Tesla Model 3 reportedly explodes in Shanghai parking garage
A Tesla Model 3 exploded in an underground residential parking garage in Shanghai on Tuesday, Chinese media reported.
CNBC Technology
Trump pardons Anthony Levandowski, the engineer who stole self-driving car secrets from Google
Tech billionaire Peter Thiel — previously one of Trump's top allies in Silicon Valley — was among those the White House listed as supporters of Levandowski's pardon.
Netflix shares see their biggest jump in four years
The company revealed in its Q4 2020 earnings report that it was considering stock buybacks and surpassed 200 million subscribers for the first time.
Read the full letter Amazon sent to Biden offering to help with Covid-19 vaccines
Dave Clark, CEO of Amazon's worldwide consumer business, wrote a letter to President Joe Biden offering to help with the nation's Covid-19 vaccination efforts.
Twitter creates new 'SecondGentleman' account for Kamala Harris' husband
Twitter on Wednesday confirmed that it has transitioned institutional White House accounts from the Trump administration to the Biden administration.
EU antitrust regulators just fined PC gaming giant Valve for restricting cross-border sales on Steam
The EU has fined Valve and five other firms for restricting sales of video games based on the geographical location of users.
Europe and Biden ‘on the same page’ over Big Tech regulation, EU chief says
European Commission President Ursula von der Leyen is confident that U.S. President Joe Biden will be an "ally" when regulating tech firms.
In challenge to Tesla, Chinese electric carmaker Xpeng releases autonomous features for highway driving
Chinese electric carmaker Xpeng Motors has announced a new autonomous driving feature designed to work on highways as it ramps up its challenge to Tesla.
Alibaba founder Jack Ma appears for the first time since crackdown on his tech empire
Alibaba founder Jack Ma has emerged after weeks out of the spotlight that has sparked speculation about his whereabouts as his companies face increased scrutiny.
Moonpig confirms $1.6 billion float as London prepares for a busy year of tech IPOs
Online card retailer Moonpig has confirmed that it plans to go public on the London Stock Exchange in a £1.2 billion ($1.6 billion) float next month.
India ministry reportedly asked WhatsApp to drop privacy policy changes that sparked backlash
The update relates specifically to features that allow users to interact with businesses on WhatsApp.
TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
ByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok.
Tencent teams up with Chinese automaker Geely on driverless and smart car tech
China's Tencent has teamed up with automaker Geely on various car technologies as traditional vehicle manufacturers continue to partner with technology giants.
Netflix will consider buybacks as it returns to positive cash flow after 2021
Netflix said it will end a decade-long cash-burning narrative that worried skeptics but didn't faze Wall Street.
Netflix and Disney are trading places: Disney is the upstart, Netflix the old guard
Investors want Disney to use excess capital for more streaming video, while Netflix suggests it may start buying back stock as it turns cash-flow positive.
Microsoft is investing and partnering with GM's Cruise on self-driving cars
Microsoft will join GM, Honda Motor and other institutional investors in a combined new equity investment of more than $2 billion in Cruise.
Netflix shares rise on strong subscriber growth, considers share buybacks
The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks.
YouTube extends Trump suspension for another week
The company said, in light of potential violence in the next week, it is extending its suspension of Trump's YouTube channel for another seven days.
Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say
Investors think bitcoin and Tesla are more likely to halve in value than double over the next 12 months, according to Deutsche Bank.
Ether, the world's second-biggest cryptocurrency, is closing in on an all-time high
Ether rallied to an intraday high of $1,439 on Tuesday, just shy of the $1,448 record it hit in early 2018.
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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