For months, the text messages came. Some were flirtatious, asking her to meet him late at night. Sometimes, the texts were sexually explicit. The messages were directed at Laura Munoz, an executive assistant at the online lending start-up Social Finance. The texts were from her boss, Mike Cagney, the company’s chief executive, according to five […]
Read moreApple unveiled a new Apple Watch Series 3 on Tuesday, and CNBC had a chance to look at one following Apple’s press conference. The Apple Watch Series 3 is similar to earlier models but one new option features cellular connectivity that lets you use the watch without an iPhone nearby. This means you can place […]
Read moreWall Street’s lofty valuations for Apple’s holiday sales may not hold up after Tuesday’s event, one industry expert told CNBC. Analysts have been expecting Apple to post sales of $86.8 billion in the quarter ending in December, according to FactSet, up from $78.4 billion in the year-ago period. That figure is driven both by a […]
Read moreCNBC’s Jim Cramer sees far too many investors ignoring a simple formula that has kept him level-headed during his years on Wall Street. “Newsflash: stocks, by and large, do get cheaper when they go lower. Call me captain obvious for pointing it out, but I think this commonsense wisdom often gets ignored when we’re analyzing […]
Read moreApple announced a $999 iPhone on Tuesday, a move many said pushed the limits of how much someone would pay for a phone compared to where else that money could be spent. The iPhone X (“ten”) is way more expensive than the last new flagship phone from Apple: The iPhone 7 started at $649 when […]
Read moreCNBC’s Josh Lipton had a chance to get up close with the new Apple iPhone 8 on Tuesday. It doesn’t have a totally radical redesign like the iPhone X. Instead, it’s a successor to the iPhone 7 and other previous models. The biggest difference: The iPhone 8 has glass panels coating both sides instead of […]
Read moreCNBC’s Jim Cramer sees far too many investors ignoring a simple formula that has kept him level-headed during his years on Wall Street. “Newsflash: stocks, by and large, do get cheaper when they go lower. Call me captain obvious for pointing it out, but I think this commonsense wisdom often gets ignored when we’re analyzing […]
Read moreCNBC’s Josh Lipton checked out the new iPhone X (pronounced “iPhone Ten”) following Apple‘s press event on Tuesday. It’s certainly a looker, with a new display that stretches across the entire front of the phone, and no home button for the first time since the iPhone came out in 2007. Instead, you’ll use a feature […]
Read moreChamath Palihapitiya is a big believer in digital currencies. “We’ve been massively long” bitcoin for years, Palihapitiya said at the Delivering Alpha Conference in New York on Tuesday. “The genie is fundamentally out of the bottle,” he added on the power of the blockchain. He doesn’t think it will blow up as JPMorgan Chase CEO […]
Read moreApple held its highly-anticipated event on Tuesday at the company’s new Steve Jobs Theater. Notably, Tim Cook’s opening monologue paid tribute to Jobs, the company’s late founder. Before he delved into an overview of Apple’s latest products, the company’s CEO told audience members that Jobs had a unique gift. He had “an uncanny ability to […]
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