Facebook has added new partners and features to the enterprise version of its social network called Facebook Workplace. This makes it possible to share documents and information all without leaving Facebook, said Facebook Workplace Product Manager Simon Cross. For example, a worker can now share a slide deck with their team’s Facebook group to solicit feedback, he said. Facebook Workplace now has 14,000 organizations signed up and those organizations have created more than 400,000 groups. Workpl

Lower gas prices have not dampened enthusiasm for electric cars, according to a new report from the Automobile Association of America. More than 30 million Americans are likely to buy an electric vehicle as their next car, and demand among millennials is especially high. In fact, demand for electric cars may be as robust as it is for pickup trucks, according to the report, which was based on a survey of 1,004 adults from Feb. 16-19. So while electric vehicle sales are a small portion of total ve

Amid China’s rise to global superpower status, many of its citizens have been lifted out of poverty. Yet, significant numbers remain impoverished and key challenges lie ahead for the Chinese government’s goal of fighting poverty, according to John Donaldson, associate professor of Political Science at Singapore Management University. Speaking with CNBC’s “Capital Connection” on Monday, Donaldson said solving the problem of Chinese poverty is likely to be high on the agenda for the current admini

Investigators heard plenty from the people at Paisley Park when Prince’s body was discovered. They told investigators that Prince was recently “going through withdrawals, which are believed to be the result of the abuse of prescription medication.” When authorities later checked a database set up to monitor who’s getting prescriptions for controlled substances, they found nothing for Prince. But there was a prescription for the opioid painkiller oxycodone written for Kirk Johnson, Prince’s bodyg

U.S. Vice President Mike Pence will meet with Japan’s Deputy Prime Minister Taro Aso on Tuesday, kicking off talks in Tokyo that the White House hopes will open doors in Japan for U.S.-made products and attract Japanese investment for infrastructure projects in the United States. Advocates for the TPP, negotiated by former President Barack Obama and supported by Japanese Prime Minister Shinzo Abe, said it would have dramatically reduced tariffs on U.S. goods and opened new markets. The deal was

The order will call on those four federal departments to propose reforms to ensure H-1B visas are awarded to the most skilled or highest paid applicant. H-1B visas are intended for foreign nationals in “specialty” occupations that generally require higher education, which according to U.S. Citizenship and Immigration Services (USCIS) includes, but is not limited to, scientists, engineers or computer programmers. The number of applications for H-1B visas fell to 199,000 this year from 236,000 in

Mnuchin’s comments were seen to have played down views expressed by the president, who noted last week that the dollar was too strong, sending it reeling. The dollar added to overnight gains and was up 0.3 percent at 109.190 yen. It had sunk to a five-month trough of 108.130 earlier on Monday on investor wariness towards tensions in the Korean Peninsula. Still, the dollar was not expected to go much further as the United States begins a first economic dialogue with Japan later on Tuesday. Concer

“This weekend’s French Presidential first round elections are looking increasingly murky, and this will most likely fan safe-haven fires,” said Jeffrey Halley, senior market analyst at OANDA. “Trump’s penchant for a slightly weaker dollar and a gradual rise in rates is indicative of more legs to the recent rally in gold,” Sachdeva of Religare Securities said. A stronger greenback makes dollar-denominated gold more expensive for buyers paying in other currencies while a slower pace of interest ra

Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days and as a U.S. government report indicated rising production. They ended a quiet session on Monday down 53 cents at $55.36, after rising the three previous weeks. U.S. West Texas Intermediate (WTI) crude futures were also down 9 cents at $52.56 a barrel. They settled down 53 cents at $52.65 a barrel. The benchmark for U.S. oil had also risen for three straight weeks through Thursday,

Asian shares were mixed in Tuesday trade as geopolitical tensions took a backseat following a failed missile test by North Korea at the weekend and as U.S. Vice President Mike Pence continues his tour of Asia. Korean tech stocks were among the best performers in early trade, with chip manufacturer SK Hynix 0.51 percent higher. U.S. Vice President Pence had earlier visited the demilitarized zone (DMZ) inSouth Korea on Monday. Pence noted that U.S. “era of strategic patience” with North Korea was

