Google is amping up its use of artificial intelligence in email with a new Gmail feature called Smart Compose that tries to finish certain sentences for you. The tool is an extension of Google’s existing Smart Replies, which makes three suggestions it for users to their start emails. Gmail recently rolled that feature out out […]
Read moreComcast’s plan to outbid Disney for Fox’s assets is evidence that CEO Brian Roberts believes the deal is too unique for Comcast to pass up without a fight. (Comcast owns NBCUniversal, the parent company of CNBC.) Pushing away Disney won’t be easy. Fox Executive Chairman Rupert Murdoch already agreed to take less money from Disney […]
Read more
WHEN a hacker gets hacked, hackers hack back. That is exactly what an attendee at a hacking conference in Berlin in 2003 did when the keycard-operated lock of his hotel room got hacked. On returning to his hotel room, he found that his laptop had been stolen, but there was no evidence of forced entry. […]
Read moreGoogle is kicking off its annual, three-day developers’ conference in Mountain View, California today with a keynote speech by CEO Sundar Pichai. The I/O event gives Google a chance to show off its artificial intelligence chops, give updates on upcoming products like the latest version of its Android operating system and woo developers into using […]
Read moreBig U.S. banks have lower risk and greater structural advantages than at any time in decades, ValueAct Capital Partners wrote Monday in an investor letter explaining why it took on a $1.2 billion stake in Citigroup this year. ValueAct, led by co-founder Jeffrey Ubben, said the financial industry is poised for a rebound like other […]
Read moreFormer Goldman Sachs president Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob Pisani in a “Squawk on the Street” interview. “I do think we will have a global […]
Read moreFirst Data, one of the world’s largest payment processing companies, is betting that restaurants want more data on their customers. Salido, a restaurant software company, recently raised $12 million in a Series A round of funding with First Data among the major investors. First Data was initially interested in acquiring the start-up, but chose to […]
Read moreThe energy space was sharply lower Tuesday as investors await President Donald Trump’s announcement about the Iran nuclear deal at 2 p.m. ET; the decline of 3 percent was sparked after conflicting reports on the pending decision. Oil crossed above $70 for the first time since late 2014 on Monday, pushing energy stocks higher along […]
Read moreThese are the two statements you most often hear about liquidity and ETFs: ETFs are only as liquid as what they own. ETFs are only as liquid as what you see on the screen. Both of these are fundamentally flawed, and interact in interesting ways. And nowhere are there more histrionics about these issues than […]
Read moreHain Celestial’s stock hit a more than five-year low on Tuesday after it lowered earnings expectations for the year. The Terra-chip maker adjusted its earnings forecast to exclude the protein business it is currently selling. The revised fiscal 2018 forecast calls for earnings of between $1.11 and $1.18 per share, down from $1.64 to $1.75 […]
Read more