A fintech helping banks enter the cloud hits $1 billion valuation in JPMorgan-backed investment
Thought Machine says its software helps big banks move away from legacy IT infrastructure to a modern, cloud-based platform.
CNBC Technology
Elon Musk urges Tesla employees to reduce cost of vehicle deliveries
Rather than rushing orders out last-minute to hit end of quarter sales goals, Tesla CEO Elon Musk wants employees to focus on slashing cost of deliveries.
AMC, Sony offering NFTs to people who purchase advance Spider-Man tickets
The theater giant and Sony Pictures will offer 86,000 non-fungible tokens.
Extinction Rebellion target Amazon UK hubs with blockades on Black Friday
Protestors from Extinction Rebellion blockaded Amazon distribution centers in the U.K. as part of an effort disrupt the e-commerce giant's Black Friday.
Bitcoin enters bear market territory as risk assets plunge on new Covid variant
The cryptocurrency is down 20% from an all-time high of nearly $69,000 which it hit earlier this month.
J.D. Vance, an ally of tech investor Peter Thiel, made almost $1 million in the period before he launched his Ohio Senate campaign
"Hillbilly Elegy" author and venture capitalist J.D. Vance made almost $1 million in the buildup to his campaign for Ohio's Senate seat.
Zoom, Peloton shares rise on new Covid variant fears
Shares of Zoom and Pelton closed were up more than 5% on Friday as the concern of a new Covid variant boosted some stay-at-home stocks.
Didi shares sink on a report that Chinese regulators have asked it to delist from U.S.
Didi could either go for a privatization or a listing in Hong Kong after delisting in the U.S, the Bloomberg report said.
Apple's computerized glasses will be as powerful as a Mac and launch next year, top analyst says
The Apple glasses will have more computing power than its rivals, according to top analyst Ming-Chi Kuo.
$46 billion fintech Klarna sees losses quadruple amid surging demand for buy now, pay later
Buy now, pay later products like Klarna's have seen surging demand over the last year, thanks in no small part to the coronavirus pandemic.
Uber on brink of pausing operations in Brussels after court ruling
Uber has been ordered to stop offering its main ride-hailing service in the Belgian capital of Brussels from Friday.
'For us, it is not a solution': Enel CEO skeptical over the use of carbon capture
Francesco Starace made his comments during an interview with CNBC.
India might tighten crypto rules instead of imposing an outright ban, crypto exchange boss says
A parliamentary bulletin dated Nov. 23 showed that the Indian government plans to introduce a new bill that seeks to ban most private cryptocurrencies.
Tencent must get approval from Chinese regulators before publishing new apps and updates
China's Ministry of Industry and Information must review any new apps and updates by Tencent before they can be launched.
Instagram chief Adam Mosseri to testify before Congress for the first time
Instagram's chief executive Adam Mosseri is expected to testify before Congress for the first time the week of Dec. 6.
Elon Musk sold another $1 billion in Tesla shares on Tuesday
It marks a total of $9.85 billion in stock offloaded in the past two weeks.
Tesla bull Cathie Wood says Apple should've bought the EV pioneer, but 'we're happy they didn't'
Ark Invest's Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla.
Amazon executive overseeing brick-and-mortar store push departs the company
Cameron Janes managed the development and operations of Amazon's growing footprint of brick-and-mortar retail, like its cashierless Go stores.
Why airport security is so slow and how the TSA and airlines are trying to fix it
The time it takes to get through airport security has become increasingly long. The TSA and airlines are turning to technology to try to speed things up.
Stripe says it's open to accepting crypto for payments, three years after ending bitcoin support
Stripe isn't ruling out accepting cryptocurrency as a method of payment in the future, co-founder John Collison said Tuesday.
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