Many of the largest U.S. tech firms hold their European headquarters in Dublin. Artur Widak | Nurphoto | Getty Images Incoming EU rules forcing Big Tech to police content on the internet more aggressively will be enforced directly by the European Commission, a move experts say will diminish the role Ireland has played so far
Technology
In this article EXPE Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers Shares of Expedia plunged more than 13% on Tuesday after reporting mixed financials in what’s been a tough earnings season. The company reported first-quarter financials after the bell on Monday. Expedia lost
Shane Smith, co-founder of Vice. CNBC Vice Media, the digital media company once valued at $5.7 billion, has hired bankers to seek a sale, according to people familiar with the matter. Several buyers have expressed preliminary interest in acquiring Vice outright, people familiar with the matter said. While finding a single buyer would be a
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden administration on Monday announced it will begin a $3.1 billion plan to boost domestic manufacturing of batteries, in a broader effort to shift the
In this article NFLX Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix has canceled development on “Pearl,” an animated series created by Meghan, Duchess of Sussex, marking the latest cost-saving moves after the company reported a disappointing first quarter. The cancellation is part of strategic decisions Netflix
In this article CMCSA CHTR ROKU Brian Roberts, CEO of Comcast (L), and Tom Rutledge, chief executive officer of Charter Communications Drew Angerer | Getty Images It’s easy to shrug off last week’s announcement that Comcast and Charter have started a joint venture to gain market share nationwide in streaming-video distribution. But the two largest
In this article AMZN A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is cutting paid time off for front-line U.S. workers who test positive for Covid-19, effective Monday. All
In this article UBER LYFT Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft and Uber said this week they will fully cover legal fees for their respective drivers who are sued under
In this article DIS Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.’s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. Octavio Jones | Getty
In this article INTC Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel CEO Pat Gelsinger told CNBC
In this article AMZN Amazon CEO Andy Jassy speaks with CNBC’s Jon Fortt. CNBC Amazon will report first-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $8.36 per share, according to Refinitiv Revenue: $116.3 billion, according to Refinitiv Here are some other key revenue numbers: Amazon Web Services: $18.27 billion
In this article TWTR Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter is set to report earnings for the first quarter
In this article FB Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Meta, the company formerly known as Facebook, is set to report first-quarter earnings after the bell on Wednesday. Here are the key numbers: Earnings per share:
In this article AAPL Michaela Rehle | Reuters Apple opened its “Self Service Repair” online store on Wednesday as the right to repair movement has put pressure on U.S. regulators to give consumers more control over their products. The new program, first announced in November, will offer customers more than 200 parts and tools customers
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters During the pandemic, YouTube was one of Alphabet’s prime growth engines as more people were glued to their screens while stuck at home. The video site continued its rapid expansion last year as
In this article TSLA A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla stock was down more than 9% in the morning as the tech-heavy Nasdaq Composite slipped about 2.2%. Other mega-cap tech stocks like Apple, Amazon, Google and Meta were also down between 2-4%.
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters The Twitter board has agreed
In this article TWTR The official profile of Elon Musk on the social network Twitter. The billionaire Elon Musk bought 9% of Twitter, an investment of USD 3 billion. Rafael Henrique | Lightrocket | Getty Images Twitter shares jumped more than 4% in the premarket on reports the company is nearing a deal with Elon
Jack Guez | Afp | Getty Images ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE. “We’re incredibly excited to be able to set up
Chief co-founders Carolyn Childers and Lindsay Kaplan Photos courtesy of Chief As companies see a record number of women leaving their jobs in “the Great Resignation,” Google parent Alphabet is putting money behind an initiative that could help them stay. Launched in 2019, Chief is a membership-based company for female executives that’s designed to provide
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