IT SEEMED, at first blush, to be a masterclass in how to bait a rival. For years, American Airlines, along with other big American carriers, has complained of “unfair” competition from Middle Eastern operators, which stand accused of taking state subsidies. On June 22nd one of those accused, Qatar Airways, said it planned to take […]
Read moreAmericans love a great comeback, so don’t discount the possibility that Uber’s Travis Kalanick may return in the future to once again lead the company he helped start, Walter Isaacson told CNBC on Friday. “It’s very hard right now to put Travis back in position. Then again, I’ve seen this movie before, which is what […]
Read moreTyra Banks learned the importance of standing out from the crowd as a teenage supermodel strutting the runway. “I really had a natural way of walking that was a little different, sometimes a little wacky, and I would notice people smiling,” says Banks who even got standing ovations in the midst of fashion shows. “I […]
Read moreBlackBerry shares dropped more than 10 percent on Friday morning — but those who follow the company know it’s “about to break out,” CEO John Chen told CNBC. “We will be doing acquisitions,” Chen told “Squawk Alley” on Friday. “If you follow the company for a while, you know that we are about to break […]
Read moreIn its eighth year, VidCon draws tens of thousands of fans, eager to meet their favorite content creators, which means it’s become ground zero for brands — from Disney and Nickelodeon, to Dove Chocolates and Taco Bell — to try to reach them. They’re setting up shop at the Anaheim, California, convention center and hanging […]
Read moreThere are many reasons for investors to buy chipmakers Nvidia and Advanced Micro Devices, but the recent rush for an indirect way to play skyrocketing cryptocurrencies bitcoin and ethereum should not be one of them, CNBC’s Jim Cramer said Friday. “One of the reasons why AMD and Nvidia have been going up is their chips […]
Read moreWestern technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found. Russian authorities are asking Western tech companies to allow them […]
Read moreChina‘s flagship One Belt, One Road infrastructure program has far from enough financing right now, representatives from Beijing said in New York last week. Chinese President Xi Jinping first announced in 2013 an ambitious initiative to build a network of infrastructure in underdeveloped regions south and west of China, similar to the ancient “Silk Road” […]
Read moreQualcomm is hoping that the entry-level smartphone market in China will help drive growth, according to statements made by Qualcomm president Derek Aberle on Friday. Qualcomm may be seeking new areas to sell its chips as it continues to fight several legal battles with Apple, which has stopped paying Qualcomm royalties. Apple believes Qualcomm is […]
Read moreEconomists polled by Reuters had forecast new home sales rising 5.7 percent in May to a pace of 600,000 units from the previously reported rate of 570,000 units. New U.S. single-family home sales rose in May and the drop in sales in the previous month was not as steep as previously reported, suggesting the housing […]
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