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March 5, 2021

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The NBA will play a key role in Snap’s quest for 50% revenue growth

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CNBC – For more and to sign up click here The Snapchat application on a smartphone arranged in Saint Thomas, Virgin Islands, U.S., on Friday, Jan. 29, 2021. Gabby Jones | Bloomberg | Getty Images It’s labeled the perfect 360 relationship, and Snap plays a considerable part in helping the......

Saks Fifth Avenue owner spins e-commerce site into separate business

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CNBC – For more and to sign up click here As department stores like Saks Fifth Avenue try to get shoppers back into stores after the Covid-19 pandemic shutdowns, the shift to online sales may continue to accelerate thanks to personalization technology. Richard Lautens | Toronto Star | Getty Images......

Dr. Seuss books shoot to the top of Amazon’s bestseller list

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CNBC – For more and to sign up click here Dr. Seuss’ never-before-published book, “What Pet Should I Get?” is seen on display on the day it is released for sale at the Books and Books store on July 28, 2015 in Coral Gables, United States. Joe Raedle | Getty......

Why Amazon joined the fight over NFL broadcasting rights

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CNBC – For more and to sign up click here Tampa Bay Buccaneers Tight End Rob Gronkowski (87) celebrates after scoring a touchdown in the first quarter during Super Bowl LV between the Kansas City Chiefs and the Tampa Bay Buccaneers on February 07, 2021, at Raymond James Stadium in......

Amazon wants to be the exclusive provider of all Thursday NFL games starting in 2023

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CNBC – For more and to sign up click here Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon wants to be the National Football League’s exclusive producer of Thursday games starting in 2023, but the NFL may decide to keep certain games on the NFL Network and take......

Amazon accused of copying camera gearmaker’s top-selling item

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CNBC – For more and to sign up click here Peter Dering, CEO of San Francisco-based Peak Design, said his company’s “Everyday Sling” bag became a target for Amazon to copy after it was the top-selling premium camera bag on the site “by a longshot.” Camera gear maker Peak Design......

Amazon-backed food delivery firm Deliveroo picks London for its blockbuster debut

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CNBC – For more and to sign up click here A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON — British food delivery start-up Deliveroo announced Thursday that it plans......

Companies with the worst numbers suddenly have the best stocks, Jim Cramer says

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CNBC – For more and to sign up click here Strong stocks are in free fall and beaten-down names are on the rise as market players adjust their portfolios to take advantage of a potentially sharp economic recovery, CNBC’s Jim Cramer said Wednesday. “That’s thanks to J&J (Johnson & Johnson), Moderna and......

Microsoft CEO Satya Nadella: Saying ‘my team is great and everyone else sucks’ is not leadership

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft CEO......

Ride-sharing stocks a rare bright spot in otherwise miserable day for tech

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CNBC – For more and to sign up click here A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Ride-sharing stocks closed Wednesday as a rare bright spot for tech stocks in......

Stock futures rise slightly in overnight trading after Tuesday’s losses

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CNBC – For more and to sign up click here U.S. stock futures rose slightly in overnight trading Tuesday after stocks dipped in the regular session. Dow futures rose 65 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.19%. On Tuesday, the major averages gave back some......

Kohl’s says it added 2 million new customers in 2020, thanks to Amazon

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CNBC – For more and to sign up click here Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s said it added at least 2 million new customers last year......

U.S. is ‘not prepared to defend or compete in the A.I. era,’ says expert group chaired by Eric Schmidt

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CNBC – For more and to sign up click here Eric Schmidt speaks during a National Security Commission on Artificial Intelligence conference November 5, 2019, in Washington Alex Wong | Getty Images The U.S. is drastically underprepared for the age of artificial intelligence, according to a group of experts chaired......

At-home fitness company Tonal to open shops within 40 Nordstrom stores

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CNBC – For more and to sign up click here Nordstrom will be opening 40 mini Tonal shops inside its stores, beginning in March 2021. Source: Nordstrom PR Nordstrom is searching for ways to grow its active business, while it also adds more merchandise to its stores beyond dresses, shoes,......

Biden expresses support for Amazon union vote in Alabama: ‘Make your voice heard’

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CNBC – For more and to sign up click here U.S. President Joe Biden delivers remarks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, February 24, 2021. Jonathan Ernst | Reuters Without naming......

‘Nomadland’ spotlights Amazon’s RV workforce — here’s what it’s really like

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CNBC – For more and to sign up click here Amazon CamperForce, launched in 2008, recruits RVers and vandwellers from all corners of the country to work for months at a time during the peak holiday shopping season. Shay Martinez-Machen In 2017, Shay Martinez-Machen was having an identity crisis. She......

Young people have a popular pandemic pastime: Filling, then abandoning, e-commerce shopping carts

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CNBC – For more and to sign up click here A woman is seen shopping on ASOS the online fashion store on a laptop. Dinendra Haria | SOPA Images | LightRocket | Getty Images In normal times, Amanda Ryczek window-shopped — wandering around with no intention to buy, but taking......

Why content moderation costs billions and is so tricky for Facebook, Twitter, YouTube and others

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CNBC – For more and to sign up click here After the riots at the Capitol on January 6, debate is swirling over how platforms moderate content and what is protected as free speech. It’s a messy and expensive process, with Facebook spending billions to review millions of pieces of......

Etsy stock surges on earnings beat and strong guidance

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CNBC – For more and to sign up click here An employee walks past a quilt displaying Etsy signage at the company’s headquarters in Brooklyn, New York. Victor J. Blue | Bloomberg | Getty Images Etsy reported better-than-expected fourth-quarter results after the bell on Thursday, including soaring profits and 129%......

Op-ed: Investors chasing bitcoin and Tesla should have real goals — and shouldn’t forget them

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CNBC – For more and to sign up click here Westend61 | Westend61 | Getty Images I was about to offend someone, so I decided to write instead. Am I supposed to listen to one of my tennis buddies’ daughters who wants to buy a tiny share of bitcoin because......

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