Apple’s long-awaited smart speaker is finally hitting shelves. The HomePod will be available February 9, and goes on pre-order this Friday, Apple announced on Tuesday. The release dates apply to the U.S., U.K. and Australia, while the speaker will be sold in France and Germany, two of Siri’s primary markets, later this spring. Apple’s HomePod […]
Read moreApple, Amazon, Facebook and Google cumulatively racked up a roughly $50 million tab fighting off President Donald Trump and an onslaught of new federal regulations last year — a reflection that the tech industry is increasingly under political siege in the nation’s capital. Over the course of 2017, the biggest brands in tech warred with […]
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Bitcoin briefly fell Tuesday below the psychologically key $10,000 for the second time in a week. The digital currency dropped more than 7 percent to a low of $9,972.29 Tuesday morning, according to CoinDesk’s bitcoin price index, which tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Bitcoin had recovered to trade near […]
Read moreAfter crushing subscriber forecasts again, the market value of Netflix surged toward $110 billion Tuesday. Wall Street analysts believe the streaming leader is just getting started. “Netflix’s current growth profile suggests that it continues to accelerate away from competition, and that the power of its competitive advantages is growing,” KeyBanc Capital Market’s Andy Hargreaves wrote […]
Read moreBadoo, the majority owner of the dating application Bumble, which gives women sole power to initiate conversations, is seeking a sale that could value the company at about $1.5 billion, according to people familiar with the matter. Match Group, non-U.S. based strategic buyers, and private equity buyers could be interested, said the people, who asked […]
Read moreHawaii Gov. David Ige says he was told within two minutes that the Jan. 13 missile alert sentwas a false alarm, but the “all clear” was delayed because he didn’t know his Twitter password. Ige told reporters on Monday that the reason his Twitter account was silent for 17 minutes after the alarm went out […]
Read moreCoinbase, the bitcoin trading broker that has exploded in popularity as cryptocurrencies surge and nose dive, has encountered an unusual problem for a Silicon Valley startup: Too many investors are trying to get in. The six-year-old company crossed $1 billion in revenue last year, Recode has learned from industry sources, a tremendous rise fueled by […]
Read moreVerizon reported quarterly earnings on Tuesday that missed expectations, but revenue that topped estimates. EPS: 86 cents per share vs. 88 cents per share expected by a Thomson Reuters consensus estimate Revenue: $33.96 billion vs. $33.26 billion expected by a Thomson Reuters consensus estimate Net increase of 1.2 million retail postpaid connections (431,000 phone, 647,000 […]
Read moreThe search is under way for the next group of the most ambitious, innovative private companies transforming the economy and forcing the public giants to rethink the way they do business. CNBC is now accepting nominations for the 2018 CNBC Disruptor 50, our annual list of private companies transforming the economy and altering industry. In […]
Read moreFor the last several years, there has been speculation about Elon Musk’s future at Tesla, and whether he would step down as chief executive in the next year or two. Mr. Musk stoked that speculation as far back as five years ago when he said he wanted to stay through the introduction of the Model […]
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