In this article BABA A Deeproute.ai robotaxi on display. Deeproute.ai GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The Shenzhen-based start-up makes the self-driving systems for vehicles that involve hardware and software. DeepRoute.ai runs a fleet of autonomous taxis with some operated by its partners
Technology
In this article CRM Marc Benioff, Chairman and CEO of Salesforce.com speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Salesforce told thousands of employees in a Slack message on Friday that if they and their families are concerned about the ability to access reproductive care in the
In this article AAPL 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 prevailed on nine of 10 counts in its trial against Epic Games on Friday, but federal Judge Yvonne Gonzalez Rogers issued
Judge Yvonne Gonzalez Rogers handed down a decision in a closely-watched trial between Apple and Epic Games on Friday. Rogers issued an injunction that said that Apple will no longer be allowed to prohibit developers from providing links or other communications that direct users away from Apple in-app purchasing, of which it takes 15% to
In this article AMZN Dallas Cowboys wide receiver Brandon Smith during the game between the Dallas Cowboys and the Jacksonville Jaguars Matthew Pearce | Icon Sportswire | Getty Images Amazon is in talks to acquire the rights for the National Football League’s “Sunday Ticket” package and is seen as the front-runner by others involved in
In this article GS GSBD Justin Chin | Bloomberg | Getty Images Hedge fund participation in private deals that typically involve venture capital and private equity firms has grown “enormously” in recent years as fund managers look to try to boost their returns, according to a report from the Goldman Sachs sales and trading desk.
Getty Images Amazon said Thursday it will offer to pay 100% of college tuition for its 750,000 U.S. hourly employees. The e-commerce giant is following the lead of other large U.S. companies who are dangling perks like education benefits or more pay to woo workers in a tight job market. Starting in January 2022, Amazon
Prosecutors called Theranos founder and CEO Elizabeth Holmes a liar and a cheat on Wednesday while her attorneys argued that the company’s failure was not a crime. “Out of time, out of money, Elizabeth Holmes decided to lie,” Robert Leach, an assistant U.S. attorney, said while laying out the case that Theranos ran out of
In this article F AAPL Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced
In this article DIS Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images Hulu confirmed Tuesday it’s raising prices for its on-demand plans, following $1 price hikes by its sister services Disney+ and ESPN+. Hulu’s most-popular plan, the ad-supported option, will cost $6.99 per month, up a dollar. Its ad-free version will cost
In this article BTC.CB= A Chivo Bitcoin automated teller machine (ATM) at the Multiplaza Mall in San Salvador, El Salvador, on Saturday, Aug. 28, 2021. El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the governments plan to make the
In this article AAPL AMZN BIDU FB Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple, Amazon, Facebook, Tesla and Baidu are all shunning
Rep. Scott Fitzgerald, R-Wis., is seen during a group photo with freshmen members of the House Republican Conference on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A Republican lawmaker is readying a bill that would require businesses subsidized by foreign governments to
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 In the past few weeks, Apple has made several changes to its App Store rules, allowing a larger number of companies to access a lower commission
In this article MMIT-GB Seventh grade Alabama teacher Sarah Wildes relies on a tool called Checkology to teach her students how to spot real news and misinformation. Courtesy of Sarah Wildes When Sarah Wildes, a seventh grade teacher in Alabama, was asked by a student about the mass confusion surrounding the results of the 2020
In this article .SPX MTCH The Match dating application is displayed on an Apple iPhone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500. As of Sept. 20 the online-dating company will replace
In this article MDB When IBM agreed to pay $34 billion for Red Hat in late 2018, the deal marked a watershed moment for open-source software, proving that companies could package free tools into highly valuable products. That purchase price may soon look like a quaint relic of the past. On Friday, MongoDB’s stock price
In this article BABA The front of Alibaba’s Wangjing office in Beijing on Dec. 24, 2020. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — Alibaba will invest 100 billion yuan ($15.5 billion) over the next few years into “common prosperity” initiatives, joining a chorus of technology giants pouring money into President Xi Jinping’s
Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016. Akio Kon | Bloomberg | Getty Images Spotify shares were up more than 6% on Thursday after Apple announced that it would relax App Store rules that the streamer
In this article TWTR Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday launched Super Follows, a feature that allows select users to