In this article 1810-HK A Xiaomi logo is seen at a Xiaomi store on June 22, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images GUANGZHOU, China — Chinese electronics giant Xiaomi has acquired an autonomous driving start-up, jumping into an extremely competitive area, while trying to diversify its business beyond
Technology
In this photo illustration, the OnlyFans is seen displayed on a smartphone. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images LONDON — OnlyFans said Wednesday it has “suspended” plans to ban pornography, in a stunning U-turn that came after fierce backlash from its users. A spokesperson for the online subscription platform told CNBC
In this article MSFT Microsoft’s Xbox Series S (L) and Xbox Series X consoles. Phil Barker | Future Publishing | Future via Getty Images Microsoft is bringing its cloud gaming service to Xbox consoles later this year. The company announced Tuesday that Xbox Cloud Gaming, which lets players stream games rather than having to install
In this photo illustration, the OnlyFans logo is displayed on a smartphone. Sheldon Cooper | SOPA Images | LightRocket via Getty Images OnlyFans founder and CEO Tim Stokely says the online subscription platform had “no choice” but to ban pornography after “unfair” treatment by banks. Last week, OnlyFans said it would no longer allow “sexually
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk on Monday called the latest release of the company’s experimental driver assistance software, FSD Beta 9.2, “actually not great” on Twitter. Specifically, Musk wrote: “FSD
In this article COIN Chesnot | Getty Images Digital currency company Circle had long claimed its stablecoin, USD Coin, was backed 1:1 by actual dollars in a bank account. In July, it was revealed this was no longer the case, with Circle disclosing in an “attestation” from auditors Grant Thornton that cash made up just
In this article LTC.CM= ETH.CM= BCH.CM= BTC.CM= PYPL PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting this week. It marks the the first
Satya Nadella, chief executive officer of Microsoft Corp., speaks during an Economic Club of New York event in New York, U.S., on Wednesday, Feb. 7, 2018. Nadella discussed the responsibility tech companies need to take over the future of artificial intelligence. Mark Kauzlarich | Bloomberg | Getty Images Personal computers with Windows have made sounds
Crypto trader and vlogger Farhan Hotak traveling to the Shah Wali Kot District in Afghanistan. Farhan Hotak isn’t your typical 22 year-old Afghan. In the last week, he helped his family of ten flee the province of Zabul in southern Afghanistan and travel 97 miles to a city on the Pakistani border. But unlike others
The OnlyFans logo displayed on a laptop. Gabby Jones | Bloomberg | Getty Images OnlyFans is banning the one thing most users go to its site for: pornography. The U.K.-based content subscription service said Thursday it would no longer allow “sexually explicit” content, starting from Oct. 1. OnlyFans said the decision was taken to comply
In this article TSLA Elon Musk Tesla Bot Tesla will build a humanoid robot called Tesla Bot, CEO Elon Musk said on Thursday. “We’re also good at sensors and batteries and we’ll probably have a prototype next year that looks like this,” Musk said, shortly after an actor in a body suit designed to look
In this article AMZN John MacDougall | AFP | Getty Images Amazon is planning to open large retail locations that resemble department stores, according to a Wall Street Journal report. The newspaper, citing people familiar with the plans, reported that some of the first Amazon department stores are expected to be in California and Ohio.
In this article VIAC CMCSA Brian Roberts, Chairman and CEO of Comcast David A. Grogan | CNBC Comcast and ViacomCBS are partnering to launch a European streaming service, the companies announced Wednesday. The service, dubbed “SkyShowtime,” is expected to launch in 2022 and roll out in more than 20 European countries including Spain, Portugal and
In this article PLTR Alexander Karp, CEO of Palantir Technologies Inc. Getty Images While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company
In this article TSLA Federal vehicle safety regulators launched a formal investigation into Tesla‘s Autopilot system following a series of crashes that have left at least 17 people injured and 1 dead, according to documents posted to the National Highway Traffic Safety Administration on Monday. Autopilot is Tesla’s limited self-driving feature that still requires a
In this article 9999-HK 700-HK 7974.T-JP MSFT 6758.T-JP Gamers visit Sony’s PlayStation booth at the annual China Joy gaming conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC GUANGZHOU, China — For 14 years, gaming consoles from the likes of Sony, Microsoft and Nintendo were banned in China. The ban was finally lifted
Kevin Paffrath, Kevin Paffrath smiles for a selfie in front of the California State Capitol in Sacramento on Friday, July 16, 2021. Kevin Paffrath via AP Last year at this time, Kevin Paffrath was focused on his YouTube channel, where his half-million-plus followers could tune in for daily commentary on housing, stocks and stimulus checks.
Cynthia DiBartolo, CEO, Tigress Financial Partners, at the New York Stock Exchange. Source: NYSE Robinhood’s highly anticipated IPO last month was led by Wall Street heavy hitters Goldman Sachs and JPMorgan Chase. But the extensive list of underwriters also included boutique minority-owned firms Ramirez & Co. and Siebert Williams Shank. Of the 17 firms that
Dan Elitzer and Jeremy Rubin rolled out the “MIT Bitcoin Project” in 2014. Christopher A. Maynor Jeremy Rubin was a sophomore studying computer science and electrical engineering when he decided that he wanted to give every undergraduate student at the Massachusetts Institute of Technology $100 worth of bitcoin. Seven months later – armed with half
In this article NFLX DIS Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since mid-March due the coronavirus pandemic. Paul Hennessy | SOPA Images | Getty Images This round,