Indian Prime Minister Narendra Modi waves to supporters as he arrives at the Lotte New York Palace hotel in New York City, June 20, 2023. Mike Segar | Reuters As China’s economy falters, top U.S. corporate executives are making it a priority to meet Prime Minister Narendra Modi during his state visit to the White
Technology
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba announced a major leadership reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning to step down this year and be replaced by veterans at the Chinese tech giant. Eddie Yongming Wu will step in as CEO, while Joe Tsai will take over
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Six years ago, Amazon kicked off a sweepstakes-style contest in search of where to build a second headquarters. The competition drew bids from 238 states, provinces and cities vying to be the next anchor for the nation’s dominant online retailer and second-largest private employer. This
In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT The collaborative efforts between Spotify and Harry and Meghan has resulted in just one, 12-episode series of the podcast “Archetypes.” Chris Jackson | Chris Jackson Collection | Getty Images Spotify executive Bill Simmons described Prince Harry and Meghan, the Duchess of Sussex, as “grifters” after
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT The Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. On Sunday, the Ohio Department of Health reported a total of 298,096 cases in Ohio since the pandemic began, leading to 5,722 deaths and 22,265 hospitalizations. Photographer: Dustin Franz/Bloomberg via Getty Images Bloomberg
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon’s head of worldwide consumer Jeff Wilke unveiled its latest delivery drone at the re:MARS conference in Las Vegas on June 5, 2019. Amazon Amazon doesn’t plan to host its re:MARS conference on cutting-edge technologies like robotics and space this year, the company confirmed on
In this article GM F TSLA Follow your favorite stocksCREATE FREE ACCOUNT Interest in electric vehicles is at an all-time high, with sales of new EVs up 55% in 2022 compared with the year prior. But there are still a lot of gas cars on the roads today, and it’s likely there will be for
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Tesla CEO Elon Musk
Budrul Chukrut | Lightrocket | Getty Images At midnight on Tuesday, the moderators of the Reddit community r/Gaming decided to go dark. Dac Croach, who goes by username Dacvak, and the subreddit’s other leaders hit the private button, initiating a 48-hour shutdown for the group’s more than 37 million members, along with anyone else who
In this article Follow your favorite stocksCREATE FREE ACCOUNT Huawei is back in the spotlight in Europe after a report suggested Germany may ban some equipment from the Chinese telecommunications giant in its 5G network. Pau Barrena | AFP | Getty Images A top European Union official has called on more EU countries to ban
Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Twitter suspended the accounts of Plainsite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. Plainsite is an online database that makes state and federal court filings and other public records available
Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Sopa Images | Lightrocket | Getty Images LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company’s CEO told CNBC.
Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that’s changing,
In this article VOD-GB Follow your favorite stocksCREATE FREE ACCOUNT A sign outside a Vodafone Group Plc mobile phone store in London, U.K. Jason Alden | Bloomberg | Getty Images Vodafone and CK Hutchison, which owns the Three UK mobile network, agreed to merge their U.K. businesses, following talks that have been ongoing since last
In this article AMD NVDA Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images AMD said on Tuesday its most-advanced GPU for artificial
Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Alphabet-backed British fintech unicorn GoCardless has said it will reduce its global headcount by 15%, slashing 135 roles in a bid to cut costs. The redundancies will affect posts in the U.K.,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Monday, Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images Amazon is turning to artificial intelligence to help users find the right product. The e-retailer
In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio co-founder William Li poses inside a Nio EC7 at the Shanghai auto show on April 19, 2023. Hector Retamal | Afp | Getty Images BEIJING — Chinese electric car brand Nio said Monday it is cutting prices for its cars by the equivalent of
Darby Dunn, the Vice President of operations at Commonwealth Fusion Systems. Photo courtesy Commonwealth Fusion Systems From March 2009 to December 2018, Darby Dunn held a handful of engineering and production roles at SpaceX. “In one role in particular, my unofficial title was ‘Mother of Dragons,'” Dunn told CNBC in an interview in Devens, Massachusetts.
Fintech executives descend on Amsterdam for the annual Money2020 conference. MacKenzie Sigalos AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and industry insiders were abuzz with talk about embedded finance, open banking, and banking-as-a-service. As nebulous as these terms may be, they reflected a
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