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August 2, 2021

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Start-ups will suffer from antitrust bills meant to target Big Tech, VCs charge

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CNBC – For more and to sign up click here San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect,......

Zoom’s lightning-fast ascent to $100 billion made big acquisitions a sudden priority

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CNBC – For more and to sign up click here Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company......

Futures edge higher after stocks notch 3-day win streak

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CNBC – For more and to sign up click here A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures edged slightly higher in overnight trading after a rise......

Salesforce projects retailers will pay $223 billion extra for goods in the second half

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CNBC – For more and to sign up click here Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Retailers in the U.S. will spend $223 billion more in the second half of 2021 than......

IBM shows strongest revenue growth in three years

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CNBC – For more and to sign up click here Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired |......

Slack adds audio ‘huddles’ for quick conversations as some offices remain closed

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CNBC – For more and to sign up click here Stewart Butterfield, chief executive officer of Slack Technologies, Inc., speaks during an interview outside of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, U.S., on Thursday, June 20, 2019. Michael Nagle |......

Uber will ask employees to return to work 50% of the time

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CNBC – For more and to sign up click here A pedestrian walks by a sign in front of the Uber headquarters on May 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Uber on Tuesday told employees it will roll out a hybrid return-to-work model this fall,......

Four Silicon Valley VC firms notched billion-dollar IPO wins on Thursday

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CNBC – For more and to sign up click here Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Every year, tech investment firm Index Ventures sends out a survey to the 400 or so companies in its portfolio to......

Amazon’s Prime Day sales were ‘soft’ compared with last year, Bank of America says

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CNBC – For more and to sign up click here A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images This year’s Amazon Prime Day drew in a flurry of deal-seeking shoppers who purchased......

Zoom and Salesforce make quick $23 million profit after IPO of Israeli software vendor Monday.com

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CNBC – For more and to sign up click here Monday.com celebrates its IPO at the Nasdaq, June 10, 2021. Source: Nasdaq In Zoom’s IPO two years ago, Salesforce made a bundle by investing $100 million at the offer price and watching the stock soar out of the gate. Zoom......

LinkedIn bets on remote events, investing in $5 billion-plus virtual platform company Hopin

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CNBC – For more and to sign up click here Hopin CEO Johnny Boufarhat. Hopin Microsoft CEO Satya Nadella laid out his plans in March for a future of hybrid work. Now, his company’s LinkedIn division is wagering that people will continue to convene online even after offices reopen. Virtual......

Marc Benioff reveals investment in SpaceX, but says he’d need ‘a couple of Ativans’ to leave Earth

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CNBC – For more and to sign up click here A SpaceX Falcon 9 rocket with a Dragon 2 spacecraft carrying supplies to the International Space Station lifts off from pad 39A at the Kennedy Space Center. This is the 22nd resupply mission for NASA by SpaceX. Paul Hennessy |......

Salesforce CEO Marc Benioff expects more than half of employees to work from home after the pandemic: ‘The past is gone’

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CNBC – For more and to sign up click here Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce CEO Marc Benioff said on......

Tech companies made big pledges to fight racism last year — here’s how they’re doing so far

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CNBC – For more and to sign up click here Demonstrators gather at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee Last June, social media feeds became flooded with corporate statements about how companies would promote racial equity......

Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies

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CNBC – For more and to sign up click here 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 Last year at this time,......

Stocks making the biggest moves midday: AMC, Ulta Beauty, Best Buy, HP and more

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CNBC – For more and to sign up click here Check out the companies making headlines in midday trading. AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360......

Dow futures gain more than 100 points as optimism over economic recovery grows

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CNBC – For more and to sign up click here Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures rose in overnight trading Thursday, as optimism over economic recovery grows amid strong labor market data. Futures on the Dow Jones Industrial......

Stocks making the biggest moves after hours: Salesforce, Ulta Beauty, HP and more

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CNBC – For more and to sign up click here Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Salesforce — Salesforce shares jumped 5% in......

Salesforce growth accelerates as company offers strong guidance for coming fiscal year

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CNBC – For more and to sign up click here Marc Benioff, CEO of Salesforce. Adam Jeffery | CNBC Salesforce shares rose 3% in extended trading on Thursday after the cloud software maker reported fiscal first-quarter earnings that surpassed analysts’ expectations. Here’s how the company did: Earnings: $1.21 per share,......

Cramer’s week ahead: Big week of earnings with Snowflake and Toll Brothers reporting

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CNBC – For more and to sign up click here CNBC’s Jim Cramer is eager to begin focusing back on the stock market, but the cryptocurrency craze is still capturing Wall Street’s attention. He expects that bitcoin and other speculative coins will continue to be top of mind, and the......

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