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Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.Philip Pacheco | AFP via Getty ImagesUber will report first-quarter earnings after the bell on Wednesday and Wall Street notes to investors are providing insight into what investors might expect.The latest financials come after what's appeared to be a daunting three months for the company. Shares are down more than 29% year to date as inflation challenged consumers and the spread of the Covid omicron variant and…

Amazon Labor Union organizers hold signs outside of the LDJ5 Amazon Sort Center on April 25, 2022 in New York City.Michael M. Santiago | Getty ImagesEmployees at an Amazon warehouse on Staten Island overwhelmingly rejected a unionization effort on Monday, a significant victory for the e-retailer a month after a nearby fulfillment center became the first in the country to vote to join a union.The tally was 380 votes in favor of the union and 618 opposed. Officials said 1,633 workers at the LDJ5 warehouse were eligible to…

Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee, and Michael Saylor — have banded together to refute claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining.Bitcoin operates on a proof-of-work (PoW) mining model, meaning that miners around the world run high-powered computers to simultaneously create new bitcoin and validate transactions. Proof-of-work mining, which requires sophisticated gear and a whole lot of…

Shane Smith, co-founder of Vice.CNBCVice Media, the digital media company once valued at $5.7 billion, has hired bankers to seek a sale, according to people familiar with the matter.Several buyers have expressed preliminary interest in acquiring Vice outright, people familiar with the matter said. While finding a single buyer would be a simpler solution for Vice, given potential issues around valuation and the company's outstanding debt, it also is exploring options to sell the company in parts, the people said.The…

Hydrogen packs a lot more punch than lithium-based batteries. India's federal minister Nitin Gadkari (second from left) seen here launching the country's first green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, at his residence in March.Hindustan Times | Hindustan Times | Getty ImagesThe sun's searing heat can be punishing on summer days and India's enormous coastline makes it a challenge to defend. But vast amounts of water and abundant sunlight have opened a path to green energy that could…

That cannabis offers more than a high has been known for millennia. Hemp is a traditional medicinal plant that contains an eclectic mix of terpenes, flovonoids, and most importantly, cannabinoids. About 100 of these cannabinoids have been studied so far and the most well-known is certainly the intoxicating tetrahydrocannabinol (THC). Cannabidiol, or CBD for short, unfolds its medical effects without any intoxication. It is a potent pain reliever, relieves anxiety, can prevent epileptic seizures and has an…

According to a survey by the industry association Bitkom, 38 percent of children and young people would like to be able to use digital (aids) in class. According to a representative survey, 38 percent of all ten to eighteen-year-olds called for smartphones to be used in the classroom. The figure was 37 percent at grammar schools and 42 percent at other school types. According to Bitkom, they could be used to shoot explanatory videos, explore maps or do research. Regulated use The children and young people want…

After earning an M.B.A. at Kent State University and working for International Business Machines Corp., Umang Gupta was tempted to return to his native India and start his own company. He went home for an extended visit in late 1977. Then he was lured back by two things, a girlfriend and a sense that Silicon Valley was his best career bet.He married the young woman, Ruth Pike, in 1980 and raised a family with her. He signed on as employee No. 17 at what became the software giant Oracle Corp.…

Thousands of food-delivery drivers walked off the job in Dubai over the weekend to protest low pay and poor working conditions, a rare act of defiance in the Middle East business hub where labor actions are criminalized.The foreign workers contracted by Deliveroo, a U.K.-based app that went public last year with backing from Amazon.com Inc., refused to make deliveries for over 24 hours, crippling the company’s service during a busy period at the end of Ramadan when Muslims fast during the…

Last month we took a deep dive into Mark Zuckerberg’s grand metaverse plan, and some of the hardware Meta is working on to deliver it, in the form of Project Nazare augmented reality glasses. Now The Information reports on a roadmap for virtual reality hardware that runs through 2024 with four headsets on the schedule, starting with the previously-teased Project Cambria VR headset we expect to see later this year. According to its sources, The Information says that Meta plans to release Project Cambria, which is a…