A smartphone and a screen show the website OpenSea, where digital artworks are sold using NFT. NFTs, non-fungible tokens, are unique cryptographic credentials that are written to the blockchain attached to a file (image, music, video). picture alliance | picture alliance | Getty Images NFT marketplace OpenSea is investigating a “phishing attack” that no longer
Technology
In this article T AndreyPopov | iStock | Getty Images As many Americans begin to adopt newer and faster 5G wireless service, an earlier-generation wireless network is winding down next week. The shutdown presents enormous consequences for certain products that still use the older 3G networks, such as alarm systems and personal emergency response systems
In this article AMZN In this Feb. 21, 2020 photo, Dilip Kumar, vice president of physical retail and technology for Amazon, poses for a photo inside an Amazon Go Grocery store set to open soon in Seattle’s Capitol Hill neighborhood. Ted S. Warren | AP Amazon has spent almost three decades perfecting the art of
In this article TSLA Elon Musk, chief executive officer of Tesla Inc., speaks to members of the media while departing from federal court in New York, U.S., on Thursday, April 4, 2019. Natan Dvir | Bloomberg | Getty Images The Securities and Exchange Commission submitted a letter to a federal judge on Friday responding to
In this article INTC Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel stock fell about 6% on Friday after the company told investors at a meeting on Thursday
In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as
DoorDash still sees opportunities to deliver as Covid pandemic safety measures wane and more people start frequenting restaurants, chief executive Tony Xu told CNBC on Thursday. “I think we’re all ready and excited if we’re not already, mingling in the real world. At the same time, I think what the resiliency of the numbers we
Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did
In this article FB AAPL GOOGL An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth quarter earnings on Tuesday after the closing bell. Justin Sullivan | Getty Images Google on Wednesday announced it’s adopting new
In this article ABNB Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb beat Wall Street estimates on earnings and revenue
In this article TSLA Tesla CEO Elon Musk has been promising customers a driverless vehicle since at least 2016. While the company hasn’t delivered on that promise, Tesla lets thousands of employees and customers try new and unfinished driver assistance features on public roads in the U.S. through a program called Full Self Driving Beta,
Warren Buffett Gerald Miller | CNBC Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, according to a regulatory filing, jumping in before Microsoft agreed to buy the video-game publisher for $68.7 billion. Berkshire owns 14.66 million shares valued at $975 million as of the end
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of the seven car brands who ran an ad during the Super Bowl featured electric vehicles, according to analysis published Monday by the online
Volkan Furuncu | Anadolu Agency | Getty Images Investors looking to put money into U.S. and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase. “You have to be
In this article PTON John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Roughly two months after Peloton’s IPO, founder
A chip made by Taiwan Semiconductor Manufacturing Company TSMC Semiconductor stocks got whacked on Friday as investors digested hotter-than-expected inflation and increased tensions between Ukraine and Russia. Chipmakers had been boosted by increased demand during the pandemic and have generally reported strong earnings and outlooks in the past month. But investors are looking for less-risky
In this article AMZN Photographer: Thorsten Wagner/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A former Amazon employee was sentenced Friday to federal prison for his involvement in an international bribery scheme. Rohit Kadimisetty, who worked as a seller support employee out of Amazon’s Hyderabad, India, office until 2015, was ordered to spend
Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Splunk shares rose as much as 14% in extended trading on Friday after the Wall Street Journal reported that Cisco made an offer to buy the data analytics software company for over $20 billion. At the peak of its
NFL commissioner Roger Goodell Kirby Lee-USA TODAY Sports | Reuters The National Football League lobbied the Securities and Exchange Commission on “issues related to blockchain technology” from July through December last year, according to disclosure reports. Records indicate that the lobbying campaign represents the first time the NFL has attempted to influence the government agency
In this article TSLA A worker wearing a face covering exits a Tesla Inc. vehicle at the company’s assembly plant in Fremont, California, U.S., on Thursday, Aug. 13, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images David Paul Morris | Bloomberg | Getty Images A California civil rights agency sued Tesla this week, alleging racist harassment