Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images In a bombshell revelation just days before her criminal fraud trial, defense attorneys for Elizabeth
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In this article TSLA A 2019 Tesla Model 3 hit a Florida Highway Patrol car in Orlando on the morning of August 28, 2021. No injuries were reported. Courtesy: Florida Highway Patrol The driver of a 2019 Tesla Model 3 told officers she was using Autopilot, Tesla’s advanced driver assistance system, when she collided with
[Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, and aiming to reach orbit for the first time. The new space company cut short its first launch attempt on Friday, with the rocket’s engines firing for a moment and
Bitcoin resting on United States dollar banknotes. Nicolas Economou | NurPhoto | Getty Images A small section of the $1 trillion infrastructure bill has generated a flurry of lobbying from the cryptocurrency industry, creating a defining moment for the sector’s presence in Washington. Though industry players failed to change what they see as problematic language
In this article DASH A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images The City of Chicago filed two sweeping lawsuits against DoorDash and Grubhub for allegedly deceiving customers and using unfair business practices. The suits echo longstanding claims from
In this article ABNB Afghan refugees are led to a bus taking them to a refugee processing center upon arrival at Dulles International Airport in Dulles, Virginia August 25, 2021. Kevin Lamarque | Reuters Businesses are rushing to support the thousands of refugees that have been evacuated from Afghanistan in recent days who are now
Apple CEO Tim Cook attends Apple’s “Ted Lasso” Season 2 Premiere at Pacific Design Center on July 15, 2021 in West Hollywood, California. Axelle/Bauer-Griffin | FilmMagic | Getty Images Apple CEO Tim Cook received more than five million shares of Apple stock this week, selling most of the stock for more than $750 million, according
In this article OPA The Forbes Magazine stand is pictured at the 24th St Petersburg International Economic Forum. Alexander Demianchuk | TASS | Getty Images Forbes, a long-standing media publication, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company. The company, merging with Magnum Opus Acquisition, is expected
In this article MSFT AMZN REDMOND, UNITED STATES – 2021/01/25: Microsoft logo seen at their building in Redmond. Microsoft will publish fiscal year 2021 second-quarter financial results on January 26. Toby Scott | SOPA Images | LightRocket | Getty Images Microsoft has hired Amazon cloud executive Charlie Bell as a corporate vice president, CNBC has
In this article PCG AAPL U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) response and vaccination program during a speech in the East Room at the White House in Washington, August 18, 2021. Elizabeth Frantz | Reuters President Joe Biden will meet Wednesday with top executives from several of the largest companies
In this article MSFT Microsoft’s Xbox Series S (L) and Xbox Series X consoles. Phil Barker | Future Publishing | Future via Getty Images Microsoft is bringing its cloud gaming service to Xbox consoles later this year. The company announced Tuesday that Xbox Cloud Gaming, which lets players stream games rather than having to install
Apple CEO Tim Cook attends the opening of the new Apple Tower Theater retail store at Apple Tower Theatre on June 24, 2021 in Los Angeles, California. JC Olivera | Getty Images Ten years ago, Tim Cook was named CEO of Apple. He had a tough task. His predecessor Steve Jobs founded the company, and
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk on Monday called the latest release of the company’s experimental driver assistance software, FSD Beta 9.2, “actually not great” on Twitter. Specifically, Musk wrote: “FSD
In this article AAPL This photo, taken in March 2019, shows Apple’s headquarters in Cupertino, California. felixmizioznikov | iStock Editorial | Getty Images Apple staff won’t be returning to the office until January, amid fears over surging coronavirus cases, CNBC has confirmed. News of the delay was first reported by Bloomberg. The company has told
In this article LTC.CM= ETH.CM= BCH.CM= BTC.CM= PYPL PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting this week. It marks the the first
