CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.

  1. Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates

    Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.

  2. Rubrik prices IPO at $32 per share, above the expected range

    Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.

  3. Meta's Reality Labs posts $3.85 billion loss in first quarter

    Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.

  4. IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

    IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

  5. TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban

    A TikTok ban could take years due to potential legal challenges, but creators worry about how they'll make a living if it goes away.

  6. Tesla surges after Elon Musk says new affordable EV models coming

    Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.

  7. Klarna scores major payment deal with Uber ahead of hotly anticipated IPO 

    The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany and Sweden. 

  8. Elon Musk is keeping investors' dreams of a Tesla robotaxi alive

    Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.

  9. Microsoft, Amazon AI partnerships face scrutiny from British regulators

    British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.

  10. U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao

    U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.

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