Sony hikes profit forecast after selling 4.5 million PS5 consoles in the holiday quarter
Sony said sales at its gaming division rose 40% year-on-year, helped by the launch of its PS5 console.
CNBC Technology
Amazon's next CEO, Andy Jassy, transformed e-commerce company into a cloud computing giant
Amazon said on Tuesday that Andy Jassy, who runs the company's cloud division, will succeed Jeff Bezos as CEO of the parent company in the third quarter.
Robinhood moves forward with first Super Bowl ad as brand crisis mounts
Robinhood, which has found itself in the center of an uproar after restricting trading on equities last week, will run its first Super Bowl ad.
Jack Ma's uneasy relationship with Beijing casts shadow over Alibaba's strong earnings and future
Jack Ma appears to have got on the wrong side of the Chinese government, sparking a chain of events that has upped regulatory scrutiny on Alibaba.
Alibaba looking to raise up to $5 billion in U.S. dollar bond issuance after earnings beat
Alibaba's bond offering comes after it reported December quarter earnings that beat expectations and in which its cloud division turned profitable.
Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3
Jassy joined Amazon in 1997 and has led Amazon's Web Services cloud team since its inception.
Amazon reports first $100 billion quarter following holiday and pandemic shopping surge
Amazon said in its earnings report for the fourth quarter of 2020 that AWS CEO Andy Jassy will replace Jeff Bezos as CEO in the third quarter of this year.
Alphabet revenue up 23% as core advertising business shows strong growth
The company reported fourth-quarter earnings that surpassed analysts' expectations and showed a strong return to growth in its core advertising business.
Google Cloud lost $5.61 billion on $13.06 billion revenue last year
It's the first time Google revealed operating income for its cloud business.
Amazon's cloud division reports 28% revenue growth; AWS head Andy Jassy to succeed Bezos as Amazon CEO
Amazon Web Services, which has been the profit engine for its parent company, said revenue climbed 28% from a year earlier.
Amazon unveils design for 'Helix' office building at HQ2 — here's what it will look like
The standout feature of the design proposal for HQ2 includes "The Helix," a unique tower that will serve as an alternative workspace for Amazon employees.
Tesla to recall more than 130,000 cars following regulators' pressure
Tesla voluntarily recalled 134,951 Model S and Model X vehicles with touchscreen failures that led to the loss of several safety-related features.
Amazon, Alphabet and Salesforce are all investing in a $28 billion company that crunches big data
Amazon is getting involved in the start-up, Databricks, at a later stage than it usually does.
Amazon will pay $61.7 million to settle claims it withheld tips from delivery workers
The settlement requires Amazon to pay more than $61.7 million to the FTC, which will be used to compensate Flex drivers.
Elon Musk says his start-up Neuralink has wired up a monkey to play video games using its mind
Elon Musk said in an interview late Sunday that a monkey has been wired up to play video games with its mind by a company he founded called Neuralink.
Uber agrees to buy alcohol delivery service Drizly for $1.1 billion
Uber announced Tuesday it is acquiring alcohol-delivery service Drizly for $1.1 billion in stock and cash.
Britain is cracking down on the $3.7 billion 'buy now, pay later' industry
The U.K. Treasury said buy now, pay later firms would come under the supervision of the Financial Conduct Authority.
The Winklevoss' bitcoin exchange is pushing into banking with a new savings product
Gemini is adding a new service called "Earn" that lets clients move their holdings in bitcoin and other cryptocurrencies into interest-bearing accounts.
Alibaba's cloud division profitable for the first time as Jack Ma's empire faces regulatory scrutiny
Alibaba's fiscal third-quarter earnings come as the company faces mounting pressure from Chinese regulators over its business practices.
Moonpig shares jump 25% in first major London tech listing of the year
Shares in online card retailer Moonpig jumped 25% within minutes of pricing its initial public offering on the London Stock Exchange on Tuesday.
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