These small tech companies are soaring after crushing Q1 earnings
Investors are rewarding the likes of Chegg and Everbridge for impressive growth while other companies struggle.
CNBC Technology
Tesla's Fremont plant will resume 'limited operations' on Friday
The plant will bring back around 30% of employees normally working on a shift.
TikTok has quietly made London its main hub in Europe
The Chinese-owned social media app is hiring artificial intelligence and software engineers in the U.K. capital.
Facebook, YouTube and other platforms are struggling to remove new pandemic conspiracy video
Platforms including Facebook, Alphabet's YouTube, IAC's Vimeo and Twitter are struggling to stay ahead of the spread of the "Plandemic" conspiracy video, which contains claims that defy the advice of medical experts.
Facebook will allow most employees to work from home through end of 2020
Facebook CEO Mark Zuckerberg will announce Thursday that most of the company's employees will be given the choice to continue to work from home through the end of 2020, a company spokeswoman told CNBC.
Uber shares shoot up after CEO says ride volume is increasing again after April bottom
Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi.
Dropbox rises after company posts first quarterly profit
It's the first time Dropbox's bottom line is in the black since the company went public two years ago.
Roku reports strong user growth, but sour ad business outlook
Streaming services have reported huge spikes in subscribers during the crisis as stay-at-home orders have forced more people to stay inside.
Zoom strikes a deal with NY AG office, closing the inquiry into its security problems
The agreement comes one day after the NYC Department of Education lifted its ban on Zoom after approving new safety features.
Uber leads $170 million investment in scooter company Lime
The announcement comes a day after Uber announced plans to lay off 3,700 employees.
Elon Musk: 'Too many smart people go into finance and law'
The CEO also addressed his plans to sell the majority of his physical possessions in an interview with Joe Rogan that aired Thursday.
Twilio skyrockets as quarterly results fly past estimates
Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected.
Elon Musk says coronavirus pandemic is 'practice run' for future viruses
Musk has been a vocal critic of how government and health officials are reacting to the coronavirus pandemic that's killed at least 73,431 people in the United States.
When will hospitals and doctors' offices be open for normal business again? Here's what health experts think
Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure.
Senators ask Jeff Bezos for answers on fired coronavirus whistleblowers
Amazon has fired at least four workers in recent months who were outspoken critics of its labor policies.
Tesla reportedly halts car production at Chinese factory
It's unclear why Tesla halted its operations at the plant that's normally operated six days a week. But the move means that Tesla isn't making any cars worldwide.
Amazon's Jeff Bezos is 'the only CEO who has expressed reservation about appearing' before the House Antitrust Subcommittee, chairman says
The chairman said he expects to wrap up the committee's report on competition in digital markets by the end of the spring.
Google tells employees they can't expense food or other perks when working from home
After employees say they miss perks such as free food, Google launched a new policy clarifying they can't expense these perks while working from home, according to internal documents seen by CNBC.
Alphabet abandons plan to build smart city in Toronto
The project has been the focus of the Sidewalk Labs for the last few years, and would've been a demonstration of its vision to build "smart cities" around the world.
Peloton sales surge 66%, as more people buy bikes during coronavirus pandemic; shares jump
Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic.
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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