Amazon Echo Dot speaker CNBC | Richard Washington Amazon announced Wednesday that it’s acquiring podcasting company Wondery, expanding its catalog of original audio content. As part of the deal, Wondery will join Amazon Music, the e-commerce giant’s music streaming business. Amazon Music in September added podcasts to its platform, looking to carve out a share
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US President-elect Joe Biden delivers remarks on the Electoral college certification at the Queen Theatre in Wilmington, Delaware on December 14, 2020. Roberto Schmidt | AFP | Getty Images GUANGZHOU, China — President-elect Joe Biden is unlikely to reverse President Donald Trump’s challenge to China’s technology industry and companies — but Biden will likely be
Intel CEO Robert Swan speaks at the Rakuten Optimism event in Yokohama, Japan, on July 31, 2019. Tomohiro Ohsumi | Getty Images Third Point, the hedge fund led by Dan Loeb, is urging Intel’s board of directors to hire an investment adviser to explore “strategic alternatives” after the chipmaker lost market share to TSMC, Samsung
Skype co-founder Jaan Tallinn Center for the Study of Existential Risk LONDON – Skype co-founder Jaan Tallinn has identified what he believes are the three biggest threats to humanity’s existence this century. While the climate emergency and the coronavirus pandemic are seen as issues that require urgent global solutions, Tallinn told CNBC that artificial intelligence,
Ryan Smith, Co-Founder and CEO of Qualtrics peaks on stage during the 2015 Web Summit on in Dublin, Ireland. Clodagh Kilcoyne | Getty Images Qualtrics is about to go public, for real this time. The cloud software vendor, which SAP acquired two years ago on the eve of a planned IPO, filed its paperwork with
Tim Cook at Apple Event Source: Apple TFI’s Ming-Chi Kuo published a note over the weekend that addressed a report from Reuters last week, which said Apple plans to produce a self-driving passenger car in 2024. The Reuters report sent shares of companies that build parts for autonomous cars, like lidar sensors, soaring. But the
President-elect Joe Biden speaks prior to the holiday at the Queen theatre on December 22, 2020 in Wilmington, Delaware. Biden spoke ahead of the Christmas holiday and called the $900 billion coronavirus aid bill passed by Congress on Monday a start, insisting on more economic relief after the inauguration. Joshua Roberts | Getty Images The
Nearly one year after the World Health Organization discovered the coronavirus, many people are still staying home from offices, schools, movie theaters, stadiums, churches and restaurants. A lot of the socialization that would be happening in those places in 2020 is happening over video calls. And you can’t talk about that aspect of life without
The tech industry was ahead of the Covid curve from the beginning. Faster than the public and even governments, tech companies were among the first to understand the coronavirus threat back in early 2020 and respond with short-term measures. As the pandemic shows no signs of slowing down into 2021, tech companies are also quickest
Alibaba Group signage is seen during the company’s 11.11 Singles’ Day global shopping festival at their headquarters in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters BEIJING — Shares of Alibaba fell in both Hong Kong and extended-hours U.S. trading as reports surfaced that the Chinese government is conducting an anti-monopoly probe
The TransAmercia building at the end of an empty Columbus Street in San Francisco, California, U.S., on Monday, Dec. 7, 2020. David Paul Morris | Bloomberg | Getty Images If you believe what you read, San Francisco is dying. Over the last few months, there has been a steady stream of investors, executives and companies
Apple CEO Tim Cook (l) and Mark Zuckerberg, CEO and founder of Facebook. Getty Images (L) | Reuters (R) In October 2018, Apple CEO Tim Cook criticized the business practices of Big Tech rivals in an impassioned speech at a privacy conference in Brussels. “Every day, billions of dollars change hands, and countless decisions are
The Kingdom Tower, operated by Kingdom Holding, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia, on Saturday, Jan. 9, 2016. Waseem Obaidi | Bloomberg | Getty Images Google will open a “cloud region” where it can provide its cloud services in Saudi Arabia via a
The shift to remote learning sparked a surge in business for Chegg in 2020, and CEO Dan Rosensweig doesn’t see that exponential growth easing up much in the new year. “When the pandemic is over, we don’t expect growth to significantly slow because this is not just the trend, this is what it’s going to
WILMINGTON, DELAWARE – DECEMBER 11: U.S. President-elect Joe Biden speaks during an event to announce new cabinet nominations at the Queen Theatre on December 11, 2020 in Wilmington, Delaware. President-elect Joe Biden is continuing to round out his domestic team with the announcement of his choices for cabinet secretaries of Veterans Affairs and Agriculture, and
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images The price of XRP plunged again Wednesday after the U.S. Securities and Exchange Commission filed a lawsuit alleging that Ripple, a blockchain company with ties to the cryptocurrency, conducted a