Amazon debuts electric delivery vans created with Rivian
The company hopes to have 10,000 electric delivery vans on the road by 2022.
CNBC Technology
Instacart's valuation has more than doubled in 2020 to $17.7 billion following new funding round
Instacart is now one of the most valuable private companies.
Performance tech company Hyperice attracts slew of star athlete-investors, valued at $700 million
Hyperice CEO Jim Huether told CNBC the firm raised $48 million in its latest round, adding star athletes, including Los Angeles Lakers forward Anthony Davis and tennis star Naomi Osaka.
Fintech app Revolut tries to tempt U.S. savers with a market-beating 5% rate — but there's a catch
Revolut announced a new 4.5% "bonus" on top of its base annual interest rates for American savers.
Tesla owner says he butt-dialed a $4,280 Autopilot upgrade — and is still waiting on a refund
For Tesla customers, accidental "butt-dial" purchases have been at least an occasional problem since January 2020.
Europe's answer to Twilio is now valued at $3 billion, as pandemic fuels cloud boom
Amsterdam-based MessageBird has raised $200 million in a mega-round of funding that values the company at $3 billion.
Nvidia and Huawei face an uncertain future in Britain's high-tech capital
Home to some of the most talented technologists in the world, Cambridge is seen as a vital hub for firms like Nvidia and Huawei.
UK lawmakers accuse Huawei of 'collusion' with Beijing, say telco's gear may be axed from British networks by 2025
In July, the U.K. government announced that mobile network operators in the country would need to rip out Huawei gear from their infrastructure by 2027. Now lawmakers say that might need to happen by 2025 under certain conditions.
Samsung says profits likely rose 58% in the third quarter, beating estimates
Operating profit for the quarter likely came in at 12.3 trillion Korean won (about $10.6 billion), Samsung said in its earnings guidance.
Chinese wealth management giant Lufax files for U.S. IPO
Lufax, which is backed by financial giant Ping An Group, plans to list on the New York Stock Exchange under the ticker "LU."
EU lawmakers write letter to Jeff Bezos asking him if Amazon is spying on them
Lawmakers in the European Union have written a letter to Amazon boss Jeff Bezos asking if his company is hiring intelligence agents to spy on politicians, trade unionists, and members of staff.
Big Tech stocks are buys on any negative antitrust news, Jim Cramer says
"The time these Big Tech stocks get hit by some bad headlines from the House Judiciary Committee is the time you have to buy them," the "Mad Money" host said of Facebook, Alphabet, Apple and Amazon.
Facebook says it will halt political ads in the U.S. after the polls close on Nov. 3
Facebook's policy change comes as President Donald Trump has used social media to make false claims that voting by mail leads to election fraud.
Justices wary of upending tech industry in Google v. Oracle Supreme Court fight
The Supreme Court heard arguments in Google v. Oracle on Wednesday, a blockbuster case concerning copyright law's applications to computer code.
Activist investor Dan Loeb calls on Disney to end its $3 billion annual dividend and use the funds for Disney+ content
Third Point Capital's Dan Loeb is calling on Disney to permanently suspend annual dividend, use funds for Disney+ content.
Amazon's Twitch dominates game streaming market after Microsoft Mixer shutdown
People watched 4.7 billion hours of video through Twitch in the third quarter. That's down 8% from the second quarter when the coronavirus lockdowns kept more people home, providing additional time to watch game streams online.
Democrats and Republicans disagree on how to curb Big Tech's power — here's where they differ
Despite bipartisan agreement that Big Tech has monopoly power, differences on how to fix the problem raise doubts about sweeping tech regulation.
Former Microsoft CEO Steve Ballmer: I’ll bet money Big Tech won’t be broken up
Ballmer spoke a day after the House Judiciary antitrust subcommittee said Amazon, Alphabet, Apple and Facebook enjoy monopoly power.
Congress just finished its Big Tech antitrust report — now it's time to rewrite the laws
Subcommittee member Rep. Pramila Jayapal told CNBC new bills could be introduced within the first six months of the next Congress.
Amazon Prime Day is coming up and here are the deals to watch for
Amazon's two-day shopping event kicks off Oct. 13 but, amid the pandemic, consumers may be less willing to shop.
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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