Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon CEO Andy Jassy said Tuesday that he’s working to root out bureaucracy from within the company’s ranks as part of an effort to reset its culture. Speaking at Amazon’s annual […]
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images Online ticket platform StubHub is pricing its IPO at $23.50, CNBC’s Leslie Picker confirmed on Tuesday. The pricing comes at the midpoint of the expected range that the company gave last week. At $23.50, the pricing
StubHub to price IPO at $23.50, valuing company at $8.6 billion Read More »
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images President Donald Trump on Tuesday extended the deadline for ByteDance to divest TikTok’s U.S. business or be banned in the U.S. after a cabinet member on Monday
Trump extends TikTok deadline as Oracle, other investors work on deal Read More »
Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images LONDON — Microsoft said on Tuesday that it plans to invest $30 billion in artificial intelligence infrastructure in the U.K. by 2028. The investment includes $15 billion in capital expenditures and
Microsoft announces $30 billion investment in AI infrastructure, operations in UK Read More »
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Alphabet-owned Waymo obtained a permit to start testing its robotaxis at San Francisco International Airport, San Francisco Mayor Daniel Lurie and the company announced on Tuesday. Waymo will partner with the airport to roll out its commercial robotaxi service in
Waymo obtains permit to test robotaxis at San Francisco International Airport Read More »
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Netskope is targeting a $7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range. The cybersecurity company said it plans to
Cybersecurity provider Netskope boosts IPO range as it tests tech hotstreak Read More »
A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025. Mat Hayward | Variety | Getty Images YouTube said on Tuesday it has paid out over $100 billion to creators, artists and media companies since 2021. The surge has been
YouTube says it has paid creators more than $100 billion over last 4 years Read More »
The upcoming commercial agreement for the social media platform TikTok will include new investors as well as existing investors in the platform’s Chinese parent company ByteDance, sources told CNBC’s David Faber. “Where this thing is capitalized and how large it is remains to be seen,” Faber said during CNBC’s “Squawk on the Street” on Tuesday.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer hold a press conference, following a meeting with Chinese Vice Premier He Lifeng, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Louiza Vradi | Reuters Treasury Secretary Scott Bessent said Tuesday that President
Trump’s willingness to let TikTok go dark motivated China to make deal, says Bessent Read More »
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla’s shares have finally turned positive for the year. After a dismal first quarter, which was the worst for the stock in any period since 2022, and a brutal start to April, following President
Tesla’s stock erases loss for the year, soaring 85% from April low Read More »