Ant Financial’s proposed takeover of MoneyGram will be a “win-win” for both parties, as they could leverage respective strengths to create an improved payment environment, the chief executive of the U.S. payments company told CNBC on Tuesday. “They are looking at creating, really, a financial inclusion ecosystem that creates better access for all people to financial services. They offer credit, they offer payment mechanisms, they offer a fantastic application, but they don’t have that cross-bord

For a long time, people from the press and Wall Street would ask him about HBO, and Hastings would argue that Netflix wasn’t really competing with HBO, because people who get HBO also get Netflix. Now he gets the same questions about Amazon, since Amazon has started spending aggressively on streaming video content, just like Netflix does. And, also: Many people subscribe to more than pay TV service, and many people have more than one streaming video service. If Netflix has an exclusive deal with

Today, Aurora said, attackers are spending weeks, months and years looking for crucial information inside a network. More worryingly, he said, cyber-attackers are focused on not only stealing the data but also altering them without detection. “This is the real scare, to not just a particular industry of a particular size, but to everybody. That’s where Darktrace’s artificial intelligence system comes in, with the latest technology offering called Antigena. In February, Australian cybersecurity c

The departure is the latest of several high-profile exits from the ride-hailing company. Uber has been rocked by a number of setbacks lately, including accusations of sexual harassment from a former female employee and a video showing Chief Executive Travis Kalanick harshly berating an Uber driver. It has also been sued by Alphabet’s Waymo unit for stealing some of its self-driving technology, an accusation Uber denies. The company is seeking a chief operating officer to help Kalanick manage it,

After reporting a mixed quarter, Netflix faces some “gigantic threats,” Roger McNamee, co-founder of Elevation Partners, told CNBC’s “Fast Money” on Monday. “I think Amazon and Apple, the reason they’re so scary, is that they’re not trying to make money off of the subscriptions,” McNamee said. But as much as Netflix has dismissed Amazon’s strategies, consumers will have more choices than ever, which makes for brutal competition, McNamee said. “I think there will definitely be too many channels,

Chinese bike-sharing startup Ofo now says it is worth more than $2 billion. CEO Dai Wei, a 26-year-old entrepreneur who named his firm Ofo as the letters look like a bike, revealed that figure in a conversation with CNBC. It’s about double the last reports of the company’s value — which came out less than two months ago. “We have to figure out … what is the main problem we have to solve — that is more important than valuation.” By year’s end, Ofo is targeting expansion to 20 countries, including

When Facebook CEO Mark Zuckerberg told Wall Street in February that the company was looking for ways to “grow the ecosystem of video content” on its platform, he probably didn’t have Steve Stephens in mind. Stephens is a Cleveland, Ohio, resident accused of shooting an elderly man in the head, then uploading the video onto his Facebook page — where it stayed for several hours — before streaming his post-shooting activity on Facebook Live. And Stephens, the subject of a police manhunt, is not a

President Donald Trump on Twitter Sunday lashed out against citizens who’d taken to the streets to exercise their First Amendment rights. While claiming that thousands of people who on Saturday demanded Trump finally release his full tax returns were “paid” protesters, Trump tweeted, “The election is over!” Now Tax Returns are brought up again?” The Tax Day protesters called for Trump to release his tax returns — something nearly all major presidential candidates have done since the 1970s — and

The curious case of South Africa, however, has been decidedly different. The recent and sudden ouster of South Africa’s respected finance minister, Pravin Gordhan – coupled with rising political instability that may yet force President Jacob Zuma from office prematurely – have sent the country’s risk premiums soaring. The turmoil prompted ratings agencies S&P and Fitch to downgrade South Africa’s sovereign rating from BBB- to BB+, to speculative or “junk” levels, with a negative outlook. Althoug

Last year, for instance, the number of American Express cards in use declined by almost 18 percent, according to industry analysts. Amex, like all credit card companies, desperately needs new customers each year, preferably ones with decades of spending ahead of them. “Traditionally, American Express succeeds because of its customer service,” said David Robertson, publisher of the industry newsletter The Nilson Report. The other challenge is that many people who work at American Express aren’t a