Google is raising pay, revamping employee reviews, documents show
Google is making changes to its performance evaluation and promotions process, which will result in higher salaries, executives said.
CNBC Technology
Bitcoin drops below $36,000 amid broader market sell-off
Bitcoin cratered this week as a major stock sell-off in the U.S. stock market spooked the cryptocurrency market.
Nvidia didn't tell investors enough about effects of crypto mining on its business, SEC says
In 2017, ETH rose from $10 to $800, driving demand for Nvidia graphics cards.
Google's cloud group forms Web3 team to capitalize on booming popularity of crypto
Google is quickly adding cloud talent as it chases Amazon and Microsoft. The latest focus is building tools to help companies run distributed applications.
Tech companies racked up over $17 billion in losses on equity investments in the first quarter
Amazon, Uber, Alphabet and Shopify each recorded losses of over $1 billion in the first quarter from their investments in other tech companies.
How Ireland lost its chance to become Big Tech’s ‘super regulator’
With the recently approved Digital Services Act, Ireland will no longer be at the center of the EU's clampdown on Big Tech.
Facebook caused chaos to put pressure on Australian lawmakers, report says
The report details actions Facebook took ahead of new legislation that would make digital platforms like Facebook and Google pay for news.
Binance is backing Elon Musk's Twitter bid, boosting crypto believers' vision of a 'decentralized' web
Changpeng Zhao, Binance's CEO, is a big believer in the crypto world's vision of a new kind of internet, known as Web3.
Scientists are hoping to grow coral reefs at the base of wind turbines in Taiwan
The planet's reefs face a number of threats, including coral bleaching.
Elon Musk expected to serve as temporary Twitter CEO after deal closes
Elon Musk is expected to serve as a temporary Twitter CEO for a few months after he completes his takeover of the company, sources told CNBC's David Faber.
Tech sell-off pushes Nasdaq to steepest drop since June 2020
E-commerce and cloud stocks led the decline in technology, which was hit particularly hard after the Federal Reserve raised its benchmark interest rate.
DoorDash rises after reporting 35% sales growth
DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled.
Union leader slams Amazon's labor practices at Senate hearing
The hearing examined whether Amazon and other companies should be barred from receiving federal contracts if they engage in anti-union activities.
TurboTax owner Intuit to pay $141 million to customers 'unfairly charged'
The tax filing software provider will pay restitution to 4.4 million customers who used TurboTax's Free Edition for tax years 2016 through 2018.
Shopify stock sinks 15% after earnings miss, $2.1 billion acquisition of logistics start-up
Shopify announced it would buy Deliverr, which provides fulfillment services for online merchants, for $2.1 billion, the largest acquisition in its history.
Bill Gates questions Elon Musk's goals with Twitter: 'He could make it worse'
Bill Gates has warned that Elon Musk could make Twitter worse after the Tesla CEO pledged to buy the social media firm for $44 billion.
Tesla bull Ron Baron says Musk got an 'incredibly cheap' deal on Twitter
Baron's firm committed $100 million in equity to support Musk's takeover plans, a new filing revealed Thursday.
New York is close to a bitcoin mining crackdown — here's what that means for the industry
Lawmakers sponsoring the legislation say they are looking to curb the state's carbon footprint.
Elon Musk got another $7 billion from friends and investors to buy Twitter
Oracle co-founder Larry Ellison, venture capital firm Sequoia and crypto exchange Binance are among the investors that plan to support Elon Musk's Twitter bid.
'Buy now, pay later' will soon affect your credit score in the UK
Starting June 1, Klarna will share data on whether Brits paid off a "buy now, pay later" loan in time to the credit bureaus TransUnion and Experian.
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