Coinbase extends hiring pause for 'foreseeable future' and plans to rescind some offers
Coinbase has lost more than 70% of its value this year as the turmoil in the economy and market leads to a drop in users.
CNBC Technology
Here's the email Elon Musk sent all Tesla employees about 10% head count reduction
Tesla is cutting 10% of its salaried employees CEO Elon Musk wrote in an email to all employees there on Friday.
Amazon CEO of Worldwide Consumer Dave Clark resigns
Amazon's top retail boss is stepping down effective July 1, the company announced in a securities filing on Friday.
'Lots of luck on his trip to the moon': Biden shrugs off Elon Musk's economic fears, touts Ford investments
The president had been asked about Musk after a speech in Delaware touting the solid jobs report released earlier Friday.
Apple's big annual conference kicks off next week: Here's what to expect
The new "bits," as attendees often call the updates, are the biggest Apple software announcement of the year.
Musk's Twitter deal faces backlash from advocacy groups that are seeking to block it
Accountable Tech, Center for Countering Digital Hate, GLAAD and other nonprofits warn Musk will degrade safeguards on Twitter if he buys the company.
New CNN boss has a message for staffers: Cool it with the 'Breaking News' banner
Chris Licht wrote a memo to staff on Thursday with new guidelines about when to use CNN's 'Breaking News' banner.
Tesla monitored its employees on Facebook with help of PR firm during 2017 union push
Records show that Tesla paid MWW PR to monitor workers online in 2017, including in a Tesla employee Facebook group. They paid special attention to organizers.
New York just passed a bill cracking down on bitcoin mining — here's everything that's in it
Lawmakers in New York just passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources.
Gas or renewables? With the world in an unprecedented energy crisis, top CEOs are searching for solutions
Business leaders weigh in on the energy transition and the potential for solar and wind.
Cloud stocks mount big rally led by UiPath, as investors bet tech valuations have bottomed
UiPath surged after raising its guidance, and the basket of cloud software stocks had one of its best days of a very rough year.
The energy in nuclear waste could power the U.S. for 100 years, but the technology was never commercialized
The technology to turn nuclear waste into energy, known as a nuclear fast reactor, has existed for decades. Now, it's getting a second look.
Cruise gets green light for commercial robotaxi service in San Francisco
Riders will soon be able to pay for a driverless taxi ride in San Francisco from Cruise, which is majority-owned by General Motors.
Winklevoss twins' Gemini cutting 10% of its staff, saying 'crypto winter' is here
Winklevoss brothers are laying off 10% of the workforce at Gemini, a first for the U.S.-based cryptocurrency exchange and custodian.
Wall Street and the problem of "way too many publicly traded fintechs"
When Wealthfront was acquired by UBS it seemed like a scaling back of ambitions by the roboadvisor, but the reality in fintech is Wall Street will often win.
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
Elon Musk tells Tesla workers to return to the office full time or resign
Tesla CEO Elon Musk said on Twitter: 'They should pretend to work somewhere else.'
Sheryl Sandberg sold $1.7 billion worth of Facebook stock over the last decade
Over the past decade, Sandberg has sold over 75% of her shares through regularly scheduled share sale programs.
Amazon to shut down Kindle store in China
The company follows other U.S. tech giants that have recently pulled back in the country, including Microsoft's LinkedIn and Airbnb.
Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund's 2022 losses to over 50%
Chase Coleman's Tiger Global Management suffered huge losses in May amid a tech-driven sell-off.
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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