Technology
Amazon slaps U.S. sellers with 5% fuel and inflation surcharge
Peter Endig | AFP | Getty Images Amazon said Wednesday it plans to add a fuel and inflation surcharge of roughly 5% to existing fees it collects from U.S. third-party sellers who use the company’s fulfillment services. The fee will go into effect in about two weeks, and is “subject to change,” the company said […]
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We sent bitcoin from Miami to a Ukrainian in Poland who withdrew it as cash, all in less than three minutes
Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Fast forward to border closures and shelling on her hometown, cash shortages at ATMs across the country, and the central bank suspending electronic cash transfers — and she decided to give bitcoin a try. Whereas money providers often charge transfer fees of […]
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How Google plans to use 100% carbon-free energy in its data centers by 2030
Google’s data centers around the world use about twice as much electricity as the city of San Francisco. In total, Google used 15.5 terawatt hours of electricity in 2020 and the majority of that goes to its data centers. (It hasn’t made 2021 figures available.) The amount of energy Google uses is growing as overall […]
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Here are Google’s most important US real estate investments in 2022
Google has dozens of real estate projects around the U.S., and it says at least 20 key projects will receive investments this year to the tune of nearly $10 billion. In a blog post Wednesday, Alphabet and Google CEO Sundar Pichai highlighted country-wide offices and data centers either under construction or opening in 2022. In […]
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Microsoft’s Brad Smith says tech regulation is coming, so industry should participate in shaping it
Tech regulation is coming whether the industry participates or not, according to Microsoft President Brad Smith, so companies might as well lean into those conversations now. “It doesn’t matter whether you like it or hate it,” Smith told CNBC’s Steve Kovach on “Tech Check” Wednesday. “And it’s right for people to point out the issues […]
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Amazon has a new name for its free streaming TV service
Smith Collection/Gado | Archive Photos | Getty Images Amazon jumped into the ad-supported video streaming market three years ago with IMDb TV. Later this month, that product will have a new name. On April 27, IMDb TV will become Amazon Freevee, a name the company said better reflects the free nature of the service. The […]
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Crypto firm hits back at Cathie Wood: ‘I think the market is pretty clear — her position is down 50%’
Blockchain.com co-founder Nicolas Cary hit back at Cathie Wood after the investor took a swipe at he crypto business by questioning its valuation and management. “If you look at the others like Blockchain.com, its valuation over the past year has tripled while Coinbase in our portfolios is down 40%. That makes no sense,” Wood, the […]
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The race to roll out ‘super-sized’ wind turbines is on
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images In the not too distant future, waters 15 miles off Martha’s Vineyard will be home to a […]
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Amazon warehouse workers suffer serious injuries at twice the rate of rivals, study finds
An Amazon warehouse Getty Images Amazon warehouse workers in the U.S. suffered serious injuries at twice the rate of rival companies in 2021, according to a new study. There were 6.8 serious injuries for every 100 Amazon warehouse workers. That’s more than twice the rate of all other employers in the warehouse industry, which had […]
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CNN+ struggles to lure viewers in its early days, drawing fewer than 10,000 daily users
People walk by the world headquarters for the Cable News Network (CNN) on March 15, 2022 in Atlanta, Georgia. Anna Moneymaker | Getty Images Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter. The people spoke with CNBC on the condition […]
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