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Enterprise Innovation


  • BRUSSELS, Oct 28- Europe should not shut itself off to "new business models" offered by the sharing economy and companies such as Uber, the EU's executive Commission said on Wednesday as it launched plans to revamp the bloc's single market. "It would be very sad if Europe was the only continent which denied new business models and this would lead to bad situations in...

  • NEW YORK, Oct 27- Growing sales of expensive new cancer drugs and other newer medicines propelled top U.S. drugmakers Pfizer Inc, Merck& Co and Bristol-Myers Squibb Co to stronger-than-expected third-quarter profits. The results, announced on Tuesday, demonstrate that the "patent cliff" that had been hurting earnings as huge-selling drugs like Pfizer's...

  • NBA to broadcast live event in virtual reality Tuesday, 27 Oct 2015 | 7:00 AM ET

    The NBA will make history Tuesday as the league will become the first to broadcast a live professional sports game in virtual reality.

  • This DeLorean can drift and do donuts without a driver Tuesday, 27 Oct 2015 | 6:45 AM ET
    This DeLorean can drift and do donuts without a driver

    A research team at Stanford University developed an electric, self-driving DeLorean that can do killer tricks.

  • Technology veteran: Focus on big-picture Monday, 26 Oct 2015 | 3:00 PM ET
    Ali Rowghani, former chief operating officer of Twitter

    Start-up incubator Y Combinator shifted more investing influence to Ali Rowghani. He told CNBC why he's playing the waiting game.

  • Athenahealth up 22% after beat Friday, 23 Oct 2015 | 11:16 AM ET
    Athenahealth up 22% after beat

    Athenahealth CEO Jonathan Bush, discusses creating the health care Internet, and the newly launched campaign "Let Doctors Be Doctors."

  • China to expand tax breaks for R&D, venture capital Wednesday, 21 Oct 2015 | 8:51 PM ET

    SHANGHAI, Oct 22- China will expand preferential tax policies for firms engaged in research and development beginning in 2016, according to a statement posted Wednesday night on the State Council website following a Council meeting chaired by Premier Li Keqiang. Venture capital firms investing in new technology start-ups for more than two years will also...

  • China's largest shipbuilder China State Shipbuilding Corp and Carnival Corp will buy and operate cruise ships for the yet to be named cruise line. CSSC and state-owned sovereign wealth fund China Investment Corp will own 60 percent of the venture and Carnival Corp will own the rest, Carnival Corp Chief Operating Officer Alan Buckelew said on a media call.

  • Smart guitar strikes a new chord Wednesday, 21 Oct 2015 | 9:30 AM ET
    Smart guitar strikes a new chord

    Tech start-up Zivix has found an innovative way to string along guitar novices – with a new set of strings.

  • The secrets behind a successful app Tuesday, 20 Oct 2015 | 6:45 AM ET
    The secrets behind a successful app

    Burner CEO Greg Cohn explains what it takes to create a popular app.

  • WASHINGTON, Oct 19- The business development company Starburst Accelerator, which calls itself the world's largest incubator for aerospace startups, said on Monday it has signed agreements with Boeing Co, Raytheon Co and other big companies looking for new technologies. It opened its new California office on Oct. 2 with an event similar to the "Shark Tank"...

  • *Nuclear deal to be implemented this year, Iran says. NEW YORK, Oct 19- Crude oil fell about 4 percent on Monday after a tumble in gasoline futures added pressure to a market slumping on slower growth in China and signs that Iranian oil will return to the market soon following implementation of its nuclear deal. "The products markets seem to be taking a hit over...

  • NEW YORK, Oct 19- Crude oil fell 3 percent on Monday as tumbling gasoline prices deepened a selloff sparked by China's slowing growth and signs that a nuclear deal waiving sanctions on Iranian oil will be implemented this year. "The products markets seem to be taking a hit over concerns the refinery maintenance season has peaked, and there could only be inventory...

  • Venture capital cools in third quarter Friday, 16 Oct 2015 | 12:02 AM ET
    Venture capital data chart

    Venture capital investments simmered down slightly, but are still on pace for a white-hot year.

  • PALO ALTO, Calif., Oct 14- Newer Tesla Motors Model S sedans will be able to steer and park themselves under certain conditions starting Thursday, the carmaker said, although Chief Executive Officer Elon Musk cautioned that drivers should keep holding the steering wheel. New "autopilot" features, designed for cars built after September 2014, will be available for...

  • Here's what Chinese consumers will want next Wednesday, 14 Oct 2015 | 10:00 AM ET
    Human brain high tech illustration

    And artificial intelligence will be hot for Chinese consumers, but 3-D printing will be all the rage in Europe.

  • PepsiCo says to launch mobile phones in China Monday, 12 Oct 2015 | 1:41 PM ET

    Oct 12- PepsiCo Inc said it is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months.

  • What's driving growth in London's Fintech sector Monday, 12 Oct 2015 | 12:33 AM ET
    What's driving growth in London's Fintech sector

    Lawrence Wintermeyer, CEO of Innovate Finance, says factors such as cooperative regulators support the growth of the financial technology sector in London.

  • Here are the strategic priorities of UBS Sunday, 11 Oct 2015 | 11:52 PM ET
    Here are the strategic priorities of UBS

    Oliver Bussmann, Group Chief Information Officer at UBS, names innovation and digitization among the Swiss bank's strategic priorities as the financial services industry undergoes major digital disruptions.

  • Brisk biz of Pumpkinsteins Friday, 9 Oct 2015 | 8:46 AM ET
    Brisk biz of pumpkinsteins

    CNBC's Jane Wells reports on one farmer who turned his "Frankenfruit" dreams into pumpkin profits.