El Salvador's bitcoin experiment: $60 million lost, $375 million spent, little to show so far
The use of bitcoin in El Salvador appears to be low, as the currency has lost about 60% of its value since the experiment started.
CNBC Technology
Globally critical chip firm tells U.S. staff to stop servicing China customers after Biden export curbs
ASML, one of the world's most important semiconductor toolmakers, told U.S. employees to servicing Chinese customers in response to Washington's export curbs.
Trump SPAC stock jumps after Google adds Truth Social to Play Store
Google added Donald Trump's Truth Social app to its Play Store, after previously saying it didn't meet content moderation standards.
Crypto prices are higher ahead of key inflation data, bitcoin holds at $19,000
Investors in the virtual currency space shrugged off a higher-than-expected inflation report in anticipation of Thursday's CPI read.
Shuttered businesses, canceled warehouses and hiring freezes: Amazon is having a wave of frugality under CEO Andy Jassy
With Amazon's stock down 33% this year and recession concerns mounting, the company is in the unfamiliar position of cutting costs.
Microsoft unveils three new Surface computers: laptop, tablet and PC
Microsoft unveiled the Surface Laptop 5, the Surface Pro 9 and the Surface Studio 2+ at an event in New York on Wednesday.
Google is selling its first Pixel Watch with Fitbit technology, but it's too little, too late
Google's first Pixel Watch with Fitbit has a beautiful, inconspicuous design, but lacks any groundbreaking features to justify the $350 price tag.
Microsoft's GitHub is relying more on Azure, says cloud chief
GitHub services such as Actions, Codespaces and Copilot all draw on Azure four years after the acquisition, Microsoft's cloud chief said in an interview.
Microsoft cloud leader Scott Guthrie says companies aren't holding off on cloud spending as inflation mounts
Some organizations are speeding up their cloud adoption because energy costs are shooting higher, including in Europe, Microsoft's Scott Guthrie said.
Amazon workers at Southern California warehouse file for union election in potential first for the state
Should the NLRB authorize an election, it would mark the first time workers at a California Amazon site have held a vote on whether to join a union.
Mark Zuckerberg sets expectations for his new $1,500 metaverse gadget at rock bottom
Zuckerberg said there will soon be a "trough of disillusionment" around metaverse technology.
Microsoft launches Designer, its answer to highly valued startup Canva
Microsoft initially wants to pick up consumer use with its Designer application for graphic design. Over time it could bring the tool to companies.
Facebook whistleblower, former defense and intel officials form group to fix social media
The Council for Responsible Social Media says it aims to address the harmful impacts social media can have on kids, communities and national security.
How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
Amazon continues to invest in private labels such as AmazonBasics, despite accusations that the company copies some of its top-selling third-party products.
Former Google ads boss launches ‘Web3’ search startup with backing from Coinbase, top VCs
Sridhar Ramaswamy, the former head of Google's ad business, has raised $40 million in funding for a new crypto infrastructure startup called nxyz.
The software used in bitcoin mining is getting its first big makeover in more than a decade — here's what's changing
A coalition of bitcoin developers is releasing version 2 of Stratum for the mining industry to evaluate and test, and Block and Braiins are pushing it forward.
America's 'once unthinkable' chip export restrictions will hobble China's semiconductor ambitions
America's introduced sweeping rules aimed at cutting China off from key chips and components for supercomputers. That could hurt China's semiconductor industry.
Mark Zuckerberg takes veiled shots at Apple after releasing $1,499 VR headset
"Closed ecosystems focus on tight control and integration to create unique experiences and lock in."
Elon Musk denies report that he talked to Putin recently about Ukraine war
Ian Bremmer reported that the Tesla CEO had spoken to the Russian leader before tweeting about the war in Ukraine, but Musk denied it.
Meta CEO Mark Zuckerberg debuts Meta Quest Pro VR headset that will cost $1,500
The new Meta Quest Pro device will cost $1,500 and contains some mixed-reality features intended to overlay digital imagery in the physical world.
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