A broad coalition of businesses including Apple, Facebook, Google and Microsoft urged the Trump administration on Thursday to preserve a program that allows the spouses of some high-skilled immigrants to work in the United States. To these tech giants and their peers, the looming end to such spousal work permits could cause immense trouble for […]
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The entrepreneurial space age is well underway. Private investors poured $3.9 billion into commercial space companies last year, a record according to a report from investment firm Space Angels. It said venture capital is pouring into the sector and finding success: Over 120 firms made investments in space last year, topping a peak of 89 […]
Read moreMark Zuckerberg, the CEO and founder of Facebook, did not set out to build a business. Today the social media platform has a market capitalization of more than $500 billion and more than 2 billion monthly active users, and Zuckerberg is worth more than $70 billion, according to Forbes. But he was famously just a […]
Read moreAmazon.com, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters. The move reflects a new […]
Read moreMajor digital currencies recovered slightly on Thursday, after a two-day sell-off saw the world’s biggest cryptocurrency bitcoin lose more than 50 percent of its value. Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to stabilize after Wednesday’s lows. Bitcoin fell as low as $9,199.59 on Wednesday morning, […]
Read moreGerman auto giant BMW can trace its roots all the way back to 1916. A lot has changed in the industry since then, of course, but the importance of innovation has remained a constant. While technological advances such as autonomous driving may be changing BMW vehicles, the company’s business model is also being reshaped. “In […]
Read moreThreats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent. Although the cryptocurrency market lost about $200 billion this week, or a third of its value, these investors – known within the community […]
Read moreiOS update will let users decide if they want Apple to slow down older iPhones or not, Tim Cook says
Apple will release a software update that will allow users to automatically control whether or not their iPhones are automatically slowed down, CEO Tim Cook told ABCNews on Wednesday. Apple caught heat earlier this year when it was found to purposefully slow down iPhone 6, iPhone 6s and iPhone 6s Plus devices with older batteries. […]
Read moreCNBC’s Jim Cramer thinks the consumer is still underappreciated in this stock market despite strong data from the retailers’ fourth quarters. “While the new tax regime will be very favorable for the retailers and restaurants, it’s a one-time change; a year from now we’ll anniversary the new numbers and that will be that. What matters […]
Read moreWhile CNBC’s Jim Cramer would be happy to talk about the tax benefits and windfall of bonuses that came from Washington’s new tax law, he’d rather talk about Apple. “Apple, using some of the gigantic $252 billion cash hoard that it has overseas, announced [Wednesday] what I think is a modern-day Marshall Plan for the […]
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