Bitcoin and other major digital currencies dropped sharply Monday morning. Bitcoin briefly tumbled to a low near $10,376 on Coinbase around 9 a.m., ET, marking a loss of more than 11 percent over the last 24 hours. Bitcoin traded near $10,720 as of 9:24 a.m., ET, on Coinbase, the leading U.S. marketplace for buying and […]
Read moreHulu and YouTube both launched live streaming services last year to take on big cable companies with packages of online TV channels. It’s still early, but they’re making some progress, according to numbers revealed to CNBC. Hulu’s live offering has about 450,000 paying subscribers, not including recent promotional customers, according to people familiar with the […]
Read moreFacebook warned on Monday that it could offer no assurance that social media was on balance good for democracy, but the company said it was trying what it could to stop alleged meddling in elections by Russia or anyone else. The sharing of false or misleading headlines on social media has become a global issue, […]
Read moreShares of Twitter slipped 2 percent in premarket trading Monday after reports over the weekend that Twitter’s COO Anthony Noto is in discussions to leave for another company. Noto is among those being considered to be the next CEO of SoFi, a startup building a digital lending business, CNBC confirmed. A source familiar with the […]
Read moreIPhone demand will disappoint this year, according to another Wall Street analyst. Atlantic Equities lowered its rating for Apple shares to neutral from overweight on Monday, predicting weaker than expected sales for the company’s March quarter. This follows a downgrade of the popular stock last week by Longbow Research. We see “signs that iPhone demand […]
Read moreMore than half of workers expected to be affected by technological disruption are female, according to a study by the World Economic Forum. According to research released Monday, 57 percent of the 1.4 million U.S. jobs at risk of being displaced by automation in the next eight years belong to women. Women whose jobs are […]
Read moreToshiba is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday. The IPO is one of various contingency plans being looked at by Toshiba’s top executives, and […]
Read moreWall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market. He isn’t sure if it’ll come to a grinding halt or be a slow and steady drop — but he says it’s coming. Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the […]
Read more
But from the time the host starts reading the question, you only have 10 seconds to choose the correct answer. While that might be enough time to search the question, it doesn’t quite give you enough time to dissect the search results. We got together a team of nine CNBC reporters and producers, three using […]
Read moreRocket Lab blasted off into space on Saturday, taking a major step toward opening low-cost access for a new generation of satellites. The rocket builder’s Electron vehicle reached orbit for the first time, deploying a payload of micro-satellites after launching from the company’s complex on New Zealand’s Mahia Peninsula. This was the first time Electron’s […]
Read more