Technology

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla paid CEO Elon Musk $3 million personally for 90 days worth of an important type of business insurance

A company logo is attached to the headquarters of the SAP software group. Uwe Anspach | picture alliance | Getty Images LONDON — German enterprise software group SAP saw its market valuation fall by 25 billion euros ($30 billion) on Monday as shares collapsed by over 17% following disappointing third-quarter results. The company, which slashed

Josephine Flood | CNBC There’s a quiet consensus emerging in the hallways and boardrooms of American media companies. They expect about 25 million U.S. households to cancel their pay-TV subscriptions over the next five years. This is on top of the 25 million homes that have already cut the cord since 2012. At least three

Grocery store workers and others stage a protest rally outside the Whole Foods Market, in the South End of Boston, to demand personal protective equipment, added benefits if needed and hazard pay, during the coronavirus pandemic on Apr. 7, 2020. Pat Greenhouse | Boston Globe | Getty Images Amazon warehouse workers have a long history

Foundem creators Shivaun and Adam Raff stand outside of the European Court of Justice for Google’s appeal hearing in its competition case in 2020. Shivaun Raff When Shivaun Raff began speaking with European regulators about her complaints of Google’s exclusionary conduct over a decade ago, she seemed to stand more or less alone. “Where is

A Tesla Model S (L) and Model X are displayed at a shopping mall in Hong Kong on March 10, 2019. Vivek Prakash | AFP | Getty Images Tesla is recalling 48,442 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over potentially

Customers at the Apple Store in George Street look at the new iPhone 12 on sale on October 23, 2020 in Sydney, Australia. James D. Morgan | Getty Images Your new iPhone 12 doesn’t come with a wall plug in the box. Yes, that’s annoying. And yes, that means you’ll need to drop $19 on

Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images Intel shares fell 10% in extended trading on Thursday after the company reported fiscal third-quarter earnings that were stronger than analysts

Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Lawyers who prosecuted Microsoft over alleged antitrust violations in the late 1990s saw some familiar tactics in the Justice Department’s complaint against Google filed Tuesday. But it’s far from a

GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead.

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings

(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key

Ted Sarandos attends the Ted Sarandos panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Ernesto S. Ruscio | Getty Images It wasn’t Netflix‘s finest quarter, but if you’re a long-term Netflix believer, you’ve got reason to smile. The streaming video giant reported 300,000 fewer global net

Apple’s launch promotional material of the New iPhone12 Pro seen displayed on a mobile phone screen with an Apple logo in the background. Pavlo Gonchar | LightRocket | Getty Images GUANGZHOU, China — Chinese consumers have taken a liking to Apple’s new iPhone 12 and iPhone 12 Pro, according to data provided to CNBC. The

Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares of IBM fell slightly in extended trading on Monday after the company released third-quarter earnings

An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc’s logo at their offices in London, U.K., on Thursday, Jan. 2, 2020. Simon Dawson | Bloomberg via Getty Images LONDON — It’s looking like a good year for stock market debuts in the U.S. and China, which are seeing big