In this article UBER DASH ABNB A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Airbnb CEO Brian Chesky told CNBC’s “Mad Money” in April that the home-sharing site can “take marketing down to zero and still have 95% of
Technology
The Poly Network logo displayed on a phone screen with a physical representation of some cryptocurrencies. Jakub Porzycki | NurPhoto via Getty Images Nearly all of the $600 million stolen in one of the biggest cryptocurrency heists ever has now been returned by hackers. Poly Network, the crypto platform targeted in the attack, said Thursday
Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Chesnot | Getty Images A person claiming to be the hacker behind one of the biggest cryptocurrency heists of all time says they stole the funds “for fun.” More than $600 million worth of crypto was stolen in the cyberattack, which targeted a decentralized finance platform
An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images Amazon on Wednesday opened its $1.5 billion air hub in northern Kentucky, which will help accelerate its push for faster delivery and greater control over its logistics network. It’s
In this article TSLA CMCSA A Tesla Model 3 plugged in and charging at a Supercharger rapid battery charging station for electric vehicles in Bersteland, Germany, on March 02, 2021. Thomas Koehler | Photothek | Getty Images During the pandemic, the internet kept Americans going as much as highways and rails. Now, a $1 trillion
Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part
In this article PYPL The Ebay Inc. Venmo application (app). Andrew Harrer | Bloomberg | Getty Images Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies. The development is part of the broader crypto strategy of Venmo parent PayPal. The company launched a business
Drivers for GrabFood line up to collect orders at a Pisang Goreng Bu Nanik store in Jakarta, Indonesia. Dimas Ardian | Bloomberg | Getty Images SINGAPORE — Southeast Asia’s technology start-ups had a combined valuation of $340 billion last year and that figure may jump more than threefold by 2025, according to Jungle Ventures. Over
The Bootleg Fire rages across central Oregon state, in Klamath County, Oregon, in this July 13, 2021 picture obtained from social media. Oregon State Fire Marshal | via Reuters Air quality in the United States and Europe improved over the last decade thanks to stricter environmental regulations, but intensifying wildfires raise new air pollution concerns.
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
In this article AMZN Amazon aggregators are in the midst of a buying frenzy. They’re trying to entice sellers who have successful brands on Amazon with incentives like Tesla giveaways and exclusive parties. Some of the biggest Amazon aggregators, Thrasio and Perch, have valuations in the billions of dollars. In July, they were among the
Alphabet CEO, Larry Page. Emmanuel Dunand | AFP | GettyImages Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the coronavirus pandemic, the New Zealand government confirmed to CNBC Friday. Page, 48, applied for New Zealand residence in November 2020 via the nation’s “Investor
A monorail train displaying Google signage moves past a billboard advertising Apple iPhone security during the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 7, 2019. Bloomberg | Bloomberg | Getty Images Apple announced a system this week that will enable it to flag images of child exploitation uploaded to
In this article AMZN Amazon fulfillment center warehouse. Getty Images Amazon is bringing back its mask mandate for warehouse workers amid a surge in Covid-19 cases due to the highly contagious delta variant. Beginning on Monday, employees will be required to wear face coverings inside Amazon operations facilities — even if they’re vaccinated — according
CEO of Roku, Anthony Wood speaks onstage at The Future of TV Streaming & Entertainment during Tribeca X – 2021 Tribeca Festival at Spring Studios on June 18, 2021 in New York City. Arturo Holmes | Getty Images Roku shares fell more than 8% in after-hours trading Wednesday after reporting second-quarter earnings that beat expectations
Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017. SAM YEH | AFP | Getty Images LONDON — Nvidia’s $40 billion bid to buy U.K.-based chip designer Arm from Japan’s SoftBank has started to look increasingly uncertain in recent weeks. The deal, one of the biggest
In this article LYFT Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York, U.S., March 29, 2019. Shannon Stapleton | Reuters Lyft reported second quarter financial results after-the-bell Tuesday, easily beating on both the top
In this article 9618-HK JD.com’s booth at the China Joy gaming conference in Shanghai on July 30, 2021. The Chinese e-commerce giant is investing heavily in gaming. Arjun Kharpal | CNBC SHANGHAI — At China Joy, one of Asia’s biggest gaming conferences held in Shanghai, e-commerce giant JD.com built a booth featuring the giant version
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Square plans to buy Australian fintech company Afterpay as it looks to expand further into the booming
In this article CMCSA T DISCA VIAC DIS USA’s Sunisa Lee (gold) celebrate son the podium during the medal ceremony of the artistic gymnastics women’s all-around final during the Tokyo 2020 Olympic Games at the Ariake Gymnastics Centre in Tokyo on July 29, 2021. Lionel Bionaventure | AFP | Getty Images If last year’s biggest