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News Releases

  • Musk Could Net Billions by Hitting Tesla's New Milestones
    published on January 23rd, 2018 at 09:01 PM
    Tesla unleashed a bold pay package for Chief Executive Elon Musk that again ties his compensation entirely to key performance benchmarks. This time, the goals take the electric-car maker to cosmic heights, including an ultimate aim of hitting $650 billion in market value.
  • The Programmer at the Center of a $100 Billion Crypto Storm
    published on January 23rd, 2018 at 09:01 PM
    Prices for bitcoin and other digital currencies on Jan. 8 lost more than $100 billion in collective market value. The move can be traced to one address: A Long Island City apartment that is the home of Brandon Chez, a 31-year-old computer programmer behind website coinmarketcap.com.
  • Amazon's Cashierless Convenience Store Set to Open
    published on January 23rd, 2018 at 09:01 PM
    Amazon Go, the online retailer’s cashierless convenience store, is slated to finally open to the public on Monday, after a yearlong delay during which the company trained the store’s algorithms to account properly for customers and their habits.
  • Snapchat Cracks Open Its 'Walled Garden'
    published on January 23rd, 2018 at 09:01 PM
    Some users on Snapchat will now be able to share videos and other content they encounter within the app outside the walls, as the social-media app comes under pressure to grow.
  • Apple to Begin Selling Delayed HomePod Speaker
    published on January 23rd, 2018 at 09:01 PM
    Apple will start selling its voice-activated speaker HomePod in stores Feb. 9, bringing an end to a delayed launch that cost the company sales during the critical holiday shopping season.
  • Twitter's Anthony Noto to Become SoFi CEO
    published on January 23rd, 2018 at 09:01 PM
    Twitter operating chief Anthony Noto will become the next chief executive of online lender Social Finance.
  • Adobe CFO Garrett to Retire, Company Books Charge, Raises Guidance
    published on January 23rd, 2018 at 09:01 PM
    Adobe Systems Inc. finance chief Mark Garrett is retiring from the company after spending more than a decade in that role.
  • After Bitcoin Futures, Watch Out for Crypto Repos
    published on January 23rd, 2018 at 09:01 PM
    A former Goldman Sachs banker plans to launch a digital currency platform that will make it easier for investors to short one cryptocurrency against another, potentially bringing the nascent market one step closer to the financial mainstream.
  • Noose Tightens on Anonymous Cryptocurrency Trading in South Korea
    published on January 23rd, 2018 at 09:01 PM
    South Korea’s finance regulators are expanding measures to verify cryptocurrency investors’ identities, as part of the country’s moves to control one of Asia’s hottest bitcoin markets.
  • Netflix Continues Landing Customers
    published on January 23rd, 2018 at 09:01 PM
    Netflix Inc. again posted strong subscriber growth even as it faces increased competition for viewers and programming.