AT&T and Time Warner will find out their collective fate Tuesday when U.S. District Court Judge Richard Leon determines if the companies can merge. While the government and AT&T could appeal, the decision will have wide-ranging effects across the U.S. telecommunications world. Here’s how the following companies could be affected: If the deal is approved: […]
Read moreSony unveiled in-depth trailers for some of its upcoming blockbuster PlayStation titles at E3, the biggest gaming conference in the world, as it looks to continue its dominance of the console market. One trailer that got the most attention was “The Last of Us Part II” which showed two women kissing then transitioning seamlessly into […]
Read moreTech is a no brainer for investors. But a simple investment theme for the sector is being badly executed. Investors are too narrow in their focus, chasing Nasdaq and FANG (Facebook, Amazon, Netflix and Google) stocks similar to how investors often play emerging markets in a simple fashion. Investor sentiment is cautious, except when it […]
Read moreSometimes, even CNBC’s Jim Cramer struggles to understand President Donald Trump’s trade strategies and how they could affect stocks. So, on Monday, he came up with five new theories. For one, the “Mad Money” host wondered why stocks didn’t fall Monday after tensions flared between Trump and other world leaders present at the G-7 Summit […]
Read moreIt’s no secret that CNBC’s Jim Cramer has long thought that Jack Dorsey, the CEO of both Twitter and Square, needs to stop splitting his time between the two companies. The “Mad Money” host would go from questioning how Dorsey could run two companies at once to calling him a “part-time CEO,” arguing that he […]
Read moreFitbit is looking to a new generation for growth. The company launched its new fitness tracker, Fitbit Ace, for children 8 years old and up on Monday. It wants to encourage children to move more. It also hopes appealing to a new audience will help it grow again. Fitbit, the company that popularized wearable fitness […]
Read moreTesla stock rallied as much as 5 percent on Monday after CEO Elon Musk made several promises to customers over the weekend. Among other things, Musk promised an Autopilot update by August that will “enable full self-driving features.” He offered the Autopilot detail in response to a customer’s criticism: tweet here Additionally, Tesla’s CEO and […]
Read moreMicrosoft is following Google’s lead in designing a computer processor for artificial intelligence, according to recent job postings. In late March, Microsoft published at least three job openings within its Azure public cloud division, looking for candidates to work on features for an AI chip. The following month the team listed an opening for a […]
Read moreChief Brand Officer Bozoma Saint John, charged with helping repair Uber morale, has stepped down from the company about one year after joining Uber from Apple. She will become chief marketing officer at Endeavor, the holding company that includes marketing companies, media companies and talent agencies, including WME, a talent agency run by Ari Emanuel, […]
Read moreComcast will formalize its all-cash offer to acquire most of Twenty-First Century Fox on Wednesday if U.S. District Court Judge Richard Leon approves AT&T‘s deal for Time Warner on Tuesday, according to people familiar with matter. Comcast, which owns CNBC parent company NBCUniversal, has already publicly acknowledged its plans to compete with Disney on an […]
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