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In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as

In this article TSLA Elon Musk, chief executive officer of Tesla Inc., waves while departing court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images Tesla CEO Elon Musk accused the Securities and Exchange Commission of harassment in a calculated effort to “chill” his

Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did

Eric Schmidt , former chairman and CEO at Google. John Lamparski | Getty Images Eric Schmidt, the former CEO of Google, is planning to invest $125 million into artificial intelligence research through his philanthropic Schmidt Futures venture. The funding, set to be administered through an initiative dubbed AI2050, will aim to support academics working on

In this article ABNB Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb beat Wall Street estimates on earnings and revenue

Server chip Yitian 710, developed by Alibaba’s in-house semiconductor unit T-Head, on display during the Apsara Conference 2021 on Oct. 19, 2021 in Hangzhou, China. Xu Kangping | Visual China Group | Getty Images Global semiconductor sales topped half a trillion dollars for the first time, as companies ramped up production to meet demand amid

Warren Buffett Gerald Miller | CNBC Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, according to a regulatory filing, jumping in before Microsoft agreed to buy the video-game publisher for $68.7 billion. Berkshire owns 14.66 million shares valued at $975 million as of the end

A CryptoPunk NFT on display at Sotheby’s on June 4, 2021 in New York City. Cindy Ord | Getty Images LONDON — Britain’s tax watchdog has seized three non-fungible tokens, in what is thought to be the first seizure of NFTs by a U.K. law enforcement agency. Officials at Her Majesty’s Revenue and Customs say

Volkan Furuncu | Anadolu Agency | Getty Images Investors looking to put money into U.S. and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase. “You have to be

In this article PTON John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Roughly two months after Peloton’s IPO, founder

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game. Matt Lohstroh HOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at Texas A&M University, they decided to get into the business of mining bitcoin on the oil fields of East Texas. The year was 2019, and at the time, the

Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Splunk shares rose as much as 14% in extended trading on Friday after the Wall Street Journal reported that Cisco made an offer to buy the data analytics software company for over $20 billion. At the peak of its

In this article AMZN Photographer: Thorsten Wagner/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A former Amazon employee was sentenced Friday to federal prison for his involvement in an international bribery scheme. Rohit Kadimisetty, who worked as a seller support employee out of Amazon’s Hyderabad, India, office until 2015, was ordered to spend

Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm stock dropped as much as 26% on Thursday after the company reported second-quarter results ahead of schedule. Here’s how the company did versus Refinitiv consensus expectations for

In this article TSLA A worker wearing a face covering exits a Tesla Inc. vehicle at the company’s assembly plant in Fremont, California, U.S., on Thursday, Aug. 13, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images David Paul Morris | Bloomberg | Getty Images A California civil rights agency sued Tesla this week, alleging racist harassment

In this article TWTR A person in a mask walks by the New York Twitter offices after they announced they will close their re-opened offices effective immediately in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Twitter

In this article NFLX DIS In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images The Streaming Wars are heating up — at least between Disney and Netflix. Disney added 11.8 million Disney+ subscribers globally in the fiscal first quarter, topping the average analyst estimate

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images LONDON — British chip designer Arm, often called the crown jewel of the U.K. tech industry, is set to shun its home market and list in New York,