Business
Chinese e-commerce titan Alibaba is withdrawing a planned initial public offering for its logistics arm Cainiao, the company said Tuesday, as a major company overhaul faces setbacks.
Mar 26, 2024
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Internet
Despite never having made a profit in its nearly 20-year history, Reddit, the site that bills itself as "the front page of the internet," is gearing up to go public, targeting a valuation of about $6.5 billion.
Mar 18, 2024
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Internet
Reddit said Friday that the Federal Trade Commission has opened an inquiry into the social media platform's sale, licensing or sharing of its users' posts and other content to outside organizations for use in training artificial ...
Mar 16, 2024
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Business
Elon Musk is on the warpath against Delaware and its powerful business court, moving his SpaceX company out of the eastern US state after a judge struck down his $56 billion compensation package at Tesla.
Feb 15, 2024
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Business
Chinese e-commerce firm Alibaba Group Holding on Wednesday approved an additional $25 billion authorization to its share buyback program, after reporting lower-than-expected sales revenue for the last quarter of 2023.
Feb 7, 2024
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Business
China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo.
Dec 20, 2023
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Automotive
Automaker Renault is setting out ambitious goals for its new combined electric vehicle and software business, saying it will "democratize" the market for battery-powered cars in Europe by making them as affordable as gasoline- ...
Nov 15, 2023
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Automotive
Rivian Automotive will move ahead with construction on a factory in Georgia early next year, the company confirmed Thursday.
Oct 20, 2023
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Business
Chinese e-commerce giant Alibaba said Tuesday it intends to spin off its logistics arm Cainiao through an initial public offering in Hong Kong as the firm undergoes a massive restructuring.
Sep 26, 2023
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Business
Instacart delivered in its stock market debut.
Sep 19, 2023
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