Technology

South Korea’s LG Energy Solution signed an agreement to supply Toyota, the world’s largest automaker, with lithium-ion batteries for electric vehicles that will be assembled in the U.S., the companies said on Wednesday. The deal will support Toyota’s expanding battery EV line-up, which includes a new model that will be assembled at a manufacturing plant

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amp, a live audio app that lets users DJ their own show, is seen on a smartphone. Amazon Amazon is shutting down its live audio service, called Amp, the company confirmed to CNBC. Amp allows users to host their own live show, where callers can

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

In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel said

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,

FTX’s multibillion-dollar cryptocurrency blowup hasn’t destroyed all faith in the industry.  In a new documentary premiering Monday, FTX customers, insiders and investors tell CNBC that despite not receiving a single dollar worth of cryptocurrency back, they’re optimistic on the industry and plan to keep investing.  Evan Luthra, an app developer, entrepreneur and angel investor, told

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 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

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images The U.S. Equal Employment Opportunity Commission (EEOC) has sued Tesla accusing Elon Musk’s electric car maker of violating “federal law by

In this article Follow your favorite stocksCREATE FREE ACCOUNT VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast‘s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst.

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

Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images Indonesia’s ministry of trade said Tuesday it is working to further regulate e-commerce, adding that the country does not allow transactions on social media platforms. “One of the things that is regulated is that the government only allows

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