Source: Wish E-commerce marketplace Wish filed its IPO prospectus with the Securities and Exchange Commission on Friday, joining a number of technology companies that have looked to debut before the end of the year. Wish’s parent company, ContextLogic, plans to list its shares on the Nasdaq under the symbol WISH. The filing provides the first
Technology
Roblox CEO David Baszucki Roblox Roblox, whose online gaming software has been hugely popular with kids during the pandemic, filed its IPO prospectus on Thursday, joining a growing crop of companies that are trying to go public before the end of the year. Revenue in the third quarter jumped 91% from a year ago to
Elon Musk, head of Tesla, at the Tesla Gigafactory construction site in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Tesla stock reached an all-time high Thursday, briefly trading at $507.76 per share. The company’s stock has been on a tear since the S&P Dow Jones Indices announced this
Amazon’s redesigned Echo Dots Kids Edition Amanda Ringstad, Amazon Amazon‘s smart voice assistant Alexa can automatically tell you what’s being delivered if you own an Echo. It’s useful if you want updates on a package, but sometimes it says too much. For instance, Alexa might spill the beans about an incoming Christmas present by saying
Marissa Mayer, former CEO of Yahoo! Inc. Bloomberg | Getty Former Yahoo CEO Marissa Mayer on Wednesday announced the launch of Sunshine, a consumer apps startup that is debuting with an address book app that relies on artificial intelligence. Sunshine is Mayer’s first venture and return to the spotlight since stepping down from her role
U.S. Cybersecurity and Infrastructure Security Agency (CISA) Director Christopher Krebs speaks to reporters at CISA’s Election Day Operation Center on Super Tuesday in Arlington, Virginia, U.S., March 3, 2020. Kevin Lamarque | Reuters WASHINGTON — President Donald Trump announced Tuesday on Twitter that he has “terminated” top U.S. cybersecurity official Christopher Krebs. In a pair of tweets, Trump
With Amazon Pharmacy, Prime customers in the United States can get their prescription medications shipped to their home for free. Amazon Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to order prescription medications for home delivery, including free delivery for Amazon Prime members. Amazon
Elon Musk, Tesla boss, runs to a Tesla at the Tesla Gigafactory construction site. In Grünheide near Berlin, a maximum of 500,000 vehicles per year are to roll off the assembly line starting in July 2021. Julian Stahle | picture alliance | Getty Images Tesla is finally joining the S&P 500. S&P Dow Jones Indices
Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Amazon founder and CEO Jeff Bezos on Monday announced the first recipients of his $10 billion Earth Fund.
A customer carries away a PlayStation 5 console at an electronics store in Sydney on November 12, 2020, on the day of PS5 official launch. Saeed Khan | AFP | Getty Images Microsoft and Sony both released new video game consoles this week: Microsoft has the $500 Xbox Series X and $300 Series S, while
David Zaslav Anjali Sundaram | CNBC The TV ad market is on the mend after getting hit by a broader pandemic ad slowdown. But with Covid-19 cases on the rise, some networks are cautious about the coming quarters, even with a big boost from political ads this quarter. In recent days and weeks, media companies
With more than 500 hours of video uploaded every minute and more than one billion hours watched every day, Google’s YouTube is the world’s second-largest search engine. And its meteoric growth hasn’t subsided. More than two billion users visit the site every month. For Google’s parent company Alphabet, it represents a significant portion of its
Drew Angerer In the aftermath of the election, millions of users rushed to sign up for Parler, an up-and-coming social media app that has quickly become a hub for conservatives seeking refuge from what they believe is censorship from Facebook and Twitter. Those companies have labeled or hidden posts from President Trump and others disputing
The New York Stock Exchange welcomes Unity Software Inc. (NYSE: U) Friday, September 18, 2020, as they officially begin trading today. NYSE Unity and Palantir both reported revenue growth above 50% on Thursday in their first earnings announcements since going public in September. Investors rewarded them, sending their stocks up on Friday. Unity, whose software
Tony Xu, co-founder and chief executive officer of DoorDash Inc. David Paul Morris | Bloomberg | Getty Images DoorDash, the leading food delivery app in the U.S., filed its IPO prospectus with the Securities and Exchange Commission on Friday. The company will list its shares on the New York Stock Exchange under the symbol “DASH.”
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook CEO Mark Zuckerberg on