Category: News

Ethereum co-founder Vitalik Buterin in Prague, where he finds refuge with like-minded programmers looking to change the world through cryptography-powered technology. CNBC PRAGUE — For Vitalik Buterin, the idea of home is fleeting. The Russia-born coder, who built ethereum in his late teens, doesn’t stay long in any one city anymore. Meanwhile, the list of […]

Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple Store in New York City on Sept. 22, 2023. Alexi Rosenfeld | Getty Images Apple CEO Tim Cook opened the company’s Fifth Avenue store Friday in New York to celebrate the official release of the […]

Olivier Pomel, co-founder and CEO of Datadog, speaks at the company’s Dash conference in San Francisco on Aug. 3, 2023. Datadog Albert Wang, a native Californian, moved to New York from Boston with his wife a decade ago and got a job as a product manager at Datadog, which at the time was a fledgling […]

A coalition of 25 state governors announced a major push to reach 20 million deployed heat pumps by 2030, they said in New York City on Thursday. That would represent a quadrupling of the 4.8 million heat pumps that were installed in the United States in 2020, according to a analysis of the announcement from […]

Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever. Splunk shares ended Thursday up 21%, while Cisco shares closed down 4%. Splunk’s technology helps businesses monitor and analyze their data to minimize the risk of hacks […]

Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the early results can’t be encouraging to any late-stage startups lingering on the sidelines. Chip designer Arm debuted last Thursday, followed by grocery delivery company Instacart […]

Microsoft Surface Laptop and Tablets Courtesy: Microsoft Microsoft on Thursday unveiled new Surface computers and shared details on the release of this year’s version of Windows 11, including its embedded Copilot AI assistant, during an event in New York. The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, and unveiled enterprise […]

Splunk logo displayed on a phone screen and a laptop keyboard are seen in this illustration photo taken in Krakow, Poland on October 30, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Cisco said it Thursday was acquiring cybersecurity software company Splunk for $157 a share in a […]

Visitors play the Warriors All-Stars video game in the Koei Tecmo Holdings booth during the Tokyo Game Show 2017 at Makuhari Messe on September 21, 2017 in Chiba, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images TOKYO — Video games are in focus with the Tokyo Game Show 2023 underway — but some […]

The Apple Watch Series 9, 45mm version, in aluminum with the new Snoopy watch face. Apple is releasing new Apple Watch models, called Series 9, on Friday. The new Apple Watches look nearly identical to older models. This year’s version comes in the same two display sizes as last year — 41mm and 45mm — […]

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s neurotech startup Neuralink will begin recruiting patients for its first in-human clinical trial, the company announced in a blog post. Neuralink said in the post Tuesday that its study, called the PRIME Study, is officially seeking patients since it received approval from an independent institutional review […]

Dave Limp, senior vice president of devices and services at Amazon.com Inc., speaks during the Amazon Devices and Services event at the HQ2 campus in Arlington, Virginia, on Sept. 20, 2023. Al Drago | Bloomberg | Getty Images Amazon introduced a “smarter and more conversational” version of its Alexa voice assistant that the company hopes […]

There are billions of tons and billions of dollars’ worth of critical minerals including nickel, copper, cobalt and manganese lying at the bottom of the seafloor. These metals are vital to electric vehicle batteries and the clean energy transition, and they are found in abundance in a patch of the Pacific Ocean known as the […]

Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Craig Hudson | Reuters A group of prominent U.S. authors, including Jonathan Franzen, John Grisham, George R.R. Martin and […]

The New York Stock Exchange welcomes executives and guests of Klaviyo, Inc. (NYSE: KVYO), on Weds, September 20, 2023, to celebrate its initial public offering. To honor the occasion, Andrew Bialecki, Co-Founder & Chief Executive Officer, and Ed Hallen, C Klaviyo shares jumped 23% to $36.75 in their New York Stock Exchange debut Wednesday after […]

Secretary-General Antonio Guterres remarks on Russian cancelation of Black Sea initiative to deliver grain and fertilizers to the world market during Security Council stakeout at UN Headquarters. Lev Radin | Lightrocket | Getty Images “Humanity has opened the gates to hell. Horrendous heat is having horrendous effects.” So said António Guterres, the secretary general of […]

A rendering of P2 Zips charging at a docking station. Zipline This week, drone delivery company Zipline was granted Federal Aviation Administration approval to fly drones beyond the visual line of sight. That’s a major milestone in efforts to extend the range of the domestic drone industry over U.S. airspace, and Zipline isn’t the only drone […]

As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and sell stocks, according to three people familiar with the plans. The project was shelved last year as the markets turned south, said the sources, who asked […]

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | Reuters ARK Invest CEO Cathie Wood said she did not participate in Arm‘s blockbuster initial public offering last week because she finds the […]

The howls will begin the minute the FTC’s lawsuit against Amazon hits the clerk’s desk. “The FTC hates business!” “Lina Khan is a communist!” “This government is controlled by the far left!” Of course that’s what most in the business community will say. It would be novel if they didn’t. But they’re wrong. I’m an […]

Naba Banerjee, Airbnb Source: Prashant Joshi | Airbnb Naba Banerjee is a proud party pooper.  As the person in charge of Airbnb’s worldwide ban on parties, she’s spent more than three years figuring out how to battle party “collusion” by users, flag “repeat party houses” and, most of all, design an anti-party AI system with […]

Sopa Images | Lightrocket | Getty Images Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery delivery company’s long-awaited IPO. The offering late Monday at $30 a share valued Instacart at about $10 billion on a fully diluted basis, down from a private market valuation of $39 billion […]

Bankrupt crypto exchange FTX is looking to claw back luxury property and “millions of dollars in fraudulently transferred and misappropriated funds” from the parents of Sam Bankman-Fried, the exchange’s disgraced ex-CEO and founder. In a Monday court filing, lawyers representing the bankruptcy estate of the failed exchange alleged that Allan Joseph Bankman and his wife, […]

A person walks past the headquarters of the Cable News Network (CNN) on November 17, 2022 in Atlanta, Georgia.  Brandon Bell | Getty Images When former CNN Chief Executive Officer Chris Licht started running the news organization last year, he had a mission from his boss, Warner Bros. Discovery CEO David Zaslav: change the network’s […]

Disney World celebrated its 50th anniversary in April 2022. Aaronp | Bauer-Griffin | GC Images | Getty Images Disney said in a securities filing Tuesday it will nearly double its planned investment to roughly $60 billion over the course of 10 years. Shares fell more than 3% in early trading. While the company is grappling […]

Kif Leswing/CNBC I’ve been testing Apple’s two new Pro iPhones for the past several days. They hit store shelves on Friday. The two Pro iPhones are significant year-over-year upgrades, with improvements to the camera, an improved physical body, and a new button. Most important for me, the high-end models are much lighter in weight and […]

A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023.  Aly Song | Reuters Apple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many would have hoped. But the biggest challenge of all, according to analysts, […]

Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Instacart, the grocery-delivery company that saw its business boom during the pandemic, priced its long-awaited IPO at $30 a share on Monday, […]

FBI Director Christopher Wray testifies during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images WASHINGTON, D.C. – FBI Director Christopher Wray said Monday that the federal government is relying more than ever on private sector support to […]

Elon Musk discussed his plans for Twitter, now called X, on Monday during a livestreamed conversation with Israeli Prime Minister Benjamin Netanyahu. Among other things, Musk said the social network is “moving to having a small monthly payment for use of the X system” in order to combat “vast armies of bots.” Musk did not […]