In this article RBLX The Roblox logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Roblox restored its services Sunday following a major outage that lasted for three days. Roblox, an online platform which lets users play and create games, began experiencing issues at around 7 p.m. ET on
Technology
Riot’s Whinstone mine in Rockdale, Texas. Riot’s Whinstone Data Center ROCKDALE, Texas – In this rural Texas town of 5,600 people, two of the biggest names in bitcoin mining are battling it out for market share and cheap electricity. These rivals also happen to be next-door neighbors. Bitdeer – a firm spun off from Chinese
In this article NXPI GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC Semiconductor manufacturer GlobalFoundries debuted on the Nasdaq this week, valued at over $25 billion, as it became increasingly evident that a global chip shortage could persist through 2023 or later. Now GlobalFoundries needs to convince public market investors that the company is
Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic | Reuters In June 2018, Oculus executive Jason Rubin sent an email to Facebook board member Marc Andreessen with the subject line “The Metaverse.” “We believe that the right way to break
In this article FB A pedestrian walks in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images With its name change to Meta, the company formerly known as Facebook is trying to eliminate what
In this article AAPL MSFT Dado Ruvic | Reuters Microsoft passed Apple in market cap on Friday, making it the world’s most valuable publicly-traded company, after Apple missed earnings expectations on Thursday. As of 10:30 a.m. ET Microsoft had a market cap of $2.45 trillion while Apple’s stood at about $2.41 trillion. Apple reported revenue
In this article AAPL Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs. Apple fell over 4% in extended trading. “We had a very strong performance despite larger than expected supply constraints, which we estimate to
In this article EDR Jodie Comer and Sandra Oh attend the premiere of BBC America and AMC’s ‘Killing Eve’ at ArcLight Hollywood on April 01, 2019 in Hollywood, California. Emma McIntyre | Getty Images Endeavor Content, the studio behind TV series including “Killing Eve” and “Nine Perfect Strangers,” is soliciting second-round bids valuing the company
In this article AMZN Amazon bought the naming rights to rename Key Arena to Climate Change Arena. Source: NHL Seattle If Amazon is going to achieve its goal of net-zero carbon emissions by 2040, it’s going to need to rely on new technology. To spur the process along, the company has a $2 billion venture
In this article DOGE.CM= A physical dogecoin token is seen with the logo of rival cryptocurrency shiba inu displayed in the background. Jakub Porzycki | NurPhoto | Getty Images Shiba inu, a dogecoin spin-off, is close to surpassing Elon Musk’s favorite cryptocurrency. The digital token has surged 28% in the last 24 hours, according to
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Alphabet reported profit and earnings for the third quarter that topped analysts’ estimates. The company’s shares were little changed after the report.
In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
In this article FB Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign
In this article FB Mark Zuckerberg, chief executive officer and founder of Facebook Inc., arrives for a House Financial Services Committee hearing in Washington, D.C., Oct. 23, 2019. Andrew Harrer | Bloomberg | Getty Images The Facebook Papers, a series of articles published by a consortium of 17 U.S. news outlets beginning on Friday, shed
In this article 9868-HK A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images GUANGZHOU, China — Chinese electric car start-up Xpeng released updates for its semi-autonomous driving system
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for what the judge said was “good cause.” That leaves only
In this article FB With an image of himself on a screen in the background, Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Chip Somodevilla | Getty Images Facebook on Friday was hit with multiple
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Software company Adobe told U.S. employees Friday that they have to be vaccinated against Covid-19 by Dec. 8 or they will be placed on unpaid leave. In an email to employees viewed by CNBC, Adobe said the policy
In this article GOOGL ROKU A Roku Inc. remote in an arranged photograph in Hastings-on-Hudson, New York, U.S., on Sunday, May 2, 2021. Tiffany Hagler-Grear | Bloomberg | Getty Images YouTube is leaving Roku. And now the fight between the two companies has caught the attention of members of Congress attempting to push their Big
In this article SNAP In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images Snap stock fell 25% after reporting its third-quarter earnings on Thursday. The company’s revenue missed