Slack shares plunge as growth stays steady with no coronavirus spike
Slack's revenue grew at around 50% for the third consecutive quarter, and the company reported more paying customers than analysts had expected.
CNBC Technology
The six biggest tech stocks have lost more than $1 trillion in value in three days
Apple, which hit a $2 trillion market cap on Aug. 19, is down about $325 billion in that time period.
Taboola and Outbrain end talks to merge after nearly a year
The two companies faced regulatory scrutiny in Israel and the U.K.
Snowflake IPO gets vote of confidence as Berkshire, Salesforce agree to buy shares
Snowflake received a vote of confidence Tuesday after a filing revealed that Salesforce and Berkshire Hathaway each agreed to buy $250 million of stock at its IPO price. Berkshire will also make a secondary purchase
Virtual Kitchen, founded by ex-Uber execs to help restaurants with delivery, raises $20 million
Virtual Kitchen competes with Travis Kalanick's Cloud Kitchens in helping restaurants deliver food with less real estate.
Apple doubles down in fight with Fortnite creator Epic Games, seeks damages for breach of contract
"Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store," Apple says in the filing.
Microsoft to launch smaller version of its upcoming next-gen console for $299
Microsoft said the new console, called the Xbox Series S, is the "smallest Xbox ever" and will cost $299.
Apple announces Sept. 15 event where it's expected to announce new products, iPhone likely coming later
Apple usually announces new iPhones at its headquarters in September, but this year it will host it online-only due to the coronavirus. It's expected to unveil new products on Sept. 15 but may save iPhones until later.
LA Rams ready for kickoff in new, $5 billion high-tech SoFi Stadium — without fans
The Rams will play in their brand-new, cutting-edge stadium on Sunday, but they won't play in front of fans just yet.
Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker
Under the partnership, GM will produce the electric truck maker's marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022.
PUBG game owner distances itself from Tencent in bid to overturn India app ban
PUBG Corporation said Tuesday that it would drop Tencent as the publisher of its PUBG Mobile game in India.
WikiLeaks’ Julian Assange fights extradition to the U.S. in top London court
WikiLeaks founder Julian Assange will fight his extradition to the U.S. this week, after failing to delay the hearing on Monday.
China accuses U.S. of 'bullying' as it touts new global data security push
China launched a global data security initiative on Tuesday, outlining principles that should be followed in areas from personal information to espionage.
How Fall Guys, a battle royale game with jelly beans, became this summer's mega hit
Fall Guys has rapidly become the hottest games of the summer, attracting millions of players within a month of its release.
Italy opens competition probe into Apple, Google and Dropbox's cloud storage services
The Competition and Market Authority said it launched six total investigations into the Google Drive service, Apple's iCloud and DropBox.
China accuses U.S. of 'hegemony' after Trump administration threatens to sanction chipmaker SMIC
The U.S. Department of Defense said Saturday that it was considering adding SMIC to the Commerce Department's so-called Entity List.
SMIC, China's largest chipmaker, plunges 23% after U.S. says it could blacklist the firm
SMIC relies on American chipmaking equipment. If it were to be added to the Entity List, that could make it more difficult for the company to obtain the gear needed to develop its capabilities and hurt production.
China lands its first reusable spacecraft as state media hails it as an 'important breakthrough'
China has successfully launched and landed an experimental reusable spacecraft, according to state-owned media Xinhua news agency.
China's driverless car upstarts see robotaxis scaling up in 3 years as tech firms race to get ahead
A number of so-called "robotaxi" projects have popped up in the world's second-largest economy over the past two years, with the companies involved eyeing creating viable autonomous ride hailing businesses.
Tech giants are the 'winners' of the coronavirus crisis and should pay more tax, Europe official says
Tech giants have to pay a "fair amount" of taxes, a top European official said Saturday, amid an ongoing rift between the U.S. and Europe over levies on companies such as Apple, Alphabet and Amazon.
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