Amazon wants businesses to use its palm-scanning tech to let employees into the office
Amazon is pitching the palm-based service as a way for employees to swipe their hand to enter an office or to access sensitive company data
CNBC Technology
SenseTime plunges after short seller alleges the Chinese AI firm inflated revenue
SenseTime said it believes Grizzly Research's report is "without merit and contains unfounded allegations and misleading conclusions and interpretations."
E-commerce stocks rally after Black Friday shoppers spend record online
Shares of e-commerce stocks such as Shopify, Etsy and Wayfair all surged Monday on strong Black Friday online sales and rosy projections for Cyber Monday.
TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition
Over the past few years, ByteDance has made an aggressive push into gaming in a bid to challenge other gaming giants like China's Tencent and NetEase.
Apple iPhone maker Foxconn to invest $1.5 billion in India as it looks to build beyond China
Hon Hai Precision Industries will invest $1.54 billion in an Indian subsidiary for "operational needs," and hire builders for a to-be-announced project.
Flying taxi firm Lilium receives EU approval for its electric jets
Air taxi firm Lilium has been granted EU approval to design and operate its electric vertical takeoff and landing vehicles globally.
iRobot shares plunge 17% after EU warns Amazon deal ‘may restrict competition’
The European Commission said it found that Amazon may have the ability to prevent or degrade iRobot rivals' access to its online site.
Coinbase CEO says crypto industry can turn the page after historic Binance settlement
The crypto industry can close the chapter on a litany of scandals after Binance was hit with a historic settlement, Coinbase CEO Brian Armstrong told CNBC.
Finnish startup Varjo launches new $3,990 mixed-reality headset to take on Apple, Microsoft
Finnish tech startup Varjo launched its newest headset Monday, the XR-4. It'll compete with similar headsets from the likes of Microsoft, and Apple.
Tesla sues Swedish government after postal workers allegedly block license plate deliveries
Tesla filed a lawsuit against the Swedish Transport Agency on Monday.
iRobot shares close up 39% on report Amazon deal set to get EU approval
Shares of iRobot, the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon's acquisition.
Plaid taps Adyen executive to lead its European operations
U.S. financial technology firm Plaid has hired Brian Dammeir, a former Adyen executive, as its new head of Europe, the company told CNBC exclusively.
Bitcoin rises to new high for the year Friday above $38,000
Crypto prices have recovered from a big dip earlier in the week, with bitcoin hitting a new high for the year on Friday.
Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules
Reuters, citing two sources familiar with the matter, reported that Nvidia told Chinese customers that it is delaying the launch of an AI chip that is designed to comply with U.S. export rules until the first quarter of next year.
China's Alibaba shakes up cloud unit management after scrapping the division's IPO
The shakeup comes after a surprise move by Alibaba last week to cancel the highly-anticipated initial public offering of its cloud unit.
$115 million stolen from two crypto firms linked to Justin Sun after hack
Around $115 million so far has been stolen after hackers exploited the HTX exchange and Heco Chain, two cryptocurrency platforms linked to Justin Sun.
Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty
Binance has seen outflows amounting to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen.
Global smartphone sales rebound in October after declining for more than 2 years: Counterpoint
The global smartphone market grew 5% year-on-year in October after months of negative growth, said Counterpoint Research.
Huawei's smartphone spinoff Honor plans IPO
Huawei spun Honor off in 2020 after U.S. sanctions crippled the Chinese tech giant's smartphone business.
How Meta could benefit from the OpenAI shakeup
Meta and Mark Zuckerberg, who had the luxury of watching the OpenAI boardroom drama from the sidelines, could end up indirectly benefiting the most.
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