Facebook chief security officer Alex Stamos says in a leaked audio recording that the company’s cyber defense operations are run “like a college campus, almost” to satisfy the company’s internal culture of freedom to experiment, even though Facebook faces the same kinds of highly sophisticated attacks as a defense contractor. “The threats that we are […]
Read moreU.S. markets wobbled, European stocks stumbled overnight and yields on U.S. Treasury notes slid ahead of Asia’s Friday trading day. Most major U.S. indexes closed little changed following a Politico report that President Donald Trump favored Federal Reserve Governor Jerome Powell out of a pool of candidates being considered to succeed Fed Chair Janet Yellen. […]
Read moreEven the moonshots at Google have lobbyists. The search-and-advertising giant is the tech industry’s most active political spender. But as it seeks to spare its most audacious projects from prohibitive government regulations — big bets like internet-beaming balloons and energy-capturing kites — Google is hiring even more help in Washington, D.C.. Starting in September, the […]
Read moreCNBC’s Jim Cramer had a unique experience during the historic market crash of 1987 that occurred 30 years ago Thursday. “People always want to talk about Black Monday, 30 years ago today where the Dow lost 500 points, erasing more than 20 percent of the market’s value,” the “Mad Money” host said. “But as bad […]
Read moreOnline fashion seller Stitch Fix is concerned about Amazon as it marches towards an IPO. But not because of Amazon’s e-commerce dominance. Stitch Fix, which sends personalized boxes of apparel — or Fixes — to its customers, outsources much of its technology infrastructure to Amazon Web Services. When there’s an outage or slowdown, Stitch Fix’s […]
Read moreCNBC’s Jim Cramer had a unique experience during the historic market crash of 1987 that occurred 30 years ago Thursday. “People always want to talk about Black Monday, 30 years ago today where the Dow lost 500 points, erasing more than 20 percent of the market’s value,” the “Mad Money” host said. “But as bad […]
Read moreThe world is going mobile at a faster rate than most technology companies ever expected, Skyworks Solutions CEO Liam Griffin told CNBC on Thursday. “We never anticipated what mobile was going to do for this world, for this economy,” Griffin said in an exclusive interview with “Mad Money” host Jim Cramer. “So what’s happened, by […]
Read moreAs equities slid from their highs after a brief 100-basis-point dip in the Dow Jones industrial average on Thursday, CNBC’s Jim Cramer wanted to reinforce his sell-off strategy. “That’s when you need to be ready with the playbook,” the “Mad Money” host said. “That’s when you need to go over all your notes that were […]
Read moreThere’s no mistaking what Tesla thinks of Consumer Reports. After Consumer Reports’ auto team predicted Tesla’s new Model 3 would have “average reliability,” Tesla blasted the magazine. “Time and time again, our own data shows that Consumer Reports’ automotive reporting is consistently inaccurate and misleading to consumers,” the electric-car maker said. Tesla does have a […]
Read moreTiny Singapore’s leap from developing world to advanced economy within a single generation depended on a strong government hand in external relations, economic policies, citizens’ retirement savings and more — leading to a perception that the country is a “nanny state.” Even though Singapore is now a developed economy — the only country with that […]
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