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. Shares in Chinese chipmaker SMIC drop nearly 7% after earnings miss

    Shares of Semiconductor Manufacturing International Corporation, China's largest contract chip maker, fell nearly 7% after an earnings miss.

  2. Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case

    Mashinsky's downfall mirrors the fate of FTX founder Sam Bankman-Fried, Binance's Changpeng Zhao and Do Kwon of Terraform Labs.

  3. Lyft shares rise as company ups buyback to $750 million

    Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.

  4. Affirm drops 8% on weaker-than-expected guidance for current quarter

    Affirm beats on earnings but gave a revenue forecast that trailed analysts' estimates.

  5. Pinterest shares rise 15% on better-than-expected guidance

    Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.

  6. Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical

    After Palantir's stock surge, investors now have to pay over 520 times earnings to buy it.

  7. Theranos founder Elizabeth Holmes loses bid to have appeal of fraud conviction reheard

    The decision leaves Holmes with the Supreme Court as her last chance to undo her conviction. She will have to ask the court to hear the case.

  8. Amazon adds pet prescriptions, expanding online pharmacy offerings

    Amazon said it's partnering with Vetsource, an online pet pharmacy, to enable pet prescriptions through Amazon's storefront.

  9. Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion

    Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date.

  10. Whoop launches two new wearables with 14-day battery life

    Whoop on Thursday announced two new wearable devices, called Whoop 5.0 and Whoop MG, with prices starting at $199.

Find a Wide Selection of Products and Deals - Shop Now on Amazon