Technology-home-design hybrid Houzz is using augmented reality to help consumers visualize furniture and decor in their home — and it’s paying off in droves. In an interview with CNBC, Houzz CEO Adi Tatarko, who founded the online platform with her husband Alon Cohen in 2009, said that users of Houzz’s new 3D app are 11 […]
Read moreVerizon Communications’ CEO change has Wall Street buzzing about what’s next for the mobile giant, but for Tim Armstrong, CEO of Verizon subsidiary Oath, the move sends a clear signal. “This is just a pure signal, a pure leadership sign that Verizon’s going to be a leader in 5G,” Armstrong, formerly CEO of AOL, told […]
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At WWDC this week, Apple unveiled a series of features coming to iOS 12 that are aimed at minimizing how often we use our phones and helping us sleep better. Parents will also have more controls to minimize how long their kids are on social media or how much time they spend playing games. Here’s […]
Read moreFacebook formed special deals with select companies that granted them access to the data of users and their friends well past 2015, when the social media company said it cut off developer access to that information, according to a Wall Street Journal report. Referred to as “whitelists,” the special agreements allowed companies to access information, […]
Read moreAfter lagging behind China for years, the United States now has the world’s fastest supercomputer. The new machine was unveiled on Friday by the Department of Energy, which partnered with IBM and Nvidia to build it. IBM designed the supercomputer, called Summit, IBM CEO Ginni Rometty told CNBC on Friday. “This is really one of […]
Read moreDialog Semiconductor, which supplies power management chips for Apple‘s iPhone, is in talks to acquire Synaptics, the maker of touch-screen and display technology used in mobile devices, according to a person familiar with the matter. Bloomberg previously reported the talks. Dialog, which has a market capitalization of about $1.1 billion, is smaller than Synaptics, whose […]
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SpaceX is looking to build several new facilities at NASA’s historic Kennedy Space Center in Florida, including a state-of-the-art launch control center and a massive processing facility for its rockets, according to environmental impact documents filed to NASA in April. Florida Today first reported the news Friday. “As SpaceX’s launch cadence and manifest for missions […]
Read moreWarning signs in today’s tech sector are reminiscent of the dotcom boom of the late 1990s that eventually went bust, market veteran Jim Paulsen told CNBC on Friday. The current “character and attitude of the marketplace” are similar to the belief then that “tech can’t lose,” said the chief investment strategist at The Leuthold Group. […]
Read moreFacebook chief operating officer Sheryl Sandberg addressed the Massachusetts Institute of Technology Class of 2018 Friday and stressed the importance of using technology for human good. Sandberg encouraged the graduating class, comprised of over 4,500 undergraduates and 6,900 graduate students, to use education and innovation as a means to foster democracy and equality. Sandberg, author […]
Read moreOver the past few decades, globalization has bound countries together into a global supply chain encompassing finished products, parts, agricultural products, food products and energy. But a commingling of seven well-known tech trends will soon make it inconceivable to manufacture a product in China, ship it 7,000 miles to Long Beach, and then truck it […]
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