The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Pioneering astronaut Buzz Aldrin is best known for being the second man to step foot on the moon. Now, he's stepping into a new space -- virtual reality -- and hoping to inspire interest in space exploration and communicate his plan to send humans to Mars to this and future generations.
At the South by Southwest conference in Austin, Texas, the 87-year old former astronaut and engineer debuted his new VR experience, created by virtual reality company 8i, called "Cycling Pathways to Mars." The 10-minute immersive experience is being billed as "the first legacy virtual reality project," which guides users on a trip to the moon and the red planet.
In an interview with CNBC, Aldrin said virtual reality provides a "great experience of almost being there… and that's going to be wonderful for expressing a number of ideas." While Aldrin is excited about the technology as a teaching tool, he said VR is still "an individual participation," and admitted that his VR film likely won't reach mass audiences.
Virtual reality technology has struggled to break into the mainstream, as costly headsets and limited premium content have failed to spark consumer demand. Still, the technology is ubiquitous at South by Southwest this year, with more than 40 official VR events, including a VR competition, and panels on topics like funding VR content, VR in Hollywood and "love in a virtual/augmented age."
For Aldrin, presenting his ideas in virtual reality is just the first step in advancing interest in space travel. Perhaps more important is convincing the government that space exploration is a worthwhile venture, and working with private space companies to make his ideas a reality.
Last week, Aldrin met with vice president Mike Pence at the White House to "shape the space policy of our administration," according to a tweet from Mr. Pence. When asked whether he thinks the Trump administration will continue to invest in space, Aldrin said "I do… that number hopefully won't go down."
Aldrin said that while Congress is focused on doing "the same thing over and over," private companies like Amazon CEO Jeff Bezos' Blue Origin are innovating in new ways.
"I think we will follow the lead of some advancing rocket engines that Blue Origin is coming along with," he said. Aldrin said he has been in touch with both Bezos and SpaceX founder Elon Musk "quite a bit recently," and said he and son are part of a study being done "to implement Elon Musk's plan to go to Mars."
When asked whether he thinks a mission to Mars will happen in the near future, Aldrin said there are still steps that must be taken first to make it affordable and sustainable. "You don't just go to Mars for a day and come back like we did with the moon," he said.