President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, Jan. 20, 2021. Al Drago | Bloomberg | Getty Images Facebook on Thursday announced that it will refer its decision to indefinitely suspend the account of former President
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U.S. President Joe Biden speaks during the inauguration of Joe Biden as the 46th President of the United States on the West Front of the U.S. Capitol in Washington, January 20, 2021. Brendan McDermid | Reuters Amazon on Wednesday offered to help with the national effort to distribute the Covid-19 vaccine, according to a letter
Alibaba founder Jack Ma has emerged after weeks out of the spotlight that sparked speculation about his whereabouts as his companies face increased regulatory scrutiny. In a video posted on Chinese social media, Ma addressed rural teachers as part of one his charity foundation’s initiatives. The annual event, which is usually hosted in the resort
The Queen’s Gambit on Netflix and Disney’s Mickey Mouse Netflix; CNBC Disney and Netflix pride themselves on storytelling. Now they’ve switched places when it comes to the tales they’re telling Wall Street. Netflix said on Tuesday that it would consider buying back shares for the first time since 2011. After nearly a decade of borrowing
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the fourth quarter of 2020 after the bell on Tuesday. Here are the key
Zach Perret, CEO and co-founder of Plaid, speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg via Getty Images LONDON — Financial technology start-up Plaid plans to more than double its European workforce this year, even after scrapping a deal to be acquired
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Google on Sunday disputed claims from a group of attorneys general, led by Texas’ Ken Paxton, that its ad-buying arrangement
Jay Y. Lee, co-vice chairman of Samsung Electronics, center, wears a protective mask as he is surrounded by members of the media while arriving at the Seoul Central District Court in Seoul, South Korea, on Monday, June 8, 2020. SeongJoon Cho | Bloomberg via Getty Images SINGAPORE — Shares of groups related to South Korean-conglomerate
Trump supporters stand on the U.S. Capitol Police armored vehicle as others take over the steps of the Capitol on Wednesday, Jan. 6, 2021, as the Congress works to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc. | Getty Images Microsoft-owned GitHub, the code sharing site for software developers, said on Sunday
Andy Jassy, CEO of Amazon Web Services. CNBC Getting kicked off Amazon Web Services is rare, but it has enormous consequences. It happened this week, when Amazon dropped Parler, a social network that gained traction from conservatives after Twitter banned President Donald Trump and housed content that encouraged violence. Parler filed suit against Amazon in
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Facebook said Friday it will block the creation of new Facebook events happening near the White House, the U.S. Capitol building and state capitol buildings through President-elect Joe Biden’s inauguration on Jan. 20. In a blog post that was
Jeff Housenbold, managing partner at SoftBank’s Vision Fund SoftBank SoftBank’s Jeff Housenbold, who led the Vision Fund’s investments in companies including DoorDash, OpenDoor and Wag, is leaving the firm later this year. SoftBank shook up the Silicon Valley investment world with the first Vision Fund in 2017, ultimately raising $100 billion, funded in large part
The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images LONDON — A British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to let him search for it in a landfill site. James Howells, a
SINGAPORE — Taiwan Semiconductor Manufacturing Co (TSMC) could face earnings pressure after the company announced plans for massive capital expenditure this year, an analyst told CNBC. Having posted record fourth-quarter earnings on Thursday, the world’s largest contract chipmaker said it expected to spend between $25 billion to $28 billion in 2021 to make advanced chips.
Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 billion. The company previously said
Customers look at a Tesla Motors Inc. Model X electric vehicle on display at the company’s showroom in Shanghai, China, on Tuesday, Sept. 12, 2017. Qilai Shen | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) asked Tesla in a letter on Wednesday to recall 158,716 of its Model S and Model