President Donald Trump on Wednesday said the United States had a “great relationship with China” as he stood beside former Iowa Governor Terry Branstad, the new U.S. ambassador to Beijing. “We have a great relationship with China and I really like President Xi,” Trump said in a speech at an Iowa community college. The comment […]
Read moreTech entrepreneurs and venture investors are heading to the White House tomorrow to meet with government officials, and the President, to discuss the potential impact of emerging technologies on industrial workers in the U.S. The meeting was organized by the Office of Science and Technology Policy, now led by Deputy CTO Michael Kratsios, formerly chief […]
Read moreArtificial intelligence may still be in its nascent stage, but the technology has a bright future ahead as companies big and small continue to invest in it and develop their expertise, according to the a senior executive at Chinese tech giant Tencent. In an interview with CNBC, Dowson Tong, executive vice president and social network […]
Read moreAmazon on Wednesday moved to drop its non-compete lawsuit against a former employee just one week after filing the suit. The case came about when Gene Farrell sought to leave a leadership position in Amazon’s public cloud division, Amazon Web Services (AWS), and join Smartsheet, a work management software company based in the Seattle area. […]
Read moreWith investors in an endless conflict of growth versus value, Jim Cramer said that while the high-growth names fly, stocks on the other side of the spectrum are sliding dramatically. In fact, as growth stocks climb, value names get battered, with oil slipping to a 10-month low, most retailers continuously struggling and anything auto-related getting […]
Read moreAs major U.S. telecommunications providers get ready to launch their 5G networks, Red Hat CEO Jim Whitehurst said his company is poised to be a major benefactor of the shift. “All the major telcos are going to a technology called OpenStack, and we’re the largest provider of OpenStack, we’re the largest contributor to that whole […]
Read moreNew Zealand’s central bank kept its benchmark interest rate at a record low of 1.75 percent on Thursday, and reiterated it would remain unchanged for a while yet, while adding that the economic outlook was promising. The Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheeler said monetary policy “will remain accommodative for a considerable […]
Read moreFormer Uber CEO Travis Kalanick long resisted two things: Approving tips that would boost the income of Uber drivers, and making it easy for Uber employees to get rich by selling shares in the company. “Uber has the most draconian stock-transfer rules in Silicon Valley,” says Barrett Cohn, founder and managing director of Scenic Advisement, […]
Read moreAdobe Systems Chairman, President and CEO Shantanu Narayen sees a bright — and much more streamlined — future when it comes to his company’s partnership with fellow tech titan Microsoft. “I think both companies share this common vision of being able to help businesses transform,” Narayen told “Mad Money” host Jim Cramer on Wednesday. “When […]
Read moreWith investors in an endless conflict of growth versus value, Jim Cramer wanted to right the record about the stock market’s current darlings, high-growth names. “As the creator of FANG, my fabulous acronym for Facebook, Amazon, Netflix and Google, now Alphabet, I think I have a good read on what’s hot and what’s not,” the […]
Read more