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Tag Archives: CNBC
HashiCorp shares jump on report that company is considering a sale
Bloomberg reported on Friday that HashiCorp has engaged an outside firm to explore interest from potential buyers.
FTC investigating Reddit over AI data-licensing practices ahead of IPO
Reddit said in an updated IPO prospectus on Friday that it’s being investigated by the Federal Trade Commission for its data-licensing practices.
Tesla settles racial discrimination lawsuit
Tesla has settled a racial discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz.
Laid-off techies face ‘sense of impending doom’ with job cuts at highest since dot-com crash
CNBC spoke to a dozen recently laid-off employees about their experiences navigating an increasingly challenging job market.
Tesla to pay $42 million for employee crash that injured motorcyclist
Tesla and an employee were found partially liable for a 2017 crash involving a company-owned truck, which led to a motorcyclist’s traumatic brain injury.
Adobe shares drop 13% on weak quarterly revenue guidance
Adobe shares fell 13%on Friday morning after the company reported a light revenue forecast for the current quarter.
Look beyond Nvidia to ride the AI wave — there are other potential winners, Fidelity says
There are several indirect beneficiaries of AI that may not be “immediately obvious” to investors, Fidelity said.
Adobe shares slip 10% on soft sales forecast
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
Refund fraud schemes promoted on TikTok, Telegram are costing Amazon and other retailers billions of dollars
Amazon suffered more than $700,000 in losses at the hands of one refund fraud ring indicted last year, according to court documents.
Amazon plans ‘Big Spring Sale’ that’s not just for Prime members starting March 20
Amazon has added new promotion events to its roster in recent years, including a fall sale for Prime subscribers.