Technology
Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
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Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
An uncertain macro environment puts these technology companies at risk, Morgan Stanley says. Source
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Amazon union drive in Alabama sees 39% voter turnout
Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images More than 2,300 ballots were cast in a closely watched union […]
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Apple now allows video, music apps to sign up new subscribers without paying fees
Apple said on Wednesday that so-called “reader apps,” which allow users to access libraries of content on their phones, will be allowed to use external links inside their apps to enable users to sign up or manage their accounts. The move, which was announced last year as part of a settlement with the Japan Fair […]
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How Google and Amazon bankrolled a ‘grassroots’ activist group of small business owners to lobby against Big Tech oversight
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters Clay Montgomery owns a small blacksmith shop called “Arrow M Enterprises” outside of Mingus, Texas, where he manufactures hand-forged metal works and grilling tools. He also sells […]
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Federal judge approves Activision Blizzard sexual harassment settlement
From left, Brian Grazer, founder of Imagine Entertainment, and Bobby Kotick, chief executive officer of Activision Blizzard, arrive at the annual Allen & Company Sun Valley Conference on July 9, 2019, in Sun Valley, Idaho. Drew Angerer | Getty Images A federal judge has approved video game publisher Activision Blizzard’s settlement with the U.S. Equal […]
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UK regulator extends deadline for crypto firms to make it onto a key register
A logo for the Financial Conduct Authority (FCA). Chris Ratcliffe | Bloomberg | Getty Images The U.K.’s Financial Conduct Authority said Wednesday it is giving some crypto companies more time to register with the regulator beyond an original Mar. 31 deadline. A select few firms, including the fintech firm Revolut and crypto start-up Copper, will […]
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BofA says iPhone demand still strong despite reports of production cutback
Tim Cook at the Apple launch event, March 8, 2022 Apple Bank of America analysts said on Wednesday that iPhone demand is still strong despite a recent report that said Apple cut production of its iPhone 13 and new iPhone SE. “While these articles might lead some investors to think there is risk to demand, […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after logging a multiday winning streak Traders on the floor of the NYSE, March 29, 2022. Source: NYSE U.S. stock futures pointed to a lower open Wednesday, one day after the Dow Jones […]
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Booking Holdings is a high-quality recovery play, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins CNBC’s ‘Squawk Box’ to break down big tech names like Meta, Amazon, Microsoft and more. Source
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