General Motors is preparing to take on Uber, Lyft and other ride-hailing companies with its own self-driving ride-hailing service by 2019. “As we first launch autonomous and ride-sharing fleets, we believe the biggest opportunities are in the coastal areas,” General Motors CEO Mary Barra told analysts as she and other GM executives updated investors on […]
Read moreElon Musk tweets a Tesla passenger who can't find the visor mirror—it's a lesson in great leadership
Elon Musk took the time to respond when a passenger couldn’t find the mirror on the sun visor in her parents’ Tesla this week. And the move, though simple, was a brilliant lesson in leadership. Monday, Nikki Sylianteng asked Musk via Twitter whether what she thought was the omission of a mirror on the passenger […]
Read moreCryptocurrency project Tezos raised over $200 million in July by selling digital tokens so it could build out a secure network for smart contracts. A month earlier, Bancor reeled in $154 million on the promise of creating a transparent way to value digital coins. They’re two of the biggest so-called initial coin offerings (ICOs) to […]
Read moreAs CNBC reported on Wednesday, Amazon’s market-leading cloud business has introduced Alexa for Business, a set of tools for using the Alexa voice-activated virtual assistant at work. Speaking at Amazon Web Services’ annual re:Invent conference in Las Vegas on Thursday, Werner Vogels, Amazon’s chief technology officer, talked about new tools for managing the use of […]
Read moreThe cost of Apple’s iPhone X debuted at a whopping $1,000. That’s enough to see Billy Joel live in concert 10 times, spend nine days at Disneyland or take a cruise through the Caribbean. If you invested that amount in Apple stock 10 years ago, you’d have $6,228 as of October 31 of this year […]
Read moreShares of BioTelemetry rose about 12 percent on Thursday morning, after the medical technology company announced it will participate in a joint study conducted by Apple and Stanford University. BioTelemetry, a medical technology company, said it will help with Apple and Stanford’s newly announced heart study, which focuses on detecting irregular heart rhythms using the […]
Read moreFinancial stocks were supposed to be one of the big winners in 2017, but instead ended up badly lagging the market for most of the year. Analysts, though, are willing to give the sector another shot heading into 2018. With stronger economic prospects, higher interest rates and lowered regulatory barriers on the horizon, at least […]
Read moreThe state of South Australia is expected to announce Friday that it has powered up the world’s biggest battery: a feat already being heralded as one of this century’s first great engineering marvels and a potential solution to the country’s energy woes. The battery is the size of an American football field. It is capable […]
Read moreApple’s innovative features in the new iPhone X this year will pay dividends for years, according to one Wall Street firm. Piper Jaffray reiterated its overweight rating for the smartphone maker, predicting Apple will benefit from rolling out better displays and 3D sensors to the rest of its iPhone product line next year. “Apple may […]
Read moreKroger‘s quarterly earnings were “impressive,” and show that pressure from Amazon wasn’t going to deter major grocery chains immediately, CNBC’s Jim Cramer said Thursday. Shares of Kroger were more than 9 percent higher Thursday, trading around $26.70, after the company reported higher-than-expected fiscal third-quarter earnings and upbeat same-store sales. The company said aggressive discounting lured […]
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