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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat it is like riding inside an autonomous taxi in San FranciscoCNBC Tech and Climate editor Matt Rosoff takes a Waymo ride in San Francisco with his teenage son.
Persons: Matt Rosoff Organizations: San Francisco CNBC Tech Locations: San, San Francisco
My son Marlon has been obsessed with self-driving cars this year, as we've seen more and more Waymos and competing GM Cruise vehicles tootling around San Francisco without safety drivers. Last month, Waymo and Cruise won approval to operate driverless cars in San Francisco at any time of day. So with self-driving cars a common feature of our local landscape, we were excited to give one a try. The car pulled up with my initials, MR, on the display below the rotating lidar sensor on the roof. I was a skeptic about the promise of self-driving cars.
Persons: Waymo, Marlon, Cruise Organizations: Cruise, NBC Bay Area Locations: San Francisco
My HomePod is now a very expensive doorstop
  + stars: | 2023-08-18 | by ( Matt Rosoff | ) www.cnbc.com   time to read: +3 min
So, in November 2020, I dropped $299 on an Apple HomePod speaker to replace the records and turntable. I chose the HomePod because we've been an Apple family. The HomePod sounded great, working equally well across lots of different types of music — jazz, rock, hip-hop, '80s dance hits, ambient — you name it. It would often choke on songs that weren't available on Apple Music. I interrupted what I recognized as her AppleCare upsell pitch, thinking maybe I could get something out of the old HomePod before I sent it to the landfill.
Persons: we've, I've, she'd, I'd Organizations: Apple, Apple Music, Bluetooth
In this articleTesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla's 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on:
Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank's assets and obligations after the financial institution failed on Friday. But the vast majority of SVB's customers were businesses that had more than that on deposit at the bank. As of December, more than 95% of the bank's deposits were uninsured, according to regulatory filings. Investors are concerned that these failures could reduce confidence in the banking sector, particularly mid-sized banks with under $250 billion in deposits. "This was a hysteria-induced bank run caused by VCs," Ryan Falvey, a fintech investor at Restive Ventures, told CNBC on Friday.
Twitter's landlord in SF accused the company of skipping out on rent since December. It's the latest landlord scuffle for Twitter, which was sued in the UK by King Charles III's firm. Twitter's headquarters at 1355 Market Street, where its landlord is suing over unpaid rent. Earlier this month, the landlord of Twitter's Hartford Building at 650 California Street, sued the social media company over some $136,260 in unpaid rent. In the UK, a real estate firm for King Charles III is also pursuing claims against Twitter there for unpaid rent.
Twitter has said it plans to unwind a 3-year hiatus of political ads on the platform. Political ad experts have mostly cheered the news. Political ad buyers on both sides of the aisle are keen to return to Twitter after the company said it planned to reverse its ban on political advertising appearing on the platform. The company generated under $3 million in political ad spend for the 2018 US midterms, according to its former chief financial officer. Some political ad experts said they remained wary about advising clients to advertise on Twitter, given Musk's hasty leadership style.
Op-ed: What Elon Musk really gets out of owning Twitter
  + stars: | 2022-11-03 | by ( Matt Rosoff | ) www.cnbc.com   time to read: +6 min
As the owner of Twitter, Musk now controls a platform that has mounds of data about the connections among its users, their interactions, their interests and so on. Most important, by owning Twitter, Musk expands his reach far beyond his own fanbase. Musk has hinted at this in his statements about Twitter as a bastion of free speech. But so far, Musk seems to equate "free speech" on Twitter with "looser moderation." During his first weekend owning the service, Musk responded to Hillary Clinton by tweeting an unfounded, anti-LGBTQ conspiracy theory about the attack on House Speaker Nancy Pelosi's husband.
Revenue generally tracked to operating income growth. For instance, in that troubling mid-2018 earnings report, annualized quarterly revenue growth of 42% translated into operating income growth of 33%. For the full year of 2021, revenue growth of 37% translated into operating income growth of 43%. That translated to a shocking 46% decline in operating income. Simply put: we don't build services to make money; we make money to build better services.
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