WWDC 2020 kicks off on June 22 with a keynote address from CEO Tim Cook at 1 p.m. ET, when we'll likely learn more about iPhone, iPad and Mac software.
Instacart has raised a new round of financing that makes it one of the most valuable unicorns in the U.S., leapfrogging Doordash, Palantir and Robinhood. Amid surging demand for grocery delivery, Instacart has raised $225 million, led by DST Global and General Catalyst. The round increases its valuation to nearly $14 billion, from $8 billion when it last raised money in 2018.
GOP lawmakers and the administration are now armed with encouraging data on unemployment and calculations showing that much of previous stimulus money remains unspent.
Amazon and Microsoft, two of the world's most valuable companies, have both filed lawsuits against employees to block them from immediately joining competitors. But some techies are calling for an end to the practice.
Ackman, whose New York-based hedge fund has more than $10 billion in assets under management, is working with investment banks Jefferies, UBS Group AG and Citigroup on the IPO, referred to on Wall Street as a special purpose acquisition company (SPAC), the sources said.
Protests against police brutality are shining a light on the issue of systemic racism. Will companies finally take steps to address the racial pay gap?
Business leaders spoke out to condemn racial inequality following George Floyd's death. Here are plans from the CEOs of Walmart, Bank of America and others to try to be part of the solution.