SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Business Newsread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
Bitcoin has recovered somewhat in the past few days, but its value is still almost $200 billion less than when it hit its record high in December 2017.
The flagship cryptocurrency is trading just above $8,400 on Wednesday, according to CoinDesk, but that's still some 58 percent off the $19,783.21 record from December. Market capitalization or value is down by almost $200 billion since then.
CNBC examines the inner workings of bitcoin and blockchain technology in its newly-launched podcast, “Beyond the Valley.” The podcast series examines the biggest topics in technology — from a perspective outside of the Silicon Valley and the United States — and features interview with some of the brightest minds in the industry. You can listen to the podcast on bitcoin here.
Bitcoin’s recent move higher is in part a result of uptick in sentiment — BlackRock set up a working group last wek to look into cryptocurrencies and blockchain, the technology that underpins them. Separately, Mastercard revealed that it was awarded a patent that could let people to pay for things using cryptocurrency via a credit card.
Cryptocurrency is a divisive topic with strong proponents and detractors. At CNBC’s Delivering Alpha Conference last Wednesday, Digital Currency Group's Barry Silbert said he was buying more bitcoin.
“As an asset class it is here to stay … I’m 100 percent confident a decentralized, non-fiat form of money is here to stay,” Silbert said.
At the same event, billionaire investor Howard Marks took a shot at the cryptocurrency.
"In the long run, I think it will be shown not to have any substance,” he said.
CNBC’s “Beyond the Valley” brings listeners the brightest minds in technology discussing all the trends shaping the tech industry — and your world. Listen to the podcast or sign up for the “Beyond the Valley” newsletter here.