Amazon CEO Andy Jassy says he's concerned about Congress not raising debt ceiling
Amazon CEO Andy Jassy warned Tuesday that U.S. consumer confidence could drop if lawmakers don't raise the debt ceiling soon.
CNBC Technology
SoftBank says new Latin America fund has at least $3 billion to invest in regional start-ups
SoftBank and others are racing to invest in Latin America, which is home to several fast-growing financial service companies.
Amazon plans to hire another 125,000 employees, paying them an average of $18 per hour
Amazon said Tuesday it is looking to fill 125,000 roles as competition for workers in a tough labor market continues to heat up.
The UK government now holds stakes in over 150 start-ups
The U.K. government now holds stakes in 158 start-ups after a series of taxpayer-funded loans, issued through the so-called Future Fund, converted into equity.
‘Ignore China at your peril’: Ad mogul Martin Sorrell on Beijing’s tech crackdown
British businessman Martin Sorrell has warned that it's unwise for companies to completely ignore China despite the challenges that exist in the country.
South Korea's antitrust regulator fines Google $177 million for abusing mobile market dominance
Google allegedly used its market position to block smartphone makers from using operating systems developed by rivals, according to the regulator.
Alibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai
Alibaba's involvement in the funding round underscores the ambitions of China's technology giants to get a foothold in the area of driverless cars.
Analysts explain how the Apple-Epic court ruling could affect Google
Analysts are now looking to the potential effect on Google's Play Store following a court ruling in the Epic vs. Apple case.
Oracle falls short on revenue as it ramps up cloud investment
While Oracle has been investing more in capital expenditures to meet expected demand for cloud services, revenue fell short of estimates in multiple segments.
Intuit to buy email marketing company Mailchimp for $12 billion in cash and stock
Intuit is purchasing popular automated email and marketing platform Mailchimp for $12 billion.
Facebook shields millions of VIP users from standard moderation protocols, per report
Facebook is using a program that whitelists millions of VIP users from the company's standard content moderation practices, according to a report.
Toast seeks $16 billion valuation at IPO after restaurant-tech company helped eateries survive pandemic
Toast's valuation has doubled since November, based on the top of the company's price range in its updated IPO prospectus.
Biden will nominate privacy advocate Alvaro Bedoya to the FTC
Bedoya's academic work has scrutinized surveillance technologies including facial recognition.
Private equity firm Siris Capital in talks to acquire cybersecurity firm Radware, sources say
Private equity firm Siris Capital in talks to acquire cybersecurity firm Radware, sources say.
DC attorney general goes after Amazon’s first-party business in amended antitrust complaint
D.C. Attorney General Karl Racine has broadening the scope of his investigation to target Amazon's relationships with first-party sellers.
UK government ends one of its data-sharing contracts with Palantir
The U.K. government has ended a controversial data-sharing agreement with U.S. tech firm Palantir following criticism from privacy campaigners.
Swiss stock exchange gets regulatory approval for digital token offering
The firm first unveiled plans to debut an exchange for digital assets in 2018.
China will reportedly break up Ant Group's Alipay and force creation of new loans app
Beijing plans to break up Ant Group's Alipay and create a separate app for the fintech giant's loans business, the Financial Times reported Monday.
Facebook to buy $100 million worth of unpaid invoices from 30,000 small businesses owned by women and minorities
Facebook announced a $100-million commitment to a program that supports small businesses owned by women and minorities by buying up their outstanding invoices.
Salesforce offers to relocate employees and their families after Texas abortion law goes into effect
In a message to employees, Salesforce said on Friday that it will help employees and their families relocate if they're concerned about reproductive care.
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