Tesla’s share price is now directly tied to the value of bitcoin, analyst says
Tesla's stock is now directly linked to the price of bitcoin after Elon Musk's firm invested $1.5 billion into the cryptocurrency, according to an analyst.
CNBC Technology
Square buys $170 million worth of bitcoin
The company said it bought approximately 3,318 bitcoins, expanding on its October 2020 purchase of 4,709.
Tesla drops as much as 13%, turns negative for the year
Tesla stock slid again as investors rotated out of high-flying tech names.
AT&T nears deal with TPG to sell large minority stake in DirecTV, U-verse at $15 billion valuation
AT&T nears deal with TPG to sell large minority stake in DirecTV, U-verse
Microsoft president: The only reason we know about SolarWinds hack is because FireEye told us
He planned to tell lawmakers that private sector companies should be required to be transparent about significant breaches of their systems.
Ad tech company PubMatic stock pops 10% in first earnings report after December IPO
Ad tech company PubMatic, which launched an initial public offering in December, saw shares pop Tuesday after strong fourth quarter earnings.
High-profile SPAC craters after announcing plan to merge with electric car company Lucid
Lucid plans to go public through a reverse merger with a blank-check company started by veteran investment banker Michael Klein.
Snap stock pops as company tells investors it's on track for several years of 50% growth
Shares of Snap reversed a decline on Tuesday after it announced that is in position to drive multiple years of revenue growth of more than 50%.
Read the memo Amazon exec Jeff Blackburn sent to employees announcing he's leaving the company
Blackburn, who was on leave for a year-long sabbatical, was one of Bezos' top lieutenants during his 22-year tenure at Amazon.
Clubhouse hires Android software developer, signaling work on Android app has begun
Thus far, the buzzy audio-only social media app has only been available to iPhone users.
Apple shareholders approve big stock payout for Tim Cook; dividend increase coming
Apple shareholders on Tuesday voted to approve compensation for Apple executives, including up to 1 million shares of stock for Tim Cook by 2025.
TikTok is cutting deals with pro sports leagues, and now men's and women's soccer clubs are signing on
The ByteDance-owned company will have a patch on the MLS Portland Timbers and its sister club, Thorns FC of the National Women's Soccer League.
Cryptocurrency firms Tether and Bitfinex agree to pay $18.5 million fine to end New York probe
New York's top law enforcement official had been investigating Tether and Bitfinex over allegations that they tried to cover up $850 million in losses.
Facebook cuts deal with Australia, will restore news pages in the coming days
The decision follows negotiations between Facebook and Australia which is set to pass a new media law that will require digital platforms to pay for news.
Spotify plans to launch in over 80 more countries
The Swedish firm said the international expansion will enable an additional billion people to use its platform.
Apple is in the ‘penalty box’ but should resume uptrend at this key level, Oppenheimer says
Apple may have reclaimed its spot as the top smartphone maker in the world, but its share price performance has lagged. Here's what could be next.
Two years after launch, Huawei to roll out its Google Android rival to phones — with big challenges
In mid-2019, Huawei launched its own operating system — HarmonyOS — in response to U.S. actions that cut it off from Google software.
Tesla suffers its biggest fall since September 2020
Shares of Tesla closed down 8.55% on Monday, as investors betting on a pandemic comeback rotated out of Big Tech and piled into cyclical stocks.
SoftBank would buy about 25% of Adam Neumann's stake in WeWork for $480 million under proposed settlement
WeWork Co-founder Adam Neumann and SoftBank are nearing a settlement agreement.
Democrats ask cable and streaming providers about their role in spreading misinformation ahead of Capitol riot
The letters show lawmakers are looking to hold traditional information sources accountable for misinformation while they also grill social media executives.
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