Technology

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue
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After five and half years leading Waymo, John Krafcik announced Friday he is stepping down from his role, leaving the company to two co-CEOs Tekedra Mawakana and Dmitri Dolgov. Krafcik has overseen the company’s biggest milestones, its rebranding to Waymo, partnerships and raised outside funding all while leading enthusiasm through the ranks. But Krafcik’s departure
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In this article TSLA Tesla Model 3 Source: Tesla Tesla just reported first-quarter vehicle production and delivery numbers for 2021. In total, it delivered 184,800 vehicles and produced 180,338 cars. Analysts were expecting Tesla to deliver around 168,000 vehicles during this period, according to estimates compiled by FactSet as of April 1. Estimates ranged from
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GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC GlobalFoundries, the third-largest foundry, is planning to invest $1.4 billion in its chip factories this year, and will likely double that investment next year, CEO Tom Caulfield told CNBC in an interview. Caufield said the company’s manufacturing capacity is completely booked and that industrywide semiconductor supply
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Apple’s new California Flats solar farm Courtesy of Apple Apple will use Tesla‘s Megapack at its new battery-based renewable energy storage facility, the smartphone-maker confirmed to CNBC on Thursday. Apple announced Wednesday it’s building a battery-based solar energy storage facility in California. The company said the facility will be capable of storing 240 megawatt-hours of energy,
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In this article AMZN An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon is playing an aggressive defense against its critics as it stares down a historic union vote at one of its warehouses in Alabama.  In recent days,
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