Virtual currencies such as bitcoin are becoming more and more popular as an alternative investment thanks to their rising value, but as more consumers engage with it, so are the number of complaints against tech companies offering digital currency products. The number of complaints about virtual currencies filed with the U.S. Consumer Financial Protection Bureau […]
Read moreAT&T said on Wednesday that it is expanding its 5G trials to include three new U.S. cities by the end of the year as part of its push to develop a next-generation network. The trials will test a faster broadband service where the last leg of the connection is delivered via a radio signal to […]
Read moreAmazon and Microsoft announced a new partnership that will allow better integration between the tech titans’ two digital assistants. Amazon’s voice-powered digital assistant Alexa will now be able to activate Microsoft’s own assistant Cortana, and vice versa. The partnership means Amazon customers can use Alexa to access Cortana’s exclusive features such as accessing work calendars, […]
Read moreYoung, well-educated American males are the most comfortable with the idea of traveling by a pilotless plane, according to a new UBS survey of 5,000 people. The study is an expansion on the UBS note released earlier this month that suggested the aviation industry could save $35 billion a year by ditching on-board human control. […]
Read moreApple CEO Tim Cook has collected $89.6 million as part of a 10-year deal that he signed as an incentive to keep the iPhone maker at the forefront of the technology industry after he took over the reins in 2011 from company co-founder Steve Jobs. The windfall detailed in a Monday regulatory flowed from 560,000 […]
Read moreBy last Friday afternoon, most of Uber’s eight directors had gathered in San Francisco for a board meeting. Their agenda was simple: Pick a new chief executive for the ride-hailing company. What unfolded over the next 72 hours was anything but straightforward. In discussions at the Four Seasons Hotel downtown and at the offices of […]
Read moreWhen it comes to innovation, there is no such thing as status quo — you either improve or decline relative to everyone else, and sitting in a comfort zone for too long could prove costly. That is the philosophy of Steve Leonard, the CEO of SGInnovate, the government entity that supports entrepreneurs leading Singapore’s innovation […]
Read moreIt’s not breaking news to say retailers, especially those with exposure to the shopping mall, have been hurting of late. But CNBC’s Jim Cramer discovered one group that stood out after earnings. “I’m calling it the BTF club — BTF stands for Better Than Feared,” the “Mad Money” host said. “These companies didn’t necessarily report […]
Read moreAs news continues to emerge from Texas after Hurricane Harvey, CNBC’s Jim Cramer noticed investors shifting their focus to several other stock market themes. “First feature of the new normal? America’s not the world’s policeman anymore,” the “Mad Money” host said. “Sure, an attack on Japan is like an attack on us. But if North […]
Read moreAmazon made steep discounts — by as much as 43% – at Whole Foods on Monday, sending shockwaves across the grocery retail space. But a closer look at a broader set of products suggest the discounts are still modest, according to Gordon Haskett analyst Charles Grom. Grom wrote in a note published Tuesday that the […]
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