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Amazon’s Ring announces smart smoke alarm as CES tech palooza kicks off

Amazon’s Ring announces smart smoke alarm as CES tech palooza kicks off

Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California.  Justin Sullivan | Getty Images Amazon‘s Ring is partnering with fire safety product maker Kidde to launch a connected smoke alarm, the company announced Monday at the Consumer Electronics Show in Las Vegas. The companies plan […]

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Global chip stocks climb as Foxconn’s bumper results show a continuation of the AI boom

Global chip stocks climb as Foxconn’s bumper results show a continuation of the AI boom

Jakub Porzyck | Nurphoto | Getty Images Global semiconductor stocks climbed on Monday after contract electronics giant Foxconn announced record fourth-quarter revenues, suggesting the artificial intelligence boom has far more room to run. Hon Hai Precision Industry, which does business as Foxconn internationally, said in a Sunday statement that the company’s fourth-quarter revenue totaled 2.1

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Volkswagen and Xpeng to build super-fast charging network in China for EVs

Volkswagen and Xpeng to build super-fast charging network in China for EVs

Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images Shares of Volkswagen and Xpeng both rose on Monday after the two firms announced plans to expand their partnership in electric vehicle charging stations in China. The German automaker and

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Foreign phone sales plunge 47% in China spelling trouble for Apple

Foreign phone sales plunge 47% in China spelling trouble for Apple

An Apple flagship store in Shanghai, China, October 15, 2024. Cfoto | Future Publishing | Getty Images Sales of foreign phone brands in China plunged in November, according to official data released Friday, underscoring further pressure on Apple, the biggest international handset vendor in the country. In November, foreign mobile phone shipments in China stood

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Cryptocurrencies climbs to start 2025, bitcoin rises back above ,000

Cryptocurrencies climbs to start 2025, bitcoin rises back above $96,000

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024.  Dado Ruvic | Reuters Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 1% to $96,283.33 Thursday, bringing its new year gain to about 2.75% when counting trading from the

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Nominate a company for CNBC’s 2025 Disruptor 50 list

Nominate a company for CNBC’s 2025 Disruptor 50 list

CNBC is now accepting applications for the 2025 Disruptor 50 list — our thirteenth annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. The deadline for submissions is Friday, Feb. 10 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. 1, 2010, are eligible,

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Tesla shares slide after it reports first drop in annual deliveries

Tesla shares slide after it reports first drop in annual deliveries

Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles on Oct. 10, 2024. Tesla | Via Reuters Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total deliveries Q4 2024: 495,570 Total production Q4 2024: 459,445 Total annual deliveries 2024: 1,789,226

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Bitcoin was the best investment of 2024, but not without its usual volatility

Bitcoin was the best investment of 2024, but not without its usual volatility

Bitcoin was far and away the best performing asset class in 2024 as new ETFs ushered in more widespread adoption and hopes for deregulation under a new presidential administration lifted digital assets to record levels. But owning cryptocurrency also came with its usual unpredictability and dizzying swings, as this month’s trading clearly illustrates. Bitcoin has

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Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals. Seksan Mongkhonkhamsao | Moment | Getty Images Ransomware is now a billion-dollar industry. But it wasn’t always that large — nor was it a prevalent cybersecurity risk like

Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve Read More »

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