Technology
Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse play
An attendee tries a pair of Nreal mixed-reality glasses at the MWC Shanghai exhibition in Shanghai, China, on Tuesday, Feb. 23, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba led a $60 million investment round into augmented reality glasses maker Nreal, the start-up said on Wednesday, as Chinese technology giants look for ways to […]
Read More
NBA’s Cavaliers reach jersey patch deal with steel company Cleveland-Cliffs
Darius Garland #10 of the Cleveland Cavaliers shoots over Admiral Schofield #25 and Chuma Okeke #3 of the Orlando Magic during the second quarter at Rocket Mortgage Fieldhouse on March 28, 2022 in Cleveland, Ohio. Jason Miller | National Basketball Association | Getty Images The Cleveland Cavaliers have a new jersey patch sponsorship. The NBA […]
Read More
Pentagon expects to award up to $9 billion in cloud contracts in December
U.S. Defense Secretary Lloyd Austin speaks during a news conference in Tbilisi, Georgia October 18, 2021. Irakli Gedenidze | Reuters The U.S. Defense Department said Tuesday that it plans to award as much as $9 billion in contracts for cloud infrastructure services in December, about eight months later than it expected. The Joint Warfighter Cloud […]
Read More
NFL owners vote to change playoff overtime rule to allow possessions for both teams
Head coach Sean McVay of the Los Angeles Rams celebrates after Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. Kevin C. Cox | Getty Images PALM BEACH, Fla. – NFL owners voted Tuesday to amend the playoff overtime rule in order to allow both teams to possess the ball regardless […]
Read More
Crypto hackers steal over $615 million from network that runs popular game Axie Infinity
Eugene (L) and Ginger Arboleda giving a demonstration on how to play Axie Infinity, an NFT game where players earn tokens that can be exchanged for cryptocurrency or cash, Manilla, December 10, 2021. Jam Sta Rosa | AFP | Getty Images The popular blockchain game Axie Infinity, which lets users earn money as they play, […]
Read More
Sen. Elizabeth Warren says billionaires should pay more taxes to help the ‘next Elon Musk’
Elon Musk and fellow billionaires should pay it forward in taxes to support the next generation of entrepreneurs who can make a difference, Sen. Elizabeth Warren, D-Mass., told CNBC on Tuesday. “I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own. He got huge investments from the government, from […]
Read More
Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]
Read More
5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to rise, with Dow, S&P 500 on winning streaks Traders on the floor of the NYSE, March 28, 2022. Source: NYSE U.S. stock futures pointed to a higher open Tuesday and a fourth straight session […]
Read More
Sony launches new PlayStation gaming subscription service to take on Microsoft
In this photo illustration a PlayStation 5 logo seen displayed on a smartphone. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Sony is set to launch a new video game subscription service this summer, seeking to drive sales of its PlayStation consoles and compete with a similar offering from Microsoft. The company said […]
Read More
Reid Hoffman’s new start-up poaches first staff from Google and Meta
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is […]
Read More