Technology
Amazon cloud boss says employees unhappy with 5-day office mandate can leave
Amazon Web Services CEO, Matt Garman speaks during CNBC Power Lunch on July 1, 2024. CNBC Amazon‘s cloud boss on Thursday gave employees a frank message about the company’s recently announced five-day in-office mandate. Staffers who don’t agree with Amazon’s new policy can leave, Amazon Web Services CEO Matt Garman said during an all-hands meeting […]
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Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump’s crypto project, World Liberty Financial, published a 13-page document on Thursday, describing its mission, how tokens can be allocated, and indicating that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the “World Liberty Gold Paper,” WLF said the Trump family will receive 22.5 […]
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Amazon makes first foray into live news with election night special hosted by Brian Williams
Brian Williams. Lloyd Bishop | NBC | Getty Images Amazon said Thursday it plans to host an election night special anchored by Brian Williams, marking the company’s first foray into live news coverage. The one-night special will provide election results and analysis on Prime Video starting at 5 p.m. ET on Nov. 5, the company […]
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Unity’s new CEO pitches ‘fundamentally different company’ after rough year
Pavlo Gonchar | Lightrocket | Getty Images Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity […]
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Uber has discussed a bid for travel booking company Expedia
Uber discussed a bid for travel booking company Expedia, CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. The talks were in early stages, according to a person familiar with the discussions who asked not to be named since the talks are confidential. It […]
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Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose […]
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Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.” “I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably […]
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Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the last week and ether is up about 7%. Other popular coins have also rallied, with solana up close […]
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Trump-backed crypto coin misses $300 million sales target, raises less than $12 million
It’s been just over twenty-four hours since the launch of the Donald Trump-endorsed digital coin “WLFI,” and the token is failing to deliver on the ambitious fundraising goals set by its founding team. World Liberty Financial — which bills itself as a crypto bank where customers will be encouraged to borrow, lend and invest in […]
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Amazon announces first Kindle ever with color screen, retailing for $279
Kindle Colorsoft 2024 Amazon Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display. The retailing giant introduced the Kindle in 2007, and every device since then has had a black-and-white screen. The new Kindle has a display that’s designed to ensure colors don’t appear washed […]
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