Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin All things must die, according to the poet Alfred Lord Tennyson, but that could be about to change. A growing number of tech billionaires have decided they want to use their enormous wealth to try
Tech
In this article AAPL Apple iOS 15 Apple Apple released iOS 15, its big annual iPhone software update, on Monday. This year’s version has some big changes, including the ability of FaceTime to make calls to Windows and Android users, artificial intelligence that can better identify animals, plants and other items in photos, and a
In this article BTC.CM= ETH.CM= Bitcoin prices fell sharply amid the global sell-off in equities. Luke MacGregor | Bloomberg | Getty Images The price of bitcoin dropped sharply Monday as investors began shedding risk amid a global equity markets decline. While bitcoin is often called a safe haven asset, the growing reality is its price
Investors are betting on Indian start-ups and taking more risks, thanks in part to improvement in India’s infrastructure, according to a venture capitalist. Dealmaking in South Asia’s largest economy rose in the first seven months of 2021 as many foreign investors with deep pockets flushed Indian start-ups with fresh funds. “There is a lot of
In this article TSLA Tesla CEO Elon Musk lauded Chinese automakers Friday, calling them the “most competitive in the world,” during a pre-recorded question-and-answer stream at the World New Energy Vehicle Congress, which is hosted in China’s Hainan province. Musk was highly complementary of the nation that’s imperative to his electric vehicle company, and the
The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Search for “toothpaste” on Amazon, and the top of the web page will show you a mix of popular brands like Colgate, Crest and Sensodyne. Try a separate search for “deodorant” and you’ll first see products from
In this article TSLA Electric vehicle maker Tesla is poised to expand its controversial FSD Beta program with a long-awaited download button that would allow customers to get new, unfinished versions of the company’s driver assistance software to test on public roads even though that software hasn’t been debugged yet. Tesla CEO Elon Musk, who
Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured her to validate blood test results from the company’s Edison machine to speed up a
In this article T VZ TMUS Rafael Abdrakhmanov | iStock | Getty Images From fake social security calls to scammers impersonating Apple or Amazon, anyone with a cellphone or landline is no stranger to robocalls. For decades, robocall scammers have graced phones and voicemails across the nation. Between June 2020 and 2021 these scams affected
In this article FB A Senate panel plans to bring tech executives back to Capitol Hill following a revealing report from The Wall Street Journal about the impact of Facebook’s Instagram platform on teens’ mental health. Sen. Marsha Blackburn, R-Tenn., ranking member of the Senate Commerce subcommittee on consumer protection, announced the hearing in an
In this article AAPL iPhone 13 Pro Source: Apple Inc. Apple‘s new iPhone 13 family went up for pre-order Friday morning at 8 a.m. ET. But since then, shoppers have reported trouble trying to buy the new phones using the Apple Card. Enough customers are having trouble that it quickly became one of the top
In this article INTU New LA Clippers arena. Source: LA Clippers The Los Angeles Clippers announced on Friday a sponsorship deal with financial software company Intuit, which will hold title rights to the team’s new $1.2 billion arena, scheduled to open in Inglewood in 2024. The Clippers will call their new complex the Intuit Dome,
In this article GOOGL Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images As a part of a recent reorganization within Google Cloud, CEO Thomas Kurian sidelined multiple tenured company veterans — one way he’s is
Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images At Apple’s annual launch event this week, it revealed new iPhones, iPads and Apple Watches, all of which were refinements of previous models. What Apple didn’t release, however, was a
In this article AAPL iPhone 13 Source: Apple Inc. More Chinese consumers are rushing to order Apple‘s latest iPhone now than last year, according to a South China Morning Post report published Thursday. More than 2 million pre-orders have been placed for the iPhone 13 through Apple’s official store on Chinese online retailer JD.com, the
In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google Cloud
In this article AMZN Amazon employees load boxes with orders at the company’s fulfillment center ahead of Cyber Monday in Tracy, Calif. David Paul Morris | Bloomberg | Getty Images Amazon plans to hold a beauty products event in October in an effort to lure early holiday shoppers and boost the company’s position in a
