Ancestry CEO Tim Sullivan announced on Tuesday he would leave his post, seizing a window of opportunity as the company decided to delay its forthcoming IPO. Sullivan, who helmed the company for 12 years, will transition to chairman of the board in October, the company said, while chief financial officer Howard Hochhauser will serve as […]

Amazon buying Whole Foods and slashing prices on organic produce and pasta sauce, among other items, is reportedly bringing increased foot traffic to the grocery chain. Across the U.S., Whole Foods stores saw a spike of more than 25 percent in foot traffic on Aug. 28 and 29, the first Monday and Tuesday that the […]

Alibaba founder and executive chairman Jack Ma turned the company’s 18th birthday celebration into a thriller with a Michael Jackson-inspired dance performance. The Alibaba founder began the Sept. 8 performance by entering the stage on a motorcycle incognito while wearing a gold-and-silver mask and military-style outfit. After channeling his inner King of Pop with a […]

Owning 10 percent of the most profitable company in the world sounds like a money-making dream. Especially as Apple launches its new iPhone, which will reportedly cost nearly $1,000. But one man knows what it’s like to watch that opportunity slip away: Ronald Wayne, the little known third co-founder of Apple. According to a recent […]

The “operational limitations” of Tesla’s Autopilot system played “major role” in 2016 crash, said the National Transportation Safety Board on Tuesday. NTSB investigators met to determine the cause of a fatal crash involving a Tesla on Autopilot in May of 2016. The Board had previously determined the crash was not the result of a defect […]

There are four big reasons to be bullish on electric vehicles, according to Bernstein. Government support, improving cost economics, technological development, and increasing acceptance of the powertrain by both customers and automakers all suggest the market is nearing an inflection point with the technology, said Bernstein analyst Toni Sacconaghi in a note sent Tuesday. Right […]

Apple will invite outsiders to its new campus — named Apple Park — for the first time on Tuesday as it unveils the new iPhone inside the Steve Jobs theater, pictured below. Apple Park, or the Spaceship Campus as it has been referred to by onlookers, is a massive circular campus that opened in April […]

AT&T Unlimited Choice customers can now get a subscription to HBO as part of their plan. The company announced on Tuesday on a blog post its Unlimited Choice customers would get access to the premium cable and satellite network. The subscription — which costs $60 a month, with additional discounts for people who have multiple […]

Elon Musk says artificial intelligence is a bigger threat than North Koreaand a “fundamental risk to the existence of human civilization.” He predicts a global race to develop artificial intelligence will result in World War 3. Mark Zuckerberg says Musk’s AI rhetoric is “pretty irresponsible.” The Facebook CEO is “optimistic” about what artificial intelligence can […]

Apple is set to announce its brand new iPhones at an event Tuesday — and you can watch the whole thing as it unfolds. Apple likely has a lot to talk about. Apple’s expected to launch three new iPhones, rumored to be named the iPhone 8, iPhone 8 Plus and iPhone X. The Apple Watch […]