TikTok owner ByteDance's revenue surged 111% in 2020, records 1.9 billion users
ByteDance's revenue for 2020 totaled $34.3 billion, up 111% year-on-year, but its operating loss was $2.1 billion.
CNBC Technology
Travel app offers skittish vacationers 60-day freeze on hotel rates
Hopper rolled out its "Price Freeze for Hotels" feature. The app now lets users lock in the best rate at a specific hotel for up to 60 days.
Miami's mayor looks to woo Chinese bitcoin miners with low energy prices and clean nuclear power
Mayor Francis Suarez says Miami’s doors are open to bitcoin miners in China who are currently scrambling to find a new home.
About one-quarter of U.S. TV time is spent watching streaming services, says Nielsen
Network and cable TV still hold strong, accounting for 64% of time spent on televisions, according to data from Nielsen.
Genetic testing company 23andMe rises in first trade after Richard Branson SPAC merger
23andMe, a genetic testing start-up that pioneered personalized medicine as a consumer business, trades under ticker "ME" in a deal with Richard Branson's SPAC.
Waymo driver hit a scooter in San Francisco, no injuries reported
Waymo has been one of Alphabet's ambitious long-term "Other Bets." In general, driverless vehicles and robotaxi services have been slow to manifest in the U.S.
Facebook CEO Mark Zuckerberg envisions Peloton-like fitness subscriptions for VR
Zuckerberg spoke at French tech conference VivaTech on Thursday with Publicis Groupe Chairman Maurice Levy.
Microsoft updates Office apps for a world in which more people work from home
Microsoft on Thursday announced enhancements to its Whiteboard app that will make it easier for multiple people to doodle, leave sticky notes and more.
Take a look inside Google's first retail store ahead of its opening
The store is Google's first permanent retail location and shows that it aspires to create a place where consumers can come and buy its gadgets.
Intel CEO sees '10 good years' of chip industry growth
"I predict there's 10 good years in front of us, because the world is becoming more digital, and everything digital needs semiconductors."
Instagram officially brings ads to its TikTok competitor Reels
The ads will be full screen and appear on loops of up to 30 seconds.
British fintech firm Wise plans to go public in London via rare direct listing
Wise, formerly known as TransferWise, said its stock market debut will be the first direct listing of a tech company in London.
Baidu pushes to put driverless taxis on China's roads, pledging to build 1,000 in 3 years
Baidu has been testing driverless taxis but has now partnered with state-owned automaker BAIC Group to try and commercialize a robotaxi service in China.
Facebook to begin testing ads inside Oculus virtual reality headsets
Facebook on Wednesday announced that it will begin testing advertisements that will appear within the company's Oculus virtual reality headsets.
House Republicans zero in on Big Tech's relationships with China
The expansion of the Big Tech Accountability Platform signals how seriously Republicans are taking issues surrounding the industry.
Microsoft CEO Satya Nadella named chairman of the board
The change reflects the success Nadella has had in the past seven years making Microsoft more prominent in technology and business altogether.
Amazon asks social media companies to help it root out fake reviews
Amazon didn't name call out any social media platforms by name, but recent investigations have found that fake review groups are prevalent on Facebook.
How to schedule Slack messages when you're away from work
Slack recently began rolling out a new feature that lets you schedule messages to send later.
Apple CEO Tim Cook criticizes European law that would break App Store hold
"I look at the tech regulation that's being discussed, I think there are good parts of it. And I think there are parts of it that are not in the best interests of the user," Cook said.
Democrats and Republicans show rare unity in desire to crack down on big tech companies
The top Republican on the subcommittee, Rep. Ken Buck, R-Colo., shared why he came around to legal reform as the solution.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
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