HubSpot CEO Yamini Rangan speaks at the company’s Inbound conference in Boston on Sept. 6, 2023. Chance Yeh | HubSpot | Getty Images HubSpot shares plunged 11% on Wednesday after a report said Alphabet isn’t going forward with plans to buy the software company. According to Bloomberg, Alphabet was in talks with HubSpot earlier this … Read more
The European Space Agency (ESA) satellite launcher Ariane 6 rocket moves to the launch pad prior its lift off at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | Afp | Getty Images The powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday, as the region returned … Read more
Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience. But in recent years, Etsy has found itself overrun with mass-produced, generic items from … Read more
CNBC’s Jim Cramer on Monday suggested that it is not just Big Tech that has the capacity to lead the market. Instead, he said, companies from other sectors need to be more innovative. “Rather than bemoaning the limited breadth of the market, maybe we should be asking why other companies aren’t joining the club,” Cramer … Read more
Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm … Read more
Amazon on Monday announced a new $79 Echo Spot alarm clock with a revamped design and improved audio quality. The company added a display where users can check the time, weather or see what song is playing. Amazon also put a better speaker in the front of the device. It said it delivers clearer vocals … Read more
A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks … Read more
When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward the nation’s … Read more
AI-powered robots are popping up across Silicon Valley. If some industry experts are right, they could help solve a global labor shortage. Companies like Tesla, Amazon, Microsoft and Nvidia have plowed billions of dollars into what are known as “humanoid” robots. These machines typically stand on two legs, and are designed to perform tasks meant … Read more
If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year to more than 52.8%. Amazon rallied $2.41, or 1.2%, and is now up roughly 31.6% in 2024. Alphabet increased $4.78, or 2.5%, for a year-to-date … Read more
