A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations. The announcement comes after the Indonesian ministry of trade last week set a one-week deadline for TikTok
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Djelics | E+ | Getty Images If your phone, television, or radio makes an alarming sound tomorrow around 2:20 p.m. ET Wednesday, don’t freak out. It’s only a test. The Federal Emergency Management Agency and the Federal Communications Commission are set to test the national public alert and warning system on Wednesday. Nearly all smartphones
In this article MSFT GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC. Nadella is testifying in the antitrust trial to determine if Alphabet Inc.’s Google maintains a monopoly in the online search business, which is expected to last into November.
In this article SHOP-CA UPS FDX AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dave Clark (L) and Ryan Petersen (R) Getty Images On Sept. 13, Flexport founder Ryan Petersen took the stage at North America’s premier supply chain conference in Phoenix. It was exactly a week after he’d forced out his hand-picked successor as CEO,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Sheldon Cooper | Lightrocket | Getty Images Amazon customer service representatives this weekend have been handling a wave of inquiries from customers who received suspicious and confusing email confirmations about gift card purchases they had not made. Customers on social media said they were sent
In this article GFS INTC TSEM-IL 981-HK GM LMT Follow your favorite stocksCREATE FREE ACCOUNT In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that are designed and sold by other companies. But it’s quietly
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple Store in New York City on Sept. 22, 2023. Alexi Rosenfeld | Getty Images Apple said on Saturday that it will issue a software update
In this article AAPL META Follow your favorite stocksCREATE FREE ACCOUNT Andrew Bosworth, Chief Technology Officer of Facebook, speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images At Meta’s annual Connect conference this week focused on virtual reality and the metaverse,
U.S. President Joe Biden delivers remarks prior to signing an executive order on “promoting competition in the American economy” during an event in the State Dining Room at the White House in Washington U.S., July 9, 2021. Evelyn Hockstein | Reuters Joe Biden has positioned himself as a pro-competition president, delighting progressives by installing their
Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court on Friday said it will decide whether it’s constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. The states have both passed legislation that many Republican lawmakers say will stop tech companies like Facebook parent Meta,
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said
BROOKLYN, NY – AUGUST 09: CEO of Epic Games Tim Sweeney speaks onstage during Samsung Unpacked New York City at Barclays Center on August 9, 2018 in Brooklyn City. Mike Coppola | Getty Images Entertainment | Getty Images Epic Games on Thursday said it’s laying off 16% of its workforce, selling its music platform Bandcamp
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will
Bloomberg / Contributor | Getty Images Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software startup, the company has ousted its chief financial officer, and its human resources chief has resigned, CNBC has learned. Flexport informed CFO Kenny Wagers last week that he was
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple senior vice president for services Eddy Cue arrives at the Prettyman U.S. Courthouse in Washington, D.C., on Sept. 26, 2023. Chip Somodevilla | Getty Images Eddy Cue, Apple’s senior vice president of services, testified on Tuesday that the company chose to make Google the
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images The Federal Trade Commission has filed its long-anticipated antitrust
Secondhand goods marketplace Carousell expects to “healthily” reduce its losses this year, putting it on track to profitability, the firm’s CEO told CNBC. “This year, we continue to expect revenue to grow healthily. And I think in a very promising sign, we actually are going to be healthily reducing our losses this year as well,”
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Kif Leswing/CNBC Apple’s iPhone 15 Pro and iPhone 15 Pro Max have a new frame design, which could make repairing the devices’ screens or swaps of their batteries easier, according to a teardown analysis by iFixit, a parts vendor and gadget-repair advocate. However, iFixit gives
Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more
Yuichiro Chino | Moment | Getty Images Tokenizing real-world assets on a blockchain is one of the buzziest topics of the year, and this time it isn’t just coming from financial incumbents like Citi, JPMorgan and Northern Trust, it’s coming from crypto native players, too. The initial hype around tokenization using blockchains began around 2015
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