Internet
Amazon launches same-day delivery from some brick-and-mortar retail brands
An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Amazon said Monday it’s adding a handful of brick-and-mortar retail brands to its same-day delivery offering for Prime members. To start, Amazon is offering same-day delivery from […]
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Google CEO tells employees productivity and focus must improve, launches ‘Simplicity Sprint’ to gather employee feedback on efficiency
Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is launching a new effort called “Simplicity Sprint” in an effort to improve efficiency and improve employee focus during an uncertain economic environment. The Alphabet company had its regular […]
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Uber unveils new features, including one that lets drivers choose the trips they want
Uber app on a smart phone. Alex Kraus | Bloomberg | Getty Images Uber announced a series of new features Friday aimed at enhancing driver experiences on the ridesharing app as drivers continue to contend with high gas prices and inflation rates. Drivers across the U.S. will be able to see exactly how much they’ll […]
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Intel stock slumps 11% after poor earnings show softening demand for PCs
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel stock is down 11% on Friday, a day […]
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Amazon shares rally after strong second quarter and guidance
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Shares of Amazon jumped more than 10% in premarket trading Friday, a day after the company posted stronger than expected second-quarter revenue and gave upbeat guidance. Sales […]
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Amazon says consumer spending remains strong, bucking broader retail gloom
An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Earlier this week, Walmart and Best Buy both lowered their profit outlook for the second quarter and full year, setting off alarm bells across the retail sector […]
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Roku shares crater after company misses on earnings and warns of ‘recessionary fears’
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and […]
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Amazon jumps on revenue beat and rosy guidance for third quarter
Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the quarter: Amazon Web Services: […]
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Shopify’s pandemic boom is finally over — here’s how the e-commerce company is reinventing itself
The Shopify application for download in the Apple App store on a smartphone arranged in Brooklyn New York, on Wednesday, Feb. 16, 2022. Gabby Jones | Bloomberg | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Shopify’s pandemic boom is finally […]
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Instagram rolling back changes after Kardashians slammed the app for being like TikTok
Kris Jenner, Kendall Jenner, Kylie Jenner and Kim Kardashian on May 8, 2018 in New York City. Dimitrios Kambouris | Getty Images Entertainment | Getty Images Meta is ending a test version of its Instagram app that earned the ire of many people, including celebrity sisters Kylie Jenner and Kim Kardashian. Instagram chief Adam Mosseri […]
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