ShipBob fulfillment center in Moreno Valley, California ShipBob After ShipBob decided last July to let staffers work from anywhere, the logistics start-up had its landlord erect a wall in the middle of its Chicago headquarters so half the space could be rented out to another company. On March 1, the office reopened at reduced capacity
Technology
In this article AAPL Second-generation Apple AirPods with wireless charging indicator Todd Haselton | CNBC When AirPods were first released in 2016, they were a marvel of miniaturization. To ditch cords and go wireless, Apple packed several chips, microphones and speakers into each headphone, which weigh about 4 grams. Without a cord, the earbud gets
In this article MSFT If you own a PC, chances are it’s running Windows, the operating system that Microsoft has offered since 1985. Even with people buying modern Macs with energy-sipping Arm chips, and even with some students and corporate workers picking up Chromebooks during the pandemic, Windows still holds on 83% market share for
Elon Musk speaks at SolarCity’s Inside Energy Summit in New York. Rashid Umar Abbasi | Reuters Tesla CEO Elon Musk is expected in court on Monday, and the stakes are high — if he loses he could have to pay upwards of $2 billion from his considerable personal wealth. Musk will be the first witness
The author of “Bad Blood” isn’t finished telling the Theranos story. Three years since the release of his bestselling book, John Carreyrou is debuting a new podcast to uncover the final chapter of former Theranos CEO Elizabeth Holmes. “Bad Blood: The Final Chapter” will follow the upcoming trial of Holmes. In an interview with CNBC,
US President Joe Biden speaks about the situation in Afghanistan from the East Room of the White House in Washington, DC, July 8, 2021. Saul Loeb | AFP | Getty Images The White House on Friday will announce a new executive order aimed at cracking down on competitive practices in Big Tech, CNBC’s Ylan Mui
Nextdoor’s decision to go public through a special purpose acquisition company was largely the result of favorable pricing compared with a traditional IPO, said Bill Gurley, a partner at Benchmark and an early investor in the neighborhood social network. Gurley has been among the most vocal supporters of direct listings, another IPO alternative in which
In this article ROKU Anthony Wood Stephen Desaulniers | CNBC Roku has built a dominant position as the co-leading streaming video distribution platform in U.S. households, in a near dead-heat with Amazon. The two companies own more than 70% market share, according to research firm Parks Associates. But can Roku maintain its lead over Apple
Shares of the Peter Thiel-backed psychedelic start-up Atai Life Sciences jumped Friday on its first day of trading on Wall Street. The newly listed Nasdaq stock opened up 40% before pulling back some. The German biotech’s initial public offering was priced Thursday night at $15 per share, the high end of the expected range. The
Soho Farmhouse. Sam Shead LONDON — Hundreds of the biggest names in European tech rubbed shoulders with politicians and wealthy investors on the lawns of the Soho Farmhouse private members club in rural England on Thursday, at what was one of the first major tech events to happen in over a year. Attendees of the
In this article FB Facebook CEO Mark Zuckerberg Drew Angerer | Getty Images Morgan Stanley analysts said in a Friday note that Facebook remains the top pick among large-cap social media stocks, with its investments and monetization efforts offsetting any near-term engagement drop-offs as the coronavirus pandemic nears an end. “We remain most positive on
In this article ROKU Anthony Wood of Roku and Reed Hastings of Netflix CNBC; Ernesto S. Ruscio | Getty Images When Netflix founder Reed Hastings spun off the streaming video box he was developing to a little-known start-up called Roku in 2008, he thought it would probably fail. “There was Xbox and PlayStation and Samsung
U.S. President Joe Biden is applauded as he holds the Juneteenth National Independence Day Act during a signing ceremony in the East Room of the White House in Washington, June 17, 2021. Carlos Barria | Reuters Big tech companies will observe Juneteenth by offering education resources during the week of the newly official U.S. holiday.
In this article ROKU Anthony Wood, founder and chief executive officer of Roku Inc. David Paul Morris | Bloomberg | Getty Images Roku co-founder and CEO Anthony Wood worked at Netflix in 2007, but he says his company’s cultural similarities to the streaming giant are mostly coincidental. “The culture at Roku was the same before
The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Europe’s tech sector has already attracted more venture capital investment so far this year than it did throughout the whole of 2020, according to data shared with CNBC. Start-ups in the continent have raised a whopping
David Silver, leader of the reinforcement learning research group at DeepMind, being awarded an honorary “ninth dan” professional ranking for AlphaGo. JUNG YEON-JE | AFP | Getty Images Computer scientists are questioning whether DeepMind, the Alphabet-owned U.K. firm that’s widely regarded as one of the world’s premier AI labs, will ever be able to make
In this article MSFT UBI-FR Bethesda’s Todd Howard introduces Starfield at the 2018 E3 trade show. Christian Petersen | Getty Images The video game industry’s annual trade show went virtual this year, giving publishers a new format to show off upcoming titles. The E3 gaming expo kicked off on Saturday and runs until Tuesday, when
In this article TSLA Elon Musk, the CEO of Tesla. Christophe Gateau/picture alliance via Getty Images Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla
In this article MARA When the FBI successfully breached a crypto wallet held by the Colonial Pipeline hackers by following the money trail on bitcoin’s blockchain, it was a wake-up call for any cyber criminals who thought transacting in cryptocurrency automatically protected them from scrutiny. One of the core tenets of bitcoin is that its
In this article AMZN A parcel is prepared for shipment at Amazon’s warehouse in Hemel Hempstead, England. Getty Images Amazon warehouse workers could soon be joined by a couple new co-workers: Ernie and Bert. Those are the names of the new robots Amazon is testing with the goal of reducing strenuous movements for workers. While