Telecoms giant Vodafone makes push into internet of things consumer market

Telecoms giant Vodafone makes push into internet of things consumer market

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Vodafone has launched a new system that it says will allow consumers to connect “millions of home and leisure electronics products” to its dedicated global internet of things network. In an announcement Tuesday, the business said its “V by Vodafone” system was…

Priceline, TripAdvisor shares crater after weak profit outlooks from competition with Airbnb

Priceline, TripAdvisor shares crater after weak profit outlooks from competition with Airbnb

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Priceline and TripAdvisor shares both plunged Tuesday after the online travel firms warned about future results because of in increase in spending in response to mounting competition. Shares of TripAdvisor closed more than 23 percent lower, its worst day since Nov. 2016….

Wall Street demolishes Snap in a brutal round of notes this morning

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Wall Street is buzzing over Snap’s poor financial results and blasting the company for its weak performance. The social media company reported worse-than-expected third-quarter results Tuesday. Its sales and daily active users fell short of Wall Street expectations. “In the first two…

Airbnb feels ‘unencumbered’ and is growing strongly in China, its co-founder says

Airbnb feels ‘unencumbered’ and is growing strongly in China, its co-founder says

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China growing middle class and a young, travel-loving population present a massive growth opportunity for Airbnb, one of the company’s co-founders told CNBC on Thursday. Speaking at the sidelines of an Asia-Pacific Economic Cooperation summit in Vietnam, Nathan Blecharczyk said the start-up…

AI will obliterate half of all jobs, starting with white collar, says ex-Google China president

AI will obliterate half of all jobs, starting with white collar, says ex-Google China president

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The upcoming worldwide workforce reckoning that artificial intelligence is expected to bring will happen much sooner than many experts predict, the former president of Google China told CNBC on Monday. Kai-Fu Lee, now chairman and CEO of Sinovation Ventures, believes that about…