News

In this article ENEL-IT The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution. “We have tried and tried — and when I say ‘we’, I mean the electricity industry,” Francesco Starace told CNBC’s Karen Tso on Wednesday. “You can imagine,

India is set to propose a new cryptocurrency bill in parliament, and investors are trying to make sense of what this might mean for the future of virtual coins in South Asia’s largest economy. Lawmakers may ultimately opt to impose tough regulations on the crypto market instead of an outright ban on private coins, according

In this article FB Adam Mosseri, Facebook Beck Diefenbach | Reuters Instagram’s chief executive Adam Mosseri is expected to testify before Congress for the first time the week of Dec. 6, a spokesperson for Sen. Richard Blumenthal, D-Conn., confirmed to CNBC. “After bombshell reports about Instagram’s toxic impacts, we want to hear straight from the

Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Several hundred Google employees have signed and circulated a manifesto opposing the company’s vaccine mandate, posing the latest challenge for leadership as it approaches key deadlines for returning workers to offices in person. The Biden administration has ordered U.S. companies with 100 or

In this article AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple on Tuesday sued NSO Group, an Israeli firm that sells software to government agencies and law enforcement that allows them to hack

In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images Fintech company Ripple is making great strides in its legal feud with the U.S. Securities and Exchange Commission, CEO Brad Garlinghouse told CNBC on Monday.

In this article ETH.CM= BTC.CM= MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency start-ups have raised record funding this year. It’s no surprise, then, that some major players in the space — from the Winklevoss twins’ virtual currency exchange

In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla CEO Elon Musk is known for his spontaneous mass communication, from rants on Twitter to “everybody” e-mails he sends to

In this article CMCSA DISH T SBGI AMZN AAPL Nikola Jokic #15 of the Denver Nuggets shoots the ball during the game against the San Antonio Spurs during Game Five of Round One of the 2019 NBA Playoffs on April 23, 2019 at the Pepsi Center in Denver, Colorado. Bart Young | National Basketball Association

Avegant, a start-up in San Mateo, California, has built an LED light-engine that could enable device manufacturers to build small, stylish augmented-reality smart glasses. Courtesy of Avegant I recently tried a pair of prototype smart glasses from Avegant that gave me a glimpse of a future where we may be able to watch videos, get

In this article RBLX FB A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Online dating apps, a crypto exchange and a professional wrestling brand are among

Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. September 8, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF — A smiling Elizabeth Holmes took the stand on Friday to

In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — The prosecution

In this article 9868-HK GUANGZHOU, China — Xpeng unveiled a new electric sports utility vehicle Friday as competition in China’s new energy vehicle market continues to intensify. The G9 is Xpeng’s fourth production model. The company plans to launch the car in China in the third quarter of 2022, a person familiar with the matter

In this article RIVN LCID Shares of Rivian and Lucid Motors continued to fall Thursday as investors take profits and pull back from some of the EV hype driven by Rivian’s monster market debut. Rivian was down more than 13% while Lucid dropped roughly 12% as of midday. The electric vehicle makers have gained intention

In this article BIDU An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images GUANGZHOU, China — Baidu plans to launch its driverless taxi service in 100 cities by

In this article RIVN Rivian signage at the Nasdaq on their IPO day, November 10, 2011 in New York. Source: Rivian Shares of electric vehicle maker Rivian ended a week-long rally Wednesday, as investors pulled back from a monster run as speculation in the name eased after it surpassed Ford and GM in market value.

In this article 9999-HK Cloud Village, the music streaming arm of NetEase runs the NetEase Cloud Music app which is displayed on a smartphone in this photo. Fan Jianlei | Visual China Group | Getty Images GUANGZHOU, China — Cloud Village — the music streaming arm of NetEase — is pushing ahead with an initial

In this article RIVN Rivian employees stand beside the new all-electric pickup truck by Rivian, the R1T, as it sits at one of its facilities on November 09, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Rivian shares continued to rally less than a week after the company went

In this article JPM TSLA Maja Hitij | Getty Images News | Getty Images JP Morgan Chase filed suit against electric vehicle maker Tesla in a dispute over warrants, according to court filings out Monday. The bank is seeking $162.2 million plus interest, attorneys’ fees and expenses. JP Morgan alleges that Tesla has breached the