thing clear — he wants to make sure the U.S. outcompetes China with technology front and center.
Amazon is spending big to take on UPS and FedEx
Amazon's capital expenditures grew 80% over the trailing 12 months, as the company added more warehouses and grew its fleet of airplanes, trucks and vans.
British sport to boycott social media giants over online abuse and discrimination
Facebook, Instagram and Twitter are being boycotted by British sports teams, athletes and leading sports bodies over a lack of action online abuse.
Darktrace shares soar 43% in London IPO as investors shrug off Deliveroo flop
Darktrace priced its shares at 250p Friday morning, valuing the cybersecurity firm at £1.7 billion ($2.4 billion).
Sony launches PlayStation 5 console in China ahead of Microsoft's Xbox
The disc version of Sony's PlayStation 5 (PS5) will retail at 3,899 yuan ($602) while the digital-only model is priced at 3,099 yuan.
Chinese electric automaker Nio says chip shortage will slow car deliveries
The start-up forecast second-quarter deliveries of between 21,000 and 22,000 vehicles, for growth of 5% to 10% from the first three months of the year.
Palantir CEO Alex Karp earned cash and stock worth $1.1 billion last year
A month before Palantir went public last year, CEO Alex Karp was granted stock and option awards that vest quarterly through August 2032.
Uber, Lyft, DoorDash stocks close down after U.S. Labor secretary says gig workers should be classified as employees
Shares of Lyft, Uber and DoorDash dipped Thursday after Secretary of Labor Marty Walsh told Reuters that gig workers should be classified as company employees.
Facebook revenue rises 48%, driven by higher-priced ads
Facebook beat on both earnings and revenue in Q1, and the stock is up about 5% after hours.
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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