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
Technology
Still from Michelob Ultra’s 2021 Super Bowl commercial. Michelob Ultra This year’s Super Bowl will be an extravaganza of first-time Super Bowl advertisers. Super Bowl mainstays like Pepsi, Coke and Budweiser aren’t buying ad time on this year’s game (Pepsi is still sponsoring the halftime show.) Instead, they’re being replaced by companies that had a
Doctor Richard Dang (R), Assistant professor USC School of Pharmacy, administers a Covid-19 vaccine to Ashley Van Dyke as mass-vaccination of healthcare workers takes place at Dodger Stadium on January 15, 2021 in Los Angeles, California. Irfan Khan | AFP | Getty Images People who get vaccinated against Covid-19 at Dodger Stadium leave with inoculation
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
US President Joe Biden speaks about the Covid-19 response as US Vice President Kamala Harris (L) looks on before signing executive orders in the State Dining Room of the White House in Washington, DC, on January 21, 2021. Mandel Ngan | AFP | Getty Images Like many in the tech industry, Amazon has cozied up
Apple adds more functions to the iPhone every year, but the more it can do, the more complicated it gets. If you recently got a new iPhone after sitting out several generations — or maybe just don’t fiddle around with your phone a lot — you might be missing out on some easy ways to
Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images Tesla is suing a former employee and software engineer named Alex Khatilov, alleging trade secret theft and breach of contract. In the complaint, the company accuses Khatilov of grabbing code and
A monitor displays a “Zuck Buck” as Mark Zuckerberg, chief executive officer and founder of Facebook Inc., testifies during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Oct. 23, 2019. Andrew Harrer | Bloomberg | Getty Images In a year when examining the power of the Big Tech companies became a
Bitcoin tumbled below $30,000 on Thursday, as the cryptocurrency continued its 2021 slide after quadrupling in value last year. The digital currency dropped 17% to $29,246.77, wiping out about $100 billion from the market, according to data from CoinDesk. It’s now down more than 30% since peaking at $41,940 earlier this month. The latest plunge,
President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, Jan. 20, 2021. Al Drago | Bloomberg | Getty Images Facebook on Thursday announced that it will refer its decision to indefinitely suspend the account of former President
U.S. President Joe Biden speaks during the inauguration of Joe Biden as the 46th President of the United States on the West Front of the U.S. Capitol in Washington, January 20, 2021. Brendan McDermid | Reuters Amazon on Wednesday offered to help with the national effort to distribute the Covid-19 vaccine, according to a letter
Alibaba founder Jack Ma has emerged after weeks out of the spotlight that sparked speculation about his whereabouts as his companies face increased regulatory scrutiny. In a video posted on Chinese social media, Ma addressed rural teachers as part of one his charity foundation’s initiatives. The annual event, which is usually hosted in the resort
The Queen’s Gambit on Netflix and Disney’s Mickey Mouse Netflix; CNBC Disney and Netflix pride themselves on storytelling. Now they’ve switched places when it comes to the tales they’re telling Wall Street. Netflix said on Tuesday that it would consider buying back shares for the first time since 2011. After nearly a decade of borrowing
Bob Bakish, president and chief executive officer of ViacomCBS Inc., center left, and Shari Redstone, chair of VicaomCBS Inc., applaud during the opening bell in celebration of the company’s merger at the Nasdaq MarketSite in New York, U.S., on Thursday, December 5, 2019. Michael Nagle | Bloomberg | Getty Images ViacomCBS said Tuesday it will
The Parler website home screen on a laptop computer arranged in the Brooklyn borough of New York, U.S., on Friday, Dec. 18, 2020. Gabby Jones | Bloomberg | Getty Images The website of Parler — a social media platform popular with conservatives and supporters of President Donald Trump — is back online, albeit in a
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Google on Sunday disputed claims from a group of attorneys general, led by Texas’ Ken Paxton, that its ad-buying arrangement