Technology

James Bond wears Tom Ford’s knitted sleeve bomber jacket Courtesy of Sony Amazon said that it will acquire MGM Studios for $8.45 billion, marking its boldest move yet into the entertainment industry and turbocharging its streaming ambitions. The deal is the second-largest acquisition in Amazon’s history, behind its $13.7 billion purchase of Whole Foods in

In this article TSLA The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters Tesla announced Tuesday that it is ditching radar for its driver-assistance features like Autopilot. In a blog post entitled “Transitioning to Tesla Vision,” the company said its

In the ninth annual Disruptor 50 list, CNBC highlights the private companies leading out of the pandemic with business models and growth rates aligned with a rapid pace of technological change.  Investors have taken notice that the companies on the 2021 Disruptor 50 list have become critical players in fundamental economic and consumer transformations. A

Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM Amazon is nearing a deal to acquire MGM Studios, the co-owner of the “James Bond” franchise and other TV and film series, for between $8.5 billion and $9 billion, according to people familiar with the matter. The deal is expected to be

A visual representation of digital currencies. Yuriko Nakao | Getty Images The crypto market edged higher Monday after a week of hell during which billions of dollars were wiped off the value of bitcoin and ether. The price of Bitcoin edged upwards towards $37,000 on Monday after plummeting to less than $32,000 on Sunday. Bitcoin

In this article WBA Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Money may buy happiness but in the case of former Theranos CEO Elizabeth

In this article DRH Signage for the AT&T Inc. WarnerMedia HBO Max streaming service is displayed on a smartphone in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, May 28, 2020. Gabby Jones | Bloomberg | Getty Images During its annual upfront presentation to advertisers this week, Fox ran

In this article MTCH BMBL Dating apps are creating badges displaying vaccination status and offering vaccinated Americans free premium benefits. Tinder The largest dating apps in the U.S. are banding together in support of Covid-19 vaccines, in the hopes that it’ll be a hot vax summer. For the uninitiated, hot vax summer plays on the

A picture taken on June 9, 2016 shows Amazon warehouse in Paris, part of the new service ‘Prime Now’. Eric Piermont | AFP | Getty Images Amazon is shutting down its standalone Prime Now platforms and directing users who want fast delivery on groceries and other goods to order them through the Amazon app or

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 CEO Tim Cook faced sharp questioning on Friday from Judge Yvonne Gonzalez Rogers about Apple’s App Store business model at the end of his testimony

In this article BTC.CM= A Bitcoin sign is seen at the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey. Chris McGrath | Getty Images Bitcoin’s price hovered above the $40,000 level on Friday, as a comeback for the world’s top cryptocurrency was checked by worries around regulation. The digital coin

In this article GOOGL California Governor Gavin Newsom speaks at the opening of the country’s first federal and state operated community vaccination site during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, February 16, 2021. Mike Blake | Reuters California Governor Gavin Newsom pointed to a recent flood of tech IPOs and

A customer uses a bitcoin automated teller machine (ATM) in a kiosk Barcelona, Spain, on Tuesday, Feb. 23, 2021. Angel Garcia | Bloomberg | Getty Images Bitcoin fluctuated between gains and losses Thursday, as the world’s largest cryptocurrency struggled to recover from a major sell-off during the previous session. The digital currency initially climbed Thursday

Craig Federighi, Senior Vice President Software Engineering speaks during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. Stephen Lam | Reuters Apple’s head of software, Craig Federighi, said in court on Wednesday that Apple is not pleased with the amount of harmful software, or malware, on its operating

In this article BTC.BS=-USS In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin fell sharply on Tuesday continuing a major sell-off that began a week ago. The digital currency fell

In this article AMZN T Liberty Media’s John Malone Michael Kovac | Getty Images Long-time employees of WarnerMedia have been through so many spinoffs and mergers that Monday’s announcement of its impending separation from AT&T and combination with Discovery amounted to gallows humor. “You just have to laugh,” said one veteran employee. Given that context,

A man riding a Lime e-scooter in Berlin, Germany on June 21, 2019. Thomas Trutschel | Photothek via Getty Images LONDON — Starting from June 7, Londoners will officially be allowed to whizz around on an electric kick scooter. City transport regulators said Tuesday that a handful of e-scooter rental firms had been selected to

In this article CMCSA VIAC Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, reacts as she celebrates her company’s merger at the Nasdaq Market site in New York, December 5, 2019. Brendan McDermid | Reuters In the words of the great Tom Lehrer, “Who’s Next?“ Now that AT&T has decided to separate WarnerMedia

Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters AT&T is in advanced talks to merge WarnerMedia with Discovery in a deal that will strengthen the combined company against rival media giants Netflix and Disney, according to people familiar with the matter. A deal could be announced as soon

In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020. Andrew Harrer | Bloomberg | Getty Images Tesla CEO Elon Musk implied in a Twitter exchange Sunday afternoon that the electric