Snap shares traded nearly 6 percent higher in the premarket on Tuesday after Barclays said the social media company could hit a “turning point” next year. The investment bank upgraded Snap to overweight from equal weight and raised its price target to $18 a share from $11, implying a 32.7 percent upside from Monday’s close. […]

Americans should be patient with President Donald Trump because he hasn’t been in the White House for very long, billionaire Alibaba founder Jack Ma told CNBC on Tuesday. “You may not agree with him,” said Ma, the executive chairman of the Chinese e-commerce behemoth. But he urged people to give Trump a chance. “You can […]

A humanoid robot that once said it wanted to destroy humans is now calling for women’s rights in Saudi Arabia, the chief executive of the company behind it said Tuesday. The robot, called Sophia and developed by Hong Kong-based firm Hanson Robotics, was granted citizenship in the Middle Eastern nation last month. “Sophia is a […]

Apple Inc. succeeded on Tuesday in preventing Chinese smartphone maker Xiaomi Inc from registering its “Mi Pad” tablet computer as an EU trademark because the name was too similar to Apple’s “iPad.” The European Union’s second-highest court, the General Court, ruled that Mi Pad should not be registered as a trademark because consumers were likely […]

Bitcoin is not in a bubble but other digital currencies are “flooding the market with perishable supplies of worthless value,” according to the co-founder of financial technology company Glint. Ben Davies told CNBC that bitcoin does appear to be overinflated but that this obscures the bigger picture. “Bitcoin is not a bubble, albeit it has […]

She may be the first female chief executive of a major U.S. stock exchange operator, but it’s not the only arena that Adena Friedman has managed to champion. While many recognize Friedman for her work as president and CEO of Nasdaq, outside of the business world, the leading Wall Street figure takes on the world […]

Silicon Valley, facing a crisis of the soul, has found a retreat center. It has been a hard year for the tech industry. Prominent figures like Sean Parker and Justin Rosenstein, horrified by what technology has become, have begun to publicly denounce companies like Facebook that made them rich. And so Silicon Valley has come […]

Amazon.com’s Australian arm took its first orders on Tuesday, ending the suspense over its opening date and sending retail stocks higher amid complaints of limited product range and uncompetitive prices on the U.S. e-commerce platform. The cool reception suggests the $550 billion newcomer will need to trim its margins and ramp up stock selection in […]

General Motors believes it has a new and easier way to order coffee, make reservations or shop while you are driving. The automaker has launched GM Marketplace, which allows roughly 2 million owners of GM vehicles to press a button or two in order to order food or coffee they can pick up minutes later […]

Alphabet’s YouTube said Monday it plans to add more people next year to review and remove violent or extremist content on the video platform. YouTube is taking stern actions to protect its users against inappropriate content with stricter policies and larger enforcement teams, YouTube CEO Susan Wojcicki said in a blog post. “We are also […]