Technology

PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors.  The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC, at

In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The publishing offices of Simon and Schuster in New York. Amy T. Zielinski | Newscast | Universal Images Group | Getty Images Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday

Apple CEO Tim Cook speaks during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Apple’s next-generation iPhone 15 is slated for sales launch around September 22, Bloomberg reported Monday. When the company unveils a new iPhone model, the hype-filled

Smoke billows from an unauthorized steel factory, foreground, on November 4, 2016 in Inner Mongolia, China. To meet China’s targets to slash emissions of carbon dioxide, authorities are pushing to shut down privately owned steel, coal, and other high-polluting factories scattered across rural areas. (Photo by Kevin Frayer/Getty Images) Kevin Frayer | Getty Images News

Lorenzo Di Cola | Nurphoto | Getty Images Social network Twitter, recently rebranded as X, has commandeered the handle “@music” from open-source software developer Jeremy Vaught, who told CNBC he created the account in 2007, and had built a community of around half a million followers there. While Elon Musk-led X gave Vaught no choice

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Thilina Kaluthotage | Nurphoto | Getty Images Meta’s Twitter-like Threads app will soon get a search function and be available to access via the web. In a Threads post on Friday, Meta CEO Mark Zuckerberg said the new features will be “coming in the next

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders alongside in the East Room of the White House on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Images Apple shares fell 4.8%

During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed suit against the founders of one of its portfolio companies on Monday, alleging that

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An illustration of the new Apple store in Mumbai, India Source: Apple India imposed restrictions on the imports of personal computers and tablets, citing security reasons and the need to boost domestic manufacturing — in a move that could impact Samsung and Apple hardware sales

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street expectations across the board and revealed subscriber totals that were down from the previous quarter. Global direct-to-consumer streaming subscribers at the end of the

In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023.  Josh Edelson | AFP | Getty Images Google wants to “supercharge” its seven-year-old smart assistant using new advancements in generative

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers fulfill orders at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Johnny Milano | Bloomberg | Getty Images For the millions of sellers who make up the booming Amazon marketplace, few things are as perpetually

CNBC/Kif Leswing SAN FRANCISCO —Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant glowing X sign on top of the headquarters of the company on Friday. On Monday, CNBC saw workers dismantling the glowing X, removing its lights and an arm of the letter, after the construction

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sofia Pitt, CNBC Apple is preparing to unveil its next generation of devices this fall, and the high-end iPhone 15 models will reportedly feature some major changes. The company has used its proprietary Lightning charger for iPhones since 2012, but the iPhone 15 and iPhone

Reddit, home to cute cat pictures, investment advice, niche hobby discussions, celebrity interviews, edgy memes, wholesome memes and everything in between, has been facilitating discussions on the internet since 2005. The site has about 57 million daily active users who post and consume news, memes, questions and even stock tips that can roil markets. The company

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Shares of Alphabet’s stock jumped 10% this week after the company reported second quarter earnings that showed growth despite a tough ad market. Share price for the Google parent company reached

This illustration photo taken on July 24, 2023 shows the Twitter bird logo upside down in the background of Elon Musk’s screen advertising an “X” as a replacement logo, in Los Angeles. Chris Delmas | AFP | Getty Images X, formerly known as Twitter, has officially retired its famous blue and white bird logo. The