In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Monday, Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images Amazon said Wednesday it plans to shut down its charity donation program, in the latest
Technology
In this article MSFT CRM NFLX AMZN Follow your favorite stocksCREATE FREE ACCOUNT An employee cleans a window at Apple Inc.’s new Canton Road store in the Tsim Sha Tsui district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Many of the biggest technology companies are laying off staff as fears of
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Twitter is auctioning off espresso machines, kegerators, computers, and even oversized neon displays with the company’s logo as the social messaging
FTX logo displayed on a phone screen is seen through the broken glass in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki/NurPhoto via Getty Images Bankrupt crypto firm FTX said on Tuesday that $415 million worth of crypto was hacked from the exchange’s accounts, representing a sizable portion of the
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A number of factors are behind bitcoin’s New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as “whales.” Filip Radwanski | Sopa Images | Lightrocket | Getty Images Bitcoin has begun 2023 on
After a tumultuous 2022, crypto investors are trying to figure out when the next bitcoin bull run could be. Last week, at a crypto conference in St. Moritz, Switzerland, CNBC spoke to industry insiders who painted a picture of 2023 as year of caution. Bitcoin is expected to trade within a range, be sensitive to
In this article AMZN RIVN Follow your favorite stocksCREATE FREE ACCOUNT For the 275,000 Amazon drivers dropping off 10 million packages a day around the world, the job can be a grind. But a lot has changed since drivers in 2021 told CNBC about unrealistic workloads, peeing in bottles, dog bites and error-prone routing software.
In this article FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representative French Hill, a Republican from Arkansas, left, speaks during a news conference on Capitol Hill in Washington, D.C., July 24, 2018. Zach Gibson | Bloomberg | Getty Images Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto
The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images Crypto.com announced Friday that it’s laying off 20% of its workforce. CEO Kris Marszalek said in a blog post that the crypto exchange grew “ambitiously” but was unable to weather the collapse of Sam Bankman-Fried’s crypto empire
The Tesla Model Y (left) and Model 3 electric cars at the company’s official launch event in Bangkok on Dec. 7, 2022. The Model 3 is the company’s entry-level sedan. The Model Y is categorized by some as an SUV and others as a crossover. Lillian Suwanrumpha | Afp | Getty Images Electric vehicle maker
The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new area that investors need to
In this article BTC.CM= FTT.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in
In this article UBI-FR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Ubisoft video game company logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket via Getty Images Ubisoft shares plunged 21% on Thursday after the French video game maker reduced revenue guidance, cancelled three titles and pushed back
In this article FTT.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty
The Candy Crush Saga logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Spending on mobile games declined last year as consumers got more frugal with their purchasing decisions in response to rising inflation, according to a report from app analytics firm Data.ai. Mobile game spending fell 5% globally in 2022,
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty Images It wasn’t just Tom Brady and Gisele Bündchen. The roster of high-profile investors who lost money betting on crypto exchange
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs,
U.S. House Minority Leader Kevin McCarthy (R-CA) (R) talks to Rep. Jim Jordan (R-OH) as Representatives cast their votes for Speaker of the House on the first day of the 118th Congress in the House Chamber of the U.S. Capitol Building on January 03, 2023 in Washington, DC. Win Mcnamee | Getty Images House Republicans
“Chinese companies are getting pretty competitive for iPhone assemblers. China is doing quite well in pretty much everything, except semiconductors,” Kirk Yang, chairman and CEO of Kirkland Capital, told CNBC’s “Squawk Box Asia” Friday. CFOTO | Future Publishing | Getty Images More mainland Chinese electronics manufacturing companies are set to take away market share from
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