Technology
China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images A slew of electric vehicle companies operating in China have been forced to raise the prices of their cars as the cost of raw materials shoot up. Some companies like […]
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Grocery start-up Gopuff partners with UK retail giant Morrisons for speedy deliveries
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with British grocery chain Morrisons to deliver items to people’s doors in a matter of minutes. The multi-year agreement will see Gopuff sell products […]
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Russia is considering selling its oil and gas for bitcoin as sanctions intensify from the West
Employees pass beneath pipes leading to oil storage tanks at the central processing plant for oil and gas at the Salym Petroleum Development oil fields near the Bazhenov shale formation in Salym, Russia. Andrey Rudakov | Bloomberg | Getty Images Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering […]
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Morgan Stanley says these Chinese stocks could rebound — Alibaba, Tencent aren’t on the list
Morgan Stanley analysts have picked some Chinese stocks they say are oversold and have a greater chance of rebounding after supportive comments from Beijing. Source
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Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on Thursday as investors regained their […]
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The space-linked internet investing idea Bill Gates has backed since 1990s
Kymeta’s flat panel internet antenna is designed to offer connectivity in the most remote areas and the defense industry has been an early use case. Kymeta In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Back in the 1990s, Bill Gates made a big […]
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Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom
Ritholtz Wealth Management CEO Josh Brown praised chipmaker Nvidia on “Halftime Report.” Source
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Apple is reportedly preparing an iPhone subscription service that could launch this year
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple is preparing a hardware subscription service for iPhones that could launch as soon as the end of this year, […]
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Google Search will soon let you book checkups and other medical appointments
Google will let you book appointments through Search. Google Google announced Thursday it’s rolling out a new feature in search that allows people to book health care appointments. Users looking to book a check-up or a same-day visit can use Google Search to see the availability of select health care providers in their area. Google […]
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Google employees bombard execs with questions about pay at recent all-hands meeting
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company’s competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. The companywide virtual gathering earlier this month followed the release of […]
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