A venture capital firm has reportedly lost two key partners after one partner was accused of sexual harassment. Binary Capital partner Justin Caldbeck has resigned, according to Axios. Caldbeck was thrust into the spotlight last week after The Information reported that Caldbeck had made inappropriate advances toward six businesswomen. Caldbeck tried to sleep with one […]

Chances are, billionaire tech entrepreneur Elon Musk had a better weekend than you did. His company SpaceX successfully completed two back-to-back rocket ship launches in a single weekend. On Friday, SpaceX launched and landed a reused rocket carrying the first telecommunications satellite for Bulgaria in a mission that originated at the Kennedy Space Center in […]

Investors love Elon Musk’s vision and his companies. He’s regularly hailed as our generation’s Thomas Edison. Tesla is up nearly 80% year-to-date and by more than 1,000% in the past 5 years. It’s more valuable than GM or Ford even though they sell a fraction of the cars. As the only public company in his […]

Ten years ago this week, the first iPhone was released. And one of the biggest surprises for reviewers at the time was that the touchscreen actually … worked. “The most remarkable thing about iPhone is what’s missing: a physical dialing keypad,” USA Today’s Ed Baig wrote at the time. “[W]e didn’t miss a stylus in […]

Oracle has landed a big customer, Bank of America, for its enterprise resource planning and financial planning software, the company announced on Monday. The deal partly displaces Oracle rival SAP, which dominates the ERP and financial software space. The software will run on BofA’s premises, but will use Oracle’s people and hardware, and will use […]

Alphabet and Avis Budget will work together on self-driving cars, the companies announced on Monday. Alphabet’s self-driving car company, Waymo, will rely on Avis to service and store its fleet of Chrysler self-driving vans, the companies said in a statement. Most of the 600 vehicles will be deployed, in part to support a pilot in […]

The former chief executive officer of Barclays has warned that banks could be faced with their own “Kodak moment” by falling into irrelevance if they fail to keep up with the pace of rapidly developing fintech technologies. Antony Jenkins, who was the group CEO of Barclays from 2012 until he was sacked in 2015, said […]

Today, Billionaire Eric Schmidt is the executive chairman of Alphabet (Google’s parent company), which has a market cap nearly $675 billion. He was also CEO of Google from 2001 to 2011, a decade when the tech behemoth both went public (2004) and saw meteoric growth. In those years when Google was rapidly expanding its workforce, […]

Apple has often been accused of acting like it invented things that others have been doing for years. That complaint is not without merit, however Apple can lay claim to transforming existing things into mainstream successes, which takes no small amount of invention in its own right. Fingerprint authentication and contactless payments are just two […]

Amazon‘s cloud computing division has been working on a translation service that developers could use to make their websites and apps available in multiple languages, CNBC has learned. Amazon already has machine-translation technology that it uses across the company to do things like provide product information in multiple languages. Now, the company is preparing to […]