Biden plans to go after social media and kids’ mental health in SOTU speech
President Joe Biden will discuss data privacy and online safety when he delivers State of the Union address
CNBC Technology
Microsoft likely to reveal ChatGPT-related service at event on Tuesday
Microsoft on Monday announced plans to host a news event that could be related to the AI chatbot ChatGPT.
Winklevoss twins' crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.
Nintendo cuts sales forecast for its ageing Switch console after disappointing holiday season
Nintendo said it now expects to sell 18 million Switch units for the fiscal year ending March 2023, down from a previous forecast of 19 million.
SoftBank's Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant
SoftBank's flagship investment arm, the Vision Fund, has been hit by a slump in technology valuations over the past year.
Pinterest shares slip on fourth-quarter revenue miss and weak forecast
Pinterest reported revenue for the fourth quarter that missed analysts' estimates
Bitcoin struggles around $23,000 level as new-year rally loses steam
Bitcoin dropped below $23,000 Sunday, bringing the cryptocurrency's monthly gain to less than 1%.
Dell to lay off 6,650 workers, or 5% of its workforce
Dell on Monday announced plans to lay off more than 6,650 employees, or about 5% of its workforce.
Amazon scales back cargo flying as demand cools, contractor says
Air Transport Services Group said Amazon will be flying less in response to slowing consumer demand and a worsening economic outlook.
Retailers in China enact rare price cuts for Apple's high-end iPhone 14 line
Price cuts to Apple's iPhone 14 Pro and Pro Max in China come amid a smartphone demand slump in the world's second-largest economy.
A prominent UK cybersecurity stock is under attack from short sellers. Here's what you need to know
Cybersecurity firm Darktrace was targeted in a short seller report from New York-based asset manager Quintessential Capital Management.
Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
Elon Musk tweeted Sunday that the last few months have been "extremely tough," but said that Twitter is "now trending to break even."
Inside the 'Wormhole,' Relativity Space's monster factory 3D-printing reusable rockets
Relativity Space uses a novel approach to manufacturing launch rockets out of mostly 3D-printed structures and parts.
Cloud leaders Amazon, Google and Microsoft show the once-booming market is cooling down
Companies looked for ways to save money on their cloud bills in the fourth quarter, a trend that could persist for at least the first half of 2023.
Jury finds Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets
Tesla CEO Elon Musk was found not liable in a shareholder class-action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.
Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021
Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.
Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet
Despite Amazon's mixed fourth-quarter earnings report, analysts were encouraged by the company's potential for long-term growth and efforts to tame expenses.
Activision Blizzard pays SEC $35 million to settle probe
Activision Blizzard will pay $35 million to settle an SEC probe over whistleblower protection violations and disclosure failings.
Amazon is shutting some Fresh and Go stores as the company cuts costs
Amazon is exiting some Fresh and Go stores with 'low-growth potential' as it works to cut costs, the company said on its fourth-quarter earnings call.
Apple's long-term positives outweigh rare earnings miss, Morgan Stanley says
Apple's top and bottom line misses don't change the underlying bullish thesis for the company, Morgan Stanley analysts said.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
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