Google offered to spin off ad business to ward off a new suit: WSJ

Google offered to spin off ad business to ward off a new suit: WSJ

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google has offered to split parts of its ad-tech business into a separate company under its parent company Alphabet to ward off a second expected antitrust lawsuit from the Department of Justice, The Wall Street Journal reported on Friday. Such a … Read more

Startups reckoning with an end to cheap capital face hard decisions

Startups reckoning with an end to cheap capital face hard decisions

Cube CEO Christina Ross (middle) with her team Cube When Cube CEO Christina Ross kicked off fundraising efforts for her financial planning software startup in February, cloud stocks were already down 40% from their 2021 highs. They had a lot further to drop over the next few months. By the time Cube announced its $30 … Read more

Microsoft Activision takeover faces competition probe in the UK

Microsoft Activision takeover faces competition probe in the UK

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard’s games character. Dado Ruvic | Reuters The UK’s competition watchdog on Wednesday opened an investigation into Microsoft’s proposed acquisition of video game publisher Activision Blizzard. In a statement, the UK’s Competition and Markets Authority said its investigation would consider whether the deal may … Read more

Google memo to employees on Roe v. wade overturn

Google memo to employees on Roe v.  wade overturn

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the US Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected … Read more

Intel warns Ohio factory could be delayed

Intel warns Ohio factory could be delayed

Patrick Gelsinger, Intel CEO, at the WEF in Davos, Switzerland on May 23rd. 2022. Adam Galica | CNBC A large chip factory currently in the early stages of being built outside of Columbus, Ohio, could see its scope scaled back or construction delayed depending on what Congress does with the CHIPS Act, Intel said in … Read more

Amazon CEO acknowledges loss of Black leaders in internal memo

Amazon CEO acknowledges loss of Black leaders in internal memo

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. david ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy acknowledged losing two top Black executives, who led warehouses and transportation, in a company email Tuesday night. Jassy’s email sang the executives’ praises, adding that he’s “truly sorry to … Read more

SpaceX FCC broadband feud vs. Dish, Michael Dell increases affiliates

SpaceX FCC broadband feud vs.  Dish, Michael Dell increases affiliates

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, ​​Spain. Nurphoto | Nurphoto | Getty Images WASHINGTON — Elon Musk’s SpaceX on Tuesday ramped up a battle over broadband regulations with Dish Network and an affiliate of … Read more

Apple workers in Maryland vote for company’s first unionized store in US

Apple workers in Maryland vote for company's first unionized store in US

An employee arranges Apple iPhones as a customer shop at an Apple store. mike segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor that could encourage employees at other Apple stores to unionize. The Towson store is the first unionized Apple … Read more

Apple workers in Maryland vote for company’s first unionized store in US

Apple workers in Maryland vote for company's first unionized store in US

An employee arranges Apple iPhones as a customer shop at an Apple store. mike segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor that could encourage employees at other Apple stores to unionize. The Towson store is the first unionized Apple … Read more

Live updates from the meeting

Live updates from the meeting

Musk diverts into discussion of aliens Musk briefly diverted the conversation into a discussion about aliens and human consciousness. He said he hasn’t seen actual evidence of aliens, according to a source. —Lauren Feiner Musk says he doesn’t care about being CEO Musk doesn’t care about being CEO at Twitter, he said, according to a … Read more