Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in … Read more
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4, 2024. Joseph Prezioso | AFP | Getty Images WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in … Read more
Scott Olson | Getty Images The New Mexico attorney general filed a lawsuit against Snap, alleging that its social media app Snapchat’s design and algorithmic recommendations “openly foster and promote illicit sexual material involving children and facilitate sextortion and the trafficking of children, drugs, and guns.” “Snap has misled users into believing that photos and … Read more
Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Apple — Shares of the iPhone maker inched higher, as the company beat analysts’ estimates on the top … Read more
Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts’ estimates. Here is how … Read more
Future Publishing | Future | Getty Images Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings. The company’s overall second-quarter sales were $147.98 … Read more
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company … Read more
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Temu and Shein have exploded in the U.S. by going on an online marketing blitz and offering consumers inexpensive goods … Read more
Senate Majority Leader Charles Schumer, D-N.Y., fields questions about the candidacy of President Joe Biden after the senate luncheons in the U.S. Capitol on Tuesday, July 9, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Senate is poised to take a key vote on major legislation to keep kids safe online Thursday- … Read more
My top 10 things to watch Tuesday, July 23 1. Several key earnings reports before the bell: General Motors posted big numbers , beating Wall Street’s expectations for the second quarter, and raised its financial targets for the rest of the year. United Parcel Service missed profit and sales estimates and lowered its guidance . … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25614712/Sydney_Lemmon_and_Peter_Friedman_by_Emilio_Madrid_scaled.jpg "Job on Broadway: a Q&A with Max Wolf Friedlich")