Andy Jassy, CEO of Amazon Web Services. CNBC Getting kicked off Amazon Web Services is rare, but it has enormous consequences. It happened this week, when Amazon dropped Parler, a social network that gained traction from conservatives after Twitter banned President Donald Trump and housed content that encouraged violence. Parler filed suit against Amazon in
Technology
The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images LONDON — A British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to let him search for it in a landfill site. James Howells, a
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Facebook said Friday it will block the creation of new Facebook events happening near the White House, the U.S. Capitol building and state capitol buildings through President-elect Joe Biden’s inauguration on Jan. 20. In a blog post that was
Trump supporters stand on the U.S. Capitol Police armored vehicle as others take over the steps of the Capitol on Wednesday, Jan. 6, 2021, as the Congress works to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc. | Getty Images Corporate money has flooded U.S. elections ever since 2010, when the Supreme
Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 billion. The company previously said
Customers look at a Tesla Motors Inc. Model X electric vehicle on display at the company’s showroom in Shanghai, China, on Tuesday, Sept. 12, 2017. Qilai Shen | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) asked Tesla in a letter on Wednesday to recall 158,716 of its Model S and Model
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. Erin Scott | Reuters Facebook on Wednesday said it is aware that calls for violence “have been high” since the insurrection on the U.S. Capitol last week. Specifically, the company has identified flyers that are
The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images Foxconn and Chinese carmaker Geely have created a joint venture aimed at selling manufacturing and services to the global auto industry. The deal, which was announced on Wednesday, marks Foxconn’s continued expansion into
Visa CEO Alfred Kelly speaks at Boston College’s Chief Executive Club luncheon, September 27, 2018. Brian Snyder | Reuters Visa has ended its takeover efforts of Silicon Valley start-up Plaid about two months after the Department of Justice filed an antitrust lawsuit on grounds that it would limit competition in the payments industry. The company said
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook on Monday announced that it will pause its contributions to political action committees in the wake of the invasion of the U.S. Capitol on Wednesday by insurgents incited by President Donald
BERLIN, GERMANY – SEPTEMBER 02: Tesla head Elon Musk arrives at a retreat of the German Christian Democrats CDU/CSU Bundestag faction on September 02, 2020 in Berlin, Germany. Musk is currently in Germany where he met with vaccine maker CureVac, with which Tesla has a cooperation to build devices for producing RNA vaccines, yesterday. Today
A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images News | Getty Images GUANGZHOU, China — Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market. The market capitalization or value of the cryptocurrency market was $959.53
Black artist Bomani X has been one of the key innovators of voice-chatting app Clubhouse, and now, his face serves as Clubhouse’s app icon. Courtesy of Bomani X Clubhouse, a social media app introduced in March, allows users to gather in virtual rooms where they can communicate with one another through the mics on their
Parler CEO John Matze joins CNBC’s “Squawk on the Street” on July 2, 2020. CNBC Amazon has pulled the plug on Parler, a social media app popular with Trump supporters, in the wake of the deadly U.S. Capitol riot earlier this week. Amazon’s cloud-computing unit, Amazon Web Services (AWS), informed Parler on Saturday that it
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images A group of Amazon corporate employees is calling on the company to stop providing cloud services to Parler, a social media app popular with Trump supporters. In a tweet on Saturday, employee advocacy group Amazon Employees for Climate Justice
U.S President Donald Trump gives an address, a day after his supporters stormed the U.S. Capitol in Washington, U.S., in this still image taken from video provided on social media on January 8, 2021. Donald J. Trump via Twitter | Reuters Twitter permanently suspended President Donald Trump’s account on Friday. The company said in a
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