Uber CEO explains why he’s mandating vaccines for office workers but not drivers
Uber hasn't shared recent figures on how many drivers it has, but said Wednesday it facilitated 1.51 billion trips on the platform in its second quarter.
CNBC Technology
Two-year-old events start-up Hopin boomed in the pandemic. Now it's a $7.75 billion business
Virtual events start-up Hopin had only eight employees in March 2020; its headcount now stands at 800.
Uber beats estimates, but core business loses $509 million in Q2
Uber beat estimates on the top and bottom line and turned an unexpected one-time profit during the second quarter.
Fastly stock plummets after major outage dragged down Q2 revenue
Shares of Fastly fell 19% on Wednesday after the content-delivery network provider reported lower revenue and predicted deeper losses than analysts expected.
Etsy stock plunges as weak guidance suggests pandemic e-commerce boom is stalling
Etsy shares slid in extended trading Wednesday after the company gave third-quarter guidance that suggested a sales slowdown after the pandemic e-commerce bump.
Roku stock sinks after company reports tight hardware margins, dramatic fall in streaming viewership
Roku shares fell Wednesday after the company reported earnings that beat expectations but showed a slowdown in streaming TV viewing and tight hardware margins.
Robinhood surges 50% in second day of wild trading, up 100% this week
Cathie Wood purchased 89,622 shares of HOOD on Tuesday in ARK Fintech Innovation ETF, a position worth roughly $4.2 million.
The IRS has seized $1.2 billion worth of cryptocurrency this fiscal year – here's what happens to it
The IRS has seized $1.2 billion worth of cryptocurrency this fiscal year. Here's what happens to it.
CNN president Jeff Zucker will stay at WarnerMedia at least until Discovery deal closes
Jeff Zucker will stay at WarnerMedia at least until the AT&T media unit merges with Discovery, sources say.
Judge denies Elizabeth Holmes' request to suppress patient complaints about Theranos
The federal judge also denied Holmes' request to exclude filings from a regulatory report by the Centers for Medicare & Medicaid Services.
Democrats urge Amazon, Facebook to stop campaigning for FTC Chair Khan's recusal in antitrust cases
The lawmakers said the petitions "add to the perception that you are attempting to bully your regulators."
Instacart hires former Facebook exec Carolyn Everson weeks after poaching Fidji Simo as CEO
Instacart is the largest of the remaining privately held delivery companies, valued at $39 billion in March and widely expected to go public.
How to get New York's Excelsior Pass so you can show your proof of vaccination from your phone
New York's Excelsior Pass lets you find and store your proof of vaccination right on your phone with a QR code, sort of like a boarding pass for an airplane.
Security concerns over chip shortage are pushing governments to act, Moody’s says
Semiconductor chips are ubiquitous — without them, a lot of products from smartphones to cars to household appliances won't be able to work.
Synthetic biology company Zymergen plunges 68% after saying product revenue will be 'immaterial' in 2022, removing CEO
Three months after its IPO, Zymergen is warning investors that revenue is much further out than expected.
Amazon plans to cut waste following backlash over the destruction of unused products
Amazon has launched two programs as part of an effort to give products a second life when they get returned to businesses that sell items on its platform.
Why Nvidia’s $40 billion bid for Arm could be in jeopardy
Nvidia's $40 billion bid to buy U.K.-based chip designer Arm from Japan's SoftBank has started to look increasingly uncertain.
An electric jet start-up just signed a $1 billion deal with a commercial airliner
Lilium, a German start-up making electric jets that can take off and land vertically, has announced plans to sell 220 aircraft to Brazilian airliner Azul.
Bolt valued at $4.75 billion as Uber rival aims to push into on-demand grocery delivery
Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly growing online grocery delivery industry.
Robinhood surges more than 24%, blows past $38 IPO price
Robinhood went public last Thursday on the Nasdaq under ticker HOOD.
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