Andy Jassy, chief executive officer of web services at Amazon.com Inc., listens during the Amazon Web Services Summit in San Francisco on April 19, 2017. David Paul Morris | Bloomberg | Getty Images Databricks, a start-up whose software helps companies quickly process large sets of data and get it ready for analysis, said Monday it
Technology
Customers wait in line at Xiaomi’s flagship store in Mong Kok, Hong Kong. Miguel Candela | SOPA Images | LightRocket | Getty Images In response, Xiaomi filed a lawsuit on Friday against the U.S. treasury and defense departments in the district court of Columbia, according to its investor relations website on Sunday. Xiaomi alleged that
A worker climbs on a cellular communication tower in Oakland, California. Justin Sullivan | Getty Images Every time someone accesses the internet through their smartphone, their wireless carrier transmits that data through the airwaves on frequencies that only it has the license to use. In the coming weeks, licenses to use some of of the
A pedestrian wearing a protective mask crosses California Street in San Francisco, California, U.S., on Tuesday, Dec. 29, 2020. David Paul Morris | Bloomberg | Getty Images In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” — indicating minimal spread of the coronavirus — Lauren Crabbe was hopeful. Crabbe, the owner
US electric car maker Tesla Vice President Jerome Guillen poses at the Paris Auto Show on the last press day on October 3, 2014. The Paris Auto show opens to the public on Saturday. Eric Piermont | AFP | Getty Images Elon Musk’s electric car company notified customers on Friday that Tesla Service Centers now
Steve Huffman CEO, Reddit, delivers remarks on ‘Redesigning Reddit’ during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | Getty Images Reddit is having a moment. The online network of communities has been thrust into the spotlight this week after a group of
The website of U.K. stock trading app Freetrade. Freetrade LONDON — British share trading app Freetrade told clients Friday that it had disabled purchases of U.S. stocks. Freetrade blamed the halt to U.S. stock purchases on a move by its currency exchange provider and their bank to limit the platform’s trading volume. Freetrade uses U.K.
A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX The U.S. Department of Justice is investigating Elon Musk’s SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices, according to court documents filed on Thursday. The DOJ’s division of Immigrant and Employee Rights received a complaint of employment discrimination
Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images Apple CEO Tim Cook on Thursday linked Facebook‘s business model using data to serve targeted ads with real-world consequences, such as violence or reducing public trust in
Apple reported blowout earnings on Wednesday. Even during a global pandemic, every single product line was up, leading to the company’s first quarter with over $100 billion in sales. But Apple is still best known for the iPhone, which accounted for nearly 59% of the company’s revenue during the holiday quarter. The iPhone is booming,
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images Tesla is expected to
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tesla CEO Elon Musk seemed to rally behind GameStop‘s epic surge, tweeting out a link to the Reddit board that’s largely hyped the stock. Shares of GameStop were up more
Getty Images The Amazon Echo has some new home security features that are now going live. Among other things, your Amazon Echo can make it sound like a dog is barking inside your house if your security cameras sense movement when you’re not home. The feature is part of Alexa Guard Plus, a subscription service
Steve Proehl | Corbis Unreleased | Getty Images Apple promoted its hardware chief, Dan Riccio, to a new role “focusing on a new project.” He will report to CEO Tim Cook, Apple announced on Monday. Riccio was previously the company’s senior vice president for hardware engineering, signing off on the physical aspects and electrical engineering
Copies of ‘Grand Theft Auto V’ on display for sale at a GameStop store in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images The explosive rally in GameStop is showing no signs of slowing down as retail investors talking in chat rooms and hedge funds rushing to cover their short bets against the stock
Mike Speiser Source: CNBC Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an initial investment of less than $200 million in Snowflake into a stake worth $12 billion after its IPO in September. Sutter Hill amassed its fortune in the cloud software vendor in a unique way. The typical
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