WWE boss Vince McMahon steps away from CEO role, will address misconduct probe on 'Smackdown'
WWE Chairman and CEO Vince McMahon is stepping back from his duties as the company's board investigates alleged misconduct by the executive.
CNBC Technology
Stolen goods sold on Amazon, eBay and Facebook are causing havoc for major retailers
Legislators and retailers want Amazon and Facebook Marketplace to crack down on the sale of stolen goods following a recent spree of organized retail theft.
Elon Musk had a bad week
In what's been a particularly eventful year for Elon Musk, this was a decidedly rough week.
Meta's Silicon Valley home, Menlo Park, plans to electrify 95% of its buildings
Menlo Park, a tech and venture capital hub, has a plan to go 100% carbon neutral and will work with BlocPower to electrify 95% of buildings for climate goals.
SpaceX fires at least 5 employees over internal letter criticizing CEO Elon Musk
SpaceX has fired at least five employees involved in circulating a letter around the company that was critical of CEO Elon Musk.
Lawmakers urge Google to tackle misleading abortion search results
Lawmakers are urging Google to clamp down on misleading search results that allegedly steer people searching for abortion services to "fake" clinics.
Amazon's big Prime Day sale runs July 12 and 13
The event is also a big revenue driver for other retail sites, which often offer competing discounts to consumers.
A huge offshore wind farm is jumping on a growing industry trend — recyclable turbine blades
Swedish energy firm Vattenfall is one of several companies looking into recycling wind turbine blades to address an industry headache.
Fed up with endless cookie consent boxes? The UK plans to kill them off
The government says new data reforms will reduce the number of banners that appear on websites asking people to consent to cookies.
Billionaire investor Orlando Bravo warns there's 'more pain to come' for the tech sector
Investors asking tech firms for a path to profitability are "not going to love what they see," Bravo said.
Bitcoin's plunge spells trouble for the dot-com era entrepreneur who went all in
A $4 billion bet on bitcoin by software firm MicroStrategy is in jeopardy after the cryptocurrency's recent plunge.
China's tech regulation is getting more 'rational,' says top executive of JD.com
Regulation on China's technology sector is not loosening, it's just becoming more "rational," Xin Lijun, a top executive at e-commerce firm JD.com, told CNBC.
Adobe shares move lower after full-year projections fall short
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
TikTok exec: We're not a social network like Facebook, we're an entertainment platform
As Facebook looks to copy more features from TikTok, the popular short video service says it's not a social network
Bitcoin falls as sell-off in risk assets resumes, trades at levels not seen since 2020
Bitcoin is trading at levels not seen since December 2020 after it nearly fell below $20,000.
Fanatics hires former Dick Clark Productions CEO to lead its collectibles business
Fanatics has tapped former Dick Clark Productions CEO Mike Mahan to lead its trading cards and digital collectibles business, including Candy Digital and Topps.
Remember Foursquare? The location tech used by Apple, Uber and Coca-Cola knows you
Foursquare was an early leader in the iPhone-based location services economy, but shifted much of its focus to consumer location data for big brands.
New crypto fundraising start-up will take political donations in digital currencies as 2022 midterms heat up
The new platform, titled Engage Raise, is set to launch in July and will allow federal candidates to raise campaign cash solely through cryptocurrencies.
China's multi-billion dollar shopping festival tests e-commerce giants and consumer appetite
China is in the midst of the annual "618" shopping festival where the country's e-commerce giants Alibaba and JD.com try to entice shoppers with huge discounts.
Netflix's binge-release model is under new scrutiny as the streaming giant struggles
Netflix disrupted traditional TV by releasing entire seasons of shows all at once. Now, the model is under scrutiny as the streamer deals with big losses.
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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