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Twitter co-founder Ev Williams is leaving the company's board
Twitter Co-founder and former CEO Ev Williams is stepping down from the company's board. Twitter Co-founder and former CEO Ev Williams is stepping down from the company's board, according to a Friday filing with the Securities and Exchange Commission. 'It's been an incredible 13 years, ...
VW CEO says he hopes he's done enough to please Trump and avoid tariffs
On a global basis VW Group posted 2018 full-year revenues of 235.8 billion euros ($267.5 billion) on Friday.Volkswagen has said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility services by 2023. ...
US, China extend trade talks as Trump and Xi express optimism
The U.S. and China agreed to extend trade negotiations by two days, amid optimism on both sides.'I think we're making a lot of progress,' Trump said during an Oval Office meeting with China's vice premier, adding that there was a 'very good chance a deal could be made. ...
Virgin Galactic astronauts describe 'surreal' spaceflight: 'The views are absolutely extraordinary'
Only hours after the flight, the three crew members spoke to CNBC about their experience.'The Earth was so beautiful and so clear,' Beth Moses, chief astronaut trainer, said: 'It was sensationally intense.''What I really took away was how quiet it was ... I just took away the peacefulness, ...
US in 'good shape' in 5G race, on the cusp of 'significant' tech breakthroughs: FCC commissioner
The United States is in 'good shape' as it races to establish dominance in 5G wireless technology, says FCC Commissioner Brendan Carr.The U.S. is facing stiff competition to build the networks before Chinese companies do.'We are really on the cusp of some significant technological breakthroughs, ...
Microsoft workers protest $480m HoloLens military deal: 'We did not sign up to develop weapons'
Dozens of Microsoft employees have signed a letter protesting the company's $480 million contract to supply the U.S. Army with augmented reality headsets intended for use on the battlefield. Under the terms of the deal, the headsets, ...
Stamps.com threw USPS under the bus and cratered 57% because it's betting big on Amazon shipping
The company revealed Thursday it revoked the exclusivity stipulation of its deal with USPS, ultimately spurring the complete termination of its partnership.It championed Amazon's foray into the shipping space, as reported in an SEC filing earlier this month. ...
Frenemies BMW, Daimler team up on ride-sharing, mobility services as partnerships become the norm
The two German-based luxury automakers first announced plans to team up last spring and are now ready to set in motion projects including ride- and car-sharing, as well as electric vehicle charging.The project, which is expected to see them invest a combined 1 billion euros, or $1.13 billion, ...
Trump: Amazon's decision to pull HQ2 is 'a big loss for New York City'
Uncharacteristically taking the same side as Amazon, President Donald Trump called HQ2 'a big loss for New York City.'Trump has taken aim at Amazon and its CEO in the past, even going as far as to call him 'Jeff Bozo' in a past tweet. ...
How an Israeli start-up turned the cellphone into a testing lab for kidney disease
An Israeli digital health start-up called Healthy.io has developed an FDA-cleared at-home smartphone urinalysis test to help people test their kidneys for proteins, a sign of damage to the organ.Thirty million Americans have chronic kidney disease, often due to diabetes and hypertension; ...
Facebook reportedly gets deeply personal info, such as ovulation times, from some apps
Several apps share highly sensitive data with Facebook even if users do not have a Facebook account, testing by The Wall Street Journal finds.Among the apps sending information to Facebook are a period-tracking app, a heart-rate monitoring app and a homebuying app, the Journal says. ...
Richard Branson's Virgin Galactic reaches space again, this time with first test passenger
Virgin Galactic told CNBC that the company's spaceflight on Friday had a test passenger on board for the first time.'Beth Moses is on board as a crew member,' a Virgin Galactic spokeswoman told CNBC. ...
Tesla begins Model 3 delivery in China ahead of schedule
Tesla announced Friday during an event in Beijing that it's beginning delivery of the Model 3 in China, at least a week earlier than expected.Elon Musk's electric car company said in January it planned to start deliveries of the vehicle in China in March. ...
Apple and Goldman Sachs partnering on a credit card for the iPhone, WSJ says
Apple and Goldman Sachs plan to begin rolling out a joint credit card this spring, according to the Wall Street Journal on Thursday.The card will use Mastercard's network, the WSJ reported.'This is clearly not a gamechanger,' Credit Suisse said in a note to investors on Thursday. ...
Jeff Bezos explains how his rocket for space tourists will help Blue Origin take on SpaceX
Jeff Bezos explained at an event Wednesday how his space company, Blue Origin, is learning from test flights of rocket New Shepard, according to Space News.He reportedly said that the lessons from the company's New Shepard rocket are informing its development of the massive New Glenn rocket. ...
SoftBank is leading a $1 billion investment in logistics start-up Flexport
SoftBank's Vision Fund is leading a $1 billion round in Flexport, a shipping and logistics company.The company is reportedly valued around $3 billion. SoftBank's Vision Fund just made one of its biggest start-ups investments yet, ...
Tesla customers describe maddening problems with returns and refunds
Tesla CEO Elon Musk frequently touts the company's refund and return policy when encouraging people to buy his company's electric vehicles.Today, some Tesla customers say the company left them stressed and stranded, waiting months to be paid back for returned cars or canceled reservations. ...
Zillow CEO Spencer Rascoff is out — co-founder Rich Barton is taking over; stock volatile
Rascoff, also a co-founder, served as CEO for nearly a decade. He recently oversaw a tumultuous transition for Zillow as the home buying platform moved into mortgage lending and buying and selling homes.Zillow has revealed headwinds in its new business segment in recent months. ...
NYC developer: Ironically, many of protested Amazon perks are 'on the books' for all newcomers
The political pressure that sunk Amazon's New York City deal was borne out of a lack of understanding of the benefits, argues billionaire William Rudin.About 65 percent of the Amazon tax incentives are available to any company looking to bring operations to the city's outer boroughs, he says. ...
Google's cloud business lags far behind Microsoft and Amazon, and the stock is falling
A new Reuters analysis found that Google lags far behind its peers, Amazon and Microsoft, in the cloud business.Out of 311 businesses that disclosed their cloud providers, the report found just 35 companies named Google as its vendor, compared to 227 that named Amazon Web Services. ...