In this article TSLA Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings
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Former Cisco CEO John Chambers told CNBC on Monday he is discouraging the start-ups he’s invested in from operating in China, citing Beijing’s increasingly uncertain regulatory approach. “I’m encouraging my startups not to do business in China, or I’m not invested in Chinese start-ups at this time,” he said in a “TechCheck” interview. “It’s too unpredictable,” added
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Blue Origin founder Jeff Bezos on Monday offered to cover billions of dollars of
24K-Production | iStock Editorial | Getty Images The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently than losses on stocks and mutual funds, according to
The German Aerospace Center (DLR) is among space agencies working on automated and AI farming techniques for the coming era of interplanetary human colonies. DLR LONDON – A new law designed to regulate artificial intelligence in Europe could end up costing the EU economy 31 billion euros ($36 billion) over the next five years, according
China is beating the U.S. when it comes to innovation in online money, posing challenges to the U.S. dollar’s status as the de facto monetary reserve. Nearly 80 countries — including China and the U.S. — are in the process of developing a CBDC, or Central Bank Digital Currency. It’s a form of money that’s
Nicolas Economou/NurPhoto via Getty Images For Matthew Roed, Social Security is looking a lot less promising than the money he’s stashed away in his BitcoinIRA. Roed is a registered nurse living in Golden Valley, Minnesota, and he says he’s spent 16,000 hours researching all things bitcoin. His conclusion? Investing in the cryptocurrency is the key
In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned
In this article 6694.T-JP Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company announced it’s IPO priced at $36 per share, at an estimated
This June was the hottest in American history. The 116-degree heat melted power cables in Portland, Oregon, and smashed previous temperature records. Seattle recorded an all-time high of 108 degrees, as did the Canadian province of British Columbia, at a whopping 121 degrees. As the world warms, more people are installing air conditioning. Global energy
Photo illustration of Tencent Music Entertainment (TME) logo, a Chinese company that develops music streaming services. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images China’s antitrust regulator ordered Tencent to give up its exclusive music licensing rights with international record labels and slapped a fine on the company, as Beijing continues to crack
Tesla Supercharger Station CNBC | Andrew Evers Tesla CEO Elon Musk said Tuesday that the company’s network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Responding to a Tesla fan on Twitter, where Musk commands a following of
Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce Committee | Handout | via Reuters Social media giants should be
Elon Musk is famous for electric vehicles, reusable rockets, and satellites that can beam down high-speed internet to the most remote regions of the planet. But in 2016, he set his sights lower. The idea was to create a company that would solve traffic by building a system of underground tunnels. Musk founded The Boring
In this article AAPL An aerial view of the new Apple headquarters on April 28, 2017 in Cupertino, California. Getty Images Apple will delay a return to office by at least a month, rolling back its initial plan to bring workers in three days a week starting in September, Bloomberg reported. The report will push
Jeff Bezos said Blue Origin’s first crewed spaceflight on Tuesday represented one step toward the company’s mission of expanding to a point where people live and work in space. “This is a tiny little step of what Blue Origin is going to do. What we’re really trying to do is build reusable space vehicles. It’s
US President Joe Biden walks to Marine One on the South Lawn of the White House July 16, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images Facebook on Saturday refuted remarks made by President Joe Biden that social media platforms are “killing people” by allowing coronavirus vaccine misinformation on their services and argued
Well before China decided to kick out all of its bitcoin miners, they were already leaving in droves, and new data from Cambridge University shows they were likely headed to the United States. The U.S. has fast become the new darling of the bitcoin mining world. It is the second-biggest mining destination on the planet,
In this article AAPL AMZN The Amazon shopping app in the Google Play Store on an Android smartphone. Christoph Dernbach | picture alliance | Getty Images Apple has removed Fakespot, a well-known app for detecting fake product reviews, from its App Store after Amazon complained the app provided misleading information and potential security risks. Fakespot’s
In this article TSLA Acquco t-shirt for Tesla giveaway Acquco Start-ups are raising hundreds of millions of dollars to acquire the top independent sellers on the Amazon Marketplace, creating a gold rush to “roll up” these mostly small businesses into larger entities that have better resources and can pour money into growth. Competition to acquire