In this article 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 — Rivals to Chinese ride-hailing giant Didi are trying to eat away at
Technology
For years, cryptocurrency holdings of U.S. taxpayers have existed in a sort of reporting gray zone. But now, those crypto wallets are getting a whole lot of attention from the Internal Revenue Service and President Biden, who appear determined to crack down on tax cheats. The timing makes sense. The president needs to raise money,
iPhone 12 MagSafe battery pack Apple Apple announced a battery pack on Tuesday that snaps to the back of the iPhone 12 to provide extra battery life. It will help people get longer battery life from their iPhone if it’s about to die. The MagSafe Battery Pack costs $99 and is available in white. It’s
In this article TSLA Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images WILMINGTON, Del. — Tesla CEO Elon Musk is heading back to court for a second day, and is likely to be questioned
Art at the cryptocurrency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami on June 4, 2021. Marco Bello | AFP | Getty Images Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance
In this article TSLA Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images WILMINGTON, DEL. — Tesla CEO Elon Musk defended his role in the company’s $2.6 billion acquisition of SolarCity in court
Facebook CEO Mark Zuckerberg rides an electric surfboard holding the American flag. July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg celebrated Fourth of July in unique fashion: Holding an American flag as he glided on a body of water, elevated on a board about a foot above the surface. The Facebook CEO was hydrofoiling, which
In this article MSFT Kevin Stratvert produces videos at his home in Seattle. Tara Brown When Microsoft updated its Teams communication app with a more sophisticated way to give PowerPoint presentations in January, the company published a 500-word blog post on the feature. People could read the blog post and try to figure out how
ShipBob fulfillment center in Moreno Valley, California ShipBob After ShipBob decided last July to let staffers work from anywhere, the logistics start-up had its landlord erect a wall in the middle of its Chicago headquarters so half the space could be rented out to another company. On March 1, the office reopened at reduced capacity
In this article MSFT If you own a PC, chances are it’s running Windows, the operating system that Microsoft has offered since 1985. Even with people buying modern Macs with energy-sipping Arm chips, and even with some students and corporate workers picking up Chromebooks during the pandemic, Windows still holds on 83% market share for
The author of “Bad Blood” isn’t finished telling the Theranos story. Three years since the release of his bestselling book, John Carreyrou is debuting a new podcast to uncover the final chapter of former Theranos CEO Elizabeth Holmes. “Bad Blood: The Final Chapter” will follow the upcoming trial of Holmes. In an interview with CNBC,
US President Joe Biden speaks about the situation in Afghanistan from the East Room of the White House in Washington, DC, July 8, 2021. Saul Loeb | AFP | Getty Images The White House on Friday will announce a new executive order aimed at cracking down on competitive practices in Big Tech, CNBC’s Ylan Mui
In this article MSFT Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images Microsoft will give out $1,500 bonuses to many of its employees after more than a year of impact from the coronavirus. The gesture is part of an effort at technology companies to keep employees happy during
Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex If it seems as if you’ve seen Tiger Global’s name on a venture deal every day of late, there’s a reason for it — the firm averaged 1.3 deals a day in the second quarter. According to a new report from research firm CB Insights, Tiger increased
In this article AAPL Google announced last week 60% of its workforce will work around three days a week in the office, 20% in new office locations, and 20% from home. David Paul Morris | Bloomberg | Bloomberg | Getty Images State attorneys general are again going after Google with an antitrust lawsuit against, this
In this article DIDI GUANGZHOU, China — Didi’s main app has been removed from Tencent’s WeChat messaging service and Ant Group’s Alipay, in another blow to the Chinese ride-hailing company. WeChat, which boasts over 1 billion users, and Alipay, which has over 900 million, are so-called super-apps. That means users can open and use other