The U.S. Securities and Exchange Commission has picked a new leader for its emerging cryptocurrency division. Valerie Szczepanik, who already worked at the SEC, was promoted to a role that didn’t exist until this week: Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation. Szczepanik, who joined the […]

NASA Administrator Jim Bridenstine is advancing President Donald Trump’s proposal that private companies take over operations of the International Space Station, according to The Washington Post. Bridenstine, who became administrator in April, told the Post he has spoken “to many large corporations that are interested in getting involved” in the flying lab “through a consortium, […]

Amazon is set to up its investment in India by $2 billion, CNBC affiliate CNBC TV-18 reported Tuesday, citing sources. The e-retailer had previously committed $5 billion to the emerging market. Any extra capital would help stave off a threat from Walmart, which last month took a majority stake in Indian e-commerce giant Flipkart. Amazon […]

Jim Chanos, who predicted the fall of Enron, has serious doubts about the legitimacy of bitcoin. “This is simply a security speculation game masquerading as a technological breakthrough in monetary policy,” Chanos in an interview with the Institute for New Economic Thinking published this week. Chanos, who teaches a course on the history of financial […]

Whether you use Siri, rely on Alexa or have a Roomba, there’s no escaping the fact that robots are part of our daily lives now. It’s not a bad thing that we can automate some of life’s most mundane, tedious tasks. Did you know that you could also get robots to help you with your […]

Ripple will have “dozens” of banks using its blockchain product that requires a digital currency known as XRP to work, the start-up’s CEO told CNBC on Tuesday. The company is developing a solution that allows cross-border money transactions between banks in a faster and cheaper way than the current system allows. It’s based on a […]

Bumper revenues via its App Store have placed Apple among the largest gaming firms globally — despite the fact it does not make its own games, an analyst told CNBC. “I think what’s often lost is we’ve got hundreds of thousands of apps in the (Apple) App Store, but 82 percent of revenues is in […]

The listing of Adyen, the Dutch firm whose payments processing technology is used by Facebook and Netflix, got off to a strong start on Tuesday when investor demand for its shares covered those on offer within an hour. Existing shareholders in Adyen, whose customers also include Uber and eBay, are selling a stake of up […]

Doctors are questioning claims that a rise in the use of “sexbots” could have medical benefits such as treating impotence, reducing the spread of disease, or preventing violent sexual behavior. Writing in the British Medical Journal (BMJ) Monday, Susan Bewley, professor of women’s health at Kings College London and Chantal Cox-George from St George’s University […]

Bitcoin is not the “panacea” to solve the problems that people thought it would, Brad Garlinghouse, the CEO of blockchain start-up Ripple, told CNBC in an interview that aired Tuesday. Ripple is a San Francisco-based company that is developing a network for faster global financial payments. XRP is the digital token that financial institutions on […]