Twitter CEO Jack Dorsey recently said he believes bitcoin will become the single global currency, something that Apple co-founder Steve Wozniak hopes will happen. “I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way, that is so pure thinking,” Wozniak […]
Read moreFacebook on Sunday rejected claims by the New York Times that it had allowed Apple and other major device makers “deep” access to users’ personal data saying any such links were tightly controlled and largely subject to users’ consent. Facebook shares fell more than 1 percent Monday morning, in what was otherwise an upbeat start […]
Read moreIf the U.S. wants China to play fair on trade, pushing away like-minded allies is not the way to make it happen, a leader of the American business community in China said Monday. “Maybe it’s the worst tactic, as far as we can see here in China,” William Zarit, chairman of the American Chamber of […]
Read moreMastercard is looking at ways to integrate its payments system into voice assistants made by Google and Amazon to let people pay by talking to a device, a top executive from the company told CNBC on Monday. The U.S. payments giant has a product called Masterpass that allows a user to upload credit card details […]
Read moreWidely-followed cryptocurrency start-up Ripple is shelling out millions to some of the top universities in the world to speed up the adoption of blockchain technology. The company announced a partnership with 17 schools Monday, including the University of North Carolina, a research institute at MIT and the University of Pennsylvania. Through the “University Blockchain Research […]
Read moreA slew of AI weed killers are on the horizon and have the potential to disrupt the multibillion dollar pesticides business. Among them is Swiss-company ecoRobotix and its weed-killing robot. It’s solar-powered and can kill weeds for 12 hours straight without an operator at the helm. Through artificial intelligence, cameras and two robotic arms, the […]
Read moreFor the first time ever, investors are waiting for a public company to achieve a market value of $1 trillion — about the gross domestic product of Indonesia. And the winner could come from among the stocks CNBC’s Jim Cramer first dubbed the FANGs — Facebook, Amazon, Netflix and Google, now known by its parent […]
Read moreTesla shareholders are gearing up to swipe left or right, depending on whether they want Elon Musk to keep both his titles as chairman and chief executive. A New York startup company aiming to make voting easier for regular shareholders who don’t know the nitty gritty details of proxy ballots and shareholder meetings is using […]
Read moreMicrosoft on Monday announced plans to acquire software developer platform GitHub in a deal valued at $7.5 billion. GitHub was valued at $2 billion in its last funding round in 2015, though it has yet to turn a profit. Microsoft has seen its once-dominant Windows unit slip in market share in recent years, spurring a […]
Read moreA stocks portfolio made up of hedge funds’ favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling for gains. The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has gained just over 2 […]
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