Saturday, Oct 20


From Ford to Volkswagen, rivals become frenemies to share the cost of building self-driving cars

CNBC / World

The sheer cost and technological burden of developing self-driving cars, electric vehicles and other advancements has companies that have historically been fierce competitors becoming, at the very least, frenemies.


GOP political apps create 'safe space' for conservatives who accuse Facebook, Twitter of bias

CNBC / Technology

Conservative apps deliver curated partisan news feeds on what are effectively private social networks, the New York Times reports.


Uber has only a handful of woman drivers in Saudi Arabia, while local rival Careem claims 2,000

CNBC / World

Four months after Saudi Arabia lifted a ban on women driving, Careem has registered 2,000 female drivers, while Uber has only a "handful," spokespeople from the companies CNBC. Here's why.


Tech investor Joe Horowitz raises money to stay relevant in a world of megafunds and huge valuations


Icon Ventures plans to announce the expansion of its most recent fund by an additional $110 million.


Cramer Remix: It's not a good time to be a company like United Rentals

CNBC / Investing

Jim Cramer outlines why the industrial giant is getting beaten down by the bears in an aggressive-Fed environment.

Cramer's memo to the Fed: Consider the jobs being wiped out by technology before hiking rates

CNBC / Investing

Jim Cramer emphasizes the power of Silicon Valley when it comes to countering inflation in the workforce.

1 in 4 Venmo users' actions on the app can be monetized, PayPal CFO says

CNBC / Investing

Jim Cramer and PayPal CFO John Rainey break down the financial technology company's strong earnings and the "inflection point" in its millennial-focused payment app, Venmo.

Friday, Oct 19


Elon Musk's extreme micromanagement has wasted time and money at Tesla, insiders say


Conversations with 35 current and former Tesla employees describe Elon Musk as a polarizing figure whose extreme micromanagement contributed to production delays and waste at the electric vehicle maker.


Top VC deals: Instacart hits a $7 billion valuation, Bill Gates raises an EU energy fund


A weekly recap of the most interesting venture capital deals, funds and start-ups.

Cloud software company Qualtrics plans to follow rival SurveyMonkey to the public markets


Qualtrics has filed to go public, just weeks after competitor SurveyMonkey debuted on the Nasdaq. Qualtrics is bigger and growing faster than its rival.


Wall Street's biggest Apple bull: China sales are 'fuel in the engine'

CNBC / Technology

Dan Ives of Wedbush Securities initiated coverage of Apple with an outperform rating and a 12-month price target of $310, higher than any other analyst on Wall Street. Chinese demand and services are the "linchpin" to Apple's growth, Ives…

JP Morgan's Jamie Dimon makes his biggest bet on Silicon Valley with new 'fintech campus'


J.P. Morgan CEO Jamie Dimon has long touted his bank's need to embrace Silicon Valley through investments in technology. He's now opening up an office for more than 1,000 people in one of the nation's most expensive real estate markets.

Microsoft is now tying Satya Nadella's pay to LinkedIn's performance


CEO Satya Nadella and other top Microsoft executives will be rewarded in part based on the number of times LinkedIn members visit the app, an addition to compensation starting in fiscal 2018.


Apple's Tim Cook calls for retraction on Chinese spy chip story: 'There's no truth to this'


"I was involved in our response to this story from the beginning," Cook told Buzzfeed News.


Europe's first mission to Mercury is set for lift-off

CNBC / Technology

A British-built spacecraft will travel over 5 billion miles to transport two satellites into Mercury's orbit.

PayPal surges 9% after its Venmo app shows signs of becoming a moneymaker

CNBC / Technology

PayPal shares soar after the company beat expectations on earnings and revenue and announces positive news about its peer-to-peer app Venmo.


Twitter bans bots that spread pro-Saudi messages about missing journalist


The suspension comes in the wake of Saudi journalist Jamal Khashoggi's suspected killing at the Saudi consulate in Turkey.

What it's like to travel to space, from a tourist who spent $30 million to live there for 12 days

CNBC / Small Business

Richard Garriott, founder of Space Adventures, paid $30 million to live in space for 12 days as a tourist in 2008. He experienced everything from epic awe to tricky toilets.


It sounds like Amazon is closing in on a location for its new headquarters


Amazon is expected to make its decision on the location of its second headquarters by the end of the year.

Morgan Stanley joins venture firms betting space start-up Vector can launch a lot of small rockets


Small rocket builder Vector says it has raised $70 million in a round of financing, with a Morgan Stanley alternative investment fund joining Silicon Valley backers.


Facebook has chosen ex-British deputy prime minister to manage growing PR crises

CNBC / Technology

It's notable that Facebook tapped someone from outside the company for the job. Facebook has a reputation for promoting a tight circle of executives close to Zuckerberg and Sandberg.

Morgan Stanley downgrades Ford and says dividend at risk

CNBC / Technology

The automaker is suffering from the appearance that it lacks transparency and decisive action.

Bumblebee Spaces is making robotic systems for your home so you can store stuff on the ceiling

CNBC / Technology

Start-up Bumblebee Spaces is creating robotic apartments that double a room's usable space by storing your bed and belongings on the ceiling. Items can be retrieved with a voice command or the push of a button.


There's a new biggest Apple bull on Wall Street, and he expects a 40% surge

CNBC / Investing

"This upcoming product cycle remains a linchpin for Cook & Co. to lay the groundwork for 'steady' iPhone growth for the next few years," longtime tech analyst Dan Ives says.

Neodymium is in headphones, cellphones and electric cars — and China controls the world's supply

CNBC / Technology

Neodymium is used in the powerful magnets that make an iPhone vibrate or a Tesla Model 3's motor spin. And more than 80 percent of the world's neodymium comes from China.

The aging tech unicorn's dilemma: An IPO during rough market conditions


There's been talk about some tech companies like Palantir and Uber going public, but if this market volatility continues into next year, they may have to drop their prices dramatically or postpone their IPOs.

Apple chip partner says its 'carefully' monitoring the US-China trade war

CNBC / World

Dialog Semiconductor CEO Jalal Bagherli noted many companies in the electronics space have supply chain exposure to China — but he added there were no current signs pointing to an impact on the firm's business operations.


Alibaba looks to take this year's $25 billion mega sales event international

CNBC / World

Alibaba kicked off the festival for its annual Singles Day shopping event on Friday and hopes its "New Retail" strategy can help make it the biggest edition yet.


Amazon plans to open another UK office and add 1,000 high-skilled 'Silicon Valley' jobs

CNBC / World

Amazon is set to open a new office in Manchester and will hire more than 1,000 new staffers to work on research and development in the U.K.


Tesla CEO Elon Musk just introduced a 'lower-cost, mid-range' Model 3 via Twitter


Tesla's CEO announced that the car "Costs $35k after federal & state tax rebates in California," but the list price is more than $10,000 higher.