Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Marqeta has become one of the hottest businesses in digital commerce, even though few consumers have ever heard of it. Its name is about to become much more familiar. On Friday, the company filed to go public
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In this article BA AIR-FR Reliable Robots and Xwing are two Bay Area start-ups working on planes that can fly themselves — no pilot required. Rather than building new aircraft, both companies have retrofitted Cessna Grand Caravans. The planes can fly autonomously while a remote operator monitors the flight, taking control if needed. Both companies
People wear protective face masks outside Salesforce Tower in New York City. Noam Galai | Getty Images Cloudera exited its downtown San Francisco office early last year with plans to sublease the space and move its employees south to the software company’s Silicon Valley headquarters. But the pandemic left the company with nobody to take
In this article DOGE.CM= Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared more than 40% early Friday after a tweet from supporter Elon Musk and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 55 cents at 2:30 a.m. ET, according
In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney seems to have picked up a bit of Netflix-itis. Just as Netflix added fewer than 4 million global subscribers
An Amazon warehouse Getty Images Amazon is hiring 75,000 workers across its warehouse and delivery network in the U.S. and Canada, the company said Thursday. Amazon said the jobs will offer an average starting pay of $17 per hour, reflecting its recent wage increases, which bumped up pay by between 50 cents and $3 an
In this article TSLA Tesla CEO Elon Musk said Wednesday on Twitter that Tesla has “suspended vehicle purchases using Bitcoin,” out of concern over “rapidly increasing use of fossil fuels for Bitcoin mining.” In an SEC filing in February, Tesla revealed that it bought $1.5 billion worth of Bitcoin and it may invest in more
In this article TSLA A gigafactory of electric carmaker Tesla is seen in Shanghai, China October 18, 2019. Aly Song | Reuters BEIJING — One gauge of Tesla’s success in China pointed to a sharp drop in sales in April. The U.S.-based electric car company sold 25,845 made-in-China vehicles last month, down 27% from 35,478
In this article 8586.T-JP BAYN-DE Dan Vahdat, CEO and co-founder of Huma. Huma LONDON — The coronavirus pandemic has accelerated a shift toward digital health services, and investors are looking to capitalize on the trend by making big bets in the space. In the U.K., London-headquartered firm Huma announced Wednesday that it’s raised $130 million
In this article PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter,
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last year’s best performers. While the Dow Jones Industrial Average is trading just below a record, an index of cloud-computing companies slid to its lowest level in six months.
In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the
Banjo Ben Clark Zoe Weaver As an aspiring mandolin player, I’ve spent years looking up YouTube videos to learn various bluegrass licks, frequently landing on lessons from a guy who goes by Banjo Ben. In the early days of the pandemic, as we were all searching for ways to stay productive and sane while stuck
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
Jason Citron is the CEO of Discord, a chat app that has long been popular among gamers but is beginning to expand to other audiences. Courtesy of Discord Delilah, a college student, has been watching “The Bachelor” since she was 12, but she’s never known too many people in real life besides her mom who
In this article AMZN The Amazon fulfillment warehouse at the center of a unionization drive is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images News | Getty Images An Amazon employee died at the company’s Bessemer, Alabama, warehouse, the company confirmed to CNBC. The facility was the site of a
In this article DOGE.CM= Dogecoin, the cryptocurrency branded after a viral dog meme from years ago, has a market capitalization of about $86 billion following a six-month climb of nearly 25,000 percent. Over that same time period, the S&P was up 19 percent, while crypto rivals bitcoin and ether were up 286 percent and 698
In this article BTC.CM= Bank of England Governor Andrew Bailey. Simon Dawson | Bloomberg via Getty Images LONDON — Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said Thursday. Digital currencies like bitcoin, ether and even dogecoin have
Gavin Newsom, center, smiles next to his wife Jennifer Newsom, left, and Senator Kamala Harris, during a rally in Burbank, California, last May. Patrick T. Fallon | Bloomberg | Getty Images For all the talk of a California exodus, the largest U.S. state is in the midst of an economic resurgence. When Covid-19 shut down
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images LONDON — Stock market listings are making founders, venture capitalists and large institutional investors a fortune. Now, retail traders are looking to get in
In this article FB Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Yasin Ozturk | Anadolu Agency | Getty Images In 1803, Supreme Court Chief Justice John Marshall was faced with an impossible
In this article FB Demis Hassabis, co-founder of Google’s artificial intelligence (AI) startup DeepMind. Jeon Heon-Kyun | Getty Images LONDON – DeepMind, the London-based artificial intelligence lab acquired by Google in 2014, has extended its hunt for the world’s best AI researchers to Toronto, Canada. The company posted a job ad for a research scientist
In this article FB Facebook CEO Mark Zuckerberg in 2017. KENZO TRIBOUILLARD Facebook on Tuesday announced that its Workplace enterprise communications software has now reached 7 million paid subscribers, up 40% from last May’s figure of 5 million. Workplace is enterprise software that companies can use as their internal social network to communicate with their
In this article MSFT Luc(as) de Groot in Berlin. Sonja Knecht On Thursday, Microsoft announced a change coming soon to some of its most visible software. It will choose a new default font for its Office applications, such as Word and Excel. And that means people will no longer be seeing so much of the
Bill and Melinda Gates Frederic Stevens | Getty Images Bill Gates, co-founder and former CEO of Microsoft, said in a tweet on Monday that he and his wife, Melinda Gates, will be splitting up after 27 years. Financial details are not yet clear. Bill Gates owns 1.37% of Microsoft’s outstanding shares, which are worth more
In this article PLTR IBM A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE), Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Palantir has hired its first U.S. government chief medical officer, a former executive from IBM‘s
In this article ROKU Alison Levin, Roku’s VP of ad sales and strategy Source: Roku In late spring 2020, Alison Levin was outside in her backyard with her young daughter and golden retriever. Both were running as quickly as they could — at one another, for the same ball. Inevitably, they collided. “She went down,
Karen Bleier | AFP | Getty Images Verizon‘s $9 billion bet on AOL and Verizon hasn’t led to riches for shareholders of the largest U.S. wireless company. But other buyers may still find value in some of the assets. Verizon is weighing a sale of Verizon Media Group — previously called Oath, and before that,
In this article AAPL Apple CEO Tim Cook Spencer Platt | Getty Images In February, Apple CEO Tim Cook told shareholders that the company had bought about 100 companies in the past six years. That works out to the iPhone maker buying a company every three to four weeks. The statistic gives the impression of
Amazon CEO Jeff Bezos Alex Wong | Getty Images Deep in the risk factors section of its quarterly report, Amazon changed one word in describing the importance of its founder at CEO. “We depend on our senior management and other key personnel, including Jeffrey P. Bezos, our founder, President, CEO, and Chairman,” the company said
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