Tech

President Donald Trump on Thursday issued executive orders banning U.S. transactions with Chinese tech firms Tencent and ByteDance. Tencent owns Chinese messaging app WeChat, and ByteDance is the Beijing-based parent company of the widely popular short video-sharing app TikTok. The ban will take effect in 45 days and may attract retaliation from Beijing.  While the scope of
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Brothers91 Hiring in tech remains muted, sending another distressing signal ahead of Friday’s highly anticipated jobs report.  As of late July, tech job postings were down 36% compared to the same time last year, according to recent data from the online platform Indeed. The sector has lagged the broader U.S. economy, too. Listings on Indeed’s
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In this screengrab taken from a berniesanders.com webcast, Democratic presidential candidate Sen. Bernie Sanders (I-VT) talks about his plan to deal with the coronavirus pandemic on March 17, 2020 in Washington, D.C. Businesses are being severely impacted, schools are closing temporarily and large events are being postponed as the COVID-19 virus continues to spread across
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Amazon CEO Jeff Bezos testifies via video conference during a hearing of the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law on “Online Platforms and Market Power”, in the Rayburn House office Building on Capitol Hill, in Washington, July 29, 2020. Graeme Jennings | Pool via Reuters The CEOs of Amazon, Apple, Facebook and
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Science Photo Library | Getty Images Covid-19 patients might have been flooding into emergency departments in the spring, particularly in states like New York. But for everything else — heart attacks, strokes and other kinds of emergencies — the numbers were down for many hospitals across the country.  A new study collating data from five
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Bob Chapek, chairman of Walt Disney Parks and Experiences, stands for a photograph at an unveiling event of Star Wars: Galaxy’s Edge at Walt Disney Co.’s Disneyland theme park in Anaheim, California, U.S., on Wednesday, May 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Disney is set to report earnings for its third
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Joan Cros | NurPhoto | Getty Images Japan’s Sony Corp on Tuesday reported a 1.1% decline in first-quarter operating profit, much milder than market estimates as its gaming business thrived while consumers locked down at home looked for entertainment and downloaded more games. The electronics and entertainment firm posted April-June profit of 228.4 billion yen ($2.15 billion), versus 230.9 billion yen
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U.S. President Donald Trump delivers a speech during a visit to the Fujifilm Diosynth Biotechnologies’ Innovation Center, a pharmaceutical manufacturing plant where components for a potential coronavirus disease (COVID-19) vaccine candidate are being developed, in Morrrisville, North Carolina, U.S., July 27, 2020. Carlos Barria | Reuters The hunt is on for a vaccine for Covid-19,
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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 Apple buys a lot of smaller companies, and doesn’t talk about what it plans to do with them.  However, on Thursday, Apple CEO Tim Cook shed some
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The CEOs from four of the largest tech companies are testifying in front of the House Judiciary subcommittee on antitrust Wednesday. It’s the first time all four executives, Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai, have testified together. It’s Bezos’ first time ever testifying before Congress.  Below you can
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Amazon CEO Jeff Bezos on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images Amazon CEO Jeff Bezos will finally come face to face with lawmakers looking to question his company’s growing influence at Wednesday’s antitrust hearing.  The hearing before the House Antitrust Subcommittee, which will be held over videoconference because of the coronavirus
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U.S. President Donald Trump wears a protective face mask during a tour of the Fujifilm Diosynth Biotechnologies’ Innovation Center, a pharmaceutical manufacturing plant where components for a potential coronavirus disease (COVID-19) vaccine candidate are being developed, in Morrrisville, North Carolina, U.S., July 27, 2020. Carlos Barria | Reuters A controversial video containing misleading information on the
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Signage for Taiwan Semiconductor Manufacturing Co. (TSMC) is displayed at the company’s headquarters in Hsinchu, Taiwan, on Wednesday, June 5, 2019. Ashley Pon | Bloomberg via Getty Images Taiwan listed-shares of TSMC rallied on Monday after U.S. chipmaker Intel said it faces delays for its next-generation chips and could outsource some of the production. TSMC closed
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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 Intel on Thursday said in its earnings report that it’s delaying its new 7-nanometer processors by approximately six months because internal testing has revealed the yield  —
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Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC Chipmaker AMD rose over 15% on Friday, bucking a mostly down day for tech stocks. Its primary rival, Intel, fell over 15%. The large stock moves come a
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Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters The blockbuster antitrust hearing featuring CEOs from Amazon, Apple, Facebook and Google scheduled for Monday will likely be postponed, two people familiar with the matter told CNBC, due to a conflict with the memorial service for the late
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Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price initially plunged more than 11% after hours then moderated to a smaller decline as
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