Dogecoin surges more than 25%, market cap grows to $54 billion on Coinbase listing this week
The price of dogecoin, the original meme investment asset, soared on news that Coinbase Pro will list it this week.
CNBC Technology
Amazon Prime Day set for June 21 and 22
Prime Day will return to its normal summertime slot after Amazon postponed the two-day sales event last year due to the coronavirus pandemic.
Guild Education reaches $3.7 billion valuation amid labor shortage
Guild, which works with corporations including Lowe's and Walmart to educate employees, raises $150 million amid the tightest labor market in a decade.
Elon Musk tweets again, sending shares of 'Baby Shark' investor soaring
Shares of Samsung Publishing, investor in the producer of "Baby Shark," surged 6.29% on Wednesday after Elon Musk tweeted about the viral song.
China to hand out $6.2 million in digital currency to Beijing residents as part of trial
China has yet to do a nationwide rollout of the digital yuan but is instead focusing on trials in the form of lotteries around the country.
LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million
Confluent was started inside LinkedIn as an open-source project and is now going public with a market cap that will be in the billions of dollars.
Coinbase Pro opens up to dogecoin after cryptocurrency's 6,000% gain this year
Starting on Tuesday, Coinbase Pro will accept inbound transfers of dogecoin
Amazon backs federal bill to legalize marijuana and adjusts its drug testing policy for some workers
Amazon on Tuesday said it backs federal legislation to legalize marijuana. The company also said it will no longer screen some workers for cannabis.
Private equity money keeps pouring into tech, as Cloudera becomes latest multibillion-dollar buyout
Cloudera said Tuesday that it's being acquired by private equity firms in a deal valued at about $5.3 billion.
Zoom reports blowout earnings but warns of a coming slowdown
Zoom sees revenue growth slowing in the full fiscal year after the pandemic drove a blistering expansion in the video-calling business.
SoFi stock closes up more than 12% after debut on Nasdaq
SoFi went public by merging with Social Capital Hedosophia Corp V, a blank-check company run by venture capital investor Chamath Palihapitiya.
New media company from AT&T spinoff will be called Warner Bros. Discovery
The company's tagline will be, "the stuff that dreams are made of," in a nod to the 1941 Warner Bros. film "The Maltese Falcon."
Amazon warehouse workers injured at higher rates than those at rival companies, study finds
Amazon warehouse employees suffer injuries at higher rates than those who work at warehouses run by other companies, according to a new study.
Twitter is testing full-screen ads in Fleets, its competitor to Instagram Stories
Twitter will begin testing advertising in Fleets, its competitor to the "stories" features on platforms like Snapchat and Instagram.
Chip giants are making more money than ever as the semiconductor shortage rages
The world's 10 biggest chip manufacturing companies saw their revenues surge to a record high in the first quarter of 2021, according to TrendForce.
UK-based fintech firm Wise launches service that lets Indian users send money abroad
Users in India would now be able to send money abroad to 44 countries around the world using Wise's service.
China's Robinhood rivals pile into the crypto craze as they look to compete overseas
Futu and Tiger Brokers said they are applying for licenses in Singapore and the U.S. that will allow local customers to trade cryptocurrencies.
China races to rival the U.S. with its own GPS system — but one analyst says it won't overtake the U.S. yet
The Beidou satellite navigation system shows China's "technical independence" from the West, said Craig Singleton of Foundation for Defense of Democracies.
Why battery swapping may finally become a part of EV charging infrastructure in the U.S.
CNBC got an inside look at Ample, an electric vehicle battery swapping company bringing the technology to the U.S.
How Tesla is quietly expanding its energy storage business
In 2015, Elon Musk announced Tesla would get into the energy business, and it has been slowly ramping up deployments of its energy storage products since.
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