In this article INTC Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Intel has announced that it plans to list Mobileye, the Israeli autonomous driving firm it acquired for $15.3 billion in 2017 as part of an effort
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In this article TSLA Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3
SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group shares fell by more than 8% Monday as the value of its portfolio companies continued to slide. The Japanese tech giant’s share price fell from 5201
Kacper Pempel | Reuters Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the
U.S. Senator Ted Cruz (R-TX) addresses a news conference on Capitol Hill in Washington, October 6, 2021. Evelyn Hockstein | Reuters AUSTIN, TEXAS – The Texas power grid is struggling with fluctuating energy prices and sporadic service, but the state’s growing bitcoin mining community believes it can help fix it. Republican Sen. Ted Cruz agrees.
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the
In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that
Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images The Federal Trade Commission on Thursday sued to block Nvidia‘s $40 billion acquisition of Arm from SoftBank
Susan Arnold Source: Disney Susan Arnold is taking over as Disney‘s Chairman of the Board, the company announced Wednesday. She’ll succeed Bob Iger, who stepped down as Disney CEO early last year. Iger, who served as Chairman of the Board since 2012, had been set to step away as board chair by the end of
In this article HRB Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015. Lucas Jackson | Reuters Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond
In this article AAPL Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple stock was up more than 2% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as
In this article CRM Bret Taylor, president and chief product officer for Salesforce.com Inc., speaks during the opening keynote of the 2019 Dreamforce conference in San Francisco on Nov. 19, 2019. Salesforce’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a
SAN JOSE, CALIF. — In emotional and at times tearful testimony on Monday, Theranos founder Elizabeth Holmes accused ex-boyfriend Ramesh “Sunny” Balwani, who was also the company’s president, of a pattern of physical and psychological abuse, including forced sex. Holmes, 37, took the stand for her fourth and final day of questioning by her defense
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready
JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led
An activist from the Extinction Rebellion (XR) climate change group sits on a giant wooden rocket as they block the exit to an Amazon distribution centre in Tilbury, east of London. BEN STANSALL | AFP | Getty Images Protestors from the Extinction Rebellion movement blockaded Amazon distribution centers across the U.K. on Friday as part