The U.S. Supreme Court decision to allow states to legalize sports betting is great news for investors in the sports and gambling industries, billionaire investor Mark Cuban told CNBC on Monday. “I think everyone who owns a top four professional sports team just basically saw the value of their team double,” the owner of the […]

Waymo is telling police in California exactly how to break into its autonomous cars in the event of an emergency, according to documents reviewed by tech news site IEEE Spectrum. Basically: Open the door or break a window if necessary. Look for the red indicator light associated with the electronic parking brake. Grab scissors and […]

The digital currency conferences this week in New York City present an attractive trading opportunity in AMD, according to J.P. Morgan. “Over the last three years, AMD has staged significant rallies following the blockchain technology summit, Consensus,” J.P. Morgan equity derivatives strategist Shawn Quigg wrote in a note to clients Monday. “We like the reward-risk […]

Tesla CEO Elon Musk Monday told employees the company plans to “flatten” its structure as it works to improve communication and trim activities “that are not vital” to its success. “To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company,” Musk said in a copy […]

Apple CEO Tim Cook‘s commencement speech to college graduates may have been a pitch to future employees on why his company is more trustworthy than Facebook, CNBC’s Jim Cramer said Monday. “One of the things that Apple is priding itself in, is they’re trying to get the best and the brightest,” said Cramer, whose charitable […]

U.S. technology companies generate roughly $100 billion to $150 billion in revenues from China annually, Jefferies analysts estimate. As a result, the Trump administration will likely pursue concessions from Beijing, rather than cut off all tech trade, analysts Edison Lee and Timothy Chau said in a note Monday. ” We continue to believe the US […]

Worth almost $133 billion, Jeff Bezos is currently the richest person in the world, according to Forbes. As the boss of both the e-commerce behemoth Amazon and the aerospace company Blue Origin, Bezos is a tech titan whose businesses will very likely shape the future. Despite relying on technology to build his fortune online, Bezos […]

Software maker Symantec is recouping some of its losses from last week, trading more than 10 percent up Monday. The company shed 33 percent and roughly $6 billion in shareholder value Friday after announcing an internal audit that could delay the company’s annual report and hurt financials in the coming quarters. The company behind Norton […]

Sen. Marco Rubio on Monday criticized President Donald Trump‘s pledge to help Chinese technology company ZTE, saying he hopes the president is not “backing down” from his hawkish stance on China. The Florida Republican’s criticism marks the first backlash to the president’s effort from a notable lawmaker within his own party. Trump’s reversal on ZTE, […]

Chili’s is the latest restaurant chain to be impacted by a data breach. The casual dining chain’s parent company, Brinker International, announced Saturday that customer credit and debit card information had been compromised at some Chili’s locations between March and April. However, the company is still assessing the scope of the incident. “We sincerely apologize […]