Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney‘s streaming service Disney+ continues to gain subscribers. On Thursday, the company revealed that
Technology
Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb, the company that allows users to book short-term rentals and experiences while
The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp. Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two apps.
A DoorDash Inc. delivery person places an order into an insulated bag at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images DoorDash, the food delivery provider that’s seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 a piece, pricing above its range, according
SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Elon Musk said Tuesday that while SpaceX and Tesla maintain major operations in California today, he has personally moved to Texas.
A person wears a Palantir Technologies (PLTR) sweater outside the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir jumped more than 17% Monday after Bloomberg reported that the company won a three-year contract
Pilot models of the Uber self-driving car. Angelo Merendino | AFP | Getty Images Uber‘s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies announced Monday. The deal, expected to close in the first quarter of 2021, values ATG at approximately $4 billion. The unit was valued
Rubin Ritter, member of the management board at Zalando SE, gestures whilst speaking during an interview at the online retailer’s technology headquarters in Berlin, Germany, on Monday, Sept. 26, 2016. Krisztian Bocsi | Bloomberg via Getty Images LONDON — A co-CEO of Europe’s largest online fashion and lifestyle site has announced plans to step down
Ben Lamm is just 39 and building his fifth company, Hypergiant, a Texas-based company which develops artificial intelligence products for the likes of NASA, GE Power, Apple and Twitter. When Lamm was at Amy’s Ice Cream in Austin a couple years ago, he distinctly remembers a moment of being jealous of the employee serving him
Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images Elon Musk’s electric car and renewable energy company published its first ever diversity report late Friday. It said that Tesla has a “majority minority” U.S. workforce overall, but 83% of employees
There was a time when getting around was a lot more complicated. It required planning, difficult to fold maps and arguments with spouses. We often needing to stop to ask for directions. That changed when Google Maps was released 15 years ago. Since then, Google Maps has taken on competitors like MapQuest, Yahoo and Apple.
Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters In December 2018, John Stankey sat down with HBO CEO Richard Plepler and his leadership team. Stankey, the AT&T veteran running WarnerMedia at the time, was meeting with division heads to hear ideas on how to combat the threat from
Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla CEO Elon Musk put his California houses on the market this year while he was sparring
Jason Kilar Getty Images On Thursday, AT&T‘s WarnerMedia announced it would release its entire 2021 slate of films directly on HBO Max at the same time they hit theaters. Investors and industry-watchers greeted it as earth-shattering news for the movie theater industry. AMC Entertainment fell 16% on the day. Cinemark fell 22%. WarnerMedia CEO Jason
Josh Brolin and Timothée Chalamet in “Dune.” Source: Warner Bros. Pictures AT&T‘s Warner Bros. announced on Thursday that all of its films scheduled to launch in 2021 will be released on HBO Max at the same time they are available in theaters. It’s currently a one-year plan. AMC shares were down nearly 8% on the
Google employees at the tech giant’s headquarters in Mountain View, California, walk off the job to protest the company’s handling of sexual misconduct claims. Mason Trinca | Getty Images News | Getty Images The U.S. National Labor Relations Board has filed a complaint against Google and its parent company Alphabet, accusing the tech juggernaut of