Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty Images Companies and industries have ups and downs. The legacy media industry is in a valley. The first half of 2023 has been a colossal disappointment
Technology
Leah Ellis and Yet-Ming Chiang Photo courtesy The Engine While Leah Ellis was earning her doctorate at Dalhousie University in Nova Scotia, she was part of a team that did battery research for Tesla. After she graduated, her budding career took an unusual turn. “I could have gotten an easier job with my background in battery
SAN FRANCISCO, CALIFORNIA – JUNE 23: XBOX CEO Phil Spencer arrives at federal court on June 23, 2023 in San Francisco, California. Top executives from Microsoft and Activision/Blizzard will be testifying during a five day hearing against the FTC to determine the fate of a $68.7B merger of the two companies. (Photo by Justin Sullivan/Getty
Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast. Wolfgang Rattay | Reuters Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last years. The company, born from the spinoff of the
Artificial intelligence algorithms are increasingly being used in financial services — but they come with some serious risks around discrimination. Sadik Demiroz | Photodisc | Getty Images AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black people and minorities, to applications of voice recognition
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Web Services CEO Adam Selipsky speaks at the CERAWeek by S&P Global conference in Houston on March 7, 2023. F. Carter Smith | Bloomberg | Getty Images Amazon’s cloud unit said Thursday that it’s allocating $100 million for a center to help companies use
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. (Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images) Alain Jocard |
In this article INTC 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Brandon Bell | Getty Images A security researcher who uses the handle “@GreentheOnly” has discovered a secret setting in Tesla vehicles that can be enabled by the
Sue Gordon, former principal deputy director for the Office of the Director of National Intelligence, and Matt Olsen, Uber’s chief trust and security officer and former director of the National Counterterrorism Center, during a panel discussion at CNBC ‘s @Work conference in San Francisco, Nov. 4, 2019. Arun Nevader | CNBC The U.S. Department of
Samio, 8, and his father, pour water on each other to cool off while playing in cooling mist near the Unisphere in Flushing Meadows Corona Park as temperatures reach above 90 degrees on August 12, 2021 in the Queens Borough of New York City. New York City is experiencing a heat wave with a heat
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Six years ago, Amazon kicked off a sweepstakes-style contest in search of where to build a second headquarters. The competition drew bids from 238 states, provinces and cities vying to be the next anchor for the nation’s dominant online retailer and second-largest private employer. This
Singapore’s Marina Bay waterfront. Nicky Loh | Bloomberg | Getty Images As governments deliberate on whether artificial intelligence poses risks or dangers and whether it needs regulating, Singapore is taking more of a wait-and-see approach. “We are currently not looking at regulating AI,” Lee Wan Sie, director for trusted AI and data at Singapore’s Infocomm
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT The Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. On Sunday, the Ohio Department of Health reported a total of 298,096 cases in Ohio since the pandemic began, leading to 5,722 deaths and 22,265 hospitalizations. Photographer: Dustin Franz/Bloomberg via Getty Images Bloomberg
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon’s head of worldwide consumer Jeff Wilke unveiled its latest delivery drone at the re:MARS conference in Las Vegas on June 5, 2019. Amazon Amazon doesn’t plan to host its re:MARS conference on cutting-edge technologies like robotics and space this year, the company confirmed on
In this article GM F TSLA Follow your favorite stocksCREATE FREE ACCOUNT Interest in electric vehicles is at an all-time high, with sales of new EVs up 55% in 2022 compared with the year prior. But there are still a lot of gas cars on the roads today, and it’s likely there will be for
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Tesla CEO Elon Musk
Budrul Chukrut | Lightrocket | Getty Images At midnight on Tuesday, the moderators of the Reddit community r/Gaming decided to go dark. Dac Croach, who goes by username Dacvak, and the subreddit’s other leaders hit the private button, initiating a 48-hour shutdown for the group’s more than 37 million members, along with anyone else who
In this article ETL-FR Follow your favorite stocksCREATE FREE ACCOUNT PARIS — Eutelsat is one of the biggest satellite companies in the world, but has faced declining revenue in its traditional businesses at a time when it is handling a huge acquisition and facing disruption from billionaires Elon Musk and Jeff Bezos. Eutelsat CEO Eva
Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Twitter suspended the accounts of Plainsite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. Plainsite is an online database that makes state and federal court filings and other public records available
Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Sopa Images | Lightrocket | Getty Images LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company’s CEO told CNBC.
Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that’s changing,
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google’s mixed messaging when it comes to its return-to-office plans has been a subject of consternation
In this article AMD NVDA Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images AMD said on Tuesday its most-advanced GPU for artificial
Women fill water from a municipal tank on May 26, 2023 in the Peth Taluka village in India. Ritesh Shukla | Getty Images News | Getty Images Water scarcity is seen as the most significant and potentially most impactful component of the wider climate crisis, and researchers say that large Asian economies like India and
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook greets attendees during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple stock rose more than 1.5% on Monday to close at $183.79 per share, which is the
In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio co-founder William Li poses inside a Nio EC7 at the Shanghai auto show on April 19, 2023. Hector Retamal | Afp | Getty Images BEIJING — Chinese electric car brand Nio said Monday it is cutting prices for its cars by the equivalent of
Darby Dunn, the Vice President of operations at Commonwealth Fusion Systems. Photo courtesy Commonwealth Fusion Systems From March 2009 to December 2018, Darby Dunn held a handful of engineering and production roles at SpaceX. “In one role in particular, my unofficial title was ‘Mother of Dragons,'” Dunn told CNBC in an interview in Devens, Massachusetts.
Fintech executives descend on Amsterdam for the annual Money2020 conference. MacKenzie Sigalos AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and industry insiders were abuzz with talk about embedded finance, open banking, and banking-as-a-service. As nebulous as these terms may be, they reflected a
Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on Oversight of the U.S. Securities and Exchange Commission on Tuesday, Sept. 14, 2021. Bill Clark | CQ-Roll Call, Inc. | Getty Images SEC Chair Gary Gensler stepped up
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix sign in page displayed on a laptop sscreen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2023. Jakub Porzycki | Nurphoto | Getty Images The Netflix crackdown on password sharing is
In this article AAPL DGX Follow your favorite stocksCREATE FREE ACCOUNT Apple Vision Pro Source: Apple Apple‘s new Vision Pro headset has sparked a resurgence of interest in head-worn computers that immerse users in a virtual world. Engineers have been dreaming about virtual reality since 1968 when a professor at the University of Utah built
Palantir headquarters in Palo Alto, California, US, on Wednesday, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Palantir’s boss Alex Karp opposes the idea of a pause in artificial intelligence research, in contrast to an open letter from the Future of Life Institute signed by some of the biggest names in the
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