Airbnb CEO says he’s ‘really proud’ of one of his first engineers who left and started Coinbase
Coinbase CEO Brian Armstrong, earlier in his career, helped build Airbnb's payment platform and fraud detection system.
CNBC Technology
Airbnb CEO says company will need millions more hosts to meet surging demand
Airbnb will need millions of new hosts to meet demand as travel picks up again, CEO Brian Chesky told CNBC.
Deliveroo shares fall as it gives cautious guidance in first update since IPO flop
Deliveroo said orders more than doubled year-on-year in the first quarter of 2021. But it warned growth could "decelerate" as coronavirus lockdowns ease.
EU to consider ban on using A.I. for mass surveillance and social credit scores
Using AI software for mass surveillance and ranking social behavior could soon be outlawed in Europe, according to draft legislation shared online.
Australia finds Google misled users over data collection
The ACCC said it is seeking declarations, pecuniary penalties, publication orders and compliance orders but did not specify any amount.
AppLovin shares close down 18.5% on first day of trading
AppLovin is just the latest in a wave of gaming IPOs.
Jeff Bezos says Amazon needs to do a better job for employees in his final shareholder letter as CEO
Jeff Bezos says Amazon needs to do a better job for employees in his final shareholder letter as CEO.
NFL picks Caesars, FanDuel, DraftKings for first wave of sports betting partnerships
The agreements are worth nearly $1 billion combined for five years, with league options after the third and fourth year.
Coinbase stock closes down day after landmark Nasdaq debut
Coinbase shares whipsawed Thursday, a day after the cryptocurrency exchange went public in a blockbuster direct listing.
Apple won't make an iPhone Mini next year, says top analyst
2022 iPhones could include a new image sensor supplied by Sony that can output video at 8k resolution and take 48-megapixel photos, top analyst says.
Amazon spent $11 billion on video and music content last year, up from $7.8 billion in 2019
The $11 billion worth of content spend in 2020 is a sharp uptick from 2019, when Amazon spent $7.8 billion.
Google Earth can now show you how much the planet has changed in 37 years
A new Google Earth time-lapse feature lets you see how much the planet has changed in the past 37 years, and it's pretty stunning what you can find.
House Republican staff outline principles to reform tech's liability shield
It follows committee Ranking Member and Washington Rep. Cathy McMorris Rodger's earlier memo on the panel's "Big Tech Accountability Platform."
Tech industry group funded by Amazon, Facebook and Google says it supports a corporate tax hike
The group's support doesn't reflect each company's views on the tax plan, but it sends a signal that the tech industry is open to higher tax rates.
AppLovin CEO followed a tangled path to become the newest tech billionaire
Ten years after starting AppLovin, CEO Adam Foroughi owns a $2.2 billion stake in the mobile ad and gaming company.
Online bank N26 jumps into insurance, taking on giants like Allianz
German online bank N26 is launching insurance policies in partnership with local start-up Simplesurance.
Chinese electric carmaker Xpeng Motors is looking into making its own autonomous driving chips
Xinzhou Wu, vice president in charge of autonomous driving at Xpeng, is looking at all options to stay ahead of rivals including its own semiconductors.
Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion
Coinbase held its direct listing Wednesday on the Nasdaq, luring public market investors who've been waiting to get into the cryptocurrency exchange.
Ford CEO takes shot at Tesla for using customers to test unfinished tech
In a tweet about Ford's upcoming hands-free highway driving system, Farley said: "BlueCruise! We tested it in the real world, so our customers don't have to."
Here's who just got rich from the Coinbase debut
New York's Union Square Ventures first invested in Coinbase at 20 cents a share in 2013. Eight years later, the stock debuted on the Nasdaq at $381.
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