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In this article AMZN People protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021. Lucy Nicholson | Reuters Amazon last week soundly defeated a union drive at one of its Alabama warehouses, a major win for the e-commerce giant which has long fought unionization attempts
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In this article COIN Fred Wilson David Orrell | CNBC By 2013, venture capitalist Fred Wilson had established himself as a preeminent investor in consumer tech, having made early and highly lucrative bets on Twitter, Zynga, Etsy and Tumblr. In May of that year, he took a slight sideways turn. “We have been thinking about
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In this article COIN Coinbase shares were indicated to open at about $350 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Shares are expected to start trading Wednesday afternoon. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees and existing shareholders
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In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google maintains
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An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images The National Labor Relations Board on Friday will resume counting ballots at 9:30 a.m. ET in the historic union election at one of Amazon’s Alabama warehouses. With roughly half of the
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An RWDSU union rep holds a sign outside the Amazon fulfillment warehouse at the center of a unionization drive on March 29, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Counting began on Thursday in the unionization vote for workers at Amazon’s warehouse in Bessemer, Alabama, culminating months of a hard fought effort to
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The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Despite an initial falloff due to the Covid pandemic, digital advertising spending grew 12.2% year over year in 2020, according to a new report commissioned by the Interactive Advertising Bureau and conducted by
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Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue
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After five and half years leading Waymo, John Krafcik announced Friday he is stepping down from his role, leaving the company to two co-CEOs Tekedra Mawakana and Dmitri Dolgov. Krafcik has overseen the company’s biggest milestones, its rebranding to Waymo, partnerships and raised outside funding all while leading enthusiasm through the ranks. But Krafcik’s departure
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GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC GlobalFoundries, the third-largest foundry, is planning to invest $1.4 billion in its chip factories this year, and will likely double that investment next year, CEO Tom Caulfield told CNBC in an interview. Caufield said the company’s manufacturing capacity is completely booked and that industrywide semiconductor supply
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