The operator behind the Beijing subway system is considering introducing face scanning and other so-called biometric technology which could be used to pay for a ticket, China Daily reported on Tuesday, but the move also raises concerns over surveillance. Facial recognition and a system for scanning people’s palms could be introduced on the Beijing train […]

Shares of flea market app operator Mercari surged on their debut on the Tokyo Stock Exchange’s Mothers market on Tuesday. Mercari’s stock was up 74 percent at 5,230 yen ($47.68) per share as of 1:43 p.m. HK/SIN. Shares had risen as much as 100 percent earlier in the session. The company had priced its initial […]

The Senate easily passed a military funding bill that would reimpose sanctions on Chinese telecommunications company ZTE, challenging a controversial deal negotiated by the Trump administration. The so-called National Defense Authorization Act, or NDAA, which passed with 85 votes in favor and just 10 against, will now be conferenced with another version from the House […]

The fact that so few stocks have been driving the market’s latest advance has CNBC’s Jim Cramer worried. “[It’s] beginning to call into question whether we have an advance at all,” the “Mad Money” host said Monday. “Yes, it’s this small, this weak, this pathetic and this limited to FANG and friends and some of […]

The slew of technology-focused initial public offerings this year has CNBC’s Jim Cramer focused on a key question: how hot is too hot when you’re invested in a red-hot IPO? As businesses increasingly find themselves in need of enterprise-level software, a host of tech companies like DocuSign and Zuora have come public in the last […]

Tesla CEO Elon Musk sent an email to all employees on Monday morning about a factory fire, and seemed to reference possible sabotage. Now, CNBC has learned that Musk also sent an e-mail to all employees at Tesla late on Sunday night alleging that he has discovered a saboteur in the company’s ranks. Musk said […]

Tesla continues to struggle with fires at its electric vehicle plant in Fremont, California, according to correspondence reviewed by CNBC on Monday. Tesla CEO and chairman Elon Musk sent an email to employees on Monday morning explaining that the factory had to stop their “body production line” for several hours on Sunday night due to […]

Microsoft on Monday faced criticism about its work with U.S. Immigration and Customs Enforcement as the agency came under fire because of separations of immigrant children and their parents at U.S. borders. The issue reflects the challenge that tech companies face as they seek to gain big customers. Microsoft, Google and Amazon are all working […]

Snap CEO Evan Spiegel faced widespread criticism of the Snapchat app’s infamous redesign early this year, including from his own wife, supermodel Miranda Kerr. Kerr tipped Spiegel off on the public outcry to come. “I wasn’t too surprised, because my wife, the first thing she said was ‘what are you doing?'” he told CNBC’s Julia […]

Swiss financial services giant UBS Group may not be a fan of bitcoin but CEO Sergio Ermotti believes blockchain, the technology behind cryptocurrencies, is “definitely an opportunity” in the long term. “It’s almost a must. The freeing up of resources to become more efficient will come through technology and blockchain is a great way to […]