Amazon may be expanding its insurance game: After working on a project to disrupt health insurance, the tech giant is considering offering home insurance as a complement to its growing line of smart home devices powered by Alexa, according to tech news website The Information. Smart homes are becoming more common in general. At the […]

Bitcoin dropped 5 percent, to its lowest level since February following reports of price manipulation Wednesday. The digital currency fell to a low of $6,133.31 as of 1 p.m. ET, according to data from CoinDesk. Bitcoin has lost half of its value this year after skyrocketing to almost $20,000 in December. Prices began stumbling after […]

Apple’s artificial intelligence strategy continues to be focused on running workloads locally on devices, rather than relying heavily on cloud-based resources, as competitors Google, Amazon, and Microsoft do. While this fits in with Apple’s core business — selling devices — and the company’s emphasis on user privacy, it could put it at a competitive disadvantage […]

Disney shares are rising after a federal judge ruled in AT&T’s favor on its deal to acquire Time Warner. U.S. District Judge Richard Leon ruled Tuesday that AT&T could buy Time Warner with no conditions attached, denying a Justice Department antitrust challenge to the deal. As a result of the ruling, Wall Street analysts are […]

Analysts at MoffettNathanson do not think Time Warner will save AT&T. On Tuesday, afederal judge ruledthat the deal, which would give AT&T ownership of cable channels like CNN and HBO as well as the film studio Warner Bros., was legal without any conditions. On Wednesday, analyst Craig Moffett said in a research note that the […]

Donald Trump‘s concerns over international trade are understandable but the U.S. president is choosing the wrong approach to level the playing field, the U.K.’s trade chief told CNBC Wednesday. Speaking at 10 Downing Street, the U.K.’s International Trade Secretary Liam Fox said he “understands” the U.S. reservations related to Chinese overproduction, Chinese market access, and […]

Twitter announced updates to its platform on Wednesday that it says should make it easier for users to find and follow big events and news. Twitter, which has grappled with slowing user growth, credited making it easier for people to follow topics, interests and events on Twitter as part of the reason why it was […]

Netflix is an unassuming insurrectionist. CEO Reed Hastings is known for the endearing sweaters he wears during his investor calls. Past and present co-workers say he’s respectful and hands-off. Netflix‘s culture is famously lenient: Employees have freedom to work on projects they find important and get unusual perks, including unlimited vacation, no set schedules, and […]

The media industry is in a frenzy. AT&T is buying Time Warner for $85 billion after overcoming a challenge from the Justice Department. The Murdoch family has agreed to sell the majority of its 21st Century Fox empire to Disney. Comcast plans to crash that deal with a higher offer. It has also outbid Fox […]

Bitcoin’s epic rise last year may have been more than investor fervor. New research published Wednesday shows that at least half of the jump in bitcoin was due to coordinated price manipulation. University of Texas finance professor John Griffin, who has a 10-year track record of spotting financial fraud, alongside graduate student Amin Shams examined […]