In this article BZFD BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images BuzzFeed fell 39% in its first week of trading, closing
Technology
Amazon Web Services CEO Adam Selipsky delivers a keynote address during the AWS re:Invent conference in Las Vegas on November 30, 2021. Noah Berger | Getty Images Amazon Web Services on Friday published an explanation for an hours-long outage earlier this week that disrupted its retail business and third-party online services. The company also said
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16: Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Oracle chairman of the board and chief technology officer Larry Ellison kicked off the 2019 Oracle OpenWorld with a keynote address.
Carolyn Everson Source: CNBC Instacart President Carolyn Everson said Friday she will step down at the end of the year. The news comes just three months after she joined the company. Everson’s departure is the latest shake-up in Instacart’s C-suite. Head of advertising, Seth Dallaire, left for Walmart in October. The company has hired several
In this article GOOGL Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018. David Paul Morris | Bloomberg | Getty Images Google executives are acknowledging employee concerns about rising inflation, but say they have no plans to respond with
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Robotic vacuum cleaners couldn’t be summoned. Whole Foods orders were suddenly canceled. Parts of Amazon’s mammoth retail operation slowed to a standstill. Amazon Web Services,
Elizabeth Holmes, founder of Theranos Inc., leaves federal court in San Jose, California, on Wednesday, Dec. 8, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — In her final effort to try and sway the jury in her criminal fraud trial, Theranos founder Elizabeth Holmes blasted ex-boyfriend Ramesh “Sunny” Balwani, her
In this article ROKU GOOGL A Roku Inc. remote in an arranged photograph in Hastings-on-Hudson, New York, May 2, 2021. Tiffany Hagler-Grear | Bloomberg | Getty Images Roku stock was up more than 13% on Wednesday after it said it has reached a multiyear agreement with Google to keep YouTube and YouTube TV on its
In this article AMZN Attendees at an Amazon.com annual cloud computing conference Salvador Rodriguez | Reuters Amazon‘s cloud-computing unit on Tuesday was hit with an outage that took down some websites and services. A notice on Amazon Web Services’ status page said it was experiencing problems with certain APIs and the AWS Management Console. The
In this article FOUN People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images This year’s bull market
In this article TSLA Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3
SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Shares of Tesla slumped more than 3% in early trading Monday after Reuters reported the U.S. Securities and Exchange Commission has opened an investigation into the company. The SEC
In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight
For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. Now, as many retailers panic over supply chain chaos, Amazon’s costly early moves are helping it avoid the long wait times for available dock space and workers
In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the
In this article DOCU PJC Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images Shares of e-signature software maker DocuSign were down more than 30% in premarket trading Friday after the company reported guidance for the fourth quarter that fell short of analyst estimates. DocuSign predicted fourth-quarter revenue would
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that
In this article AAPL A man passes by iPhone 13 Pro ad on an Apple storefront in Krakow, Poland on September 30, 2021. Jakub Porzycki | NurPhoto | Getty Images Apple shares were down nearly 3% Thursday following a Bloomberg report that said the company warned its suppliers demand is lower than expected for new