A “Believe in Boston” flag flies during the duck boat parade celebrating the Boston Celtics’ 18th NBA championship. Stan Grossfeld | Boston Globe | Getty Images The 2024 National Basketball […]
Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened competition from Microsoft in artificial intelligence […]
Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%
Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024. Joel Angel Juarez | Reuters Volkswagen Group plans to invest up to […]
Experts say Shein's U.S. IPO is all but dead
The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce […]
Amazon fined $5.9 million for over 59,000 violations of California labor laws
An Amazon warehouse Getty Images California’s labor regulator on Tuesday said it fined Amazon nearly $6 million for violating a state law aimed at curtailing the use of onerous warehouse […]
Netflix hunts for a production partner for its Christmas NFL games
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on […]
At Stellantis investor day, cost cuts and China come into focus
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create […]
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of […]
Roche alleges counterfeit diabetes medical devices were sold on Amazon
Roche Diabetes Care Inc. Accu-Chek brand glucose test strips are arranged for a photograph in the Brooklyn borough of New York, U.S., on Thursday, April 4, 2019. Alex Flynn | […]
Oscar Health CEO Mark Bertolini is ready to take on the employer market
Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company’s next phase of growth […]