Boeing is joining the global scramble for efficient batteries. The aerospace giant’s venture arm Boeing HorizonX Ventures has taken a minority stake in battery startup Cuberg, Boeing said Monday. Cuberg joins Boeing HorizonX Ventures’ stable of investments that include Zunum Aero, an electric-and-hybrid plane startup whose investors also include airline JetBlue. The terms of the […]

Billionaire industrialists and major Republican donors Charles and David Koch are launching a new venture capital firm to invest in disruptive technologies. The brothers’ initiative is seen as a vehicle for challenging government regulations. The Kochs’ network of political advocacy groups has been meeting over the past few days in Palm Springs, California. On Saturday, […]

The Trump administration labored to clarify on Monday that it currently has no plans to build its own ultra-fast 5G wireless network, despite publication of a memo that suggested the idea was under consideration. At issue is a proposal put forth by an unnamed official at the National Security Council, a White House-based body that […]

The market has been positioned somewhere between awe and incredulity as new blockchain exchange-traded funds have attracted more than $200 million from investors in January, but it’s a robot ETF that is blowing away the competition among trendy tech investments. The Global X Robotics and Artificial Intelligence Thematic ETF (BOTZ) has taken in more than […]

Dell Technologies could emerge as a public company through a reverse-merger with VMware, the $60 billion cloud computing company it already controls, according to people familiar with the matter. The reverse merger, whereby VMware would actually buy the larger Dell, would then allow Dell to be traded publicly without going through a formal listing. It […]

Stephen McKeon is a professor of finance at the University of Oregon, and I first got to know him through a Medium post he wrote last August on asset-backed tokenization. A couple weeks ago, he was on CNBC’s“Power Lunch.” I had a lot more questions in my own mind after that segment so I reached […]

No one on Wall Street believes Apple‘s iPhone numbers will be as good as once predicted, CNBC’s Jim Cramer said Monday. Apple shares were under pressure Monday after a report said the company told its suppliers to cut iPhone X production in half to 20 million units for the first quarter. Shares were down 2.4 […]

Uber wants its drivers to help stop sex trafficking, an enduring problem that has prompted activists to press workers on the front lines of the travel industry to alert authorities if they see it happening. Over the past few years, Uber has enlisted its drivers in local and regional efforts to help fight human trafficking […]

Alibaba and Foxconn have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market. The latest injection brings the startup company’s total funding to 5 billion yuan, it said in a statement. It follows an earlier round in December […]

Apple shares are dropping in premarket trading after a report the company ordered a drastic cut in iPhone X production. Nikkei reported on Monday the company told its suppliers to cut iPhone X production to 20 million units for the first-quarter from the more than 40 million units target Apple gave in November. The news […]