The No. 1-ranked payments analyst thinks Visa and MasterCard will hold their own amid the “real” rise of bitcoin. “The reality is consumer payments, which is where Visa and MasterCard play, is extraordinarily efficient today,” Lisa Ellis, senior analyst at Bernstein, said Thursday on CNBC’s “Closing Bell.” Ellis is ranked top payments analyst by Institutional […]
Read moreRose McGowan is going after Amazon CEO Jeff Bezos for allegedly ignoring her warnings about Harvey Weinstein. In a series of tweets Thursday, McGowan attacked Bezos and his company for failing to hear her early claims about being “raped” by Weinstein and for “funding rapists, alleged pedos and sexual harassers.” McGowan was one of the […]
Read moreConfidence in future gains for bitcoin remained high Thursday, even after the digital currency added nearly $400 in one day to hit a record. The fact that bitcoin was able to hit an all-time high just weeks after a slew of negative news “signals to investors and traders that bitcoin is ‘unkillable,’ or at least […]
Read moreTesla Inc. is recalling 11,000 Model X SUVs worldwide because their rear seats might not lock into place. The recall involves vehicles with fold-flat second row seats made between Oct. 28, 2016, and Aug. 16, 2017. Tesla believes only about 3 percent of the recalled vehicles have the issue. Tesla says some cables in the […]
Read moreElon Musk is making rocket launches mundane and that could be worth tens of billions of dollars. SpaceX could become a $50 billion juggernaut through its launch of a satellite broadband network, a team of Morgan Stanley analysts wrote in a report Thursday. The private space company on Wednesday launched its 15th rocket this year, […]
Read moreFormer Microsoft exec Steven Sinofsky knows what Facebook is going through. He was at the giant when it was the undisputed leader of the tech industry, and when sentiment turned against the company and everybody — from federal regulators to competitors to the press — was attacking it. Now Facebook is going through a similar […]
Read moreLet’s be honest, movie theaters are constantly having to think up new ways to bring in audiences. With the Internet, television and streaming video on demand in their space, movie industry players have many new and nimble competitors threatening their business. So, what’s the movie industry to do as it struggles to give audiences something […]
Read moreParents of young drivers may finally be able to rest easy when their kids are out on the road. Derive Systems, an automotive technology company, is soon unveiling a new device called Derive Teenage Driver. The device comes in the form of a dongle and plugs into your car’s diagnostics port. Features include limiting your […]
Read moreSpaceX launched its 15th rocket this year on Wednesday, the National Space Council met last week for the first time in nearly a quarter-century and satellites the size of shoeboxes are vaulting into orbit. The cost of space access is plummeting. Morgan Stanley estimates the space industry, worth about $350 billion today, will grow into […]
Read moreGeneral Motors said Thursday it named Pamela Fletcher as its new vice president of electric vehicle programs, as it works to ramp up its efforts in this area. The largest U.S. carmaker by sales recently unveiled plans to launch more than 20 all-electric vehicles globally by 2023. Fletcher, who has been in leadership roles at […]
Read more