Technology
Amazon bets on selling cashierless technology to retailers after pulling it from most U.S. stores
In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can […]
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Why WordPress founder Matt Mullenweg has gone ‘nuclear’ against tech investing giant Silver Lake
Automattic founder, Matt Mullenweg Source: Automattic Matt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. He’s never had such an insane two weeks. WordPress, best known as a leading content management system, has hundreds of millions of sites currently using its templates, tools and plugins. But […]
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Venture capitalist Ben Horowitz says he plans to donate to VP Kamala Harris’ campaign
Ben Horowitz (right), Andreessen Horowitz partner talks about artificial intelligence and jobs at the TANIUM CONVERGE16 conference San Francisco. Harriet Taylor | CNBC Less than three months after announcing plans to contribute to political action committees supporting Donald Trump’s presidential campaign, venture capitalist Ben Horowitz says he’s donating to Vice President Kamala Harris’ election bid, CNBC […]
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As Apple enters AI race, iPhone maker turns to its army of developers for an edge
A view of Apple’s new iPhone 16 at an Apple Store on the Regent Street in London, United Kingdom on September 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34 […]
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XRP slides 9% after SEC appeals decision in landmark Ripple case
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images The price of the XRP token tumbled Thursday, a day after the Securities and Exchange Commission filed to appeal a 2023 court ruling that determined XRP is not considered a […]
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Nvidia CEO Jensen Huang says demand for next-generation Blackwell AI chip is ‘insane’
Nvidia CEO Jensen Huang said in an interview with CNBC’s “Closing Bell Overtime” that demand for the company’s next-generation artificial intelligence chip Blackwell is “insane.” “Everybody wants to have the most and everybody wants to be first,” Huang said during the interview, which aired on Wednesday. Shares of Nvidia were up about 3% on Thursday […]
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After a decade of Elon Musk promising Tesla robotaxis, here’s what we know
For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are holding out hope that Musk will finally deliver at an Oct. […]
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Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten
Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid […]
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Facebook parent Meta rehired worker after he stalked a coworker for over a year, lawsuit says
A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. Julien De Rosa | Afp | Getty Images A former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed […]
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Tesla set to report Q3 deliveries ahead of robotaxi event
Tesla is set to report third-quarter vehicle production and delivery numbers on Wednesday. Analysts are expecting Elon Musk’s automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. That would include about 435,900 of Tesla’s Model 3 sedans and Model Y SUVs. Tesla reported deliveries of 435,059 and production of 430,488 vehicles […]
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