Snap shareholders have felt the pain of its March IPO, as shares have tumbled more than 27 percent over the past 6 months, dipping below the public offering price. That could have been avoided if the IPO wasn’t mispriced, Chamath Palihapitiya told CNBC’s “Fast Money: Halftime Report” on Thursday. “You have a bank, in that […]

Consumers finding that their personal data may have been exposed in the massive Equifax cyberattack might be surprised to learn how many companies have access to different bits of their personal information. The credit-reporting company announced last week that the personal information of over 140 million Americans could have been accessed by hackers between May […]

The next-generation 5G network will “usher in what I think is the fourth industrial revolution in this country,” Verizon CEO and chairman Lowell McAdam said on CNBC’s “Squawk on the Street” on Thursday. McAdam was a speaker at the Goldman Sachs 26th Annual Communacopia Conference in New York on Thursday. He said the company the […]

The Federal Trade Commission said Thursday it is investigating the data breach at Equifax that exposed the personal information of 143 million people. News of the investigation sent Equifax’s stock sinking. “The FTC typically does not comment on open investigations,” agency spokesman Peter Kaplan said. “However in light of the intense public interest and the […]

CNBC’s Jim Cramer said Thursday that Equifax Chief Executive Richard Smith “should be fired today” after the fallout from the credit reporting agency’s massive data breach. “I think the board is unbelievable. What does it take to get fired in this country?” Cramer said on “Squawk on the Street.” “I mean, this was — you […]

Call it the next Warby Parker to hit the market, but for shoes. Allbirds has already won over Silicon Valley, where the business is based, with its wool sneakers spotted on the feet of Google co-founder Larry Page, Twitter Chief Dick Costolo and venture capitalists Ben Horowitz and Mary Meeker, to name a few. And […]

Apple’s new iPhone X has a spectacular edge-to-edge display that dominates the entire front of the device. Well, nearly the entire front. Unlike Xiaomi’s Mi Mix 2, Samsung’s Galaxy S8, and LG’s V30, Apple hasn’t kept the iPhone X top bezel intact; and compared to the Essential Phone, its camera array is much, much more […]

India’s billion plus customers are in the sights of internet giant Google who are reportedly set to release a mobile payment service in the country. Digital payment platforms can earn money in a number of ways as operators skim percentages from transactions costs, charge to advertise seller products or earn interest on cash held in […]

As a social worker with 30 years’ experience working in hospice care, Christina Ingenito expected to face death gracefully when her time came. But when a breast cancer diagnosis at 59 left this once ebullient woman “severely clinically depressed” — her words — she turned to an unusual research project for help. In 2016, Ingenito […]

A San Francisco startup called Good2Go wants to make it easy to find clean, well-lit bathrooms in any major city. And you won’t have to touch a single surface inside them, either. The company’s iOS app, available Thursday, will present users with a map of nearby bathrooms at private establishments, along with a rough estimate […]