DoorDash, Grubhub and Uber sue NYC over bill that limits how much they can charge restaurants
The lawsuit follows a similar legal action from DoorDash and Grubhub against San Francisco.
CNBC Technology
Epic Games failed to prove Apple is a monopolist, rules judge
A federal judge in California ruled Friday that Epic Games failed to prove that Apple is a monopolist, but she left open the possibility that it could be proven.
British fintechs are jumping into the booming buy now, pay later market
Monzo and Revolut, two of Britain's best-known financial technology firms, are planning to enter the booming "buy now, pay later" industry.
Match names Renate Nyborg as Tinder CEO
Nyborg will be Tinder's first female CEO.
Tinder CEO Jim Lanzone will be next CEO of Yahoo following Apollo acquisition
Apollo closed its acquisition of Yahoo from Verizon on Sept. 1.
Goldman Sachs says hedge funds are increasingly trying to compete with VCs in private deals
Hedge fund participation in private deals that typically involve venture capitalists has grown "enormously" in recent years, according to Goldman Sachs.
El Salvador's new bitcoin wallets could cost Western Union and similar companies $400 million a year
El Salvador's bitcoin adoption could totally revolutionize the country's remittance payment rails.
Elizabeth Holmes defense tries to block testimony on her extravagant expenses at Theranos
Attorneys for former Theranos CEO Elizabeth Holmes want to block testimony from a finance manager that she used corporate funds for extravagant purchases.
Elizabeth Holmes trial delayed after juror potentially exposed to Covid
The fraud trial of former Theranos CEO Elizabeth Holmes came to a grinding halt when a juror disclosed to the court that he had been potentially exposed to Covid and was awaiting test results.
Affirm stock skyrockets after company reports 71% revenue growth and strong guidance
The blockbuster earnings report comes after Affirm last month announced it's teaming up with Amazon to launch a buy now, pay later checkout option on the site.
Amazon's top third-party seller in U.S. plans to go public via SPAC
Packable oversees Pharmapacks, a top seller on Amazon's third-party marketplace that offers a wide variety of health, beauty and personal-care products.
Microsoft's Satya Nadella says companies forcing employees back to the office amid rise in Covid delta cases are 'shortsighted'
Microsoft CEO Satya Nadella said companies already forcing employees back to the office are 'shortsighted' and should use data to decide when and how to return.
Amazon to cover 100% of college tuition for U.S. hourly employees
Amazon is the latest big retailer to offer to cover the full cost of college tuition amid a tightening labor market.
Amazon TVs are coming in October, with prices starting at $370
Two series will be available in various sizes: the Amazon Fire TV Omni and the more affordable Amazon Fire TV 4 Series.
Microsoft indefinitely postpones return to U.S. offices as Covid cases surge
Microsoft used the announcement as an opportunity to talk about new features in its Teams communication app that can help people work remotely.
Ukraine is the latest country to legalize bitcoin as the cryptocurrency slowly goes global
Ukraine is the fifth country in as many weeks to lay down some ground rules for the crypto market, in a sign that governments believe bitcoin is here to stay.
Fusion gets closer with successful test of new kind of magnet at MIT start-up backed by Bill Gates
If fusion can be achieved on earth and commercialized, it will provide a nearly unlimited source of clean energy without producing the waste of nuclear fission.
Facebook just announced its new Ray-Ban glasses — I’ve been using them for a couple of days, here’s what they’re like
Facebook on Thursday unveiled its long-awaited collaboration with Luxottica: Ray-Ban Stories smart glasses.
California Senate passes landmark bill taking aim at Amazon's labor practices
The bill would require employers to disclose productivity quotas to employees and government agencies, among other provisions.
Mastercard makes a big bet on crypto, buying blockchain analytics start-up CipherTrace
Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies.
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