Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Splunk shares rose as much as 14% in extended trading on Friday after the Wall Street Journal reported that Cisco made an offer to buy the data analytics software company for over $20 billion. At the peak of its
US News
In this article NFLX Chesnot | Getty Images The bizarre case of a New York couple accused of trying to launder $4.5 billion in bitcoin stolen by a 2016 hack will be the subject of a docuseries on Netflix, the streaming company said Friday. The announcement comes just three days after the couple, Ilya “Dutch”
Note: SpaceX is producing the webcast for this event. [The livestream is slated to begin at 9 p.m. ET. Please refresh the page if the web player above is not visible.] SpaceX CEO Elon Musk is giving an update on Thursday evening about the next-generation rocket Starship, which has moved from the drawing board into
The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images A lawyer for the New York couple accused of an “extraordinarily complex” scheme to launder $4.5 billion in stolen bitcoin argues in a court filing that they are not a
In this article NFLX DIS In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images The Streaming Wars are heating up — at least between Disney and Netflix. Disney added 11.8 million Disney+ subscribers globally in the fiscal first quarter, topping the average analyst estimate
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should be looking at shedding mortgage-backed securities it is holding. “Each meeting is going to be in play,” Mester said Wednesday at a virtual
In this article EPC Edgewell Personal Care CEO Rod Little told CNBC on Tuesday he expects demand for the company’s care and grooming products to increase in the coming months, as the intensity of the coronavirus pandemic wanes. “I would guess by the time we get to late spring, summer in our categories, you’re going
People walk past an Apple retail store on July 13, 2021 in New York City. Angela Weiss | AFP | Getty Images Apple is increasing benefits for U.S. retail workers, including doubling sick days for full-time and part-time employees, an Apple representative confirmed to CNBC. The move indicates that Apple is making changes to attract
The massive amount of automation and digital transformation taking place in the business world would be impossible if companies needed to code all of it “the old-fashioned way.” Low-code and no-code platforms are building new applications faster and allowing non-coders within a company to be involved. Joe Raedle | Getty Images Computers are getting better
The sign at the McDonald’s restaurant on Penn Ave in Sinking Spring, PA April 8, 2021 with a message on a board below it that reads “Work Here $15 And Free Meals”. Ben Hast | MediaNews Group | Getty Images Too much of a good thing, in the form of rapidly rising wages, is expected
In this article MGM STZ DGE-GB An employee pours tequila into the popular Mountain Dew Baja Blast frozen drink at the new Taco Bell Cantina in Brookline, MA. John Tlumacki | Boston Globe | Getty Images Tequila could soon overtake vodka as America’s favorite liquor, fueled by consumers’ desire for pricey bottles of agave-based spirits.
An armored personnel carrier is seen during tactical exercises, which are conducted by the Ukrainian National Guard, Armed Forces, special operations units and simulate a crisis situation in an urban settlement, in the abandoned city of Pripyat near the Chernobyl Nuclear Power Plant, Ukraine February 4, 2022. Gleb Garanich | Reuters A Russian invasion of
It’s been another wild week for bitcoin. The cryptocurrency surged 11% on Friday, bringing it back above $40,000 for the first time in two weeks. A few days earlier, it had slumped below $37,000. But while bitcoin remains volatile, Betterment’s Dan Egan says it is turning into a portfolio staple. In the early days of
In this article BTC.CB= Sen. Ted Cruz, R-Texas, questions U.S. Capitol Police Chief J. Thomas Manger during the Senate Rules and Administration Committee hearing on “Oversight of the U.S. Capitol Police Following the January 6th Attack on the Capitol, Part III”, in Washington, January 5, 2022. Tom Williams | Pool | Reuters Sen. Ted Cruz
In this article F Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor is cutting production next week of several key products due to an ongoing global shortage of semiconductor chips. The automaker on Friday confirmed production downtime next week for the Ford Bronco
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in Regent, a start-up building electric seagliders that can fly low over the water at a top speed of 180 miles per hour. Rather
In this article LUV Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty Images Southwest Airlines will resume alcohol sales on most of its flights this month after nearly two years, a pause it extended
In this article SPOT Spotify shares are down more than 16% mid-day Thursday after middling growth projections disappointed some investors. But CEO Daniel Ek said that the growth projections for Q1 shouldn’t be such a big deal for investors. “Let’s just start with our Q4. 406 million users, 180 million subs. It was our biggest