Billionaire investor Marc Lasry told CNBC on Thursday that he should’ve bought bitcoin when it was at $300 just a couple years ago. The cryptocurrency, which began 2017 below $1,000 per unit, blasted through $19,000 on Thursday, surging more than $7,000 in less than two days on Coinbase, a main trading platform. But Lasry said […]

Yelp browsers’ lack of loyalty and the company’s reliance on Facebook and Google to direct traffic to its site add up to an uncertain future, according to Piper Jaffray. The restaurant and local business customer review site is losing strategic value as the importance of long-form reviews withers with the rise of quick posting on […]

Take that Elon Musk! Boeing will beat SpaceX to Mars, CEO Dennis Muilenburg told CNBC. Musk has made it clear that sending humans to Mars is one of his primary goals, even saying it is the reason he started SpaceX in the first place. But Boeing is in the final assembly stages of building a […]

Dell Technologies — which includes seven businesses Dell, Dell EMC, Pivotal, RSA, Secureworks, Virtustream, VMware — has 140,000 employees. In the most recent financial quarter, Dell Technologies saw more than $19 billion in revenue, according to the company’s financials. That’s a far cry from where Dell started. Billionaire founder, CEO and Chairman Michael Dell launched […]

Disney CEO Bob Iger was considering running for president in 2020, but that’s all over if Disney buys Twenty-First Century Fox‘s assets in a more than $60 billion mega-merger, CNBC’s David Faber reports. CNBC reported Wednesday that Iger will likely remain at Disney to oversee any potential merging of the two companies. Disney would extend […]

LG may soon start to supply some of the displays used in the iPhone X, according to The Korea Herald. Apple currently uses OLED panels from Samsung for the iPhone X. The Korea Herald said that LG may begin shipping as many as 60 million displays for the iPhone in June, provided a deal between […]

CNBC’s Jim Cramer said Thursday he doesn’t blame investors for buying into the bitcoin frenzy, but once again he warned that the digital currency’s run could end badly. Earlier this week, Cramer said the cryptocurrency was a pure gamble, and those interested in the cryptocurrency should just go to Vegas. Bitcoin rocketed even higher on […]

Investors should be careful of the euphoria that’s propelled bitcoin to past $15,000 just hours after crossing $14,000 because it’s very early days in cryptocurrencies, BK Capital Management founder Brian Kelly told CNBC on Thursday. “If you look at the internet in 1995, that’s where you are in digital currencies,” said Kelly, portfolio manager for […]

Shares in Skyworks Solutions, Cirrus Logic, and Qorvo traded higher on Thursday after fellow Apple supplier Broadcom hinted the late launch of iPhone X would help revenue rise. “As we look into the first quarter 2018, unlike the last 2 years, we expect wireless revenue to continue to grow sequentially as the ramp in demand […]

Apple‘s health boss, Anil Sethi, has left the company to start venture focusing on helping very sick patients after his sister died from cancer. Sethi’s medical record start-up Gliimpse was acquired by Apple in August 2016, with Sethi named director of the health team. Sethi also worked at Apple as an engineer in the late […]