In this article SHOP-CA UPS FDX AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dave Clark (L) and Ryan Petersen (R) Getty Images On Sept. 13, Flexport founder Ryan Petersen took the stage at North America’s premier supply chain conference in Phoenix. It was exactly a week after he’d forced out his hand-picked successor as CEO,
Technology
FTX’s multibillion-dollar cryptocurrency blowup hasn’t destroyed all faith in the industry. In a new documentary premiering Monday, FTX customers, insiders and investors tell CNBC that despite not receiving a single dollar worth of cryptocurrency back, they’re optimistic on the industry and plan to keep investing. Evan Luthra, an app developer, entrepreneur and angel investor, told
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Sheldon Cooper | Lightrocket | Getty Images Amazon customer service representatives this weekend have been handling a wave of inquiries from customers who received suspicious and confusing email confirmations about gift card purchases they had not made. Customers on social media said they were sent
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT 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 said on Saturday that it will issue a software update
In this article AAPL META Follow your favorite stocksCREATE FREE ACCOUNT Andrew Bosworth, Chief Technology Officer of Facebook, speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images At Meta’s annual Connect conference this week focused on virtual reality and the metaverse,
U.S. President Joe Biden delivers remarks prior to signing an executive order on “promoting competition in the American economy” during an event in the State Dining Room at the White House in Washington U.S., July 9, 2021. Evelyn Hockstein | Reuters Joe Biden has positioned himself as a pro-competition president, delighting progressives by installing their
Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court on Friday said it will decide whether it’s constitutional for Texas and Florida to prevent social media companies from banning users over potentially harmful rhetoric. The states have both passed legislation that many Republican lawmakers say will stop tech companies like Facebook parent Meta,
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images The U.S. Equal Employment Opportunity Commission (EEOC) has sued Tesla accusing Elon Musk’s electric car maker of violating “federal law by
In this article Follow your favorite stocksCREATE FREE ACCOUNT VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast‘s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst.
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images Indonesia’s ministry of trade said Tuesday it is working to further regulate e-commerce, adding that the country does not allow transactions on social media platforms. “One of the things that is regulated is that the government only allows
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images The Federal Trade Commission has filed its long-anticipated antitrust
Secondhand goods marketplace Carousell expects to “healthily” reduce its losses this year, putting it on track to profitability, the firm’s CEO told CNBC. “This year, we continue to expect revenue to grow healthily. And I think in a very promising sign, we actually are going to be healthily reducing our losses this year as well,”
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Kif Leswing/CNBC Apple’s iPhone 15 Pro and iPhone 15 Pro Max have a new frame design, which could make repairing the devices’ screens or swaps of their batteries easier, according to a teardown analysis by iFixit, a parts vendor and gadget-repair advocate. However, iFixit gives
Alain Jocard | AFP | Getty Images E-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company. Anthropic was founded roughly two years ago by former OpenAI research executives, and recently debuted its new AI chatbot called Claude 2. The two
Yuichiro Chino | Moment | Getty Images Tokenizing real-world assets on a blockchain is one of the buzziest topics of the year, and this time it isn’t just coming from financial incumbents like Citi, JPMorgan and Northern Trust, it’s coming from crypto native players, too. The initial hype around tokenization using blockchains began around 2015
In this article BRDS Follow your favorite stocksCREATE FREE ACCOUNT Woman rides a Bird e-scooter in southern California. Bird, a provider of electric scooters that consumers can rent in cities, said the New York Stock Exchange will suspend trading of its stock after the company failed to keep its market capitalization above $15 million for
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT 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
Ethereum founder Vitalik Buterin in Prague. 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 places he won’t go keeps growing. “There’s definitely a bunch of countries that I would
In this article DOCN MDB DDOG Follow your favorite stocksCREATE FREE ACCOUNT 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
In this article Follow your favorite stocksCREATE FREE ACCOUNT 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
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT 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
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
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
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Portrait of Lina Khan, the author of the Yale Law Journal article, “Amazon’s Antitrust Paradox” which has been read much more than any other law article. Khan was photographed at her home in Larchmont, New York on July 7th, 2017. The Washington Post | The
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT 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”
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,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook (L) looks at brand new Apple products during an Apple event on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images Apple released iOS 17 for iPhones on Monday. It’s Apple’s biggest software update of the year, and is
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Usually when a person or company sells something, the
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly
A shopper prepares fill his cart at a Giant supermarket in Washington, DC, April 6, 2020. Evelyn Hockstein/The Washington Post via Getty Images) Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment in grocery delivery company Instacart, a deal that
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Andrew Caballero-Reynolds | AFP | Getty Images WASHINGTON — Three Democratic members of the Senate Armed Services Committee have asked the Pentagon for information about
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