Ride-sharing stocks a rare bright spot in otherwise miserable day for tech
Lyft stock closed up more than 8%, while Uber gained 2.6%.
CNBC Technology
Twitter isn't worried about Apple's big privacy change, says it'll level the playing field
Twitter CFO Ned Segal said the company is feeling confident as it prepares for Apple's planned IDFA privacy update to iOS 14.
Snap CEO touts ad platform, predicts rapid growth even without new users or more engagement
Snap CEO Evan Spiegel said that the company's forecast of multiple years of more than 50% revenue growth is achievable even without any additional user growth.
Arizona House passes bill that threatens Apple and Google's app stores
The vote is a setback for Apple, which opposed it, and a victory for the Coalition for App Fairness, a group representing app makers, which backed the bill.
Ample is trying to make battery swapping for EVs a reality, starting with Uber drivers in the Bay Area
Ample has opened its first electric vehicle battery swap stations — in the San Francisco Bay Area. Uber drivers are their first customers.
Senators question Amazon about using cameras to monitor delivery drivers
The senators said the AI-equipped cameras from Netradyne raise privacy and surveillance concerns.
Google says it won't use new ways of tracking you as it phases out browser cookies for ads
Google clarified its plans for targeted advertising as it phases out the use of browser cookies from Chrome.
TikTok to begin new push to court smaller companies that fuel spending on rivals like Facebook
The event highlights the importance of the millions of small business advertisers for social media companies.
SoftBank-backed Greensill Capital is reportedly preparing to file for insolvency
Greensill Capital is preparing to file for insolvency in the U.K., according to a report from The Financial Times on Wednesday.
Post-Brexit London aims to lure tech IPOs and SPACs in challenge to New York
British Prime Minister Boris Johnson’s government is hoping to convince more fast-growing tech firms to list in London.
Fortnite creator Epic Games buys the developer of Fall Guys, a title that defined the pandemic gaming boom
Fortnite developer Epic Games has acquired Tonic Games Group, the British studio behind smash hit video game Fall Guys.
Why some Chinese are buying local electric car brands like Nio — instead of Tesla
CNBC spoke to some Chinese consumers and asked why they bought electric cars from Tesla competitors Nio, Li Auto and Xpeng.
Ant Group says it will help employees monetize shares and commits to listing after canceled IPO
Eric Jing, executive chairman of Ant Group, said the company will find a "short-term liquidity solution" for employees and committed to an IPO.
U.S. is ‘not prepared to defend or compete in the A.I. era,’ says expert group chaired by Eric Schmidt
The U.S. is drastically underprepared for the age of AI, according to the National Security Commission on AI, which is chaired by Eric Schmidt.
AppLovin joins parade of video game companies headed for public market after 2020 sales hit $1.45 billion
Mobile game company AppLovin filed for an IPO on Tuesday after revenue jumped 46% last year.
Lyft says it just had its best week for rides since pandemic lockdowns began
Lyft now expects to manage its adjusted EBITDA loss in the first quarter to $135 million, from the $145 million to $150 million it previously forecast.
Square closes up nearly 5% after Jack Dorsey's company launches its own bank
Square's new bank will offer FDIC-insured deposit accounts and loans to small businesses that have historically used the company for payment processing.
Facebook lowers expectations for its upcoming Ray-Ban smart glasses
Facebook CFO David Wehner lowered expectations for what that the company's upcoming Ray-Ban smart glasses will be capable of.
Facebook's growth rate could be impacted by Covid vaccines as consumers shift spending to services, CFO says
Facebook CFO David Wehner said the company's advertising growth rate could be impacted as more consumers receive their Covid-19 vaccinations.
Tesla vs. Lucid: Here's how the EV rivals are and aren't alike
Lucid is following Tesla's playbook with manufacturing, sales and service while charting a different path with EV charging infrastructure and advertising.
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