El Salvador bought $21 million of bitcoin as it becomes first country to make it a legal currency
El Salvador's bitcoin law, which was passed in June, took effect on Tuesday, making the world's most popular cryptocurrency legal tender.
CNBC Technology
Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender
Bitcoin fell Tuesday after hitting its highest level since May as El Salvador became the first country to adopt the cryptocurrency as legal tender.
Microsoft acquires video-editing software start-up Clipchamp
Microsoft is buying video editing technology after the service saw strong growth in the pandemic, notably in video formats used on TikTok and Instagram.
Hulu is raising the price of its on-demand plans by a dollar on Oct. 8
The price hikes are effective Oct. 8.
Ford poaches top tech executive Doug Field who helped lead Apple's top-secret car project
Ford has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced Tuesday.
Amazon is now shipping cargo for outside customers in its latest move to compete with FedEx and UPS
Amazon is on a spending spree in its latest move to compete with FedEx and UPS. It's now shipping cargo for outside customers.
Apple sends invites for Sept. 14 launch event, where new iPhones are expected
Apple sent out invitations to the media for its annual September event, where the company is expected to launch new iPhones.
QAnon and anti-vaxxers brainwashed kids stuck at home — now teachers have to deprogram them
The prevalence of conspiracy theories among U.S. adults is presenting a new set of challenges to kids and educators.
Elizabeth Holmes is living on the grounds of a $135 million Silicon Valley estate during her trial
CNBC has learned former Theranos CEO Elizabeth Holmes has been staying in one of the homes on the Green Gables estate.
Tech giants are rushing to develop their own chips — here’s why
Apple, Amazon, Facebook, Tesla and Baidu are all shunning established chip firms and bringing certain aspects of chip development in-house.
JD.com appoints new president as founder steps back from day-to-day operations
JD.com's founder and CEO Richard Liu is stepping back from day-to-day operations. Xu Lei will take up the newly-created role of president.
Warren Buffett-backed electric carmaker BYD sees August sales surge more than 300%
BYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago.
China's tech giants pour billions into Xi's vision of 'common prosperity'
Alibaba joins a chorus of technology giants pouring money into President Xi Jinping's goal of "common prosperity" as the sector faces scrutiny from regulators.
Republican lawmaker readies bill mandating foreign subsidy disclosures for mergers
The draft bill builds on a recommendation last year from the bipartisan U.S.-China Economic and Security Review Commission.
Apple's strategy to fight off antitrust regulators: Fix the App Store one rule at a time
But while the concessions can seem like a shift in Apple's approach to App Store policy, they are a clear continuation of Apple's existing strategy.
How Amazon's cloud business generates billions in profit
Amazon Web Services doesn't disclose profit margins by product. Outsiders said network-transfer fees and storage could be making meaningful contributions.
This map shows how Amazon is rapidly growing its air fleet across the U.S.
Amazon's air cargo fleet is an increasingly critical component of its logistics machine.
Bitcoin miners and oil and gas execs mingled at a secretive meetup in Houston – here's what they talked about
On a residential back street of Houston, 200 oil and gas execs and bitcoin miners mingled, drank beer, and talked shop on a recent Wednesday night in August.
MongoDB surge wraps up a massive week for open-source software as a business
MongoDB surged about 25% on Friday after reporting better-than-expected earnings. It's now worth almost as much as IBM paid for Red Hat in 2019.
Lyft, Uber will cover legal fees for drivers sued under Texas abortion law
The law allows people to prosecute rideshare drivers for transporting women to clinics to receive abortions, where they could be fined $10,000.
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