Uber has unveiled its “flying car” concept aircraft at its second annual Uber Elevate Summit, which showcases prototypes for its fleet of airborne taxis. The flying cars, which the company hopes to introduce to riders in two to five years, will conduct vertical takeoffs and landings from skyports, air stations on rooftops or the ground. […]
Read moreNintendo is launching a paid online service for its popular Switch console in September. The Japanese gaming company unveiled details of the new membership service Monday. It includes access to a library of 20 games from Nintendo’s classic NES console, as well as cloud backup for game saves. An annual subscription to the paid service […]
Read moreArmy wife Angela Ricketts was soaking in a bubble bath in her Colorado home, leafing through a memoir, when a message appeared on her iPhone from hackers threatening to slaughter her family. “Dear Angela!” the Facebook message read. “Bloody Valentine’s Day!” “We know everything about you, your husband and your children,” the message continued, claiming […]
Read moreSwedish payment start-up iZettle announced it will go public this year. The financial technology firm said Tuesday that it plans to raise 2 billion Swedish krona ($226 million) through an initial public offering on the Nasdaq in Stockholm. The company provides mobile card readers and other digital payment products to small businesses. It is a […]
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In cities all over the U.S., electric vehicles have been popping up from companies like LimeBike, Spin, Bird and Uber’s Jump Bikes. These start-ups have raised hundreds of millions of dollars to solve what some call the last mile transportation problem — the symbolic distance between public transit and the final destination. While consumers may […]
Read moreWhen CNBC’s Jim Cramer thinks the stock market misjudged an earnings report — like he says it did with Spotify’s first report as a public company — he feels obliged to step in and clear things up. “Whenever the market makes a particularly egregious error, I like to go back and set the record straight,” […]
Read moreThe rise of digital peer-to-peer payment services in the banking world is paving the way to a new, cashless reality, Bank of America’s Head of Digital Banking, Michelle Moore, told CNBC. “We would like to get cash out of the system,” Moore said in an interview with “Mad Money” host Jim Cramer. “It needs to […]
Read moreWhen CNBC’s Jim Cramer thinks the stock market misjudged an earnings report — like he says it did with Spotify’s first report as a public company — he feels obliged to step in and clear things up. “Whenever the market makes a particularly egregious error, I like to go back and set the record straight,” […]
Read moreComcast is speaking to investment banks about obtaining bridge financing for an all-cash bid to displace Walt Disney on its $52 billion deal to acquire most of Twenty-First Century Fox’s assets, three people familiar with the matter said on Monday. The move is the first concrete step that Comcast is taking to upend Disney’s deal […]
Read moreComcast is planning a $60 billion all-cash bid to top Walt Disney on its deal to acquire most of Twenty-First Century Fox’s assets, if the U.S. government approves AT&T‘s acquisition of Time Warner, according to people familiar with the matter. The bid would top Disney’s offer of $52 billion. Comcast also plans to acquire 100 […]
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