Bitcoin is on the decline, but ethereum might be a better bet in cryptocurrency, Brian Kelly told CNBC. Bitcoin, the most popular digital coin and largest by market cap, was priced around $6,400 on Friday — a staggering decline from its December highs of around $19,500. But cryptocurrency is still a relatively new industry, and […]

As stocks turned positive towards the end of Friday’s trading session, CNBC’s Jim Cramer warned investors not to get too cheery about Wall Street shrugging off the escalating trade war. “Many bulls were heartened that the stock market clawed its way back up and at one time was almost even, despite the tariffs. I question […]

Sign up and buckle up: consumers are embracing a new long-term trend that has become so powerful and pervasive that CNBC’s Jim Cramer can’t ignore it. “The best secular trend out there right now? … I think it’s the rise of the subscription economy, the legion of companies that make their money by selling some […]

Respected geopolitical analyst George Friedman thinks blockchain, the technology underlying bitcoin, will one day become “obsolete.” “I’ve never known any encryption technology not to be broken,” Friedman told CNBC Thursday on the sidelines of the UBS CIO Global Forum in New York. “I doubt between Russia, China, U.S. intelligence services” that blockchain can’t be decrypted. […]

Elizabeth Holmes, the college dropout who founded the blood-testing company Theranos, and the firm’s ex-president Ramesh “Sunny” Balwani were indicted Friday on criminal charges related to false claims they made about the accuracy of their testing devices. Both Holmes, who stepped down as CEO of the financially crippled company earlier Friday, and Balwani appeared in […]

Time Warner is changing its name to WarnerMedia now that its $85 billion deal with AT&T has closed, and Turner CEO John Martin is departing the company, according to an internal memo from an AT&T executive. The memo, written by John Stankey, the new head of Time Warner, outlined a new operating structure for the […]

The irony of the Comcast-Disney battle to buy the majority of 21st Century Fox is that CEOs Brian Roberts and Bob Iger could both walk away happy. All they’d have to do is split up Fox. And yet, it doesn’t look like that’s going to happen. Disney wants Fox’s movie studio and owned content properties […]

Google’s annual diversity report reveals that the company’s workforce is still largely white and male and that it made very little progress in the last year to change the ratios. The report’s publication follows last week’s annual shareholder meeting, where employees bucked the company to advocate for more diversity, and comes as Google faces multiple, […]

A U.S. District Court judge ruled on Friday that a Russian company charged with meddling in the 2016 U.S. presidential election is not entitled to review grand jury materials and gave the two sides 10 days to agree on rules for sharing evidence. Lawyers for the Russian company, Concord Management and Consulting, had last month […]

Dropbox shares soared for a second day in a row, capping a massive rally this week for the cloud storage vendor and other newly public software companies. Zuora and DocuSign both jumped more than 10 percent for the week. Dropbox surged 32 percent, adding almost $4 billion in stock market value since last Friday. Investors […]