Kai-Fu Lee, CEO of Sinovation Ventures. Lino Mirgeler | Picture Alliance | Getty Images The former president of Google China warned that the West should be careful not to overstate or misinterpret the recently introduced regulations by Beijing that have hurt the likes of Alibaba, Tencent and Didi. Kai-Fu Lee, who now invests in Chinese
Brad Smith, President, Microsoft, on SaaS Monster stage during the opening day of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Microsoft said Tuesday its board approved the appointment of its president, Brad Smith, to the position of vice chair. The move comes months after Satya
iPhone 13 Pro Source: Apple Inc. Apple announced new iPhone models on Tuesday in what is an annual tradition for the company ahead of the holiday shopping season. The new models, called iPhone 13, are not major advances over last year’s models. Last year’s models gained 5G connections and a new, flatter design. This year’s
In this article FB A person using Instagram. Lorenzo Di Cola | NurPhoto via Getty Images Facebook has repeatedly found that its Instagram app is harmful to a number of teenagers, according to a Wall Street Journal report published Tuesday. The Journal cited Facebook studies over the past three years that examined how Instagram affects
In this article GOOGL The logo of Google Play is seen on a screen. Alexander Pohl | NurPhoto | Getty Images Wall Street analysts on Monday began to provide early reactions into how a recent ruling in Epic’s lawsuit against Apple might impact Google. On Sept. 10, a judge ruled Apple can’t prohibit developers from
Michael Nagle | Bloomberg | Getty Images Intuit will buy email marketing company Mailchimp for $12 billion in cash and stock, the companies announced Monday. Intuit, which is known for financial service offerings like TurboTax and Credit Karma, said it will use the acquisition to accelerate growth among small business clients. It marks the company’s
In this article BABA The Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Jan. 20, 2021. Qilai Shen | Bloomberg | Getty Images Beijing plans to break up Ant Group’s Alipay and create a separate app for the fintech giant’s loans business, according to a Financial Times report on Monday. Regulators previously ordered Ant
In this article AAPL Tim Cook Source: Apple Apple‘s App Store revenue is made up almost entirely of users playing games, according to a court ruling released Friday that concluded Epic Games failed to prove Apple is a monopolist. According to the ruling, gaming apps account for approximately 70% of all App Store revenue. That
In this article EL-FR FB A LinkedIn photo of Facebook exec Andrew “Boz” Bosworth. Facebook’s Andrew “Boz” Bosworth, who runs the company’s hardware business, said Friday that the ability to take pictures will be a standard feature for glasses within a decade. Bosworth’s comments on his podcast came a day after the launch of Ray-Ban
In this article MSFT Satya Nadella, chief executive officer of Microsoft Corp., gestures as he speaks during a panel session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 24, 2018. World leaders, influential executives, bankers and policy makers attend the 48th annual meeting of the World Economic Forum
In this article FB Facebook CEO Mark Zuckerberg Chesnot | Getty Images News | Getty Images Facebook this week announced a $100 million commitment to a program that supports small businesses owned by women and minorities by buying up their outstanding invoices. By buying up outstanding invoices, the Facebook Invoice Fast Track program puts money
In this article AAPL Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple prevailed on nine of 10 counts in its trial against Epic Games on Friday, but federal Judge Yvonne Gonzalez Rogers issued
In this article CRM Marc Benioff, Chairman and CEO of Salesforce.com speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Salesforce told thousands of employees in a Slack message on Friday that if they and their families are concerned about the ability to access reproductive care in the
In this article AMZN Dallas Cowboys wide receiver Brandon Smith during the game between the Dallas Cowboys and the Jacksonville Jaguars Matthew Pearce | Icon Sportswire | Getty Images Amazon is in talks to acquire the rights for the National Football League’s “Sunday Ticket” package and is seen as the front-runner by others involved in
Judge Yvonne Gonzalez Rogers handed down a decision in a closely-watched trial between Apple and Epic Games on Friday. Rogers issued an injunction that said that Apple will no longer be allowed to prohibit developers from providing links or other communications that direct users away from Apple in-app purchasing, of which it takes 15% to
In this article GS GSBD Justin Chin | Bloomberg | Getty Images Hedge fund participation in private deals that typically involve venture capital and private equity firms has grown “enormously” in recent years as fund managers look to try to boost their returns, according to a report from the Goldman Sachs sales and trading desk.
