Technology

The latest business news pertaining to technology covering companies, advancements, multimedia, electronics, mobile technologies and science.

By CNBC

CNBC
WeWork reportedly expected to lay off 2,000 workers as early as this week
CNBC - Saheli Roy Choudhury
WeWork is expected to lay off at least 2,000 people, about 13% of its staff, as soon as this week, the Guardian newspaper reported. WeWork staff told …
Now
CNBC
Deepfakes
Fake videos could be the next big problem in the 2020 elections
CNBC - Grace Shao
Fake news was a big problem for the 2016 election. "Deepfake" videos could be an even bigger problem in 2020. Deepfake technology can be used to …
2 hours ago
CNBC
Social Media Companies
TikTok has moved into Facebook's backyard and is starting to poach its employees
CNBC - Salvador Rodriguez
TikTok, the upstart social media app, has opened an office in Silicon Valley and begun to poach Facebook employees, multiple people familiar with the …
7 hours ago
CNBC
Business
Facebook-led Libra project announces its 21-member council after exodus of top payments companies
CNBC - Lauren Feiner
That was the backdrop for Monday's meetings. Several of the founding members reaffirmed their commitment while acknowledging that it has a long way …
9 hours ago
CNBC
WeWork
WeWork alerts members that at least 1,600 of its office phone booths are tainted with formaldehyde
CNBC - Annie Palmer
WeWork is warning members that about 1,600 phone booths across some of its offices are tainted with formaldehyde, according to an email obtained by …
12 hours ago
CNBC
Uber
Uber lays off 'about 350' employees in self-driving, Eats and other divisions
CNBC - Annie Palmer and Deirdre Bosa
As you know, over the past few months, our leaders have looked carefully at their teams to ensure our organizations are structured for success for …
14 hours ago
CNBC
Facebook
Booking Holdings becomes the latest company to abandon Facebook's libra
CNBC - Annie Palmer
Online travel company Booking Holdings has dropped out of Facebook's Libra Association, the company told CNBC on Monday. Booking joins a growing list …
15 hours ago
CNBC
Facebook
Facebook's Libra consortium is meeting Monday after exodus of key backers
CNBC - Ryan Browne
Facebook's plan to introduce a cryptocurrency faces a key test Monday as the consortium of companies overseeing it gathers in Geneva. The now …
18 hours ago
CNBC
Marc Benioff
Salesforce's Marc Benioff calls for a 'new capitalism' where billionaires pay higher taxes
CNBC - Annie Palmer
Salesforce co-CEO Marc Benioff is calling for the establishment of a "new capitalism" that's paid for in part by taxing billionaires like himself. In …
18 hours ago
CNBC
News
Treasury Secretary Mnuchin says libra backers dropped out because the project is 'not ready' to meet regulatory standards
CNBC - Lauren Feiner
After six corporate backers of Facebook's libra cryptocurrency dropped out of the project, Treasury Secretary Steven Mnuchin said Monday he thinks …
18 hours ago
CNBC
iPhone
Apple's 'key growth driver' in 2020 will be a new $399 iPhone, top analyst says
CNBC - Todd Haselton
TF Securities analyst Ming-Chi Kuo says Apple's new and more affordable iPhone will launch in the first quarter of next year for $399. Kuo previously …
19 hours ago
CNBC
Kasparov
Chess master Garry Kasparov: Russia's tech threat is 'tactical,' China's 'strategic'
CNBC - Ryan Browne
While Russia's use of technology in the geopolitical sphere is aimed at securing short-term gains, China is in it for the long game, according to …
19 hours ago
CNBC
Apps
Chinese app pushing Xi's ideology has 'backdoor' that could let Beijing snoop on users, report says
CNBC - Arjun Kharpal
An app promoting Chinese leader Xi Jinping's ideology has flaws that could potentially allow Beijing to control hundreds of millions of users' …
20 hours ago
CNBC
Technology
What 'deepfakes' are and how they may be dangerous
CNBC - Grace Shao
Camera apps have become increasingly sophisticated. Users can elongate legs, remove pimples, add on animal ears and now, some can even create false …
1 day ago
CNBC