Satya Nadella, chief executive officer of Microsoft Corp., speaks during an Economic Club of New York event in New York, U.S., on Wednesday, Feb. 7, 2018. Nadella discussed the responsibility tech companies need to take over the future of artificial intelligence. Mark Kauzlarich | Bloomberg | Getty Images Personal computers with Windows have made sounds
Crypto trader and vlogger Farhan Hotak traveling to the Shah Wali Kot District in Afghanistan. Farhan Hotak isn’t your typical 22 year-old Afghan. In the last week, he helped his family of ten flee the province of Zabul in southern Afghanistan and travel 97 miles to a city on the Pakistani border. But unlike others
David Lidstone, an off-the-grid New Hampshire hermit known to locals as “River Dave,” doffs his hat after speaking to media outside Merrimack County Superior Court after a status conference hearing, Wednesday, Aug. 11, 2021, in Concord, N.H. Elise Amendola | AP Palantir CEO Alexander Karp has donated $180,000 to a New Hampshire hermit who has
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Jeff Bezos flew to space late last month, but his company has lost top talent since the billionaire space founder came
The OnlyFans logo displayed on a laptop. Gabby Jones | Bloomberg | Getty Images OnlyFans is banning the one thing most users go to its site for: pornography. The U.K.-based content subscription service said Thursday it would no longer allow “sexually explicit” content, starting from Oct. 1. OnlyFans said the decision was taken to comply
In this article UWMC Tony Andrews | Twenty20 Starting later this year, U.S. homebuyers will have the option to pay for their mortgage in bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans this week to accept cryptocurrency for home loans, in what is
In this article TSLA A Tesla Model S car is displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Some Tesla customers in Florida and California have experienced delivery delays of weeks or months, forcing them to rely on borrowed cars,
Global adoption of cryptocurrency has taken off in the last year, up 881%, with Vietnam, India and Pakistan firmly in the lead, according to new data from Chainalysis. It is the second year the blockchain data firm has released its Global Crypto Adoption Index, which ranks 154 countries according to metrics such as peer-to-peer exchange
In this article GOOGL Google Pixel 5a Google Google on Tuesday announced the Pixel 5a, a new budget Pixel phone that shows the company is continuing to dedicate resources to building fresh hardware across a range of prices. The Pixel 5a costs $449 and will launch on Aug. 26. Google is slowly ramping up its
In this article PLTR Alexander Karp, CEO of Palantir Technologies Inc. Getty Images While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company
In this article FB Taliban fighters with a vehicle on a highway in Afghanistan. Saibal Das | The India Today Group | Getty Images Facebook has banned the Taliban and any content that promotes it from the main Facebook platform, Instagram and WhatsApp. The social media giant told CNBC Tuesday that it considers the Afghan
In this article TSLA Federal vehicle safety regulators launched a formal investigation into Tesla‘s Autopilot system following a series of crashes that have left at least 17 people injured and 1 dead, according to documents posted to the National Highway Traffic Safety Administration on Monday. Autopilot is Tesla’s limited self-driving feature that still requires a
Cynthia DiBartolo, CEO, Tigress Financial Partners, at the New York Stock Exchange. Source: NYSE Robinhood’s highly anticipated IPO last month was led by Wall Street heavy hitters Goldman Sachs and JPMorgan Chase. But the extensive list of underwriters also included boutique minority-owned firms Ramirez & Co. and Siebert Williams Shank. Of the 17 firms that
Dan Elitzer and Jeremy Rubin rolled out the “MIT Bitcoin Project” in 2014. Christopher A. Maynor Jeremy Rubin was a sophomore studying computer science and electrical engineering when he decided that he wanted to give every undergraduate student at the Massachusetts Institute of Technology $100 worth of bitcoin. Seven months later – armed with half
Kevin Paffrath, Kevin Paffrath smiles for a selfie in front of the California State Capitol in Sacramento on Friday, July 16, 2021. Kevin Paffrath via AP Last year at this time, Kevin Paffrath was focused on his YouTube channel, where his half-million-plus followers could tune in for daily commentary on housing, stocks and stimulus checks.
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