A person using the Uber app in London. Peter Summers | Getty Images LONDON — Uber’s troubles in the U.K. aren’t over, despite winning back its license to operate London. The ride-hailing firm is awaiting a major ruling from the country’s top court on whether its drivers should be classified as employees rather than independent
Technology
CNBC | Todd Haselton Amazon gadgets like the Echo save a copy of everything you ask Alexa. That means there’s a whole collection of voice recordings logged for every request or command you’ve given Amazon’s voice assistant. Amazon says that Alexa only begins recording when it thinks you’ve said the wake word (the default is
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 CEO Steve Huffman will tell members of Congress on Thursday that no significant activity on the company’s online community WallStreetBets last
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook on Wednesday announced that
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes. Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%. The 49-year-old
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon has bought Selz, a company that makes tools to help businesses launch their own online stores. Amazon quietly acquired the e-commerce platform on
Russian President Vladimir Putin attends the Extended Boards of Interior Ministry on February 26, 2020 in Moscow, Russia. Mikhail Svetlov | Getty Images Russia hasn’t ruled out the idea of President Vladimir Putin talking to Tesla billionaire Elon Musk on social media app Clubhouse, according to multiple media reports. Kremlin spokesperson Dmitry Peskov on Monday
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Bitcoin’s price reached a new record high of almost $50,000 on Sunday, as major Fortune 500 companies showed support
From left, the flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019. Anthony Wallace | AFP | Getty Images Venture firm DCM just generated a $16 billion return from the IPO of Chinese social media app Kuaishou. The listing took place in Hong
The New York Stock Exchange welcomes Desktop Metal Inc. (NYSE: DM), today, Thursday, December 10, 2020, in celebration of its listing. To honor the occasion, Ric Fulop, Co-Founder and CEO, rings The Opening Bell®. NYSE Roger Lee of Battery Ventures says that “SPAC” used to be a “bad four-letter word” in Silicon Valley. Now, the
Kansas City Chiefs’ Patrick Mahomes in action, Super Bowl, Raymond James Stadium, Tampa, Florida, February 7, 2021. Shannon Stapleton | Reuters To understand the big challenge facing American media, look at Super Bowl ratings over the past ten years. This year’s game got 96.4 million viewers, the lowest rating since 2007. There are all sorts
The front of Qualcomm office on November 1, 2017 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images U.S. chipmaker Qualcomm has told regulators around the world that it is against Nvidia’s $40 billion acquisition of British chip designer Arm, according to sources familiar with the matter. The company has told
Amazon vans line up at a distribution center to pick up packages for delivery on Amazon Prime Day, July 16, 2019, in Orlando, Florida. Paul Hennessy | NurPhoto | Getty Images Last week, Amazon triggered privacy concerns when it confirmed it’s rolling out AI-enabled cameras in vans used by some of its contracted delivery partners.
CNBC recently got a tour of Lucid Motors’ new factory in Casa Grande, Arizona, where it will build its luxury electric sedan, the Air. The first phase of the facility was completed in November 2020, about a year from when construction broke ground. Lucid is currently building “release candidates” of the Air as it prepares
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report earnings for the first quarter of 2021 after the
Displays in Times Square outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Shares of Bumble, which operates the dating app under the same name,