Technology

Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of

JD Vance, the venture capitalist and author of “Hillbilly Elegy,” takes photos with supporters after a rally Thursday, July 1, 2021, in Middletown, Ohio, where he announced he is joining the crowded Republican race for the Ohio U.S. Senate seat being left by Rob Portman. Jeff Dean | AP Republican Ohio Senate candidate J.D. Vance,

In this article AAPL Tim Cook introduces iPhone 13 Source: Apple Inc. Apple’s computerized glasses will be as powerful as its Mac computers and launch at the end of 2022, top analyst Ming-Chi Kuo of TFI Asset Management said in a note to investors Friday. Kuo has a stellar track record at predicting future Apple

An activist from the Extinction Rebellion (XR) climate change group sits on a giant wooden rocket as they block the exit to an Amazon distribution centre in Tilbury, east of London. BEN STANSALL | AFP | Getty Images Protestors from the Extinction Rebellion movement blockaded Amazon distribution centers across the U.K. on Friday as part

In this article ZM NFLX EXPE Shares of Zoom were up more than 10% before markets opened on Friday morning as a new Covid variant raised concerns in South Africa. Other stocks that have benefited from stay-at-home trends during the pandemic were also up. Peloton stock popped more than 8% before markets opened while Etsy,

Chesnot | Getty Images Cryptocurrency miners are using hacked Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details of the security breach in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors

The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Swedish fintech start-up Klarna saw its losses balloon in the first nine months of 2021, as costs increased sharply amid rising demand for buy now, pay later services. The Stockholm-based firm posted a pre-tax loss of 3.1 billion

Bitcoin prices fell sharply amid the global sell-off in equities. Luke MacGregor  | Bloomberg | Getty Images Bitcoin fell sharply alongside other assets on Friday, hitting a six-week low and officially entering bear market territory. The world’s biggest cryptocurrency sank 8% in the last 24 hours to $54,177, according to Coin Metrics data, its lowest

In this article UBER Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber has been ordered to stop offering its main ride-hailing service in the Belgian capital of Brussels from Friday evening. The Brussels Appeal Court ruled on

In this article 9984.T-JP DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Shares of SoftBank extended their losses on Friday after Bloomberg reported

In this article ENEL-IT The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution. “We have tried and tried — and when I say ‘we’, I mean the electricity industry,” Francesco Starace told CNBC’s Karen Tso on Wednesday. “You can imagine,

India is set to propose a new cryptocurrency bill in parliament, and investors are trying to make sense of what this might mean for the future of virtual coins in South Asia’s largest economy. Lawmakers may ultimately opt to impose tough regulations on the crypto market instead of an outright ban on private coins, according

In this article 700-HK People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters GUANGZHOU, China — Tencent must get approval from Chinese regulators to send out updates for its apps, state broadcaster CCTV reported Wednesday. The move comes after regulators found several

In this article FB Adam Mosseri, Facebook Beck Diefenbach | Reuters Instagram’s chief executive Adam Mosseri is expected to testify before Congress for the first time the week of Dec. 6, a spokesperson for Sen. Richard Blumenthal, D-Conn., confirmed to CNBC. “After bombshell reports about Instagram’s toxic impacts, we want to hear straight from the

In this article TSLA SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla CEO Elon Musk sold about $1.05 billion in stock on Tuesday evening, according to financial filings posted this week. The sales were scheduled in September

In this article TSLA AAPL Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up. “We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle?