Amazon is wrapping up what amounts to a contest with a multibillion-dollar prize for the North American city that becomes the site of the online retailer’s second headquarters. Based on the response, the company will have a tough time making a decision, and CNBC wants to help. To get the bidding started last month, Amazon […]
Read moreThe rocket company that aims to undercut SpaceX on cost will launch 3 missions from Virginia in 2018
Rocket company Vector will conduct three commercial missions from Virginia Space’s mid-Atlantic regional spaceport at NASA’s Wallops launch center. This is the first orbital contract with a spaceport for Vector, the next major step toward the company’s goal of launching more than 100 times per year, chief executive Jim Cantrell told CNBC in an exclusive […]
Read moreKobe Bryant hung up his basketball shoes with the goal of conquering the business world the same way he dominated the hardwood. One key part of that plan resides in a small but rapidly growing sports drink company called BodyArmor. Bryant invested and began working tirelessly to turn the brand into a competitor for industry […]
Read moreFacebook is one of the best-performing large cap technology stocks so far this year. But even after the big run, one Wall Street analyst recommends the social media giant’s shares into its third-quarter earnings report. SunTrust Robinson Humphrey on Thursday reiterated its buy rating for Facebook, predicting solid results due to its new video ad […]
Read moreThree senators began a bipartisan push Thursday to rein in the political ads that appear on social media platforms amid fears about Russian influence on American elections. Should the bill gain more bipartisan traction, it would mark one of the strongest efforts yet to check companies like Facebook and Google. Sens. Amy Klobuchar, D-Minn., and […]
Read moreFacebook’s effort to help media companies sell subscriptions has hit a snag: Apple. The two companies are butting heads over Facebook’s plan for a new subscription tool in its mobile app. The tool will put paywalls around some articles in Facebook’s news feed, and then send users to publishers’ sites to buy subscriptions. The issue: […]
Read moreThe New York Yankees just became the latest in a growing number of traditional sports franchises to venture into esports. The Bronx Bombers signed an investment partnership with Vision Esports, the largest single shareholder of three esports-related companies, according to a press release. Esports are multi-player video game competitions. The partnership will try to grow […]
Read moreYou walk halfway across Rivington Street and in the middle of the block there’s an alley leading north, and then, inexplicably, it curves northwest. It’s remarkable in that on the Isle of Manhattan there aren’t any alleys. And this one is whimsical. Lights are strung overhead and artwork decorates the sides of the buildings as […]
Read more[The stream is slated to start at 12:40 p.m., ET. Please refresh the page if you do not see a player above at that time.] Sens. Amy Klobuchar, D-Minn., and Mark Warner, D-Va., will announce a bill Thursday aiming to rein in political ads on platforms like Facebook, Google and Twitter. The proposal, co-sponsored by […]
Read moreAt an e-commerce start-up called Tophatter, employees used to contact its people operations chief, Sana Hafeez, with questions, because she’s been there for years. She would do her best to answer those questions, but that took time out of her day. Now, all around the start-up’s San Francisco headquarters there are red posters advertising the […]
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