Trending Stories from cnbc.com
White House will host a virtual semiconductor summit on Monday with execs from Intel, Samsung, HP, Alphabet, and more, as it begins a review of US supply chains
Amazon wins enough votes to beat union effort in Alabama; of the 3,215 ballots cast, there were 1,798 votes opposing the union and 738 votes in favor
Techmeme · 1 day ago
Crypto exchange Kraken is considering going public via direct listing in 2022; Kraken is the fourth-largest crypto exchange by trading volume with 6M+ clients
US Commerce Department adds seven Chinese supercomputing entities to an export blacklist for allegedly building supercomputers used by Chinese military
UK startup TrueLayer, which lets fintech apps connect with customers' bank accounts, raises $70M Series D led by Addition, bringing its total raised to $142M
Best Buy is piloting Best Buy Beta, a new membership program with perks including unlimited tech support and free shipping for $200/yr, starting in IA, OK, PA
Report: digital ad spending grew 12.2% YoY in 2020 to $139.8B, as H2 political ad spending offset the H1 falloff; top 10 companies held 78.1% share of revenues
Pew: YouTube usage grew from 73% of US adults in 2019 to 81% in 2021, with 95% of 18- to 29-year-olds using the service; 69% use Facebook and 21% use TikTok
Jeff Bezos says Amazon supports a rise in the corporate tax rate and making bold investments in US infrastructure, but stops short of supporting Biden's plan
Google will stop using Oracle’s finance software and adopt SAP instead
Supreme Court rules 6-2 in Google's favor in copyright dispute with Oracle over Java APIs, overturning Oracle's win
Facebook, Alphabet, and Microsoft shares rise 3%+ to each reach all-time highs in mid-day trading
Justice Thomas suggests regulating tech platforms like utilities
Amazon says it expects some employees to start coming back to the office as early as this summer and most of its staff will be back at the office this fall
Techmeme · 1 week ago
Google is accelerating reopening of offices and putting limits on remote work
Coursera closes at $45 per share, up 36% from its IPO price of $33 per share, giving Coursera a market cap of ~$5.9B
The Pentagon says Microsoft will build 120K custom HoloLens headsets for the US Army; Microsoft says the contract could be worth up to $21.88B over 10 years
Robinhood gets rid of confetti feature amid scrutiny over gamification of investing
Volkswagen’s name change of U.S. ‘Voltswagen’ operations was April Fool’s marketing prank, source says
Amazon loses effort to install camera to watch counting of ballots in pivotal union vote
Reddit · 2 weeks ago
VW accidentally leaks new name for its U.S. operations: Voltswagen
How Canada-based sports gaming and media company theScore, valued at $1B, is trying to expand its US reach through its sports news and betting apps
Oakland-based online retailer for secondhand clothes thredUP closes up ~43% in its Nasdaq debut, after pricing shares at $14 and raising $168M in its IPO
Pilot, which helps SMBs outsource accounting tasks like payroll, raises $100M Series C led by Bezos Expeditions and Whale Rock Capital, at a valuation of $1.2B
Robotic process automation software maker UiPath files to go public on the NYSE, reports $607.M revenue in FY2021, up 81% YoY, and net loss of $92.3M
Crypto analytics startup Chainalysis raises $100M Series D led by Paradigm, at a valuation of $2B+, four months after raising $100M Series C at a $1B valuation
H&M wiped off from Chinese e-commerce sites and mapping apps after its statement last year on forced labor in Xinjiang resurfaced and caused a backlash on Weibo
Budget TV maker Vizio slides 9% in NYSE debut, closing at $19.10 per share, after raising $257M in its IPO
Facebook says it blocked hackers in China who were trying to spy on Uyghur Muslims abroad
Cloud infrastructure service DigitalOcean closed 10% down at $42.50 in its market debut, after pricing shares at $47, valuing the company at $4.48B
Facebook , Google and Twitter Ceo to face Congress on fighting misinformation Thurs.
Elon Musk says people can now buy a Tesla with bitcoin
Amazon announces to employees that the next AWS head will be Adam Selipsky, the CEO of Salesforce-owned Tableau and formerly VP of AWS Sales, Marketing, Support
Techmeme · 3 weeks ago
Intel is spending $20 billion to build two new chip plants in Arizona!! America will be less dependent on China and other countries for chips!!
Lockheed Martin partners with satellite start-up Omnispace to build a space-based 5G network
Budget TV maker Vizio is planning a NYSE IPO and pitching investors on its growing ad and streaming businesses, driven by SmartCast, which has 12.2M accounts
Deliveroo prices shares at £3.90 to £4.60 ahead of its London IPO, implying a market cap of £7.6B to £8.8B
EU calls on countries to change laws on stock options and immigration so that startups can attract the best talent; 25 countries across Europe have signed up
Mozilla leads push for FCC to reinstate net neutrality
Mark Zuckerberg on Clubhouse says Facebook may be in a "stronger position" after Apple's IDFA changes and that Facebook Shops has 1M+ monthly active businesses
NFL finalizes an 11-year media rights deal, with Amazon Prime Video as exclusive partner for Thursday Night Football; sources: Amazon is paying about $1B/year
Techmeme · 3 weeks ago
China’s top chipmaker to build a $2.35 billion plant with government funding
AT&T says it will no longer exempt HBO Max from mobile data caps starting March 25, after a US court upheld CA's net neutrality law; change will apply beyond CA
FCC fines two Texas-based telemarketers a record $225M for making around 1B automated robocalls in 2019
Amazon is expanding Amazon Care telehealth service nationally for its employees and other companies
Reddit · 3 weeks ago