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Tech News

Thursday, Jun 1, 2017 at 07:41 AM PDT

Uber Posts $708M Loss as Revenue Grows; Finance Head Quits

Uber Posts $708M Loss as Revenue Grows; Finance Head Quits

Ride-hailing giant Uber has reported another multimillion dollar loss even as its revenues grow.

Friday, Jun 2, 2017 at 06:34 PM PDT

Drone's Doughnut Delivery in Denver Gives a Peek at the Future

Drone's Doughnut Delivery in Denver Gives a Peek at the Future

Doughnuts were delivered Wednesday by drone to Denver's mayor and the city's police and fire departments in an event that provided a glimpse into what companies hope will be a quick, inexpensive way to get...

Thursday, Jun 1, 2017 at 04:52 AM PDT

Investors Backing Tesla's Promise Over GM's Steady Profits

Investors Backing Tesla's Promise Over GM's Steady Profits

When General Motors CEO Mary Barra introduced the Chevrolet Bolt at the CES gadget show last year, she took a shot at Tesla. Buyers can be confident because Chevy has 3,000 U.S. dealers to service the new...

Wednesday, May 31, 2017 at 08:29 PM PDT

Musk Says He'll Leave Trump's Advisory Councils Over Paris Climate Deal

Musk Says He'll Leave Trump's Advisory Councils Over Paris Climate Deal

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Wednesday, May 31, 2017 at 12:30 PM PDT

Nest Wants Your Home Security Camera to Recognize You

Nest Wants Your Home Security Camera to Recognize You

Nest Labs is adding Google's facial recognition technology to a high-resolution home-security camera, offering a glimpse of a future in which increasingly intelligent, internet-connected computers can see and...

Tuesday, May 30, 2017 at 02:20 PM PDT

Uber Fires Autonomous Car Researcher Involved in Lawsuit

Uber Fires Autonomous Car Researcher Involved in Lawsuit

Uber has followed through on threats to fire star autonomous-car researcher Anthony Levandowski, whose hiring touched off a bitter trade-secrets fight with Waymo, the former self-driving car arm of Google. Waymo...

Tuesday, May 30, 2017 at 09:51 AM PDT

Amazon Shares Break Above $1,000 for First Time

Amazon Shares Break Above $1,000 for First Time

Shares of Amazon.com crossed the $1,000 threshold briefly Tuesday, putting it in rarefied company, CNBC reported. Just 14 other U.S. stocks trade above $1,000 per share, according to FactSet, and Amazon is...

Monday, May 29, 2017 at 10:13 PM PDT

Zillow's 'Zestimate' Sparks Class Action Lawsuit

Zillow's 'Zestimate' Sparks Class Action Lawsuit

A class action lawsuit filed against Zillow claims the real estate site’s estimate on the value of homes violates consumer protection laws.

Thursday, May 25, 2017 at 04:52 PM PDT

How Best Buy Escaped the Retail Apocalypse

How Best Buy Escaped the Retail Apocalypse

Shares of Best Buy surged more than 20 percent Thursday after the company posted unexpected sales growth in same store locations. Best Buy is a retail anomaly because it's an enjoyable place to shop, CNBC...

Thursday, May 25, 2017 at 04:23 PM PDT

Zuckerberg at Harvard Speech: 'Priscilla is the Most Important Thing in My Life'

Zuckerberg at Harvard Speech: 'Priscilla is the Most Important Thing in My Life'

Facebook's CEO returned to Harvard to speak to its graduating class on Thursday, telling them it is up to their generation to create a purpose for today's world, to care about others, to fight inequality and...

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