Broadcom announces plans to buy VMware in $61 billion deal
Hock Tan, chief executive officer of Broadcom Martin H. Simon | Bloomberg | Getty Images Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on…
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Apple says it will raise pay for corporate and retail employees in tight labor market
Steve Proehl | Corbis Unreleased | Getty Images Apple said on Wednesday that it will raise pay for corporate and retail workers later this year. The move comes during a…
Boeing’s Starliner capsule lands, completing a crucial step toward carrying NASA astronauts
Boeing’s Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission. NASA TV Boeing landed its uncrewed Starliner spacecraft in the New…
Feds say Twitter used contact info collected for security purposes to target ads
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the…
Snowflake stock falls as executives forecast a narrower margin than expected
CEO of Snowflake Frank Slootman arrives at the Allen & Company Sun Valley Conference on July 6, 2021, in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snowflake shares fell…
Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front…
Nvidia stock falls on light guidance
Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Nvidia reported fiscal…
Satellite imagery firms Maxar, Planet and BlackSky awarded ‘billions of dollars’ in government contracts
Maxar collected new satellite imagery of the southern Ukrainian port city of Berdyansk that reveals a Russian Alligator-class landing ship that is burned and partially submerged…
Microsoft is selling the metaverse now — and it’s helping make everything from robots to ketchup
Microsoft’s HoloLens 2. Andrew Evers | CNBC You may not be ready to jump into the metaverse for fun, but it could be coming to work sooner than you think. Microsoft…
Snap’s warning sends shock across digital advertising as investors flee social media stocks
Evan Spiegel, CEO and co-founder of Snap Inc. Adam Galica | CNBC Social media companies were already having a rough year from the cutback in digital ad spending caused by rising…
Snap dives 32% and it’s dragging other stocks down with it
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the virtual Google Pixel Fall Launch event in New York, on Tuesday, Oct. 19, 2021. Michael Nagle |…
SpaceX president defends Elon Musk over sexual misconduct claims: ‘I believe the allegations to be false’
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the…
Snap plunges more than 25% after CEO warns company will miss revenue and earnings estimates, slow hiring
In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc…
Airbnb is closing its domestic business in China, sources say
Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speaks during a news conference in Tokyo, Japan, on Thursday, June 6, 2019. Akio Kon | Bloomberg | Getty…
Bitcoin could fall to $8,000, a more than 70% plunge, Guggenheim’s Minerd says
Scott Minerd, Chairman Investments and Global Chief Investment Officer, Guggenheim Partners, speaks during the Milken Institute Global Conference in Beverly Hills, California, on…
DC AG sues Meta CEO Zuckerberg over Cambridge Analytica privacy scandal
District of Columbia Attorney General Karl Racine announces a civil lawsuit against extremist groups the Proud Boys and Oath Keepers, over the deadly Jan. 6 attack on the U.S.…
Broadcom, VMware deal could be announced by Thursday, sources say
Rangarajan Raghuram, CEO, VMware at the NYSE, Dec. 14, 2021. Source: NYSE CNBC’s David Faber reported Monday that Broadcom had been gearing up to announce its acquisition of…
SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the…
The space industry is on its way to reach $1 trillion in revenue by 2040, Citi says
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX The space industry should reach $1 trillion in annual revenue by 2040, with launch costs…
Tech stocks are mired in their longest weekly losing streak since dot-com bust
Trading updates are shown on monitors on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters Tech…
Democratic senators concerned about phone location data being used to track people seeking abortions
U.S. Senator Amy Klobuchar speaks during a protest outside the U.S. Supreme Court after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a…
Palo Alto Networks stock jumps after company lifts full-year forecast
Palo Alto Networks shares rose 12% in extended trading on Thursday after the network security hardware maker announced fiscal third-quarter results that came in stronger than…
Apple reportedly showed off its mixed-reality headset to board of directors
Apple’s board of directors previewed its mixed-reality headset last week, according to Bloomberg, suggesting that its next major new product category could launch soon. For…
New bipartisan bill would force Google to break up its ad business
CEO of Alphabet and Google Sundar Pichai Mateusz Wlodarczyk | Nurphoto | Getty Images A new bipartisan proposal takes aim at Google and would force it to break up its digital…
Boeing is trying again to launch its Starliner capsule to the space station — here’s what’s at stake
A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it is rolled out to the launchpad for the OFT-2 mission scheduled to lift off on…
Apple now allows video, music apps to sign up new subscribers without paying fees
Apple said on Wednesday that so-called “reader apps,” which allow users to access libraries of content on their phones, will be allowed to use external links inside…
Federal judge approves Activision Blizzard sexual harassment settlement
From left, Brian Grazer, founder of Imagine Entertainment, and Bobby Kotick, chief executive officer of Activision Blizzard, arrive at the annual Allen & Company Sun Valley…
Pentagon expects to award up to $9 billion in cloud contracts in December
U.S. Defense Secretary Lloyd Austin speaks during a news conference in Tbilisi, Georgia October 18, 2021. Irakli Gedenidze | Reuters The U.S. Defense Department said Tuesday that…
Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on…
Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding…