“It’s clear to me people hate their banks but don’t leave until something goes wrong,” said Denise Kingsmill, the chair of the board at U.K. challenger bank Monzo, on Tuesday. “I want to create something that people don’t hate; that they trust,” said Kingsmill during the opening panel at the 2017 SWIFT Business Forum in London. The mobile-only new digital bank, which wants to displace established U.K. retail banks, uses big data analytics and financial technology (FinTech) to try to serve ordina

Ma noted that nearly half a billion people shop on Alibaba’s marketplaces and that by using the platform, American small businesses have the chance to “grow globally — like the big guys.” While touting China’s growing opportunities, Alibaba will also have to convince attendees that their original businesses and ideas are safe from counterfeiters. Alibaba has an American PR problem: Last December, it landed back on the U.S. government’s “notorious markets” list for fakes — a designation that hurt

If you’re looking for a few ways to get more out of your Galaxy S8, we have a few ideas. We’ve used most of the products below and have been impressed by what each offers. They’re all made by Samsung, too, so you know they’ll work just fine with your shiny new Galaxy S8 or Galaxy S8+. Check out a few of the great new accessories Samsung offers for the S8 below.

Google, Facebook and other big tech companies “are making it really hard for smaller internet businesses” to compete, Lead Edge Capital partner Nimay Mehta told CNBC on Tuesday. “The platform internet businesses are sucking up a lot of oxygen out of the room. Facebook, Google, the big internet companies, they are making it really hard for smaller internet businesses to be able to build distribution,” he said. Mehta said larger companies have such a strong hold on the market that it’s nearly impo

Neuroscientists have been quick to challenge recent statements from Tesla CEO Elon Musk and Facebook executive Regina Dugan about their plans for brain-scanning research as unrealistic and far-fetched. Yet sweeping promises of transformative technologies and overly aggressive timelines that are short on details are nothing new for Silicon Valley. In other words — the human race may need telepathy to help it survive the dystopian future that Silicon Valley itself is helping to create. Musk, for e

Share prices of Uber’s private stock have dropped about 15 percent to the mid-to-high $30s range amid a slew of bad press, The Information reported Tuesday. The leg downward would value the privately held company at around $50 billion, down from close to $60 billion at the beginning of this year, an unnamed broker told The Information. Equidate, an online trading platform for brokers that deal with large private technology companies, lists Uber’s valuation at nearly $70 billion as of February. S

Netflix is to introduce original content in China in a licensing deal with local video streaming service iQiyi.com, the U.S. company said on Tuesday. Netflix has struggled to break into the Chinese market, where streaming services are subject to strict data storage regulations and foreign films and television are routinely censored. Netflix has played down the possibility of its entry into China in the past year despite its otherwise rapid global expansion. iQiyi.com is one of China’s largest st

Designer Padmini Pagadala had been working at Flipkart for about four years when she was tapped to become CEO — for one day. As India’s Business Today reports, in order to “inspire” its staff in honor of its 10th anniversary, the company held a competition to determine which regular employee would get the promotion. This is Krishnamurthy’s first gig as a chief executive officer, so he knows something about taking a big step up. The Indian e-commerce company recently received a $1.4 billion inves

Tech stocks have “come back with a vengeance” and the run probably isn’t over, strategist Liz Ann Sonders told CNBC on Tuesday. Plus, the repatriation of corporate cash held outside the United States back into the country should also help, she added. Tech stocks weren’t the only bright spot in the market, though. The Dow Jones industrial average was up about 250 points in mid-afternoon trading and the S&P 500 advanced 0.6 percent. She is also keeping an eye on what is happening with trade, notin

Qualcomm’s latest chip, the Snapdragon 835, features the Snapdragon X16 LTE modem, which is capable of providing Gigabit LTE download and upload speeds. Apple could launch a new iPhone with modems from Intel and Qualcomm that don’t support Gigabit LTE at all. Finally, and here’s just a shot in the dark scenario, Apple could reserve the Gigabit LTE modems from Qualcomm for the rumored iPhone 8 and leave 4G LTE modems in the rumored iPhone 7s and iPhone 7s Plus. Gigabit LTE is only expected to sta

The industry that opposed Trump the most has performed the best in his first 100 days 6 Hours Ago | 01:44When Franklin D. Roosevelt was inaugurated in 1933, his 100-day vision was said to have been met with a crowd “as silent as a group of mourners around a grave.” More than 80 years later, a similar shroud of muted pessimism has fallen over Silicon Valley, as leaders stifle their vitriolic opposition to President Donald Trump. And yet most technology CEOs have quietly managed to walk the line b

Apple has hired former NASA employees, robotics experts and ex-Tesla staffers to form part of its driverless car teams, according to official documents released to two media outlets. The permit contained names of six Apple employees that are designated as “driver/operators” of the driverless cars. Searches online revealed that these current Apple employees have had previous experience at space agency NASA, electric car firm Tesla and in the robotics industry, something that Apple is hoping will

Goldman Sachs gave its clients the best way to trade Amazon’s stock and it basically came down to this: buy the shares when CEO Jeff Bezos takes out his wallet and ramps up spending. The firm cited its analysis of the company’s previous three large investment cycles. It revealed shareholders saw a 44 percent return, on average, if they bought Amazon when its trailing 12-month capital expenditure spending growth first increased, versus a much lower 12 percent return if they bought when investment

Uber said it will be teaming up with the governments of Dallas-Fort Worth and Dubai to bring its flying taxis to those cities first. And it launched a partnership with an electric charging company called ChargePoint, to develop charging stations for Uber’s flying taxis. It’s a flurry of activity that’s meant to signal that Uber is serious about adding flying taxis to its list of outlandish, quasi-impractical, always ambitious projects for the future. In addition to Bell, Uber says it plans to wo

Investors should buy Apple shares due to the strength of its balance sheet and ability to generate cash, according to Needham, which reiterated its buy rating and raised financial estimates on the smartphone maker. “In the context of today’s chaotic global macro environment, AAPL’s enormous net cash balance … gives it the ability to survive most macro disruptions and the flexibility to execute strategic choices,” analyst Laura Martin wrote in a note to clients Tuesday. “We raise our estimates fo

TipRanks has identified the corporate insiders with the best-performing track records and found which stocks they like right now. We differentiate between informative and uninformative insider transactions in order to find the most compelling opportunities. Uninformative transactions indicate that an insider is buying/selling shares for reasons that do not necessarily indicate confidence in the company, such as exercising share options. In contrast, informative transactions are deliberately made

The companies announced in the spring of last year that they would build 100 self-driving Chrysler Pacifica hybrids minivans. Others in the race to develop self-driving vehicles have been putting people in their cars since last fall. It adds Waymo’s self-driving software and hardware, including sensors and cameras, at a facility in Michigan. Our early riders will play an important role in shaping the way we bring self-driving technology into the world through personal cars, public transportation

Tesla is once again facing allegations that it’s working to quash a union drive at its factory in Fremont, California. Last week, the United Automobile Workers union filed four separate charges with the National Labor Relations Board alleging that the company has illegally surveilled and coerced workers attempting to distribute information about the union drive. “The confidentiality agreement we were required to sign went too far. A Tesla spokesperson said the company’s confidentiality agreement

A total of 1,339 consumers were polled by market research platform Fluent for the survey. “Customer excitement for the Apple Watch has plateaued since hitting the market in 2015. Only current owners think it’s a great product, but nearly half of them don’t plan on upgrading,” a Fluent spokeswoman said in an email. Meanwhile, 15 percent of of iPhone users answered that they would purchase an Apple Watch while only 5 percent of Android owners said they would do the same. In comparison, 42 percent

Sentiment in the Singapore property market appears to be improving after the government eased some of its curbs on the sector, but unsold inventory will still weigh in the short-term, a DBS executive said Tuesday. They will still need some years to work through the inventory that’s already out there,” said Lim, who added that a sharp rebound across the board was unlikely. Singapore developer UOL Group, however, was upbeat after offloading more than half of the units under construction at its lat