Amazon follows Microsoft, investing big in carbon capture
Amazon CEO Andy Jassy. CNBC After a recent infusion of government money into technology that sucks carbon out of the air, big business is getting in as well. Amazon announced …
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Birkenstock IPO filing warns of knock-offs on Facebook
Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic sandal maker founded in …
Amazon says it’s boosting pay for contract delivery drivers
An Amazon driver loads packages into a delivery van at an Amazon delivery station in Alpharetta, Georgia, Nov. 28, 2022. Justin Sullivan | Getty Images Amazon said it plans to …
How to navigate an ‘unusual’ market
Mason King Courtesy: Mason King More than a year of recessionary forecasts have created “a highly unusual market,” said Mason King, a principal of Luther King Capital Management in Fort Worth, …
Oracle (ORCL) Q1 earnings report 2024
Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares moved about 5% …
Telesat buys SpaceX launches for Lightspeed internet satellites
A rendering of Telesat’s low earth orbit broadband constellation. Telesat PARIS – Competitors or not, SpaceX continues to be willing to launch for other satellite internet companies. Elon Musk’s SpaceX …
Google to face DOJ in the first major tech monopoly trial in decades
Google CEO, Sundar Pichai (: and Jonathan Kanter, assistant attorney general of antitrust for the US Department of Justice (R). Getty Images The biggest tech monopoly trial since the Department …
Instacart seeks up to $7.7 billion valuation in IPO
FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart …
Automakers tout software, driverless tech to take on Tesla and China
Amazon was among a number of technology companies at the IAA motor show in Munich. The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are …
BMW to use Amazon cloud to build its driverless features for new EVs
BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Arjun Kharpal | CNBC MUNICH — BMW will build its semi-autonomous …