In this article ROKU Anthony Wood of Roku and Reed Hastings of Netflix CNBC; Ernesto S. Ruscio | Getty Images When Netflix founder Reed Hastings spun off the streaming video box he was developing to a little-known start-up called Roku in 2008, he thought it would probably fail. “There was Xbox and PlayStation and Samsung
Technology
U.S. President Joe Biden is applauded as he holds the Juneteenth National Independence Day Act during a signing ceremony in the East Room of the White House in Washington, June 17, 2021. Carlos Barria | Reuters Big tech companies will observe Juneteenth by offering education resources during the week of the newly official U.S. holiday.
MIAMI – Mayor Francis Suarez says Miami’s doors are open to bitcoin miners in China who are currently scrambling to find a new home after Beijing made it clear that their days are numbered. Mining is the energy-intensive process which both creates new coins and updates the digital ledger of all transactions of existing tokens.
UKRAINE – 2020/11/06: In this photo illustration an Instagram logo is seen displayed on a smartphone. (Photo Illustration by Valera Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images | LightRocket | Getty Images Instagram is bringing ads to its short-form video service and TikTok copycat Reels on Thursday, following a test. The Reels feature, which launched
In this article MSFT Satya Nadella speaking at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Microsoft said Wednesday that CEO Satya Nadella is becoming the chair of the company’s board, replacing independent director John Thompson, following a unanimous vote of the software company’s board. The change reflects the success
Republican Conference Chair Cathy McMorris Rodgers, R-Wash. Bill Clark | CQ-Roll Call Group | Getty Images House Republicans are zeroing in on the relationship between Big Tech companies and China, expanding their initial platform focused on tech accountability. Cathy McMorris Rodgers, R-Wash., the top Republican on the powerful House Energy and Commerce Committee, informed GOP
In this article AMZN MacKenzie Scott attends the SEAN PENN J/P HRO GALA: A Gala Dinner to Benefit J/P Haitian Relief Organization and a Coalition of Disaster Relief Organizations at Milk Studios on January 6, 2018 in Los Angeles, California. Greg Doherty | Patrick McMullan | Getty Images MacKenzie Scott, the billionaire philanthropist and ex-wife
Alibaba founder Jack Ma is still lying low, focusing his efforts on hobbies and philanthropy, according to a company executive. “He’s lying low right now, I talk to him every day,” Joe Tsai, Alibaba’s executive vice chairman said in an interview on CNBC’s “Squawk Box.” “He’s actually doing very, very well. He’s taken up painting
SpaceX President and COO Gwynne Shotwell Jay Westcott / NASA SpaceX president Gwynne Shotwell returned to her alma mater on Monday and delivered Northwestern University’s commencement address to the class of 2021. Speaking virtually, Shotwell gave Northwestern’s students an overview of her career, especially focusing on the nearly two decades that she’s worked for Elon
In this article CRM GOOGL AMZN ADSK EBAY FB INTC Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon A group of seven tech companies urged the Securities and Exchange Commission to require businesses to
In this article TSLA Elon Musk, the CEO of Tesla. Christophe Gateau/picture alliance via Getty Images Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla
In this article MARA When the FBI successfully breached a crypto wallet held by the Colonial Pipeline hackers by following the money trail on bitcoin’s blockchain, it was a wake-up call for any cyber criminals who thought transacting in cryptocurrency automatically protected them from scrutiny. One of the core tenets of bitcoin is that its
Dado Ruvic | Reuters The first bitcoin upgrade in four years has just been approved by miners around the world. It is a rare moment of consensus among stakeholders, and crypto experts tell CNBC it’s a pretty big deal for the world’s most popular cryptocurrency. The upgrade is called Taproot, and it’s due to take
People protest in the street outside a protest to defund the police in a place they are calling the “City Hall Autonomous Zone” in support of “Black Lives Matter” in the Manhattan borough of New York City, New York, U.S., June 30, 2020. Carlo Allegri | Reuters In June of last year, following pressure from
In this article MSFT Tim Cook, Chief Executive Officer of Apple, speaks as President Donald Trump listens during an American Technology Council roundtable in the State Dinning Room of the White House, Monday, June 19, 2017, in Washington. Alex Brandon | AP Apple said Friday it didn’t know former President Donald Trump’s Department of Justice
In this article GOOGL The logo of Google Chrome shown on a smartphone. Thomas Trutschel | Photothek via Getty Images LONDON — Britain’s competition regulator will have a say in Google’s plan to remove third-party browser cookies that track people online. The Competition and Markets Authority said Friday that it had secured commitments from Google