Luca Maestri speaks to newly graduated students during the visit of the President of the Council, Giuseppe Conte, to Apple and Cisco Academy. Marco Cantile | Lightrocket | Getty Images Apple announced Monday that it will replace Chief Financial Officer Luca Maestri on Jan. 1 with current Apple insider Kevan Parekh. Maestri will continue to lead teams focusing on…
Tim Cook, CEO of Apple, at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 9, 2024. David A. Grogan | CNBC Apple announced it will hold a press event at its headquarters in Cupertino, California, on Monday, Sept. 9, where the company is expected to announce new iPhones and Apple Watch models. The launch…
Elon Musk (L) and Donald Trump (R). David Swanson | Vincent Alban | Reuters Former President Donald Trump said that Tesla and SpaceX CEO Elon Musk likely couldn’t serve in his hypothetical White House cabinet due to the demanding schedule of running his various companies. “He wants to be involved. Now look, he’s running big businesses and all that,…
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Boeing will return its Starliner capsule from the International Space Station without the NASA astronauts that it delivered to orbit in early June, the agency announced on Saturday. With Starliner coming back to Earth empty, NASA will…
A smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images Former President Donald Trump will soon be free to start unloading his multibillion-dollar stake in his fledgling social media startup, Trump Media. But the potential payday — Trump’s stake comprises more than half of his on-paper net worth, per…
Two Japanese companies have teamed up to achieve one big goal: producing hydrogen on the moon. Takasago Thermal Engineering has designed a mini electrolyzer that can adapt to low gravity and endure a rocket’s intense vibrations during liftoff. Once in space, the hydrogen-making machine will be operated remotely from ispace’s Mission Control Center in Tokyo. “We started to study…
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom shares soared the most since November 2022 on Thursday after the video chat company reported better-than-expected results for the second quarter and raised its full-year guidance. The stock rose 13% to close at…
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as…
CHICAGO — Vice President Kamala Harris’ allies in the business community are privately making a pitch to CEOs about why they should back her over former President Donald Trump, according to people familiar with the matter. At private parties and meetings during the Democratic National Convention, corporate executives close to Harris told CNBC they are delivering a message tailored to…
A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its…
