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
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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
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
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
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 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 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
A consortium of crypto investors pulled together $47 million worth of ether in a week to try to buy a rare, first-edition copy of the U.S. Constitution at a Sotheby’s auction — and lost. What happens to all that cash is up to the people. The group, known as ConstitutionDAO, wrote in its ‘frequently asked
In this article DISCA The CNN building in Atlanta, Georgia, on Monday, May 17, 2021. Elijah Nouvelage | Bloomberg | Getty Images There’s a place for CNN in the proposed $43 billion combination of WarnerMedia and Discovery, billionaire media mogul John Malone told CNBC in a recorded interview that aired Thursday. “I would like to
Grammarly CEO Brad Hoover. Grammarly Grammarly, a start-up whose software highlights issues as people write in its web app and other programs, said Wednesday that it sports a $13 billion valuation after taking on $200 million in new funding from Baillie Gifford, General Catalyst, funds and accounts managed by BlackRock and other investors. The backing
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.
Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A hedge fund manager who put $96 million into Theranos said he thoroughly investigated the company but was still misled by CEO Elizabeth Holmes about
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
A man demonstrates the uSens Inc. Impression Pi virtual reality and augmented reality interactive device at CES Unveiled, a media preview event for CES International, Monday, Jan. 4, 2016, in Las Vegas. John Locher | AP The so-called metaverse has a “big time” investment case, according to Puerto Rican billionaire businessman Orlando Bravo. Bravo, co-founder
In this article AAPL Wallet and keys Source: Apple Apple is making U.S. states foot part of the bill and provide customer support for its plan to turn iPhones into digital identification cards, according to confidential documents obtained by CNBC. The company requires states to maintain the systems needed to issue and service credentials, hire
Neal Stephenson Source: Mercatus Center at George Mason University Author Neal Stephenson shot to fame almost 30 years ago with the science-fiction novel “Snow Crash,” which envisioned a future dominated by mega-corporations and organized crime, competing for dominance in both the real world and the “metaverse,” a computer-generated world accessible through virtual reality headsets. Since
In this article TSLA Elon Musk Mike Blake | Reuters Tesla CEO Elon Musk’s trust sold about $1.2 billion in Tesla stock on Friday, according to financial filings posted Friday evening. He still holds more than 166 million shares in the company. Musk sold about $6.9 billion worth of stock in the company over the
In this article AMZN RIVN An electric Amazon delivery van from Rivian cruises down the street with the Hollywood sign in the background. Amazon Amazon‘s big bet on Rivian Automotive paid off this week when the electric vehicle start-up made an explosive debut on the public markets. Rivian raised nearly $12 billion in the mammoth
In this article TSLA SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Shares of Tesla declined 15.4% for the week after CEO Elon Musk commenced with his plans to sell a huge block of his holdings this
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