Uber is suing mobile marketing agency Fetch Media for allegedly “squandering” tens of millions of dollars on ads that never were seen or never existed. The company filed the lawsuit against the Dentsu-owned agency in a U.S. District Court in San Francisco on Monday. (Fetch said in a statement to CNBC: “We are shocked by […]

T-Mobile and Sprint are in active talks about a merger, according to people close to the situation. Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner. People close to the situation stress that negotiators […]

Reviews of the Apple iPhone 8 and iPhone 8 Plus hit Tuesday morning and there seems to be one common theme: hold off for the iPhone X. The Wall Street Journal’s Geoffrey Fowler said this is “not the upgrade you’re looking for,” and noted that, while there are fun upgrades for portrait photos and augmented […]

The CEO and co-founder of a file sharing start-up based in Alphabet’s hometown says his company is expanding only in other locations because Silicon Valley workers have “a sense of entitlement” and competing to hire them is a near-impossible task. Egnyte plans to expand to 500 employees globally in the next 18 to 24 months, […]

Actor Jamie Foxx has become the latest celebrity to join the ICO bandwagon on Thursday, when he promoted the token sale of Cobinhood, a free cryptocurrency trading exchange. Foxx is at least the fourth celebrity to promote an ICO on Twitter lately. Boxer Floyd Mayweather, rapper The Game, and Paris Hilton have all run similar […]

Amazon is growing its partnership with department store chain Kohl’s. Earlier this summer, the two companies announced that Kohl’s would begin selling Amazon devices, such as the Echo and Fire tablets, at 10 of its stores. On Tuesday, Kohl’s said it will begin accepting Amazon.com returns at certain U.S. locations. The retailer will pack and […]

Amazon announced an inexpensive new Fire HD 10 tablet on Tuesday. It costs just $150 and offers solid improvements over the previous generation Fire HD 10. It’s not as advanced as more expensive tablets, like the iPad, but has some compelling new features, including longer battery life (up to 10 hours) and faster performance for […]

I was at a party the other night with several people who knew I’d just been to Apple’s annual iPhone launch event. After asking me tons of questions about the new Apple Park campus, they of course asked about the new iPhone — by which all of them meant the all-new iPhone X. More than […]

Bridgewater Associates founder Ray Dalio said Tuesday he is not a believer in cryptocurrencies. “Bitcoin today you can’t make much transactions in it. You can’t spend it very easily,” Dalio said on CNBC’s “Squawk Box.” “It’s not an effective storehold of wealth because it has volatility to it, unlike gold,” the hedge fund founder added. […]

It’s been five years since Best Buy held an investor meeting. And while much has changed since the last one, there will still be skeptics in the audience at its Richfield, Minnesota, headquarters. At its last one, in November 2012 in New York, then-new chief executive Hubert Joly laid out his transformation plan “Renew Blue” […]