Artificial intelligence could set off a third world war, but humans will win the battle, according to Alibaba founder Jack Ma. “The first technology revolution caused World War I,” Ma told CNBC in an interview that aired on Tuesday. “The second technology revolution caused World War II. This is the third technology revolution.” Workers and […]

Billionaire Alibaba founder Jack Ma spoke with CNBC from the sidelines of the Gateway ’17 conference in Detroit and discussed small businesses and their great potential for growth. The world’s biggest public companies — like Apple, Alphabet and Amazon — have become so dominant that some critics have said they border on monopolies. But Ma […]

As of early this morning, Uber’s CEO Travis Kalanick is out. It’s the latest chapter in what has become perhaps the most enticing tech story of the year that, many might argue, begins with the bombshell letter released by Susan Fowler that discusses rampant sexism inside Uber. Things started to sour earlier this year, however. […]

Travis Kalanick has resigned as Uber’s CEO under pressure from five of the company’s biggest investors, the New York Times reports. The announcement caps a tumultuous six months in which Uber suffered a seemingly endless string of scandals and controversies. They culminated last week with a report by attorney general Eric Holder that found systematic […]

Etsy, the online market for handmade, vintage and craft items, will cut 15 percent of its workforce. It’s the second wave of job cuts. Combined with a round in May, the reductions amount to about 22 percent of the staff, according to a press release. Etsy has struggled in its first two years since going […]

Intel‘s ability to easily raise chip prices may be ending, as the company faces tougher competition from AMD and Nvidia, a Bank of America Merrill Lynch research analyst said. The bank lowered its rating on Intel to neutral from buy, predicting the company will lose market share to AMD’s latest server chips and Nvidia’s artificial […]

[The stream is now live. Please refresh the page if you do not see a player.] Alibaba is highlighting the opportunities for American small businesses in China this week with a conference called Gateway ’17 in Detroit. Alibaba founder Jack Ma, UPS CEO David Abney and home goods icon Martha Stewart are among the featured […]

Wal-Mart is telling Amazon game on. The big-box retailer is reportedly warning some tech companies that if they want Wal-Mart’s business, they can’t run applications on Amazon’s cloud platform, Amazon Web Services (AWS), a handful of tech companies have told The Wall Street Journal. Wal-Mart uses some tech vendors’ cloud apps that run on AWS, […]

EBay on Wednesday said it would match top competitors’ prices for a number of popular products in an effort to lure customers. The news follows a string of initiatives by the seller marketplace to catch up to e-commerce rivals, and ultimately set itself apart as a haven for finding treasures online rather than commodity products. […]

A difficult year for Target is getting worse. Wall Street is now more worried about Amazon’s threat to Target after the e-commerce giant’s $13.7 billion deal to buy Whole Foods Market. Target shares fell 5 percent Friday on the news of the deal. The stock is down 29.5 percent this year after the retailer’s disappointing […]