Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up
Tesla founder Elon Musk came up with the hyperloop concept in 2013.
CNBC Technology
How Luckin Coffee overtook Starbucks as the largest coffee chain in China
Luckin Coffee hit 10,000 stores in China in June, surpassing Starbucks as the largest coffee chain brand in the country following rapid nationwide expansion this year.
MGM Resorts is facing 'ongoing' cyber incident that sent reservation and booking systems offline
The casino and lodging operator said that its gaming operations were back online but gave no update on lodging or restaurant reservations.
GlobalFoundries opens $4 billion Singapore expansion fab to meet 'demand for essential semiconductor chips'
GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.
Oracle comes up short on revenue but touts AI cloud contracts
Larry Ellison pointed to a doubling in the amount of money that artificial intelligence development companies have agreed to spend on Oracle cloud services
Standard Chartered-owned crypto firm Zodia launches in Singapore
Zodia Custody, a subsidiary of Standard Chartered, has expanded its presence in Singapore for the first time, the company told CNBC exclusively.
I took my first self-driving car ride with my teenage son and it felt comfortably dull
Consumers, investors and regulators better get ready, because the technology is here and it's so advanced it seems natural and safe upon first use.
Tesla shares soar 10% after Morgan Stanley upgrade
Morgan Stanley upgrades Tesla price target to $400 per share on potential of custom silicon.
Disney and Charter reach deal to end cable blackout in time for 'Monday Night Football'
The deal will see Disney's ad-supported streaming apps Disney+ and ESPN+ included in packages for some of Charter's Spectrum pay-TV customers.
Benchmark’s Bill Gurley says Meta's Llama AI model has the 'most momentum'
Gurley said the open-source nature of Meta's product is threatening to other leaders in the AI space.
Instacart clarifies its Snowflake payments in updated IPO prospectus after clash with Databricks
In an updated IPO prospectus on Monday, grocery delivery company Instacart laid out the difference between payments to snowflake and usage of the technology.
Bitcoin briefly dips under $25,000 ahead of fresh inflation data this week
The cryptocurrency market fell to start the week as traders digested the latest in the SEC's legal battle with Ripple and looked ahead to a batch of new economic data.
The Charter-Disney showdown didn't transform the TV industry, after all, despite the hype
Charter and Disney reached an agreement before "Monday Night Football" in a rights deal that isn't transformational despite earlier rhetoric.
Biden says global warming topping 1.5 degrees in the next 10 to 20 years is scarier than nuclear war
In his comments in Hanoi, Biden talked about the importance of wealthier nations supporting less wealthy nations prepare and adapt to climate change.
FBI and White House likely coerced social media platforms into removing posts, appeals court rules
But it agreed that that several federal offices and agencies likely violated the First Amendment by coercing platforms' content moderation decisions.
Airbnb adds Google's 'AI ambassador' to its board of directors
Airbnb is adding James Manyika, Google's "AI ambassador," to its board of directors.
Online grocery firm Instacart seeks up to $9.3 billion valuation in IPO
Instacart is looking to raise up to $616 million of fresh capital alongside existing shareholders in an IPO that could value the firm at $9.3 billion.
What to expect when Google faces the DOJ in the first major tech monopoly trial in decades
How to expect the months-long trial to play out and the key points of argument in the case.
Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports say
Instacart to target reduced valuation of $8.6 billion to $9.3 billion in IPO, reports say.
How electrified roads could help fix America's electric vehicle charging problem
As EVs gain popularity across the globe, charging infrastructure is in high demand. Some are now considering electric roads to supplement static charging.
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