FBI Director James Comey said Wednesday the bureau is renewing its focus on the challenges posed by the growing use of encryption. At Boston College’s cybersecurity conference Wednesday, Comey said that he a fan of “strong encryption” but noted that “it is making more and more of the room of what the FBI investigates dark.” Between September and November, the FBI received 2,800 devices it had lawful authority to open but could not open 1,200 of them “with any technique,” he said. This isn’t the

Major technology companies including Apple, Samsung and Microsoft have moved to reassure customers they are safe after a massive Wikileaks document dump revealed devices from phones to TVs were the target of hacks by the U.S. Central Intelligence Agency (CIA). “Protecting consumers’ privacy and the security of our devices is a top priority at Samsung. The CIA also has 14 “zero-day exploits” – software vulnerabilities that have no fix yet – to hack Apple’s iOS devices such as iPads and iPhones. T

Documents published by WikiLeaks purporting that the CIA hacked devices made by the likes of Apple and Samsung look legitimate but are “reckless beyond words,” whistleblower Edward Snowden said. “Any hacker can use the security hole the CIA left open to break into any iPhone in the world,” Snowden said on Twitter. WikiLeaks released 8,761 documents on Tuesday allegedly detailing the CIA’s hacking methods. Instead, according to the WikiLeaks documents, because the CIA was able to exploit Android

Contractors likely breached security and handed over documents describing the Central Intelligence Agency’s use of hacking tools to anti-secrecy group WikiLeaks, U.S. intelligence and law enforcement officials told Reuters on Wednesday. According to the documents, CIA hackers could get into Apple iPhones, devices running Google’s Android software and other gadgets in order to capture text and voice messages before they were encrypted with sophisticated software. The White House said on Wednesday

Diane Greene, senior vice president of Google Cloud, spoke out about the role of women in Silicon Valley at Google’s cloud conference in San Francisco on Wednesday. “Now we’re in an environment where women are increasingly having a huge impact and adding a lot of value to our industry,” Greene said. “And women are celebrated if they raise their hand and say, ‘Hey, you’re missing my value. Uber also asked its senior vice president of engineering, Amit Singhal, to resign last month, after they dis

“Our partners have large sales forces, so we are going to market with them,” Greene said. While Google’s a strong player in the cloud industry, with customers like Home Depot and Snapchat, Amazon and Microsoft still dominate. Microsoft, in particular, is known for its strong historic relationships with enterprises, which it’s leveraging to sell its cloud technology. Google is quickly catching up, Greene said, as Alphabet invests “very heavily” in customer support, Greene said. For instance, Gree

Billionaire investor David Tepper of Appaloosa Management shared his market views in an exclusive interview on CNBC’s “Squawk Box” Wednesday. I don’t think the market’s cheap,” Tepper said. On shorting bonds: “If we’re short US bonds, we’re betting on a stronger economy here. “And then it’s a probability if you believe they’ll get this stuff through or not get this stuff through.” He also discusses:French electionECBDrug stocksAppleSnapAllerganTevaChinaBorder adjusted taxShort-sellingTo watch th

Hewlett Packard Enterprise said it would buy data storage provider Nimble Storage for $1.09 billion in cash, as part of the company’s focus on the fast-growing hybrid IT market. HPE has offered $12.50 per Nimble Storage share, representing a premium of 45.3 percent to the company’s Monday closing price. Nimble Storage’s shares were trading at the offer price before the bell on Tuesday. Nimble Storage’s entry-to mid-range flash-based products will help HPE cater to customers across all segments,

“Tim” Buckley, Vanguard’s chief investment officer, who is leading the latest wave of passive investing that got started under Vanguard’s founder and former CEO Jack Bogle, joined CNBC PRO for an educational interview on money management and the evolution of investing. “In the ’80s, only about 30 percent of assets were professionally managed, so professionals could go out against amateurs and basically steal alpha. Today you are over 70 percent, getting on 80 percent professionally managed. Now

Short-seller Carson Block shared his market views in an interview Tuesday on CNBC’s “Squawk Box.” On long versus short investments: “What we do works, it doesn’t work as well on the long side because we’re looking backward. On management: “We are almost exclusively shorting companies where we think management has been a bad actor in some way.” Block is founder of activist investment firm Muddy Waters Capital. He is known for his short selling research, which led to several government fraud inves

