Amazon's Twitch CEO steps down nearly 10 years after acquisition
Amazon acquired the livestreaming website for almost $1 billion in 2014.
CNBC Technology
UK bans TikTok on government devices following U.S. move
The United Kingdom on Thursday announced plans to ban the Chinese-owned video app TikTok on government devices.
TikTok confirms the U.S. has threatened ban if Chinese parent ByteDance doesn't sell stake
The U.S. has a number of concerns about TikTok and has maintained the Chinese-owned app presents a national security risk.
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
Chinese ride-hailing giant Didi plans expansion after Beijing's crackdown on the firm ends
The Beijing-headquartered company said in an online statement that it plans to work with partners in 2023 to launch more diversified products and services.
Southeast Asia VC firms could see a larger impact from SVB fallout than startups
Some VC firms could face challenges in finding another bank that offers the same product offering as Silicon Valley Bank.
Sea Group's digital bank launches in Singapore to a select group of individuals
Singapore tech giant Sea Group has launched its digital banking services to select members of the public.
Snap stock surges on report that Biden may ban TikTok
Shares in U.S. social media firms Snap and Meta jumped after a report indicated that the Biden Administration could ban TikTok.
Stripe slashes valuation to $50 billion in new $6.5 billion funding round
Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation.
Google ends enterprise sales of Google Glass, its augmented reality smartglasses
It's the end of the line for Google Glass, one of the first -- and most-recognized -- smart glasses products from a big tech company.
Mark Zuckerberg says Meta employees who work in person 'get more done'
Meta is "refining" its distributed work model as part of its "year of efficiency"
In client call, SVB's new CEO urges clients to bring funds back to the bank
Silicon Valley Bank's new CEO Tim Mayopoulos pitched venture and startup clients hard to help keep the bank alive in a 30-minute call.
Silicon Valley Bank seizure leaves a massive hole — and a large opportunity — in the world of climate finance
SVB has been a go-to bank in serving the climate tech community. Now, there's a hole to fill.
Apple supplier Foxconn expects decline in consumer electronics demand, prioritizes global growth
Foxconn, a major iPhone supplier and Apple vendor, warned that it expected a decline in consumer electronics demand in the coming year.
Zipline unveils P2 delivery drones that dock and recharge autonomously
Logistics startup Zipline wants to make deliveries by drone a sustainable, everyday convenience in the U.S.
Apple, Amazon, Google will likely get a reprieve from GOP-controlled House on antitrust legislation
House Republican leadership likely won't focus on antitrust legislation, giving a key victory to the tech giants of Google, Amazon and Apple.
Samsung to spend $228 billion on the world's largest chip facility as part of South Korea tech plan
Samsung Electronics said Wednesday it plans to invest 300 trillion Korean won ($228 billion) in a new semiconductor complex in South Korea.
Four days of panic: How startup execs navigated SVB's meltdown and prepared for the worst
When SVB failed last week, tech CEOs had a lot to worry about, most immediately how they would make payroll for March 15.
Bitcoin is already up 50% this year — beating stocks and gold
On Jan. 1, bitcoin began trading at just over $16,500. On Wednesday, it was hovering around the $25,000 mark, thanks to a rally that began on Sunday.
SVB's failure will have a ripple effect across technology 'for years to come'
Silicon Valley Bank's collapse is likely to be felt across the technology landscape globally over the coming years.
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