Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022. Eóin Noonan | Sportsfile | Collision | Getty Images Snowflake has spent the past seven weeks dealing with the fallout of a major cyberattack that compromised sensitive customer data at a … Read more
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at … Read more
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. The lawsuit, joined by 30 states and filed Thursday, follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry, a probe launched in 2022 and bolstered by fan complaints … Read more
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view … Read more
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued … Read more
Rich Paul attends a basketball game between the National Basketball Association’s Los Angeles Lakers and the Boston Celtics at Staples Center in Los Angeles on Feb. 23, 2020. Allen Berezovsky | Getty Images Entertainment | Getty Images Robinhood is partnering with Klutch Sport Group, LeBron James’ agent Rich Paul’s firm, as the financial services company … Read more
In this photo illustration, the logo for the US tech firm “Block” is displayed and reflected in a number of digital screens on March 03, 2023 in London, England. Leon Neal | Getty Images Check out the companies making headlines in extended trading. Intuit â Shares pulled back roughly 1% after the financial software company … Read more
