Microsoft touts cloud momentum from Y Combinator startups

Microsoft touts cloud momentum from Y Combinator startups

EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023. EzDubs, a developer of language-translation technology, got started the way many tech startups get off the ground. It launched on public clouds from Amazon and Google. However, after EzDubs went through the Y Combinator … Read more

This 25-year-old made $31,000 using astrology to play the market

This 25-year-old made ,000 using astrology to play the market

Zodiac signs inside a horoscope circle. Sarayut Thaneerat | Moment | Getty Images Mercury is in retrograde — so just how much money should you invest in certain stocks today? That is the kind of assessment 25-year-old Stefaniya Nova makes on a day-to-day basis — and she claims to have made $31,000 in profits using … Read more

Jeffrey Katzenberg WndrCo raises $460 million

Jeffrey Katzenberg WndrCo raises 0 million

Jeffrey Katzenberg, film producer, at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. David A. Grogan | CNBC Media mogul Jeffrey Katzenberg is bullish on technology as he pulls in more money for startup investing. But he’s keeping his venture portfolio clear of digital media.   Katzenberg, who three … Read more

Figma tender offer values company at $12.5 billion

Figma tender offer values company at .5 billion

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion. That’s up … Read more

Meta says Broadcom CEO Hock Tan is joining board of directors

Meta says Broadcom CEO Hock Tan is joining board of directors

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company’s board of directors. Tan has been leading the semiconductor giant since 2006, giving him extensive international experience working in computing infrastructure technology. Meta is investing … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more

Activist Elliott builds roughly 13% stake in Etsy, secures board seat

Activist Elliott builds roughly 13% stake in Etsy, secures board seat

Etsy Sellers Market in Times Square celebrating Etsy’s celebration going IPO at Nasdaq on April 16, 2015 in New York City. Paul Zimmerman |  Getty Images Activist investor Elliott Management has a “sizable” investment in e-commerce firm Etsy, which announced on Thursday that Elliott partner Marc Steinberg would join the company’s board. The activist investor … Read more

DocuSign shares spike on report company is exploring a sale

DocuSign shares spike on report company is exploring a sale

The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images DocuSign shares rose as much as 15% and closed up 12% on Friday after the Wall Street Journal reported the e-signature software … Read more