Tesla fires Singapore country manager after Elon Musk warns of job cuts
Tesla CEO Elon Musk recently told employees about plans to reduce salaried head count by 10%.
CNBC Technology
BlockFi, the Peter Thiel-backed crypto lending start-up, cuts 20% of its staff as bitcoin plunges
Popular crypto lender BlockFi is cutting around 20% of its staff after the "dramatic shift in macroeconomic conditions."
The crypto industry just had one of its worst days ever — Here's what happened
Crypo markets sold off on Monday as trading platforms halted withdrawals and digital currency companies cut jobs.
Binance paused bitcoin withdrawals for several hours Monday due to a 'stuck transaction'
Binance temporarily paused bitcoin withdrawals, the company's CEO said in a tweet.
Oracle shares rise on better-than-expected earnings report
Oracle exceeded estimates on the top and bottom lines for its fiscal fourth quarter.
Crypto lender Celsius pauses withdrawals due to 'extreme market conditions'
The firm had more than $8 billion lent out to clients and almost $12 billion in assets under management as of May.
Coinbase slips more than 11% as bitcoin dives
Coinbase makes a commission when people buy and sell cryptocurrencies. Monday's move appears to be tied to the tumbling crypto market.
Amazon says it will begin delivering packages by drone in California later this year
Amazon said Monday that it will begin to deliver products using Prime Air drones in Lockeford, California, later this year.
'The mood is very grim': Once-hot fintech sector faces IPO delays and consolidation
The bosses of major fintech players have sounded the alarm about deteriorating macroeconomic conditions.
'Buy now, pay later' firms were already in trouble. Apple just gave them one more thing to worry about
Apple's move into the crowded "buy now, pay later" space has raised the stakes for the fintech companies that pioneered the trend.
Chinese automakers want to bring assisted driving to the masses
As Chinese companies race for a slice of the world's largest car market, they're betting heavily on assisted driving technology.
Cramer: 15 things I learned about the changing tech sector from my week in Silicon Valley
Over the past week, Jim Cramer reconnected with many executives and CEOs in CNBC's San Francisco bureau, and he was shocked by how much is different from 2020.
Apple's newest homegrown chips present a fresh challenge to Microsoft's Windows business
Apple could gain share from Microsoft Windows in PC shipments after announcing its new and more powerful M2 processors.
Amazon is flying internet influencers to luxurious resorts in bid for social media clout
Amazon hosted more than a dozen internet starts at a resort in Mexico last month and is stepping up its efforts to lure social media influencers.
Tesla files for 3-for-1 stock split
Tesla plans a 3-for-1 stock split, and Elon Musk now holds 23.5% of shares.
Apple CEO Tim Cook pushes for privacy legislation 'as soon as possible' after visit to Congress
Apple CEO Tim Cook wrote a letter to Congress a day after he appeared on Capitol Hill and met with lawmakers.
DocuSign shares plunge 24% on profit miss and downgrades
The company on Thursday reported weaker-than-expected earnings for its fiscal first quarter, and gave disappointing billings guidance for fiscal 2023.
Cisco CEO Chuck Robbins tells employees U.S. needs new gun laws following Uvalde massacre
Cisco's CEO took on one of the most controversial political issues in the country in a meeting last week with employees.
Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
At the RSA Conference this week, security software companies were grappling with soaring attacks and the new realities of the capital markets.
Klarna CEO defends business despite massive losses and layoffs
The fintech reported a loss of $748 million last year and last month announced that it was laying off around 10% of its workforce.
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