Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon announced its first stock split since the dot-com boom, telling investors on Wednesday that they’ll receive 20 shares for each share they currently own. The stock soared
Technology
Kara Swisher, CNBC’s Andrew Ross Sorkin, Martha Stewart, and Barry Diller at CNBC’s “The Next 25” Gala in New York. CNBC | Nbcuniversal | Getty Images Entertainment mogul Barry Diller strongly denied the idea that he, his stepson, and longtime pal and fellow mogul David Geffen engaged in insider trading in what he claims was
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. It’s a long-awaited directive that has had the crypto industry on edge, not least due to growing regulatory concern around the world surrounding the nascent digital asset market. There had been reports of
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Macro conditions were already troubling for tech. With
Apple’s March 2022 event invite Apple Apple is holding its first launch event the year on Tuesday, where it is expected to announce a new iPhone, an iPad, and possibly some fresh Macs. The launch will be livestreamed from Apple’s Apple Park headquarters in Cupertino, California, like all of the company’s launch events since 2020.
In this article NFLX Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Netflix is pulling its service in Russia following the country’s invasion of Ukraine, the company confirmed to CNBC. “Given the circumstances on the ground, we have decided to suspend our service in Russia,”
This general view shows destroyed Russian armored vehicles in the city of Bucha, west of Kyiv, on March 4, 2022. Aris Messinis | AFP | Getty Images When BigCommerce executives held their global all-hands meeting Thursday, they didn’t expect any of the company’s 106 Ukraine-based employees to show up on the screen. Most staffers there
In this article PYPL The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country in response to its invasion of Ukraine. “Under the current circumstances, we are suspending PayPal services
CEO of Activision Blizzard, Bobby Kotick, speaks onstage during “Managing Excellence: Getting Consistently Great Results” at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 19, 2016, in San Francisco. Michael Kovac | Getty Images Coca-Cola Co. said Friday that Bobby Kotick, CEO of video game publisher Activision Blizzard,
Apple CEO Tim Cook attends the grand opening event of the new Apple store at The Grove on November 19, 2021 in Los Angeles, California. Mario Tama | Getty Images Apple shareholders approved a proposal on Friday that said that the company’s board will conduct a third-party audit examining company policies and provide recommendations to
In this article FB Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Russia’s media regulator said Friday it will block access to Meta-owned Facebook in the country as it escalates pressure on media outlets and tech platforms amid its invasion of Ukraine. The regulator claimed Facebook violated federal law by restricting access to
In this article 7267.T-JP 6758.T-JP Kenichiro Yoshida, Chairman, President and CEO of Sony Group Corporation, speaks as he introduces the VISION-S 02, an SUV prototype vehicle, as the VISION-S 01, announced in 2020, is on display during a Sony press event for CES 2022 at the Mandalay Bay Convention Center on January 4, 2022 in
In this article AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters BARCELONA – Apple’s decision to stop selling products in Russia puts pressure on other smartphone makers to do the same, according to analysts.
In this article AMZN People shop in the newly opened Amazon Books on May 25, 2017 in New York City. Getty Images Amazon is shutting down all its Amazon Books physical bookstores, as well as its Amazon 4-star and Amazon Pop Up shops, which sold a variety of electronics and other hot items. The closures
In this article AAPL Apple’s March 2022 event invite Apple Apple on Tuesday sent out invitations to the media for an event on March 8, where it’s expected to announce a new low-cost iPhone model. The event, with the tagline “Peek Performance,” will be streamed digitally on YouTube and Apple’s website. Apple’s launch events have
Ukrainian President Volodymyr Zelenskyy makes a statement in Kyiv, Ukraine, February 25, 2022. Ukrainian Presidential Press Service | Reuters Ukrainian President Volodymyr Zelenskyy looks straight into the camera with the quality of an amateur vlogger. Wearing a T-shirt and sweater, he names the official titles of those standing with him: high-ranking Ukrainian officials who are
In this article TWTR The online hacking activist, or “hacktivist,” group Anonymous, whose adherents often disguise their identities with Guy Fawkes masks, is claiming responsibility for disruptions to Russian and Belarusian-backed websites. Anadolu Agency | Anadolu Agency | Getty Images The murky online group known as Anonymous appears to be wading into the Ukraine-Russia conflict
In this article ZM Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom shares fell 13% in extended trading on Monday after the video-calling software
The logo of the Bitcoin cryptocurrency in a window of an office building in the Mitte district of Berlin, Germany, on Tuesday, Feb. 15, 2022. Krisztian Bocsi | Bloomberg | Getty Images The crypto market rose on Monday after the Treasury Department imposed new sanctions against Russia’s central bank. Bitcoin jumped 8.2% to $40,959.30, while
In this article ETH.CM= BTC.CM= Ukraine’s President Volodymyr Zelenskyy holds a press conference on Russia’s military operation in Ukraine, on Feb. 25, 2022 in Kyiv. Anadolu Agency | Getty Images Ukraine’s government has raised more than $10 million in cryptocurrency donations, turning to an unlikely crowdfunding method to help it get through a brutal invasion
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