Technology
Tesla extends Shanghai plant suspension amid lockdown, internal notice says
A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. Aly Song | Reuters Tesla has cancelled plans to resume production at its Shanghai factory on Friday and Saturday, an internal notice seen by Reuters showed, further delaying reopening of the manufacturing hub for its Model 3 and Model Y cars. […]
Read More
Jeff Bezos’ Blue Origin launches first New Shepard space crew of 2022
The NS-20 crew, from left to right: Gary Lai, George Nield, Jim Kitchen, Marty Allen, Sharon Hagle, and Marc Hagle. Blue Origin Jeff Bezos’ Blue Origin launched its New Shepard rocket for the first time this year on Thursday, as the company sends more passengers on short trips to space. Called NS-20, this New Shepard […]
Read More
Machine-parts start-up Hadrian raises $90 million as it seeks to shake up the aerospace supply chain
The exterior of the company’s factory in Hawthorne, California. Hadrian Machine-parts start-up Hadrian Automation raised $90 million in a new round of funding led by venture firms Lux Capital and Andreessen Horowitz, as the company works to build largely-automated factories to transform the aerospace supply chain. “We’ve launched Factory #1 and proven that we can […]
Read More
UiPath shares dive 24% on weak outlook
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Shares of UiPath fell 24% on Thursday morning after the enterprise automation software company reported weak outlook for the fiscal first quarter of 2023. Here’s what UiPath reported Wednesday after the bell for its fiscal fourth quarter: Earnings: 5 […]
Read More
How Atlassian’s dual-CEO structure has helped the Australian software company thrive
Atlassian’s founders and co-CEOs, Scott Farquhar, left, and Mike Cannon-Brookes. Atlassian In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. In early March, collaboration software maker Atlassian published a blog post titled, “Atlassian stands with Ukraine,” laying out the company’s plans to support employees […]
Read More
Make $87.50 in 3 minutes: Reporting idling trucks in NYC has become a lucrative side hustle for clean-air vigilantes
Ernest Welde says he’s been chased, swung at and even pushed by truck drivers, who disapprove of his side gig. From his phone, Welde records trucks that are parked for longer than three minutes with their engines still running, an offense in New York City. “Every time I go out of my house, I am […]
Read More
Amazon hired an influential Democratic pollster to fight Staten Island union drive
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Amazon tapped an influential consulting and polling firm with close ties to Democratic political groups to help the company thwart a critical unionization effort at a Staten Island, New York, warehouse, CNBC has […]
Read More
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to wrap up strong month but weak quarter Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters U.S. stock futures were […]
Read More
Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
Read More
Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
An uncertain macro environment puts these technology companies at risk, Morgan Stanley says. Source
Read More