“Cobra Kai” producers Jon Hurwitz and Hayden Schlossberg told CNBC on Thursday they have been “stunned” by the success of their sequel to “The Karate Kid.” The series, which premiered last week on YouTube Red, picks up 34 years after the original movie ends. It brings back the rivalry between Daniel LaRusso, played by Ralph […]
Read moreDropbox is set to release its first earnings report as a public company, for the first quarter of 2018, after the bell on Thursday. The cloud software company will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here’s what to expect: Earnings: 5 cents per share as expected by […]
Read moreThe National Highway Traffic Safety Administration is the second federal agency to begin looking into the fatal crash involving a Tesla Model S in Fort Lauderdale, Florida this week. “The agency will take appropriate action based on its review,” NHTSA said Thursday. It follows the National Transportation Safety Board, which said Wednesday it is sending […]
Read moreApple and Goldman Sachs are planning a new credit card to be introduced as early as next year, The Wall Street Journal reported, citing people with knowledge of the process. The move comes as investment bank Goldman continues to make a push into consumer banking activities such as deposit-taking and personal loans. It will displace […]
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The growth of bitcoin “mining” activity could send the cryptocurrency’s price as high as $64,000, investment research firm Fundstrat said Thursday. Bitcoin is created through an energy-intensive process known as mining, in which computers receive the cryptocurrency as reward for solving complex mathematical equations. Processing power to guess the solution is known as “hash power,” […]
Read moreHouse Democrats on Thursday released a complete archive of the 3,500 ads that Russia purchased on Facebook. I’m going to show you if you might have liked one of those posts, or followed a page run by the Russian Internet Research Agency (IRA.) More than 11.4 million Americans were exposed to the ads at some […]
Read moreThis week’s collapse of the Iranian nuclear deal justifiably caused global consternation at the thought of Iran moving closer to becoming a nuclear power. There is, however, a much more immediate threat. Iran is already a cyber power and has a history of launching hacking attacks against American interests. Restoring sanctions removes an important deterrent […]
Read moreNvidia is setting records ahead of its Thursday afternoon earnings report. One market watcher says it’s a sign of what’s to come. “There’s an old trading rule: When a stock makes all-time highs, pay attention,” Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC’s “Trading Nation” on Wednesday. “It usually means […]
Read moreThe U.S. government needs to do more to support start-ups to secure its future as a technological innovator, said former Cisco CEO John Chambers. “We’re the only country in the world that not only does not have a digitization program, but we don’t have a start-up program,” Chambers said Thursday on CNBC’s “Squawk on the […]
Read moreA new video Tesla posted to YouTube on Wednesday shows an image of an unnamed vehicle partially hidden by a sheet, and footage of passengers reacting to the acceleration of Tesla’s planned second-generation Roadster. The video, first pointed out by electric vehicle blog Electrek, is a stab at generating hype around Tesla’s brand days after […]
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