One by one, some of the biggest names in tech are publicly supporting the idea of giving cash handouts to all Americans. The latest is self-made multimillionaire Stewart Butterfield, the CEO and co-founder of the workplace chat program Slack, which is reportedly in the process of raising $500 million at a $5 billion valuation. Butterfield […]

Chinese gadget-maker Eufy announced the Genie on Wednesday, a copycat of the Amazon Echo Dot that will ship with Amazon’s smart Alexa assistant and will cost even less than the Dot. Stranger still — Amazon fully supports the company, which is a sub-brand of the more familiar “Anker,” best known for portable battery packs. This […]

The top three streaming platforms will likely be Netflix, Amazon and Disney, unless other tech companies act soon, technology investor Jason Calacanis told CNBC’s “Squawk Alley” on Wednesday. Disney said on Tuesday night it will remove its movies from Netflix, and will instead launch a branded direct-to-consumer streaming service in 2019. The service would create […]

Tech giants like Facebook and Google may be great investments, but that doesn’t mean early investor Roger McNamee is totally happy with what these companies have become. Elevation Partners’ co-founder told CNBC’s “Squawk Alley” on Wednesday that the business model these companies have adopted has serious consequences for users and the public at large. “If […]

Would you trust a technology company like Apple, Amazon or Google with your health data? More than 1,000 people participated in my Twitter poll on the topic, and the majority of people responding that they would. Only 37 percent of people responded that they would not share their data. Among those who opted to share […]

Yvonne Meyer is no Luddite. The 81-year-old not only uses a computer; she gave up her landline for a cellphone long ago. Still, she was skeptical when her home health aides gave her an Amazon Echo Dot to try. “I didn’t understand why I needed this” but soon became a fan, said the former teacher, […]

Birchbox has recently been discussing a potential sale with several retailers, multiple sources told Recode. One potential acquirer who has spoken with the beauty subscription startup is Walmart, these people said, with conversations taking place between Walmart’s U.S. e-commerce chief Marc Lore and Birchbox co-founder and CEO Katia Beauchamp. It’s not clear how far along […]

The amount of money raised by cryptocurrency and blockchain start-ups via so-called initial coin offerings (ICOs) has surpassed early stage venture capital (VC) funding for internet companies for the past two months. ICOs are a way for start-ups to raise money from users, similar to crowdfunding, by allowing them to buy a stake. In return, […]

It’s been less than a year since Jonathan Silverstein, a venture capitalist at health-care fund OrbiMed, received the diagnosis that changed everything. Parkinson’s disease at age 49. A potentially more aggressive, inherited form, driven by a mutation in a gene called GBA. It affects up to 10 percent of Americans with Parkinson’s, and — as […]

Wisconsin is not projected to break even on a $3 billion incentive package for a proposed LCD screen plant by Taiwan’s Foxconn for at least 25 years, a legislative analysis showed on Tuesday. Foxconn hopes to open a $10 billion plant in 2020 at a 1,000-acre site in southeastern Wisconsin and state leaders, including Republican […]