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Apple’s big annual conference kicks off next week: Here’s what to expect
Apple CEO Tim Cook will present the latest versions of Apple’s software for iPhones, iPads, Mac, Watch, and TV on Monday to kick off WWDC, Apple’s annual developer conference. The new “bits,” as attendees often call the updates, are the biggest Apple software announcement of the year and set the public strategy for Apple’s platform […]
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Cruise gets green light for commercial robotaxi service in San Francisco
Kyle Vogt, co-founder, president and chief technology officer for Cruise Automation Inc., speaks as he stands next to the Cruise Origin electric driverless shuttle during a reveal event in San Francisco, California, U.S., on Tuesday, Jan. 21, 2020. David Paul Morris | Bloomberg | Getty Images Autonomous vehicle venture Cruise, which is majority-owned by General […]
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Dan Niles sees more pain in tech — and reveals an opportunity in the sector
Tech stocks may have already suffered a massive sell-off this year, but hedge fund manager Dan Niles thinks there could be even more pain ahead for the sector. He tells CNBC why and reveals where he sees an opportunity in the sector. Tech stocks have taken a drubbing this year as market volatility worsened and […]
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Sheryl Sandberg was Facebook’s adult in the room, but it’s always been a Zuckerberg production
Mark Zuckerberg, chief executive officer of Facebook Inc., right, Sheryl Sandberg, chief operating officer of Facebook, left, applaud after remotely ring the opening bell for trading at the Nasdaq MarketSite from the Facebook campus in Menlo Park, California Zef Nikolla | Facebook | Bloomberg When Facebook held its Nasdaq debut 10 years ago, the prospectus […]
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Elon Musk reportedly tells Tesla workers to return to the office full time or resign
Elon Musk has reportedly told Tesla employees to come back into their respective offices at least 40 hours a week or leave the company. In two emails obtained by Electrek, Musk said that people must show up for at least 40 hours per week in a main Tesla office. “If you don’t show up, we […]
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Microsoft revamps its budget Surface Laptop Go with more storage
Microsoft’s Surface Laptop Go 2 starts at $599. Microsoft Microsoft on Wednesday started taking preorders for the Surface Laptop Go 2, the first revision to its entry-level laptop. The PC starts at $599, an increase of $50 from the original Surface Laptop Go that Microsoft released in 2020. The tech giant is adhering to its […]
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European VCs urge tech start-ups to slash costs and extend the runway
skaman306 | Moment | Getty Images European venture capitalists are advising start-ups in their portfolios to cut costs and freeze hiring as economists warn that another recession is inevitable. Their counterparts in Silicon Valley are doing the same. Following a bumper 2021 that was full of IPOs and mega funding rounds, some of the most […]
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Jim Cramer says these three Big Tech stocks have ‘nowhere else to go but up’
CNBC’s Jim Cramer told investors on Tuesday that some stocks have fallen so far from their highs that they will inevitably rally. “While they may stay losers, the bottom line is they’ve fallen so darn far that I think they’ve become metaphors for a whole host of stocks that are now ready to rally because […]
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Supreme Court blocks Texas social media law that tech companies warned would allow hateful content to run rampant
A person walks down the sidewalk near the U.S. Supreme Court building in Washington, D.C., February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online. […]
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Investment banks pick their top stocks to buy in the ‘beaten down’ tech sector
Analysts at leading investment banks say a number of tech stocks present compelling buying opportunities right now — with some more than 30% off their 52-week highs. A storm of headwinds have hit tech stocks and investors are asking about names that are nearing the bottom, according to Bank of America . “Tech is facing […]
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