Pinterest drops after missing on user growth expectations
Shares of Pinterest dropped as much as 10% in after-hours trading on Tuesday after it missed on user growth expectations in its first-quarter earnings.
CNBC Technology
Facebook, YouTube, Twitter execs grilled by senators over addictive nature of their apps
Executives from Facebook, Twitter and Google-owned YouTube testified before Congress Tuesday about the ways their algorithms influence users.
Senators ask Google about phone call to Match on day before testimony
"We are deeply troubled by Match Group's claims that Google may have attempted to influence another witness's testimony," they wrote.
Mark Zuckerberg announces new ways for Instagram creators to make money
Facebook CEO Mark Zuckerberg announced a slew of features Instagram is working on to help creators generate more revenue from their content.
Here's how Apple's AirTag trackers compare to Tile, and why the company is so upset with Apple
Tile is the market leader in lost item trackers, but it's features are limited on the iPhone.
Tesla posts record net income of $438 million, revenue surges by 74%
Tesla beat expectations on revenue and earnings in Q1, but the stock dropped slightly after hours.
Labor board will hear objections to Amazon union election on May 7
The National Labor Relations Board will hear the union's challenge to the results of the Amazon union election in Alabama on May 7, the union said Tuesday.
Spotify launches podcast subscriptions, and creators could make more money than they would through Apple
Podcast monetization has been tricky for streaming companies to realize but more players have been putting weight behind the effort.
Binance, the world's largest cryptocurrency exchange, is launching an NFT marketplace
NFTs, or nonfungible tokens, are a type of digital asset designed to represent ownership of rare virtual items.
Facebook app boss says ‘we’ve been working on audio for a very long time,’ readies to launch Clubhouse rival
The head of Facebook's app, Fidji Simo, told CNBC the social media giant has been working on audio for years as it prepares to launch its Clubhouse rival.
Bitcoin climbs 10% as cryptocurrency market attempts a comeback from last week's plunge
Bitcoin prices roared back on Monday as the cryptocurrency market attempted to recover from a broad sell-off last week.
Digital health start-up Kry triples valuation to $2 billion in new funding round
Swedish online health start-up Kry said Tuesday that it's raised $300 million in a mega funding round.
Amazon is expanding its service that lets delivery people drop off groceries in your garage
The service is part of Amazon Key, which lets delivery drivers drop off packages in garages, cars, homes and businesses.
E-commerce giant JD.com used China's digital currency to pay some employees
JD.com's use of the digital yuan highlights how China's central bank is increasing the scope of testing for its digital currency.
Some members of the 'Saturday Night Live' cast are confused and annoyed to have Elon Musk host show
The popular late-night show has faced backlash on social media for giving the controversial business mogul such a large stage.
Tesla's bitcoin speculation helped boost profits by more than $100 million in Q1
On Monday, Tesla's shareholder update revealed that sales of bitcoin made a $101 million "positive impact" to the company's profitability during Q1.
Lyft will sell self-driving car unit to a subsidiary of Toyota for $550 million
Lyft's president said if the deal closes on time and Covid recovery continues, he expects Lyft will become profitable on an adjusted EBITDA basis in Q3.
Google's recently promoted Search boss earned cash and stock worth $55 million last year
Search leader Prabhakar Raghavan's executive compensation was revealed for the first time on its 2020 proxy statement.
Thoma Bravo's $12.3 billion purchase of Proofpoint is the largest private equity cloud deal
Proofpoint shares surged 31% on Monday after private equity firm Thoma Bravo agreed to buy the security software vendor in a deal valued at $12.3 billion.
Apple will spend $1 billion to open 3,000-employee campus in North Carolina
The campus is a sign of Apple's continued expansion beyond its home in Cupertino, California, where most of its engineering has been based.
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