In this articleJBSS-BRWell-known hacker collective REvil Group is behind the cyberattack on JBS, according to a source speaking to CNBC on the condition of anonymity. It caused JBS, the world's largest meatpacking company to shut down operations.The assault on the world's largest meatpacker disrupted meat production in North America and Australia, at one point stoking...Read More
In this articleAAPLTim Cook on stage at Apple's September 10, 2019 event.Source: AppleApple said Wednesday that its App Store facilitated an estimated $643 billion in billings and sales during 2020, according to a new study commissioned by the company.The figure marks a 24% increase from last year, as the Covid-19 pandemic pushed many consumers toward...Read More
Satya Nadella in New Delhi, India.Ramesh Pathania | Mint | Getty ImagesMicrosoft said Wednesday it will unveil "the next generation of Windows" on June 24. The move comes a week after CEO Satya Nadella teased major enhancements to the PC operating system for developers as well as creators.Windows, the dominant operating system for personal computers,...Read More
A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time.Costfoto | Barcroft Media | Getty ImagesGUANGZHOU, China — Huawei on Wednesday launched its self-developed operating system across a slew of devices, including smartphones....Read More
Guild Education's Headquarters in Denver, ColoradoGuild EducationGuild Education has raised a $150 million Series E funding round, bringing the company's valuation to $3.75 billion — more than triple its previous valuation of $1 billion.The Denver-based edtech company, ranked No. 49 on this year's CNBC Disruptor 50 list, helps companies including Disney, Chipotle, Walmart, Taco Bell and Lowe's offer debt-free...Read More
Celonis co-founders Bastian Nominacher, Alexander Rinke and Martin Klenk.CelonisLONDON — Enterprise software firm Celonis on Wednesday said it had raised $1 billion in a new round of funding, valuing the company at an eye-watering $11 billion.The new investment was co-led by Durable Capital Partners and T. Rowe Price Associates, with Franklin Templeton and Splunk Ventures...Read More
In this articleETSYJosh Silverman, CEO of Etsy.Adam Jeffery | CNBCE-commerce firm Etsy announced Wednesday that it is buying the second-hand fashion marketplace app Depop for $1.62 billion as part of an effort to reach a younger audience.Founded in the U.K. in 2011, Depop claims to now have approximately 30 million registered users across 150 countries....Read More
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020.Yasin Ozturk | Anadolu Agency | Getty ImagesShares of Samsung Publishing, a major shareholder in the producer of "Baby Shark," soared on Wednesday after a tweet by Tesla CEO Elon Musk about the...Read More
In this articleAMZNAn Amazon fulfillment center in Frankenthal, Germany.Thorsten Wagner | Bloomberg | Getty ImagesAmazon is bringing its Prime Day megasale back to its normal summertime schedule after the company last year postponed the annual event due to the coronavirus pandemic.The company announced Wednesday that this year's Prime Day will take place on June 21...Read More
A digital Chinese currency red packet is seen on a mobile phone in an arranged photograph as Chengdu city starts to distribute 200,000 E-CNY 'red packets' worth 40 million yuan on February 24, 2021 in Yichang, Hubei Province of China.VCG | Visual China Group | Getty ImagesGUANGZHOU, China — China will hand out 40 million...Read More
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