Getty Images Amazon said Thursday it will offer to pay 100% of college tuition for its 750,000 U.S. hourly employees. The e-commerce giant is following the lead of other large U.S. companies who are dangling perks like education benefits or more pay to woo workers in a tight job market. Starting in January 2022, Amazon
In this article FB EL-FR Facebook’s Ray-Ban Stories glasses can take photos and videos through cameras at each corner of the device’s frames. Courtesy of Ashley Bogdan Facebook on Thursday unveiled its long-awaited collaboration with Luxottica: Ray-Ban Stories smart glasses. The glasses, which start at $299, let users take photos and record videos with voice
Sorare LONDON — Spain’s top soccer league La Liga said on Thursday that it will offer NFTs for all its players, marking the latest foray into cryptocurrencies from a major sports organization. NFTs, or non-fungible tokens, are unique digital assets that are designed to certify ownership of a virtual item, such as rare art or
Prosecutors called Theranos founder and CEO Elizabeth Holmes a liar and a cheat on Wednesday while her attorneys argued that the company’s failure was not a crime. “Out of time, out of money, Elizabeth Holmes decided to lie,” Robert Leach, an assistant U.S. attorney, said while laying out the case that Theranos ran out of
In this article AMZN A Whole Foods locaton in downtown Denver. John Leyba | Denver Post | Getty Images Amazon is bringing its automated checkout technology to a pair of Whole Foods stores, the company announced Wednesday, marking the latest test of the grab-and-go system in a full-size supermarket. In a blog post, Amazon said
In this article DIS Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images Hulu confirmed Tuesday it’s raising prices for its on-demand plans, following $1 price hikes by its sister services Disney+ and ESPN+. Hulu’s most-popular plan, the ad-supported option, will cost $6.99 per month, up a dollar. Its ad-free version will cost
In this article F AAPL Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced
Tim Cook Source: Apple Apple sent out invitations to the media for its annual launch event on Sept. 14, where the company is expected to announce new iPhones. The company may also announce new Apple Watch and AirPods models. Apple releases Apple Watches on an annual basis and the AirPods are due for a revision
In this article BTC.CB= A Chivo Bitcoin automated teller machine (ATM) at the Multiplaza Mall in San Salvador, El Salvador, on Saturday, Aug. 28, 2021. El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the governments plan to make the
In this article ZE594-CN BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC GUANGZHOU, China — BYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago, as demand for
In this article AAPL AMZN BIDU FB Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple, Amazon, Facebook, Tesla and Baidu are all shunning
In this article 9618-HK Richard Liu, founder and chief executive officer of JD.com. Billy H.C. Kwok | Bloomberg | Getty Images GUANGZHOU, China — JD.com’s founder and CEO Richard Liu is stepping back from day-to-day operations while the Chinese e-commerce giant said it has created a new president role. Xu Lei, who was previously CEO
Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images In the past few weeks, Apple has made several changes to its App Store rules, allowing a larger number of companies to access a lower commission
Rep. Scott Fitzgerald, R-Wis., is seen during a group photo with freshmen members of the House Republican Conference on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A Republican lawmaker is readying a bill that would require businesses subsidized by foreign governments to
Zoom In IconArrows pointing outwards Source: Chaddick Institute at DePaul University. Shows U.S. airports only and includes partner airlines. Over the years, Amazon has built up an army of warehouses, shipping hubs, delivery vans and trucks to ensure it can meet its Prime pledge of delivery in two days or less. Amazon’s air fleet, which
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