Reddit Inc., the discussion forum known for its “ask me anything” online town halls with celebrities and politicians, was valued at $3 billion after a new financing round that brought in Chinese internet giant Tencent...
Former Sears CEO and hedge fund billionaire Eddie Lampert got his wish as a bankruptcy judge approved his $5.2 billion plan to save 425 stores and 45,000 jobs, keeping the iconic retailer alive, but many are still...
Spotify Technology SA is buying a pair of podcasting companies, accelerating its investment in non-music content as it seeks to broaden its appeal and snap up share of listening time from radio. Anne Steele of The Wall...
Two New York Times reporters have signed a seven-figure contract to write a book about Facebook, reports Joe Pompeo of Vanity Fair. Pompeo writes, “I’m told that publishing insiders are buzzing about a deal that Sheera Frenkel and Cecilia...
Snap Inc. posted record revenue in its latest quarter and narrowed its loss considerably, as the social-media firm rode a boom in online advertising to inch closer to profitability. Georgia Wells of The Wall Street Journal had...
Intel Corp.’s stock slid Thursday after the chipmaker named interim CEO Robert Swan to the position permanently, ending a months-long search following the ouster of Brian Krzanich for what it called a “consensual relationship” with an...
Apple Inc. reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping the technology company’s shares up after hours. Stephen...
Improved U.S. holiday sales helped Starbucks Corp. achieve better-than-expected results in its fiscal first quarter. Dee-Ann Durbin of the Associated Press had the news: After a disappointing holiday in 2017, Starbucks made some changes. This...
The San Francisco Chronicle published a story about a fake press release stating that former PG&E CEO Geisha Williams was going to give her salary to victims of the wildfires before discovering it was...
Ford Motor Co., which has struggled overseas and saw U.S. sales fall last year, reported its first quarterly net loss in two years Wednesday Tom Krisher of the Associated Press had the news: The Dearborn,...
