There’s no denying it — when it comes to e-commerce, Marc Lore delivers. The serial entrepreneur sold Quidsi, the parent company of Diapers.com, Soap.com and others, to Amazon in 2011 for $550 mil
China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reporte
Activision Blizzard’s Raven Software QA testers formed the gaming giant’s first formally recognized union in May, but that momentum hasn’t died down at the massive company. Today, Bl
TikTok users regularly complain of hours lost on the platform, thanks to the video app’s unmatched ability to distract, entertain and engage users by way of its advanced recommendation technolog
Cryptocurrency exchange FTX is launching stock trading capabilities for its customers through its U.S. division. The company, helmed by co-founder and billionaire Sam Bankman-Fried, said in an announc
Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its account holders later this year. The company is set to allow
Meta Chief Operating Officer Sheryl Sandberg is now facing “internal scrutiny” at the company after pressuring U.K. tabloid the Daily Mail to kill a story about her former boyfriend, Activ
At just 17, Chris McCarty is taking matters into their own hands to protect children from being exploited for cash in family vlogs. As part of their project for the Girl Scouts Gold Award, the highest
Musician Neil Young is following through on his threat to pull his extensive and well-loved sonic catalogue from Spotify. Young took a stand against the company’s relationship with podcaster Joe
DNA testing technology company 23andMe has raised just shy of $82.5 million in new funding, from an offering of $85 million in total equity shares, according to a new SEC filing. The funding, confirme
Group Nine Media — which owns Thrillist, NowThis, The Dodo, Seeker and PopSugar — is the latest company to form a SPAC, according to a filing with the SEC. These blank-check corporations, as they
In this case, money, it really is the shoes. GOAT, the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of street cred and cultural
Facebook has banned a politician from India’s ruling party, Bharatiya Janata Party, for violating its policies against hate speech on its platform, the company said today, weeks after inaction on th
If 2020 hasn’t been wild enough, there’s an extra special twist going down at Disrupt 2020 beyond the fact that, for the first time ever, the conference will be fully virtual. It also happ
If necessity is the mother of invention, then new business owners are getting very inventive in the ways in which they access cash. Relying on some long-tested and some new avenues to raise money, ent
Facebook and Twitter have confirmed they have suspended processing demands for user data from Hong Kong authorities following the introduction of a new Beijing-imposed national security law. A spokesp
Uber is laying off another 3,000 employees, the Wall Street Journal first reported. Uber is also closing 45 offices, and rethinking its approach in areas like freight and autonomous vehicle technology
Twitter has said that tweets posted early Tuesday morning by Tesla and SpaceX CEO Elon Musk that irresponsibly call for restrictions put in place to defend against the spread of COVID-19 don’t v
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive adjusted
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