Softbank
SoftBank is reportedly seeking to take control of WeWork through a financing package
CNBC - Spencer Kimball
SoftBank has readied a financing package to take control of WeWork and further sideline the company's founder Adam Neumann, The Wall Street Journal …
1 day ago
CNBC
Telehealth
These telemedicine doctors are getting licenses in all 50 states to treat patients in most remote areas
CNBC - Christina Farr
Blake McKinney is a doctor with medical licenses in 49 states and a 50th likely on the way. That would put him into a small but growing group of …
1 day ago
CNBC
Andy Rubin
Blackouts, China pressure and Facebook's libra unravels: What happened in Silicon Valley this week
CNBC - Jennifer Elias
Even by Silicon Valley standards, this was a weird week. A battered and beaten down WeWork opened swanky new offices, much of the Bay Area lost power …
2 days ago
CNBC
Apple
Apple's newest iPhone relies on cameras to hide its lack of innovation
CNBC - Dain Evans
The iPhone 11 Pro and 11 Pro Max are Apple's newest phones, and both tout a triple-camera setup. But this is not new. In fact, it's one of the last …
2 days ago
CNBC
Technology
Apple isn't innovating with the iPhone like it used to
CNBC
Apple, the company that created the modern-day smartphone, is relying on technology that customers are already extremely familiar with, like cameras. …
2 days ago
CNBC
Technology
Facebook's libra cryptocurrency coalition is falling apart as eBay, Visa, Mastercard and Stripe jump ship
CNBC - Lauren Feiner
The original coalition of 28 corporate backers of the libra cryptocurrency seems to be dwindling as lawmakers continue to question how it will impact …
3 days ago
CNBC
China
Apple stock hits all-time high
CNBC - Todd Haselton
Shares of Apple hit an all-time intraday high on Friday, reaching as high as $237.64 per share. The last all-time high was $233.47 in October 2018. …
3 days ago
CNBC
Privacy
California AG tells businesses like Facebook and Google how they must comply with the state's new landmark privacy law
CNBC - Lauren Feiner
California Attorney General Xavier Becerra outlined for the first time Thursday how businesses will need to comply with the state's new landmark …
3 days ago
CNBC
Technology
Amazon says punishing counterfeiters and regulating facial recognition technology are among its top issues
CNBC - Eugene Kim
As Amazon expands into a host of new markets and stares down regulators and lawmakers across the globe, the company is spelling out to investors and …
3 days ago
CNBC
IAC announces its plan to spin off Match Group
CNBC - Annie Palmer
Tech holding company IAC/InterActiveCorp announced Friday it plans to spin off all of its shares of online dating company Match Group. IAC had said in …
3 days ago
CNBC
WeWork
WeWork will close its private school in 2020 as it looks to cut costs
CNBC - Annie Palmer
WeWork is shutting down early education school WeGrow later this year, in what represents the latest cost-cutting measure by the struggling …
3 days ago
CNBC
Recession
Publicis is struggling, but it's not a sign of deeper problems with ad agencies, say analysts
CNBC - Megan Graham
Publicis Groupe, one of the biggest advertising agency holding companies in the world, saw shares drop more than 14% in Europe after cutting its …
3 days ago
CNBC
Google
Google expands plans for its massive second headquarters in San Jose
CNBC - Jennifer Elias
A new proposal shows Google is expanding the scope of its massive planned headquarters in San Jose, California. The company has formally applied for …
3 days ago
CNBC
Amazon
Trump joins Amazon's Twitch streaming platform, despite his disdain for CEO Jeff Bezos
CNBC - Todd Haselton
President Donald Trump is now on Twitch, Amazon's live-streaming platform that initially launched as a place for gamers to interact with audiences in …
3 days ago
CNBC
Business
Uber buys grocery delivery company serving Latin America
CNBC - Lauren Feiner
Uber is buying a majority ownership stake of Cornershop, an online grocery delivery business serving Latin America in the latest step to diversify …
3 days ago