Tag Archives: CNBC

Deliveroo founder Will Shu to step down as CEO after DoorDash takeover

“I have decided that now is the right time for me to step down,” Deliveroo CEO Will Shu said Thursday.

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Cold shoulder: Why Beijing is freezing Nvidia’s access to the Chinese market

Beijing has put a freeze on Nvidia’s access to its market — a move industry experts say reflects growing confidence in Chinese chip makers and trade posturing.

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Mark Zuckerberg unveils $799 Meta Ray-Ban Display glasses

Mark Zuckerberg on Wednesday unveiled the $799 Meta Ray-Ban Display glasses, the company’s first consumer-ready glasses with a built-in display.

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Netskope prices IPO at $19, valuing company at $7.3 billion

The IPO market is experiencing a revival after a yearslong drought, with notable debuts from CoreWeave, Circle and Figma.

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AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

Nscale has quickly become an important part of the U.K.’s bid to become a global AI player.

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StubHub’s stock opens at $25.35 in NYSE debut after ticket seller’s long-awaited IPO

StubHub sold shares in its IPO at the middle of the expected range after the company twice delayed its offering.

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Ten years after selling Periscope to Twitter, startup’s co-founder raises $40 million for Macroscope

Kayvon Beykpour said he built Macroscope because of how difficult it was to track what developers were working on at Twitter.

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StubHub CEO says recent change to all-in ticket prices will dent revenue

The Federal Trade Commission earlier this year initiated new rules around hidden “junk fees” and deceptive ticket prices on online marketplaces.

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Workday stock climbs as activist investor Elliott takes $2 billion stake

Elliott Investment Management announced it a $2 billion stake in Workday.

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Amazon introduces AI agent to help sellers with tedious tasks

The agent is being added to Seller Assistant, an AI tool for merchants that the company debuted last year.

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