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Innovation

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  • Silicon Valley's unicorns   Wednesday, 25 Mar 2015 | 1:44 PM ET
    Silicon Valley's unicorns

    Unicorns in Silicon Valley are startups valued at $10 billion and higher. CNBC's Josh Lipton looks at which technology startups are getting the most attention.

  • Fear gone in Silicon Valley: McNamee   Wednesday, 25 Mar 2015 | 12:19 PM ET
    Fear gone in Silicon Valley: McNamee

    Roger McNamee, Elevation Partners co-founder, discusses what he believes is a bubble brewing in Silicon Valley.

  • Science, patients driving rare disease drug research surge Wednesday, 25 Mar 2015 | 10:38 AM ET

    TRENTON, N.J.— The global pharmaceutical industry is pouring billions of dollars into developing treatments for rare diseases, which once drew little interest from major drugmakers but now point the way toward a new era of innovative therapies and big profits. The investments come as researchers harness recent scientific advances, including the mapping of...

  • Chicago's 7 most innovative companies Tuesday, 24 Mar 2015 | 10:00 AM ET
    Chicago's skyline reflects on a sculpture in Millennium Park.

    Move over Silicon Valley. The Windy City has become an incubator for start-ups attracting the attention of venture capitalists.

  • The Air Force said it had worked closely with Space Exploration Technologies, or SpaceX, to map out the "relatively small amount of work" that needs to be done before completing the certification process. Officials also are looking at contamination control as they wrap up the SpaceX certification process, the Air Force said. The Air Force said it and SpaceX...

  • Instagram introduces new app for photo collages Monday, 23 Mar 2015 | 5:57 PM ET

    NEW YORK— Instagram's latest stand-alone app, released Monday, lets users combine multiple photos and post them as a single image. Called Layout, it is the second app that Facebook-owned Instagram has released. Last August, it came out with Hyperlapse, which lets users create time-lapse videos to share on Instagram.

  • *Up from three potential $1 billion- plus drugs in 2014. LONDON, March 23- Bristol-Myers Squibb, Sanofi and Novartis have the three top new drugs set to reach the market in 2015, among 11 products each with $1 billion- plus sales potential, according to a Thomson Reuters analysis. In total, 11 of the many new drugs set for launch in 2015 are expected to generate $1 billion-...

  • WASHINGTON— The small Lego machine inside the White House whirred, and in a moment it was turning the pages of a story book. "We had a brainstorming session," one of the five 6- year-old Girl Scouts replied. The kindergartners and first graders from Tulsa, Oklahoma, were among 35 young science fair winners who came to the White House Monday to showcase breakthroughs...

  • *Up from three potential $1 billion- plus drugs in 2014. LONDON, March 23- Bristol-Myers Squibb, Sanofi and Novartis have the three top new drugs set to reach the market in 2015, among 11 products each with $1 billion- plus sales potential, according to a Thomson Reuters analysis. In total, 11 of the many new drugs set for launch in 2015 are expected to generate $1 billion-...

  • NEW YORK/ BOSTON, March 20- Rapid7, LogRythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter. Shares of publicly traded cybersecurity firms have outperformed the market in recent months, as...

  • 6 seismic shifts that will challenge your business Friday, 20 Mar 2015 | 10:00 AM ET
    Man writing business concept on board

    Innovation is also known as creative destruction for good reason: It wipes out companies. Prepare for these 6 trends before it's too late.

  • *Chairwoman Cher Wang to double as CEO. TAIPEI, March 20- HTC Corp on Friday named Cher Wang as chief executive, giving its founder and chairwoman a bigger role in leading a potential turnaround of the Taiwanese smartphone maker. She replaces Peter Chou, who will lead product development as head of the HTC Future Development Lab, an executive role focusing on...

  • *PM Abe wants R&D agency to work with Japanese companies. TOKYO, March 20- Japan plans to get its biggest state-funded research and development agency involved in military research for the first time in a bid to lure more Japanese companies into the development of cutting-edge weapons technology, two sources said. Prime Minister Shinzo Abe wants the New Energy...

  • Thailand's outdated tech sector casts cloud over economy Wednesday, 18 Mar 2015 | 5:00 PM ET

    BANGKOK, March 19- Next month the last batch of televisions will roll off the production line at LG Electronics' plant in Thailand's Rayong province, just east of Bangkok. The move is part of a downward trend for Thailand's once-booming electronics industry, that is struggling to find a foothold in the global supply chain for modern technology like smartphones...

  • Charity attacks Gilead over hepatitis C drug restrictions Wednesday, 18 Mar 2015 | 4:17 PM ET

    March 18- Charity Medecins Sans Frontieres has accused U.S. drugmaker Gilead Sciences Inc of restricting access to its breakthrough hepatitis C drug Sovaldi in developing countries as it tries to protect profit margin in wealthier nations. "We're seeing Gilead trying everything it can to squeeze every last drop of profit out of some middle-income and...

  • Apple augmented reality coming?   Wednesday, 18 Mar 2015 | 10:07 AM ET
    Apple augmented reality coming?

    Gene Munster, Piper Jaffray, discusses Apple's possible plans to take a try at augmented reality.

  • BoE says plans to introduce Libor alternative next year Wednesday, 18 Mar 2015 | 9:49 AM ET

    LONDON, March 18- The Bank of England said on Wednesday it aims to introduce next year an alternative to the discredited Libor interest rate at the centre of a rigging scandal. Libor is a benchmark which underpins around $450 trillion of financial products from mortgages to student loans worldwide. "I believe that this is a critical component of the interest rate...

  • Tesla Motors CEO Elon Musk speaking in Detroit, January 13, 2015.

    Tesla CEO Elon Musk shared his prediction for the car industry. In the future, he says, driving may be outlawed.

  • *Backers include British govt, GSK, J&J, Pfizer, Lilly, Biogen. Drug companies involved include GlaxoSmithKline, Johnson& Johnson, Eli Lilly, Pfizer and Biogen Idec. The initiative, announced by Britain's health minister Jeremy Hunt at a meeting in Geneva on Tuesday, follows a Group of Eight nations conference in London in December 2013 that set a goal of finding a...

  • TRENTON, N.J.— Major drugmakers, the British government and a top Alzheimer's research charity are pooling more than $100 million to create a global fund to accelerate efforts to find a treatment or even a cure for the mind-robbing disease within a decade. Jeremy Hunt, the UK health secretary, was to announce the new fund Tuesday in Geneva at the World Health...