Chamath Palihapitiya Olivia Michael | CNBC Tech investor Chamath Palihapitiya, who said two years ago that bitcoin has replaced gold and predicted the digital currency would climb to $200,000, has a much more cautious view on cryptocurrencies these days. “Crypto is dead in America,” Palihapitiya said in the latest episode of the All-In podcast. Palihapitiya
Technology
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook during WWDC 2022 Event Source: Apple Apple’s virtual reality headset will run with hundreds of thousands of iPad apps and take an all-encompassing approach to features, according to Bloomberg. In a bid to entice both developers and consumers, Apple has included gaming, fitness,
Dado Ruvic | Reuters LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according to a top venture capitalist. Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by “utterly irresponsible” practices by Silicon Valley Bank and its
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Theo Wargo | Wireimage | Getty Images A rough week for Elon Musk was capped on Friday when institutional shareholders in Tesla admonished the company’s board of directors to rein in an “over-committed” CEO Elon Musk in an open letter made public on Friday. The
Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images Alphabet CEO Sundar Pichai received $226 million in total compensation in 2022, most of which came through stock awards, according to a securities report filed by the company on Friday. Pichai was awarded $218 million in equities last year through a triennial stock grant.
In this article AVAV BA.-GB GM P911-DE MBG-DE AMPX Follow your favorite stocksCREATE FREE ACCOUNT Lithium-ion battery performance has hit a plateau in recent years, but a breakthrough in technology promises new heights are soon to be in sight. Batteries made with silicon instead of graphite — the commonly used material in battery anodes today
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday, Jan. 28, 2020. David Paul Morris | Bloomberg | Getty Images Alphabet is merging an internal Google research team called Brain with DeepMind,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Reusable shopping bag with logo at Whole Foods Market grocery store in Dublin, California. Smith Collection/Gado | Archive Photos | Getty Images Amazon‘s Whole Foods is letting go some corporate employees as part of a planned reorganization of select teams, and as its parent company
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple’s first physical retail store is located in the populous city of Mumbai. Punit Paranjpe | Afp | Getty Images For years, Tim Cook has been bullish on India. Now, he’s betting big on the South Asian giant as Apple shifts its focus away from
Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla is scheduled to report first-quarter earnings for 2023 after the close of trading on Wednesday.
If the launch of SpaceX’s 100-passenger Starship on Thursday succeeds, it will radically change the relationship between life and space. Why? for the price of one NASA Artemis Moon Rocket launch, you could launch 2,000 Starships for the price of one Artemis Moon Rocket launch carrying three passengers to the moon, you could launch
In this article AAPL GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs Group Inc., during an event on the sidelines on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images Goldman Sachs CEO David
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Rick Osterloh, senior vice president of devices and services at Google Bloomberg | Bloomberg | Getty Images Google will launch its first foldable smartphone sometime in June, challenging Samsung’s market-leading foldable phone business, according to internal communications viewed by CNBC. It plans to announce the
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google and Alphabet CEO Sundar Pichai said “every product of every company” will be impacted by the quick development of
In this article AAPL GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Kif Leswing/CNBC Apple now offers a savings account administered through its iPhone app that allows users to accrue over 4% interest. Setting up the savings account is straightforward, although users are required to have an active Apple Card. Accounts are administered by Goldman
A model of Angry Birds character ‘Red’ sits on display inside the reception area of the Rovio Entertainment Oy headquarters in Espoo, Finland, on Thursday, Feb. 28, 2019. Bloomberg | Bloomberg | Getty Images Japanese gaming giant Sega announced Monday it has made a 706 million euro ($776 million) offer for the maker of the
In this article VORB SPCE ASTR Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit started as a program of Richard Branson’s Virgin Galactic in 2012, before being spun off into a separate company five years later. In the private space race, Virgin Orbit contended its method of launching its rockets — known as “air launch”
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., announces the EGX Edge Supercomputing Platform during the company’s event at Mobile World Congress Americas in Los Angeles, California, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia’s most-advanced graphics cards are
In this article WMT AMZN Follow your favorite stocksCREATE FREE ACCOUNT For years, Amazon warehouse staffers have complained about unsafe working conditions and the injury risks they face when rushing to fill packages and get them to customers in two days or less. While Amazon claims its injury rate is coming down, facility-level data released
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