Peloton shares jump on reports of possible Amazon deal
Shares in at-home fitness company Peloton jumped Friday evening in extended trading on Wall Street amid reports of the company's potential takeover by e-commerce giant Amazon.
Feb 5, 2022
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Business
News Corp. hacked, reporters targeted; believed China-linked
News Corp., publisher of The Wall Street Journal, said Friday that it had been hacked and had data stolen from journalists and other employees, and a cybersecurity firm investigating the intrusion said Chinese intelligence-gathering ...
Feb 4, 2022
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Business
Netflix sinks as Wall Street flees 'stay-at-home' stocks
One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."
Jan 21, 2022
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Business
Activision says it fired dozens over harassment allegations
The video game giant Activision Blizzard said Monday it has fired nearly 40 employees and disciplined more than 40 others since July as it deals with allegations of sexual harassment and other misconduct.
Jan 17, 2022
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Business
Theranos founder Elizabeth Holmes guilty in fraud trial
Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.
Jan 4, 2022
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Business
Activision Blizzard chief may step down if misconduct not fixed: media
The chief of Activision Blizzard, accused of mishandling harassment complaints at the video giant, has signaled he would consider stepping down if he cannot quickly fix company culture, the Wall Street Journal reported Sunday.
Nov 22, 2021
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Business
Microsoft reportedly evaluating relationship with Activision amid CEO turmoil
Microsoft is reportedly evaluating its relationship with video game publisher Activision Blizzard following allegations CEO Bobby Kotick knew for years about sexual misconduct claims at the company.
Nov 19, 2021
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Business
GE to split into three companies in latest restructuring
Multinational conglomerate General Electric announced Tuesday it will split into three separate, publicly-traded companies in the latest move by the industrial giant to shore up its fortunes.
Nov 9, 2021
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Business
GE sees aviation recovery, but notes supply chain headwinds
General Electric reported higher-than-expected profits Tuesday as aviation profits grew even as supply chain problems weighed on some operations.
Oct 26, 2021
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Internet
Facebook froze as anti-vaccine comments swarmed users
In March, as claims about the dangers and ineffectiveness of coronavirus vaccines spun across social media and undermined attempts to stop the spread of the virus, some Facebook employees thought they had found a way to ...
Oct 26, 2021
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