I know I don’t look old enough but this summer will mark my thirty years in the City of London. It was back in 1988 that I first stepped on to the trading floor of Kleinwort Benson at 20 Fenchurch Street and I’d like to think that that day was the start of a steep […]

Facebook’s data privacy scandal has done little to deter advertisers from the social media platform, according to a major ad firm. Publicis Media CEO Steve King told CNBC that Facebook has experienced an erosion of trust after allegations that right-wing consulting firm Cambridge Analytica used millions of users’ Facebook data for fake news and other […]

Google is under investigation in Australia following claims that it collects data from millions of Android smartphones users, who unwittingly pay their telecom service providers for gigabytes consumed during the harvesting, regulators said on Tuesday. Responding to the latest privacy concerns surrounding Google, a spokesman for the U.S. based search engine operator said the company […]

A Tesla Model S that crashed into a stopped fire truck at high speed was operating in Autopilot mode, the driver of the car told Utah police officials Monday. Tesla says it continues to work with South Jordan police on the investigation, and has not yet released details of the incident based on the car’s […]

Former head of J.P. Morgan’s blockchain arm Amber Baldet has finally announced her next move. The former bank executive started a new blockchain company called Clovyr. “It’s a way to help people think differently about decentralized application design,” Baldet said Monday at the Consensus blockchain conference in New York. Baldet’s post-J.P. Morgan plans have been […]

Amazon will now include women and minority candidates in its board search going forward, following shareholder complaints about the company’s lack of diversity. In a public filing Monday, Amazon pledged to include “women and minority candidates” in the pool from which the company’s board committee selects director candidates. The company’s committee charter has been updated […]

In June 1999, Jeff Bezos sat down with CNBC to announce a deal between Amazon and Sotheby’s to start a collectible bidding site. Within a few years, the failed venture would be seen as one of Amazon’s early mistakes as a company. Amazon wasn’t always the e-commerce powerhouse it is today. In its early days, […]

While adoption of electric vehicles is picking up around the world, industry pioneer Tesla is facing a critical juncture and has started what CEO Elon Musk has characterized as a “thorough reorganization” of the company. Shares fell 3 percent on Monday in a mixed market. What’s putting the most pressure on the car maker? Tesla […]

Ted Sarandos, Netflix’s chief content officer, said one of the ways the company was able to lure screenwriter Ryan Murphy is by showing him how the intelligent use of data helps movies be much more successful. Murphy, the creator of “Glee and “Nip/Tuck,” announced a $300 million deal with Netflix earlier this year. Sarandos said […]

Symantec executives hosted a conference call on Monday to “provide more information” on an internal investigation, which sent shares plunging when it was announced last week. But the call did little more than acknowledge the investigation. Symantec CEO Greg Clark explained on the call that executives “can’t answer any questions about the investigation,” and instructed […]