An employee arranges a display of Vizio Inc. high-definition televisions at a Best Buy Inc. store in Paramus, New Jersey. Mark Kauziarich | Bloomberg | Getty Images Vizio emerged as a top-selling TV company in the U.S. about 15 years ago by securing deals with big box stores like Costco and Best Buy and selling
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NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images The digital advertising world is scrambling to prepare for a seismic change when Apple updates
Bill Gates Adam Galica | CNBC Bill Gates wants to do his part to try to reduce impact of a warming planet. He just published a book about climate change. It turns out that he’s also been changing parts of his life to cut back on carbon emissions. In Gates’ latest Ask-Me-Anything session on Reddit
Federal Communication Commission Commissioner Jessica Rosenworcel testifies before the House Energy and Commerce Committee’s Communications and Technology Subcommittee in the Rayburn House Office Building on Capitol Hill December 05, 2019 in Washington, DC. Chip Somodevilla | Getty Images Tech companies led by Mozilla are urging the Federal Communications Commission to swiftly reinstate net neutrality rules
Patrick Mahomes #15 of the Kansas City Chiefs looks to pass over Shaquil Barrett #58 of the Tampa Bay Buccaneers during the second quarter against the Tampa Bay Buccaneers in Super Bowl LV at Raymond James Stadium on February 07, 2021 in Tampa, Florida. Patrick Smith | Getty Images The National Football League has finalized
Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon CEO Jeff Bezos, the world’s wealthiest person, is urging lawmakers to pass immigration reform and thanked members of Congress for bringing a bill to the floor that would create a path to citizenship for millions of immigrants known as “Dreamers.” In an Instagram post on
John Stankey Stephen Desaulniers | CNBC AT&T will no longer exempt viewership of its HBO Max streaming service from data caps after a federal court upheld California’s net neutrality law, the company said in a statement Wednesday. The company informed customers that it would no longer offer “Data Free TV” on its video apps beginning
The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images GUANGZHOU, China — Chinese search giant Baidu will raise nearly $3.1 billion in its upcoming Hong Kong secondary listing, a person familiar with the matter told CNBC. Baidu has
Palantir Technologies CEO Alex Karp sharply criticized Wall Street on Tuesday, saying there’s too much emphasis on near-term gains at the expense of developing healthy, long-lasting companies. Karp made the comments in an interview with CNBC’s Wilfred Frost as part of an event hosted by The Executives’ Club of Chicago. The remarks were later aired
A driver rides hands-free in a Tesla Motors Inc. Model S vehicle equipped with Autopilot hardware and software in New York. Christopher Goodney | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) is investigating a “violent” crash that involved a Tesla sedan and a tractor trailer late last week in Detroit. Investigators
DigitalOcean CEO Yancey Spruill, left, speaks at the Web Summit in Lisbon, Portugal, on Nov. 6, 2019. Sam Barnes | Sportsfile for Web Summit | Getty Images The market for cloud-computing infrastructure to power applications has grown immensely since Amazon introduced its first cloud services in 2006, but U.S. investors haven’t had a great way
Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Electric carmaker Xpeng Motors has got a new round of investment from the government of the southern Chinese province of Guangdong. The 500 million yuan ($76.9
Brandi Susewitz founded Clear Office, a website that lists and sells high-end furniture leftover from office buildings. Brandi Susewitz When Oracle announced plans to move its corporate headquarters from Silicon Valley to Texas, it needed to clear out multiple floors of furniture sitting inside its office. Instead of putting it in a landfill, the company
Times Square in New York City. Angela Weiss | AFP | Getty Images This time last year, The Trade Desk CEO Jeff Green watched as advertisers started to pause every campaign they could. The ad tech executive said in the early days of the pandemic, digital advertising was at a disadvantage. It was easier for
Zoom In IconArrows pointing outwards 2021 is a crucial year for sports betting sites like DraftKings and FanDuel. Nineteen states will decide whether to legalize sports betting this year, either through voter referendum or state legislature statute. If every state votes yes, that would more than double the amount of states that have legalized —
CNBC Apple on Friday said that it is discontinuing the original HomePod smart speaker and will instead focus on the smaller, more affordable and newer HomePod mini. The original HomePod was launched in 2018 but never quite grabbed the mass market the way competing products like the Amazon Echo or Google Home smart speakers did.
Amazon CEO Jeff Bezos Alex Wong | Getty Images Amazon CEO Jeff Bezos has declined a request to discuss issues around income inequality before the Senate Budget Committee, the company confirmed to CNBC. Sen. Bernie Sanders, a Vermont independent and chairman of the Senate Budget Committee, had invited Bezos to appear in front of the
Facebook CEO Mark Zuckerberg. Andrew Caballero-Reynolds | AFP | Getty Images For the past few weeks, Facebook has been running an ad campaign in defense of personalized advertisements, arguing that targeted ads are key to the success of small businesses. The catalyst for the campaign has been an ongoing battle between the social media company
Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images Netflix has never made a big deal about password-sharing, but a new test suggests the company may be reconsidering. Netflix is trying out
David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Ian Tuttle | Getty Images Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company’s founder
Roblox, the kids gaming app that surged in popularity during the pandemic, started trading Wednesday at $64.50 on the New York Stock Exchange, giving the company a market cap of $35.5 billion. Roblox went public through a direct listing, following the lead of other tech companies like Spotify, Slack and Palantir. Instead of raising fresh
Bad Business on Roblox Bad Business Ethan Gawronski was about 10 years old when he discovered Roblox. He dove into its games, mostly to socialize with other kids. Now, at age 20, Gawronski has his own Roblox game that he works on full time with his girlfriend, Elle Deppe. The couple, who met on the
Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images U.S. tech stocks jumped Tuesday after bond yields declined, helping to drive Tesla as much 20% higher in mid-day trading, nearly wiping out five straight
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin’s value surpassed $1 trillion on Tuesday as the price of the cryptocurrency jumped. The digital coin’s price rose on Tuesday and
Minnie Mouse during the new Magic Happens Parade on Main Street U.S.A. inside Disneyland in Anaheim, CA, on Thursday, Feb 27, 2020. Jeff Gritchen | Orange County Register | Getty Images Shares of Disney rose as much as 5% in late-day trading Monday after California provided new guidance allowing amusement parks to reopen in the
The interface of the app Meitu is displayed on a mobile phone in Yichang, central China’s Hubei province, Feb 22, 2021. Costfoto | Barcroft Media | Getty Images Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and ether, becoming the latest firm to buy cryptocurrencies. The Hong Kong-listed company said
Experts agree that lowering our carbon emissions is no longer enough. In a 2018 report, the Intergovernmental Panel on Climate Change said that, if we are to limit global warming to 1.5 degrees Celsius and avoid the worst effects of climate change, we need to actually remove between 100 to 1,000 gigatons of carbon dioxide from
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. The Twitter CEO shared a
Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., speaks during the opening keynote of the 2019 DreamForce conference in San Francisco on Nov. 19, 2019. Salesforce.com Inc.s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Shares in Tesla were down as much as 8% Friday morning. They’ve since recovered to finish down less than 2% as markets showed a dramatic bounceback late on Friday, but
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