Technology

In this article AAPL Tim Cook at the Apple launch event, March 8, 2022 Apple Apple is scaling back production of its new budget iPhone SE due to weaker-than-expected demand, Nikkei Asia reported Monday. The company has reportedly asked suppliers to cut production of the iPhone SE, its new $429 budget 5G phone, by about

Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are

Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters On Friday afternoon, a stream of Amazon workers exited a sprawling warehouse on New York’s Staten Island after wrapping up the daytime

A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar with the matter. British Finance Minister Rishi Sunak is expected to make an announcement in

In this article UBER Peter Summers | Getty Images LONDON — Uber has secured a 30-month license to continue operating in London, ending a protracted battle with city regulators over whether the ride-hailing app was “fit and proper.” “Uber has been granted a London private hire vehicle operator’s license for a period of two and

In this article GOOGL A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters Google Fiber contractors in Kansas City, Missouri voted to unionize Friday, becoming the first workers with bargaining rights under the Alphabet Workers Union. The group of 10 full-time workers are employed by BDS Connected Solutions

In this article SPOT Spotify app Jaap Arriens | NurPhoto | Getty Images Spotify said Friday it’s pulling out of Russia entirely because recent laws restricting news operations could put the streamer’s employees and listeners at risk. It expects operations to be fully suspended by the end of April. Spotify’s decision to pull out of

An image of a semiconductor wafer. I-Hwa Cheng | Bloomberg | Getty Images Russia’s war in Ukraine could see the production of neon, a critical gas in advanced semiconductor manufacturing, fall to worryingly low levels at a time when the world is already grappling with a chip shortage. Neon is required for the lasers that

Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company’s competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. The companywide virtual gathering earlier this month followed the release of

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be

In this article ASML-NL In the southern Dutch town of Veldhoven, near the border with Belgium, sits the only factory capable of assembling a revolutionary machine that’s relied upon by the world’s biggest chipmakers. EUV lithography is the most expensive step in making the advanced microchips that power data centers, cars and iPhones. The machines

Thomas Samson | AFP | Getty Images Hordes of Ukrainian coders are splitting their time between doing their day jobs and fighting a cyber war with Russia. Over 311,000 people have joined a group called “IT Army of Ukraine” on the social media platform Telegram, where Russian targets are shared. While not all of them

In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk will officially open Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure off

In this article BABA Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba’s Hong Kong-listed stock surged nearly 10% on Tuesday after the Chinese e-commerce giant said it would increase the size of its share buyback program from $15 billion to $25 billion. The share repurchase

President Joe Biden speaks during a tour of the Ford Rouge Electric Vehicle Center, in Dearborn, Michigan on May 18, 2021. Michael Wayland | CNBC President Joe Biden on Monday advised U.S. corporations to strengthen their cybersecurity practices because of intelligence reports indicating that Russia is looking at possibilities to attack. The guidance came almost

Understanding Ag teaching farmers about regenerative grazing. Photo courtesy Understanding Ag. When Gabe Brown first got into regenerative agriculture more than 25 years ago, he wasn’t trying to solve climate change. “I was just trying to keep the banker at bay and feed my family,” Brown told CNBC. Brown grew up in Bismarck, N.D., and

People drink outside a bar. Caitlin Ochs | Reuters A handful of twenty-somethings stand at the door of The Gin Mill, a New York City bar, trying to get past the bouncer. But instead of just producing IDs, anyone wanting to get in has to show they had a dating app on their phone. The

Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial public offering on the floor of the New York Stock Exchange in New York on Oct. 12, 2018. Michael Nagle | Bloomberg | Getty Images Activist

In this article AMZN An Amazon worker holds a sign at the Amazon building during the outbreak of the coronavirus disease (COVID-19), in the Staten Island borough of New York City, March 30, 2020. Jeenah Moon | Reuters Amazon workers at a second warehouse on New York’s Staten Island will vote whether to form a

In this article HOOD UBER SNAP ROKU Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallets and morale. Robinhood, Snap, Roku and Uber are among those offering more equity grants