Wirecard auditors face legal action after collapse of scandal-hit payments firm
The German shareholders' association SdK has filed a criminal complaint against the auditors of scandal-hit payments firm Wirecard.
CNBC Technology
Amazon to buy self-driving technology company Zoox
Amazon is jumping deeper into the market for autonomous driving with the purchase of Zoox, which was valued at over $3 billion in 2018.
SoftBank's $1 billion Wirecard bet under scrutiny as troubled payments processor fights for survival
SoftBank's investment and partnership with Wirecard has renewed scrutiny about the Japanese tech conglomerate's investment strategy.
Omnicom-owned ad agency Goodby Silverstein joins Facebook boycott
Goodby Silverstein, owned by the Omnicom Group, has announced that it intends to join the "#StopHateForProfit" campaign and stop posting on Facebook.
Southeast Asia's e-commerce giant Lazada announces new group CEO
Chun Li, Lazada president and head of Indonesia operations, will take over from the previous group chief executive, Pierre Poignant.
Huawei loses out to Nokia, Ericsson in building Singapore's main 5G networks
Singapore's telcos were given the final approval on Wednesday by the Infocomm Media Development Authority (IMDA) to start building the two nationwide networks.
Verizon is pulling advertising from Facebook and Instagram
Verizon says it is pulling advertising on Facebook until the company "can create an acceptable solution that makes us comfortable."
India's top smartphone maker Xiaomi says growing anti-China sentiment has not affected business
Xiaomi is India's top smartphone maker and owns about 30% of the market currently, according to data from Counterpoint Research.
Amazon wins naming rights to new Seattle stadium and will call it the Climate Pledge Arena
The 18,100-seat arena will be the first net zero carbon certified arena in the world, Amazon said.
Apple will re-close 14 stores in Florida because of rising Covid-19 rates, bringing total re-closings to 32
Apple stores tend to be in important shopping centers and malls, and can be seen as an indicator of how smoothly and where retail operations can re-open in the United States.
Democratic lawmakers seek to ban government use of facial recognition technology with new bill
This comes after IBM, Microsoft and Amazon said they would end sales of the technology to law enforcement, at least temporarily.
Apple Watch will soon let doctors remotely monitor patients as they age — here's what experts think
Apple has introduced new mobility metrics geared to health developers, researchers and the medical community.
Salesforce invests in security software provider Tanium at $9 billion valuation
Salesforce Ventures, one of the most active corporate venture groups in tech, is investing in Tanium as part of a strategic tie-up between the two companies.
Google says it will pay some news publishers to license content, bowing to regulatory pressure
Google will pay some publishers for "high-quality content" on a new service expected to launch later this year.
German payments firm Wirecard files for insolvency after revealing $2 billion accounting black hole
Wirecard said management had decided to open the proceedings "due to impending insolvency and over-indebtedness."
Why Amazon's Covid-19 response has been criticized more than Chinese rivals Alibaba and JD.com
Amazon has had Covid-19 related deaths, protests, and law suits. Its closest equivalents in China, Alibaba and JD.com, have had none of those.
U.S. opens probe into Tesla Model S after touchscreen failure reports
Complaints that Tesla's giant touch screens can fail have drawn the attention of U.S. safety regulators.
Amazon launches cloud service to help non-coders build apps
Amazon Web Services is aiming more directly at people who are less technical with the launch of Honeycode.
Palantir appoints first female board member ahead of IPO
Silicon Valley data miner Palantir has appointed Wall Street Journal reporter Alexandra Wolfe Schiff to its board.
Amazon says a new 'Counterfeit Crimes Unit' will work with law enforcement to take on fraudsters
Amazon's new team will refer counterfeit cases to law enforcement agencies who can pursue legal action.
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