Technology

US President Joe Biden speaks about the situation in Afghanistan from the East Room of the White House in Washington, DC, July 8, 2021. Saul Loeb | AFP | Getty Images The White House on Friday will announce a new executive order aimed at cracking down on competitive practices in Big Tech, CNBC’s Ylan Mui

Nextdoor’s decision to go public through a special purpose acquisition company was largely the result of favorable pricing compared with a traditional IPO, said Bill Gurley, a partner at Benchmark and an early investor in the neighborhood social network. Gurley has been among the most vocal supporters of direct listings, another IPO alternative in which

In this article ROKU Anthony Wood Stephen Desaulniers | CNBC Roku has built a dominant position as the co-leading streaming video distribution platform in U.S. households, in a near dead-heat with Amazon. The two companies own more than 70% market share, according to research firm Parks Associates. But can Roku maintain its lead over Apple

Shares of the Peter Thiel-backed psychedelic start-up Atai Life Sciences jumped Friday on its first day of trading on Wall Street. The newly listed Nasdaq stock opened up 40% before pulling back some. The German biotech’s initial public offering was priced Thursday night at $15 per share, the high end of the expected range. The

Soho Farmhouse. Sam Shead LONDON — Hundreds of the biggest names in European tech rubbed shoulders with politicians and wealthy investors on the lawns of the Soho Farmhouse private members club in rural England on Thursday, at what was one of the first major tech events to happen in over a year. Attendees of the

In this article FB Facebook CEO Mark Zuckerberg Drew Angerer | Getty Images Morgan Stanley analysts said in a Friday note that Facebook remains the top pick among large-cap social media stocks, with its investments and monetization efforts offsetting any near-term engagement drop-offs as the coronavirus pandemic nears an end. “We remain most positive on

In this article ROKU Anthony Wood of Roku and Reed Hastings of Netflix CNBC; Ernesto S. Ruscio | Getty Images When Netflix founder Reed Hastings spun off the streaming video box he was developing to a little-known start-up called Roku in 2008, he thought it would probably fail. “There was Xbox and PlayStation and Samsung

U.S. President Joe Biden is applauded as he holds the Juneteenth National Independence Day Act during a signing ceremony in the East Room of the White House in Washington, June 17, 2021. Carlos Barria | Reuters Big tech companies will observe Juneteenth by offering education resources during the week of the newly official U.S. holiday.

In this article ROKU Anthony Wood, founder and chief executive officer of Roku Inc. David Paul Morris | Bloomberg | Getty Images Roku co-founder and CEO Anthony Wood worked at Netflix in 2007, but he says his company’s cultural similarities to the streaming giant are mostly coincidental. “The culture at Roku was the same before

The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Europe’s tech sector has already attracted more venture capital investment so far this year than it did throughout the whole of 2020, according to data shared with CNBC. Start-ups in the continent have raised a whopping

David Silver, leader of the reinforcement learning research group at DeepMind, being awarded an honorary “ninth dan” professional ranking for AlphaGo. JUNG YEON-JE | AFP | Getty Images Computer scientists are questioning whether DeepMind, the Alphabet-owned U.K. firm that’s widely regarded as one of the world’s premier AI labs, will ever be able to make

In this article MSFT UBI-FR Bethesda’s Todd Howard introduces Starfield at the 2018 E3 trade show. Christian Petersen | Getty Images The video game industry’s annual trade show went virtual this year, giving publishers a new format to show off upcoming titles. The E3 gaming expo kicked off on Saturday and runs until Tuesday, when

In this article TSLA Elon Musk, the CEO of Tesla. Christophe Gateau/picture alliance via Getty Images Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla

In this article MARA When the FBI successfully breached a crypto wallet held by the Colonial Pipeline hackers by following the money trail on bitcoin’s blockchain, it was a wake-up call for any cyber criminals who thought transacting in cryptocurrency automatically protected them from scrutiny. One of the core tenets of bitcoin is that its

In this article AMZN A parcel is prepared for shipment at Amazon’s warehouse in Hemel Hempstead, England. Getty Images Amazon warehouse workers could soon be joined by a couple new co-workers: Ernie and Bert. Those are the names of the new robots Amazon is testing with the goal of reducing strenuous movements for workers. While

House Speaker Nancy Pelosi (D-CA), holds her weekly press conference in the United States Capitol in Washington, May 13, 2021. Evelyn Hockstein | Reuters The Trump Justice Department’s reported decision to subpoena tech companies for account data of U.S. lawmakers was a step that “goes even beyond Richard Nixon,” House Speaker Nancy Pelosi, D-Calif., said

System administrator Alexander Landmann carries a server in the computer centre of Deutsche Bahn in Berlin on Oct. 22, 2020. Britta Pedersen | picture alliance | Getty Images Microsoft employees slept in the software company’s data centers during the height of the coronavirus pandemic, an executive said on Wednesday. While many top technology companies directed

Monday.com celebrates its IPO at the Nasdaq, June 10, 2021. Source: Nasdaq In April, Insight Partners’ Jeff Horing hopped on a flight to Israel for a breakfast with tech CEOs. It was also an opportunity to pay a visit to his firm’s first international office, which had opened less than two years before. Now, CEOs

In this article MSFT A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft is developing dedicated streaming hardware that people will be able to hook up to their TVs to use its Netflix-like cloud gaming service. The company is betting the future

The Stripe logo pictured on a smartphone with U.S. dollar banknotes in in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images LONDON — Stripe on Thursday debuted a new product that it says will make it easier for businesses to calculate and collect sales taxes, marking the digital payment giant’s latest