In this article BA AIR-FR Reliable Robots and Xwing are two Bay Area start-ups working on planes that can fly themselves — no pilot required. Rather than building new aircraft, both companies have retrofitted Cessna Grand Caravans. The planes can fly autonomously while a remote operator monitors the flight, taking control if needed. Both companies
Technology
Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Marqeta has become one of the hottest businesses in digital commerce, even though few consumers have ever heard of it. Its name is about to become much more familiar. On Friday, the company filed to go public
People wear protective face masks outside Salesforce Tower in New York City. Noam Galai | Getty Images Cloudera exited its downtown San Francisco office early last year with plans to sublease the space and move its employees south to the software company’s Silicon Valley headquarters. But the pandemic left the company with nobody to take
In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney seems to have picked up a bit of Netflix-itis. Just as Netflix added fewer than 4 million global subscribers
In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney is set to report fiscal second-quarter earnings after the bell on Thursday. Here are the key numbers: Earnings per
In this article TSLA Tesla CEO Elon Musk said Wednesday on Twitter that Tesla has “suspended vehicle purchases using Bitcoin,” out of concern over “rapidly increasing use of fossil fuels for Bitcoin mining.” In an SEC filing in February, Tesla revealed that it bought $1.5 billion worth of Bitcoin and it may invest in more
The hacker group DarkSide claimed on Wednesday to have attacked three more companies, despite the global outcry over its attack on Colonial Pipeline this week, which has caused shortages of gasoline and panic buying on the East Coast of the U.S. Over the past 24 hours, the group posted the names of three new companies
In this article 3690-HK A Meituan food delivery worker on motorcycle in the rain in Futian Central Business District, Shenzhen, China. FroggyFrogg | iStock Editorial | Getty Images GUANGZHOU, China — Meituan has seen around $38.96 billion wiped off its value in the past two weeks as Beijing turns its regulatory scrutiny on the Chinese
People stand in front a banner displaying Palantir Technologies Inc. signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE) in New York, Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Palantir, a software company that offers analytics tools to the defense industry and large corporations,
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last year’s best performers. While the Dow Jones Industrial Average is trading just below a record, an index of cloud-computing companies slid to its lowest level in six months.
In this article TSLA A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York. Lucas Jackson | Reuters The National Transportation Safety Board, a federal vehicle safety watchdog, has released records from a preliminary investigation into a fatal Tesla crash that took place in Spring, Texas, in April.
In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the
Banjo Ben Clark Zoe Weaver As an aspiring mandolin player, I’ve spent years looking up YouTube videos to learn various bluegrass licks, frequently landing on lessons from a guy who goes by Banjo Ben. In the early days of the pandemic, as we were all searching for ways to stay productive and sane while stuck
In this article DOGE.CM= Pictured: (l-r) Musical guest Miley Cyrus, host Elon Musk, and Cecily Strong during Promos in Studio 8H on Thursday, May 6, 2021. NBC | NBCUniversal | Getty Images As Elon Musk – the self-proclaimed “Dogefather” – made his “Saturday Night Live” debut, the price of dogecoin fell off a cliff. The
Jason Citron is the CEO of Discord, a chat app that has long been popular among gamers but is beginning to expand to other audiences. Courtesy of Discord Delilah, a college student, has been watching “The Bachelor” since she was 12, but she’s never known too many people in real life besides her mom who
In this article AMZN The Amazon fulfillment warehouse at the center of a unionization drive is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images News | Getty Images An Amazon employee died at the company’s Bessemer, Alabama, warehouse, the company confirmed to CNBC. The facility was the site of a
In this article BTC.CM= Bank of England Governor Andrew Bailey. Simon Dawson | Bloomberg via Getty Images LONDON — Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have
The Epyc 2nd generation chip, manufactured by Advanced Micro Devices Inc. (AMD) is arranged for a photograph during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019. David Paul Morris | Bloomberg | Getty Images The severity of the global chip shortage has gone up a notch over the last few
Gavin Newsom, center, smiles next to his wife Jennifer Newsom, left, and Senator Kamala Harris, during a rally in Burbank, California, last May. Patrick T. Fallon | Bloomberg | Getty Images For all the talk of a California exodus, the largest U.S. state is in the midst of an economic resurgence. When Covid-19 shut down
In this article FB Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Yasin Ozturk | Anadolu Agency | Getty Images In 1803, Supreme Court Chief Justice John Marshall was faced with an impossible
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