Rivian stock plunges after news of Amazon-Stellantis deal

Stellantis announced on January 5, 2022, a major partnership with Amazon to connect its vehicles, including using the US giant’s AWS servers and its Alexa voice command system. Marco Bertorello | AFP | Getty Images Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud … Read more

Pinterest dips 10% to new 52-week low on Guggenheim downgrade

Traders work after the opening bell at the New York Stock Exchange (NYSE), while the logo for Pinterest is pictured on the screens during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Shares of Pinterest dipped 10% on Tuesday and hit a new 52-week low … Read more

Jury finds Theranos founder Elizabeth Holmes guilty on multiple charges in criminal fraud trial

SAN JOSE, Calif. — Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women were handed the case in mid-December after three months of proceedings and testimony from 32 … Read more

Tesla delivered 936,172 electric vehicles in 2021, with the fourth-quarter setting a new record

Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla on Sunday said it delivered 308,600 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter record as well as analysts’ expectations. The … Read more

An app beloved by wine geeks grew during the pandemic. The founder explains what’s next

Eric LeVine, founder and CEO of CellarTracker, visits the cellar at his Seattle home. Talia LeVine Before there was Facebook, there was CellarTracker. Eric LeVine, a former Microsoft employee who fell in love with wine on a bicycling trip in Italy, created the website for his own use in 2003 and released it to the … Read more

2022 will be the biggest year for the metaverse so far

2022 is poised to be the biggest year yet for “the metaverse,” as Facebook parent Meta, Apple, Microsoft and Google gear up to release new hardware products and software services in what so far has been a niche market for early adopters. The “metaverse” describes software and hardware that allow users to play or work … Read more

Alphabet was the top Big Tech stock of the year — here’s why

Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven to be by far the top-performing Big Tech stock of 2021. As of Thursday’s close … Read more

Tesla locks access to video games in main display while car is in motion

In 2021, Jordan Myers bought his dream car: A Tesla Model 3. CNBC Make It Tesla is issuing a software update that will keep drivers from being able to play video games on the car’s entertainment system while the automobile is moving, according to a statement on Thursday from the National Highway Traffic Safety Administration. … Read more

Jurors in Holmes trial exited courthouse on Thursday with no verdict, will return Monday morning

Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, U.S., on Tuesday, Dec. 21, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — The 12 jurors presiding over Elizabeth Holmes’ criminal trial left the San Jose courthouse early on Thursday afternoon, and won’t return until Monday morning. … Read more

Facebook lost a bunch of talent in 2021 — here are the most notable departures

David Marcus, head of blockchain with Facebook Inc., waits for the start of a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 16, 2019. Andrew Harrer | Bloomberg | Getty Images It was a year of change for Facebook. The company was reborn as Meta, its first name change since Facebook dropped … Read more