Huawei's new chip research facility in Britain gets the green light
South Cambridgeshire District Council approved the first phase of construction of Huawei's planned R&D center, which the company intends to use to build state-of-the-art chips.
CNBC Technology
The Facebook ad boycotts have entered the big leagues. Now what?
Facebook is facing a snowball effect of advertisers signing onto the boycott, with big names Verizon and Unilever signing on.
Amazon gives front-line workers a $500 coronavirus bonus
The bonus applies to warehouse, delivery and Whole Foods workers.
Eric and Wendy Schmidt back Cambridge University effort to equip researchers with A.I. skills
Eric and Wendy Schmidt have donated to a Cambridge University program that is designed to equip young researchers with machine learning and artificial intelligence skills that have the potential to accelerate their research.
'The Enron of Germany': Wirecard scandal casts a shadow on corporate governance
Wirecard's dramatic fall from grace has thrust corporate governance and industry regulation in Germany firmly in the spotlight.
Trump fans are flocking to the social media app Parler — its CEO is begging liberals to join them
Social media app Parler exploded this week, as Republican politicians flocked to the app and told their Twitter followers to join them.
Starbucks is the latest company to pause advertising across social media platforms
Starbucks is the latest company said it will pause advertising on "all social media platforms" and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech.
Diageo will pause ad spend on major social media platforms
Spirits giant Diageo said Saturday it will be pausing paid advertising globally on "major social media platforms" beginning in July.
Amazon will have to invest many billions more than it's spending on Zoox to bring self-driving tech to market
Amazon's announced purchase of Zoox on Friday is just the beginning of its investment in a nascent technology that will cost billions more to bring to market.
Unilever pauses Facebook and Twitter advertising for rest of 2020 due to 'polarized atmosphere' in U.S.
Shares of Facebook and Twitter fell following Unilever's announcement.
DHS asks Facebook, Twitter and others to take action on posts calling for 'violence' amid nationwide protests
The request comes as the Trump administration and conservative allies in Congress seek to strip tech companies of a key liability shield.
Zuckerberg: Facebook will prohibit hate speech in its ads
Facebook CEO Mark Zuckerberg on Friday said the company will change its policies to prohibit hate speech in its advertisements.
Microsoft is permanently closing its retail stores
Microsoft said the closing of its physical locations will "result in a pre-tax charge of approximately $450 million, or $0.05 per share," which it will record in the current quarter ending June 30.
Telehealth start-up Ro has hit record sales every month since expanding pharmacy business pre-pandemic
Ro, which previously specialized in men's health, is now generating $250 million in annual revenue after expanding its product line.
Dell and VMware's strained marriage may finally be coming an end, and shareholders are cheering
A spinoff of VMware may make the most sense for Dell, VMware and their shareholders with Dell struggled as a public company.
Wirecard auditors face legal action after collapse of scandal-hit payments firm
The German shareholders' association SdK has filed a criminal complaint against the auditors of scandal-hit payments firm Wirecard.
Amazon to buy self-driving technology company Zoox
Amazon is jumping deeper into the market for autonomous driving with the purchase of Zoox, which was valued at over $3 billion in 2018.
SoftBank's $1 billion Wirecard bet under scrutiny as troubled payments processor fights for survival
SoftBank's investment and partnership with Wirecard has renewed scrutiny about the Japanese tech conglomerate's investment strategy.
Omnicom-owned ad agency Goodby Silverstein joins Facebook boycott
Goodby Silverstein, owned by the Omnicom Group, has announced that it intends to join the "#StopHateForProfit" campaign and stop posting on Facebook.
Southeast Asia's e-commerce giant Lazada announces new group CEO
Chun Li, Lazada president and head of Indonesia operations, will take over from the previous group chief executive, Pierre Poignant.
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