The popularity and success of Tesla has proven there is demand for electric cars. Automakers are investing billions into an electric-powered future. Last year, 143 new EV’s launched around the globe. Analysts predict record growth of EV sales in 2021, especially in Europe and China. But, in the U.S., electric vehicles sales represented less than 2%
Technology
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum annual meeting in Davos. Fabrice Coffrini | AFP | Getty Images Alphabet and Google CEO Sundar Pichai sent a stern warning to all employees Friday, pointing them to a new settlement between the company and shareholders who alleged it did not respond appropriately
A pedestrian wearing a protective mask walks past signage at the Google San Francisco office in San Francisco, California, on Monday, July 27, 2020. David Paul Morris | Bloomberg | Getty Images Alphabet has reached a settlement on a shareholder lawsuit that accused the board of allegedly mishandling sexual misconduct by its executives. Execs will
Amazon’s flying security drone. Amazon Amazon is launching a new Ring security camera that’s fixed on top of a flying drone. Called the Ring Always Home Cam, it’s an autonomous indoor security camera that can fly inside your home and record footage of multiple viewpoints. Users set a path for the device to fly throughout the
Alexander Nix, CEO of Cambridge Analytica, center, arrives at the offices of Cambridge Analytica in central London, Britain, March 20, 2018. Henry Nicholls | Reuters LONDON — Alexander Nix, the former chief executive of Cambridge Analytica, has been banned from running limited companies in Britain for seven years. The U.K. Insolvency Service announced the decision
Attorney General William Barr appears before the House Oversight Committee on Capitol Hill, in Washington, U.S., July 28, 2020. Matt McClain | Reuters The Department of Justice proposed legislation Wednesday to reform a key legal liability shield for the tech industry known as Section 230. The draft legislation focuses on two areas of reform. First,
Echelon Prime bike Echelon Amazon is distancing itself from the $500 “EX-Prime” bike launched by exercise equipment maker Echelon Fitness, after the product was incorrectly marketed as a collaboration between the two companies. Echelon on Tuesday announced the so-called “Prime bike,” calling it “Amazon’s first-ever connected fitness product” that was “developed in collaboration with Amazon.”
Tesla CEO Elon Musk speaks outdoors at the company’s 2020 “drive-in” shareholder’s meeting and battery day on Sept. 22. Tesla CEO Elon Musk said, at the company’s 2020 annual shareholder meeting and battery day presentation that he expects vehicle deliveries to increase by 30 to 40 percent over last year, when the company reported deliveries
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Tesla shares sank 4% in premarket trading Tuesday, after CEO Elon Musk sought to manage expectations ahead of the electric carmaker’s “battery day” presentation. Musk’s firm
iPhone users can now customize their homescreens with colorful widgets and app icons. Kif Leswing/CNBC iPhone users are using the latest iOS update to customize their home screen with new icons, photo boxes, and even entire color schemes. The new iOS options match features long available for Android devices, which typically allow users to change
Microsoft’s CEO Satya Nadella speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Viva Technology, the new international event brings together 5,000 startups with top investors, companies to grow businesses and all players in the digital transformation who shape the future of
The Tencent Holdings Ltd. WeChat app is displayed in the App Store on a smartphone in an arranged photograph taken in Arlington, Virginia, on Friday, Aug. 7, 2020. Andrew Harrer | Bloomberg | Getty Images WASHINGTON — A U.S. judge in California halted the Trump administration’s ban on downloads of the Chinese-owned app WeChat early
Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Tesla plans to host its annual shareholder meeting, followed by a “battery technology day” presentation, on Tuesday, September 22. Elon Musk’s electric car company is likely to disclose specifications for at least one new type of battery
The download page for ByteDance Ltd.’s TikTok app is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia, on Monday, Sept. 14, 2020. Brent Lewin | Bloomberg | Getty Images President Donald Trump said Saturday he has approved in principle a deal in which Oracle and Walmart will partner with the viral video-sharing
Many people turn to Facebook for news, with almost 70% of adults in the United States using the platform in 2019, according to Pew Research Center. This large userbase means Facebook has a large effect on our society and our democracy. That was made evident in the 2016 presidential election. Since 2017, Facebook has removed over 100
Sequoia Capital Global Managing Partner Doug Leone speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California. Steve Jennings | Getty Images Even by Sequoia’s standards, this was a crazy week. The 48-year-old venture capital firm, long the envy of its Silicon Valley peers