Sen. Blumenthal asks Mark Zuckerberg to testify about Instagram's impact on kids
Blumenthal said it is "urgent and necessary" for Zuckerberg or Instagram chief Adam Mosseri to testify in order "to set the record straight."
CNBC Technology
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch
Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund.
PayPal is in late-stage talks to acquire Pinterest
Shares of Pinterest soared Wednesday morning on reports PayPal may acquire the social media company.
DC attorney general wants to hold Mark Zuckerberg personally responsible for Cambridge Analytica scandal
The District of Columbia's attorney general added Facebook CEO Mark Zuckerberg as a defendant in a complaint over the Cambridge Analytica scandal.
Snap CEO Evan Spiegel says social media companies must take responsibility instead of waiting for laws
Snap CEO Evan Spiegel appeared to be taking a shot at rival Facebook, which has faced harsh scrutiny over some of its business practices.
Alibaba expands cloud business abroad with new data centers in Asia, stepping up rivalry with Amazon
Alibaba's cloud computing expansion has focused on Asia, pitting it against U.S. rivals like Amazon and Microsoft.
Facebook fined $69 million by UK competition watchdog for 'deliberate' breach during Giphy probe
Facebook has been fined £50.5 million ($69 million) for breaching an order imposed by the U.K. competition regulator.
'No commercial case for green hydrogen' yet: Siemens Energy CEO
Christian Bruch made his comments during a discussion at CNBC's Sustainable Future Forum.
Alibaba shares surge nearly 7% after Jack Ma appears in Europe and company releases new chip
Alibaba founder Jack Ma has been largely out of the public view since October 2020 when he made comments that appeared to criticize Chinese regulators.
Most young crypto traders don't realize it's not regulated, UK markets watchdog says
Most cryptocurrency investors under the age of 40 don't realize it isn't a regulated product, according to the U.K. Financial Conduct Authority.
Theranos boasted of 'highest levels of accuracy' in mailings to Rupert Murdoch and other investors
Daniel Edlin, a former Theranos project manager, testified in Elizabeth Holmes' trial about presentations made to investors including Rupert Murdoch.
Netflix posts solid beats on earnings and new subscribers
Netflix announced it will change the way it reports viewing metrics.
NBA lands first cryptocurrency sponsorship with Coinbase
Coinbase also gets WNBA, NBA G League and USA Basketball branding as part of agreement.
Coinbase stock rises after Facebook taps it for help on new cryptocurrency project
Facebook launched its digital wallet called Novi with the help of Coinbase.
Netflix co-CEO Reed Hastings dodges questions on Chappelle controversy
The company is facing backlash from the show, which has been criticized for containing transphobic and homophobic content.
Amazon says sellers are doing great on its marketplace, as regulators turn up the heat
Lawmakers have recently zeroed in on Amazon's treatment of third-party merchants, including how it uses seller data to create private-label products.
Facebook Portal Go review: A great portable video calling screen marred by the company’s privacy and trust issues
Facebook's portable Portal Go is an excellent device for video calling, but the fact that it's made by Facebook makes it difficult to trust with your privacy.
German food delivery giant Delivery Hero leads $1 billion investment in grocery start-up Gorillas
Delivery Hero has invested $235 million in Gorillas as part of a $1 billion funding round.
Chinese EV maker Xpeng's flying car company raises over $500 million as it aims to roll out in 2024
HT Aero, Xpeng's flying car company, said it plans to launch a flying car model that can operate in the air as well as on roads.
Shares of China's Xiaomi jump 5% on news it will mass produce its own electric cars in 2024
In March, Xiaomi announced its entrance into the electric car race and said it plans to invest $10 billion into the business over the next 10 years.
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