It could be a very tight trading range — 2 or 3 percent — unwind the excess of the last couple of weeks and move on higher,” the widely followed technical analyst said. “I don’t have much technical evidence to suggest much worse than that, at least not now,” he added. In this conversation, Acampora is joined by Mike Allison, portfolio manager and director of equity strategy at Eaton Vance Management, who weighs in on what’s next for the market. “As the Fed begins to tighten, we tend to see a rot

Advanced Micro Devices CEO Lisa Su shared her views on the semiconductor company in an interview Friday on CNBC’s “Squawk on the Street.” AMD shares are up more than 400 percent in the past 12 months on anticipation of its new gaming graphics and processor chips. The company launched its new Ryzen processor line Thursday. “We do really, really well for content creation and anybody who likes to run videos or edit videos and high performance games. She also discusses:Future productsStock price per

Mylan CEO Heather Bresch shared her views on the pharmaceutical industry in an interview Friday on CNBC’s “Power Lunch.” The company manufactures EpiPen, a lifesaving medication and delivery system for people with severe allergies. Mylan was scrutinized in 2016 for its drug pricing strategy over the last decade. On EpiPen pricing controversy: “We fixed EpiPen. She also discusses:CompetitionPharmacy benefit managersTax reformTo watch the broadcast interview in its entirety, you must be a CNBC PRO

Nintendo’s new console, the Nintendo Switch, launched on Friday. The Switch doubles as a home console for TV gaming and mobile tablet for on-the-go sessions. CNBC had a chance to test out the new gaming system back in January. Here are our first impressions.

Symantec CEO: There’s a cybersecurity crisis in the US Thursday, 2 Mar 2017 | 8:21 AM ET | 03:02Do you feel safe browsing online? Thirty-nine percent of North Americans have been affected by cybersecurity crime in the past year alone, Symantec Chief Executive Greg Clack told CNBC on Thursday. Last November, Symantec announced it was acquiring U.S. identity theft protection services company LifeLock for $2.3 billion, in a move that it hoped would boost sales at Symantec’s Norton unit. “We feel go

Daily and monthly average user growth, new signups, user engagement, timeline views, clicks, shares, likes, faves, dick pics, and on and on. You don’t “go viral” on Snap — but you can do things on Snap that lead to people hearing about offline. I think there’s a lot of room for user growth here. They’re doing it on Snap, however, because user growth is exploding and there’s no reason not to experiment and play where the young people are. Spiegel & Co have continuously innovated and user growth h

Why would a company want to go public in the first place? A fundamental step in going public is when the company hires an investment bank, or banks, to handle the underwriting process. Once that statement is approved, the SEC will work with the company to set a date for the IPO. To promote the IPO, the underwriter can take that prospectus and present it to investors. By the time IPO day rolls around, the underwriter and company decide on the final price of the shares.

Given its IPO price of $17 a share, CEO Evan Spiegel and chief technology officer Bobby Murphy made a neat $272 million each from selling some of their shares. According to Snap’s latest S-1 filing with the SEC from Feb. 27, Spiegel and Murphy sold 16 million shares each on Thursday. Their 16 million shares is a small fraction of the number of Snap shares the co-founders own. His remaining Snap stocks (120,903,572 shares) are worth $3 billion at the post-pop $25 a share price. Correction: This s

Snap’s biggest challenge as it hit the market Thursday will be convincing investors of its profitability, investment expert Paul Meeks told CNBC. The IPO has raised questions among investors about whether Snap will end up a tech leader like Facebook, or troubled like Twitter. “There will be a tipping point for Snapchat at some point,” Meeks, chief investment officer at Sloy, Dahl & Holst, told “Squawk Box.” Meeks said Snap needs to broaden the scope of its business to offer users a wider range o

Shares of tech company Snap Interactive, whose market cap totals just $51 million, surged more than 17 percent Thursday ahead of social media company Snap’s initial public offering. Snap Interactive, traded under the ticker symbol “STVI,” develops social networking and dating applications, according to its website. For example, Snap Interactive created online video chat community Tinychat and a video chat app called Paltalk. Back in February, when Snap detailed its IPO plans, shares of New York-