Facebook will lease all of the office space in a skyscraper under construction in downtown San Francisco, a new report says, as the company looks beyond its Silicon Valley home to house its fast-growing workforce. Facebook has leased 436,000 square feet at 181 Fremont St., which represents the city’s largest office lease in the last […]
Read moreWith the cybersecurity breach at Equifax top of mind on Wall Street, Mimecast chief Peter Bauer said employees are just as critical as technological security when it comes to protecting digital information. “Particularly with email security, attackers have figured out that the human sitting behind the computer is one of the weakest links,” Bauer told […]
Read moreAlphabet’s Nest unit designed its home security system with the help of police and “former burglars” during a years-long development process begun under former CEO Tony Fadell, company executives said. “We brought in a whole bunch of former burglars,” Nest general manager Michele Chambers Turner told a room full of media gathered in San Francisco […]
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As the stock of semiconductor manufacturer Nvidia tumbled in after-hours trading on news of a Tesla-AMD partnership focused on self-driving cars, CNBC’s Jim Cramer had to figure out what to do next. Shares of Nvidia hit an all-time high on Monday following several analyst upgrades that cited the company’s promising position in the fields of […]
Read moreIn a stock market consumed by news from the Federal Reserve, CNBC’s Jim Cramer was focused on three other events that were domino-like in how they toppled stocks. “What were today’s dominoes? Well, we got three of them: Apple, specifically issues with the Apple Watch, but also some concerns that the phone may not be […]
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AS EXPECTED, the Federal Reserve announced on September 20th that it will soon begin reversing the asset purchases it made during and after the financial crisis. From October, America’s central bank will stop reinvesting all of the money it receives when its assets start to mature. As a result, its $4.5trn balance-sheet will gradually shrink. […]
Read moreAlbertsons, one the largest U.S. grocers, is buying meal kit company Plated, the grocer announced on Wednesday. “This transaction is the latest example of Albertsons meeting our customers wherever and however they like to shop,” said Bob Miller, chairman and CEO of Albertsons. “We are excited to offer our customers more online options and fresh, […]
Read morePut another check in the Equifax goof column. As if consumers weren’t already confused enough when they tried to find out if they were part of the credit reporting company’s massive data breach, at least some of them were misdirected to a phishing website by Equifax itself, according to various published reports. Over the last […]
Read moreTwitter invites guest chefs to cook at the company cafeteria periodically. The latest was a salad-making robot called Sally from Chowbotics, a food automation startup. Twitter booked Sally rather than a human on Tuesday in recognition of the company’s Hack Week for engineers, according to the company’s global food program manager, John Dickman. Twitter typically […]
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Tesla is getting closer to having its own chip for handling autonomous driving tasks in its cars. The carmaker has received back samples of the first implementation of its processor and is now running tests on it, said a source familiar with the matter. The effort to build its own chip is in line with […]
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