Tencent Music announces $1 billion share buyback program, its biggest ever
Tencent Music, which is listed on the New York Stock Exchange, lost about a third of its value last week amid a sell-off in Chinese technology stocks.
CNBC Technology
Bilibili closes lower on first day of trade in Hong Kong as Chinese tech stocks face pressure
Bilibili raised around $2.6 billion in its Hong Kong secondary listing after pricing its shares at 808 Hong Kong dollars each.
A.I. researchers urge regulators not to slam the brakes on its development
AI researchers argue that there's little point in imposing strict regulations on its development at this stage, as the technology is still in its infancy.
Big Tech's data watchdog in Europe is facing accusations of bureaucracy and lethargy
TikTok recently came under the jurisdiction of Ireland's Data Protection Commission, adding to a hefty workload for the Irish regulator.
How Adam Selipsky could make Amazon's cloud business even bigger
Amazon's former head of cloud sales and marketing is coming back, and there are several ways for him to take Amazon Web Services to greater heights.
Here's who runs Twitter under Jack Dorsey
After setting ambitious user growth and revenue goals last month, Twitter is gearing up for what could be its most transformative period ever.
Why this tech entrepreneur left the Bay Area for Arkansas and closed his offices for good
Phil Libin, co-founder and CEO of start-up studio All Turtles, is learning on the fly how to build a company with a fully-distributed workforce.
Elon Musk tweets Tesla could become 'the biggest company' surpassing Apple
Musk's second tweet offering guidance on timing for an anticipated increase in Tesla's market cap has since been deleted, but screenshots were widely shared.
Amazon gets FDA authorization for at-home Covid-19 test
Amazon plans to use the test among its workforce as part of its Covid-19 preparedness and response program.
ViacomCBS, Discovery stock each close down more than 27%
ViacomCBS shed more than 50% for the week, while Discovery dipped about 45%
The Athletic and Axios might merge — here's what The Athletic co-founder said about Axios last summer
The Athletic co-founder Alex Mather praised Axios to CNBC in August; the companies are now considering a merger as part of a SPAC-driven rollup.
Facebook to reopen its Bay Area offices for some employees in May
Employees can continue working remotely until one month after their office reaches 50% capacity, which could occur in early September, Facebook said.
Why investors are struggling to value media stocks like ViacomCBS and Discovery
A variety of different variables has made valuing media companies such as ViacomCBS, Discovery unusually tricky.
Robotic automation company UiPath files to go public — revenue grew 81% last year, losses pared
UiPath filed with the Securities and Exchange Commission to list on the New York Stock Exchange under the ticker symbol PATH.
Investors flock to European e-commerce start-ups hoping to take on Amazon
Venture capital firms and private equity investors are going wild for European e-commerce start-ups hoping to take on Amazon.
Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding round
Accounting start-up Pilot raised a $100 million funding round led by Jeff Bezos and his venture capital firm.
Bitcoin sleuthing start-up Chainalysis doubles valuation to $2 billion with Benioff backing
Chainalysis, a start-up that sells blockchain data analytics tools, has doubled its valuation to $2 billion in a new investment round.
Amazon-backed Deliveroo dogged by workers’ rights complaints ahead of IPO
Deliveroo's stock market listing is at risk of being tarnished somewhat by investors who are concerned about how the company treats its couriers.
China's dual-listed tech giants lost $60 billion in market value over three days as delisting threats loom
As of their Friday close, $60 billion was wiped off the combined market cap of Alibaba, JD.com, Baidu and Netease in just three days.
Frustration shows through as Congress grills social media CEOs yet again
Members of Congress faced off with the CEOs of Facebook, Google and Twitter in a five-and-a-half-hour hearing about misinformation.
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