Microsoft Corp
Hong Kong’s ‘Mr. Metaverse’ on why he’s placing a big Web3 bet against Mark Zuckerberg
In the evolving metaverse economy, Yat Siu, the founder of a once little-known mobile gaming startup, is becoming known by a nickname: Mr. Metaverse. He’s pivoting his Hong Kong-based company Animoca Brands to help shape Web3 in a way that he says will offer an alternative to the tech giants — from Meta to Microsoft, […]
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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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Microsoft bought and shut down this entrepreneur’s app. But now he’s raised money for an unofficial successor
Wunderlist co-founder Christian Reber Pitch German entrepreneur Christian Reber sold his to-do list app Wunderlist to Microsoft in 2015 for a sum that was reported to be between $100 million and $200 million only to watch the U.S. tech giant shut it down four years later. Now he’s just raised funding for a follow-on app […]
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Stocks making the biggest moves midday: AT&T, Nvidia, Sailpoint Technologies and more
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Monday: AT&T — Shares of AT&T jumped more than 7% after the telecom giant announced that it closed its transaction with Discovery to spin off its WarnerMedia business. The combined […]
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Sony and the Lego family bet big on the ‘metaverse’ with $2 billion investment in Epic Games
The Epic Games logo displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Fortnite creator Epic Games has raised $2 billion in funding from Sony and the Lego family, in a massive deal highlighting the excitement from big businesses about the so-called “metaverse.” Sony will inject $1 billion in the company, Epic announced […]
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Box’s buzz has long since passed but the stock is trading near a record while cloud peers suffer
Box CEO Aaron Levie speaking at BoxWorks in 2018 Box In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. At age 37, Aaron Levie has been at the same job for almost half his life. He’s the CEO of collaboration software vendor Box, a […]
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‘It’s meaningless’ — large Tesla shareholder Ron Baron reacts to Elon Musk joining Twitter’s board
Ron Baron, the CEO of Baron Capital and one of Tesla’s largest shareholders, said that Elon Musk’s 9.2% stake in Twitter, and his accompanying board seat, is not significant. “I think it’s meaningless,” he told CNBC’s “Squawk Box” Thursday. “It’s a tiny investment. $3 billion for a man who is worth $300 billion. He has […]
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LinkedIn says Amazon is the top U.S. company to work for if you want career growth
Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group | The Riverside Press-Enterprise via Getty Images LinkedIn on Wednesday named Amazon the top U.S. company to work for if you’re seeking career growth. It’s the second year Amazon has topped the list. LinkedIn’s 2022 Top Companies list tracks seven pillars focused […]
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We’re trimming tech stocks and an automaker because it never pays to fight the Fed
We’re making several more trims, targeting tech and an economically sensitive automaker due to our concerns about an aggressively hawkish Fed. Source
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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