Ten 2020 Democratic presidential candidates will take the debate stage Wednesday at the Adrienne Arsht Center for the Performing Arts in Miami.2020 Electionsread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating and a price target 15% below where the stock closed.Marketsread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor...Retailread more
"As a private company we don't have the tools to make the Russian government stop," Facebook CEO Mark Zuckerberg said at the Aspen Ideas Conference on Wednesday. "We can...Technologyread more
HPV infections declined substantially since a vaccine was introduced, providing 'strong evidence' the vaccine prevents cervical cancer in the real world, according to a World...Health and Scienceread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
This year, the event to which some refer affectionately as "Spring Break for nerds" is attracting a new brand of geek — the political kind.
Year after year, SXSW has become a sure draw for entertainers, as well as media and technology titans. In some ways, the Austin, Texas conference becomes the closest thing America has to Davos, where the World Economic Forum takes place annually.
Yet this time around, SXSW has come to resemble Davos in more ways than one. While technology has always co-mingled with politics, the 2016 SXSW conference kicked it up a notch.
On Friday, President Barack Obama kicked off the event with a keynote speech, a SXSW first for a sitting president, and his wife is also due to address the conference later this week (also a first). And alongside the president and first lady were a number of White House operatives who were fixtures in several of SXSW's countless panel discussions.
In his speech, Obama called on the tech community to help solve government issues and increase civic engagement. "We are at a moment in history where technology, globalization, our economy is changing so fast," he said to a packed room at the Long Center in Austin, TX.
He acknowledged that his past political campaigns were known for, "having really cool technology, and social media," and defended his work in the White House.
Obama gave a list of his accomplishments during his tenure that boosted the role of technology, including student aid, Social Security, and his controversial health care plan. The Affordable Care Act had a famously rocky roll out, and was plagued with technical difficulties for months.
With his time in office growing shorter, Obama asked the conferees "how can we start coming up with new platforms, new ideas, new approaches across disciplines and across skill sets to solve some of the big problems that we're facing today?"
He also asked attendees to visit the White House website and its platforms to submit ideas.
Jag Bath, CEO of Austin-based online delivery app, Favor, was present during Obama's SXSW speech. He told CNBC he was surprised when the President acknowledged his mistakes surrounding Healthcare.gov.
"He essentially had to hire a tech swat team that didn't have to follow the rules and didn't have much red tape, unlike the rest of the government," Bath said. "It came across as very authentic. He wrapped up almost seeming like he was trying to recruit the audience."
Amid the panel discussions and eye-grabbing exhibits, a number of White House officials were panelists, and were seen mixing and mingling with the tech geeks, musicians and actors.
Mark Walsh, appointed as Head of the Office of Investment & Innovation for the U.S. Small Business Administration, participated at SXSW. Prior to joining the government, Walsh, who spent most of his career in the private sector and held positions for HBO, General Electric and AOL, said the government needed to do better in communicating its tech know-how to the public.
"This government isn't a very good marketer of its services," Walsh told CNBC. Most of the time, "people think of government as regulators but our role is about discovering, connecting and fueling ideas and startups," he added.