Asian markets looked set to decline on Wednesday, with a sell-off in U.S. and European markets expected to weigh on sentiment during the Asian trading session. Futures tipped a lower open on Wednesday for both Japan and Australia. Nikkei futures traded in Chicago were down 1.49 percent compared to the benchmark’s Monday close and Australian […]
Read moreTech history repeats itself, and nobody knows that better than Brad Smith, Microsoft’s president and chief counsel. Smith was deeply involved in Microsoft’s antitrust battle against the federal government in the 1990s, and remembers how resolved the company was to fight it. That turned out to be a mistake, Smith said at the Code Conference […]
Read moreVirgin Galactic reached nearly halfway to space in the second powered flight of its Unity spacecraft Tuesday, putting the company only months away from launching its first commercial passengers. “It will be something like two or three more flights before we’re actually in space,” founder Richard Branson told CNBC after the second test flight, which […]
Read moreAmazon‘s share price jumped more than 60 percent over the past year, but some stakeholders say the company is in need of better governance measures. At Amazon’s annual shareholder meeting on Wednesday, an activist group called SumOfUs plans to fly a plane overhead with a banner reading, “Bezos Needs a Boss.” The gimmick is in […]
Read moreA good economy and “huge” investments by customers are to thank for Salesforce’s strong first quarter results, CEO Marc Benioff told CNBC on Tuesday. In an interview with “Mad Money” host Jim Cramer after earnings were released, Benioff said the company had a “fantastic” quarter. “The economy is really ripping and you can see that […]
Read moreMs Li has a day job in the marketing department of one of China’s biggest tech firms. At night, she has a second career, livestreaming herself eating noodles or telling jokes in return for small donations from thousands of online viewers. Li, 28, says she is one of at least five women in her office […]
Read moreApple‘s annual developer conference, WWDC, starts next week with a keynote address on June 4. It’s focused on tools for the developers who build iPhone and Mac applications, but also gives Apple-watchers the best sense of the company’s broad priorities for the new year. In the past, Apple has used the event to roll out […]
Read moreTesla and SpaceX boss Elon Musk has been especially vocal about the potential negative implications of the development of artificial intelligence. Musk has said AI poses “vastly more risk than North Korea,” that “competition for AI superiority at national level most likely cause of WW3,” that “AI is a fundamental risk to the existence of […]
Read moreSalesforce will report earnings for the first quarter of its 2019 fiscal year after the bell on Tuesday. The company will hold a conference call with analysts at 5 p.m. Eastern time. Here’s what to expect: Earnings: 46 cents per share as expected by analysts, excluding certain items, according to Thomson Reuters. Revenue: $2.95 billion […]
Read morePolitical uncertainty in Italy has unhinged world markets, raising the specter of a euro crisis that could ripple across the global economy and even force the Federal Reserve to slow its rate hiking plans. Several strategists say there is little chance the euro zone’s third largest economy will move to leave the single currency, creating […]
Read more