Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Google employees are pressing executives to bring back a part of the company’s culture that, in the past, made it a desirable place to work: candor.
Technology
Bob Iger, chief executive officer of Walt Disney Co., waves as he arrives for the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Tuesday, July 5, 2016. David Paul Morris | Bloomberg | Getty Images Disney chairman and former CEO Bob Iger told CNBC he began thinking about stepping down
The site of a roof collapse at an Amazon.com distribution center in Edwardsville, Illinois. Drone Base | Reuters Gary Quigley was nearing the end of his Amazon delivery route on Friday when he noticed the winds were picking up. Quigley had been listening to local radio stations in Edwardsville, Illinois, all afternoon to keep an
In this article CERN ORCL A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Enterprise software giant Oracle will buy electronic medical records company Cerner in an all-cash deal for $95 per share, or approximately $28.3 billion in equity value. The deal, expected to
In this article ZM Zoom will continue to be relevant after the pandemic even when people return to the office, according to an executive from the video communications company. More organizations are moving toward a hybrid work model in which employees work both in the office and from home each week. “I think there are
Chesnot | Getty Images For years, the U.S. government has maintained a side hustle auctioning off bitcoin and other cryptocurrencies. Historically, Uncle Sam has done a pretty lousy job of timing the market. The 500 bitcoin it sold to Riot Blockchain in 2018 for around $5 million? That’s now worth north of $23 million. Or
Chris Ratcliffe | Bloomberg | Getty Images When Kickstarter unveiled its ambition to develop a blockchain-based crowdfunding system, the company characterized the move as a way to push creators closer to their audiences. “Backers should be able to easily discover and participate more deeply in projects, better control their data, and have more robust tools
Chairman of Disney Michael Iger arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images New year prediction pieces are a journalism standard. But instead of giving my own projections, I asked 10 media executives, the promise of anonymity, to give me their
Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz is buying the dip. Again. The billionaire co-founder and CEO of cloud software vendor Asana bought $81 million worth of the company’s stock this week as part of a pre-arranged trading plan, bringing his purchases for the
The future of bitcoin is anyone’s guess, but one academic has warned that the world’s most popular cryptocurrency could fade out in the near future. Eswar Prasad, senior professor of international trade policy at Cornell University, told CNBC’s “Squawk Box Europe” earlier this month: “Bitcoin itself may not last that much longer.” Bitcoin’s price has
An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple told staff on Wednesday that it is delaying a planned return to offices for corporate workers until an undetermined date, according to reports from Bloomberg News and NBC News
Workers at an indoor vertical farm in Las Vegas where they grow fresh produce and use 90 percent less water than a traditional farm and eventually plan to fully automate harvesting. Source: Oasis Biotech Infarm, an Amsterdam-headquartered start-up that grows food indoors in racks, has been valued at over $1 billion in a new $200 million
Apple store employees wearing masks talk to a customer through an open door at the Oculus shopping center amid the coronavirus pandemic on May 21, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 334,000 lives with over 5.1 million cases. Alexi Rosenfeld | Getty Images Apple temporarily
U.S. Commerce Secretary Gina Raimondo speaks during a Reuters interview at the Department of Commerce in Washington, September 23, 2021. Kevin Lamarque | Reuters Commerce Secretary Gina Raimondo said she is committed to the administration’s goal of universal broadband by 2030, but cautioned that distributing funds from the new infrastructure law to meet that deadline
In this article GOOGL Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert
The Desperate ApeWives NFT collection on display at Art Basel Miami on Dec. 1, 2021. Erika Goldring | Getty Images A non-fungible token trader reportedly sold a highly sought-after NFT for $3,000 rather than $300,000 due to a “fat-finger” error. The trader, identified only as Max or “maxnaut” online, told tech news website CNET that
The site of a roof collapse at an Amazon.com distribution center in Edwardsville, Illinois. Drone Base | Reuters The Occupational Safety and Health Administration is investigating a collapse at an Amazon warehouse in Edwardsville, Illinois, an agency spokesperson said Monday. The collapse was caused by a tornado that devastated the area and killed six workers.
In this article IT A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The global chip shortage has been rumbling on all year and still hasn’t gone away. But what does that mean for Christmas? Will some presents be harder to get hold of
The semiconductor industry is on track to record exponential growth over the next decade, according to the CEO of Abu Dhabi sovereign wealth fund Mubadala, who said chipmakers are poised to play a “crucial” role in the global economy. “It took 50 years for the semiconductor business to turn into a half a trillion-dollar business.
HashiCorp at the Nasdaq market site, December 9, 2021. Source: Nasdaq When Amazon Web Services, the biggest provider of cloud-computing infrastructure, suffered an hours-long outage on Tuesday, Disney+, Netflix, Robinhood, Roku and many other popular websites and apps faced major disruptions. The incident quickly rekindled a debate on how organizations can minimize the impact of an