Snowflake bumps expected IPO price by about 30%, could debut at more than $30 billion valuation
At the midpoint of the new estimated price range, Berkshire Hathaway's total stake in Snowflake after the IPO would be valued at $674.4 million.
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Why Nvidia is spending $40 billion on Arm
Nvidia's purchase of Arm for $40 billion would be the largest semiconductor deal of all time by dollar value if it is completed.
CBS All Access streaming service is getting a new name: Paramount+
ViacomCBS announced Tuesday the rebrand of its streaming service, CBS All Access, as "Paramount+," along with a slate of new series.
‘You ain’t seen nothing yet,’ analyst says, as TikTok hits 100 million users in Europe
Slowly but surely, ByteDance is painting a picture of how many people use TikTok in each region.
Facebook says it will fight climate change myths with new information hub
Facebook will launch a new section to provide its users with "science-based information" about climate change, the company announced Monday night.
Amazon poaches former Uber manager to grow its e-bike delivery team in New York City
The company has expanded its investments in last-mile delivery via vans, self-driving robots and drones.
TikTok relying on Trump to back off original demand to sell U.S. business and approve Oracle deal
TikTok is banking on Trump moving off public comments about a full sale to avoid a ban with its Oracle proposal.
Unity is seizing control of IPO pricing from bankers, a rare move that could limit first-day pop
As Unity prepares for its stock market debut this week, CEO John Riccitiello will be making the decision on where the shares price, taking control from bankers
Nikola rebuts fraud claims but acknowledges that its truck wasn't driving itself
The company said there were "dozens" of inaccurate allegations in a report by a short-selling firm.
DraftKings surges after announcing ESPN deal
Shares of DraftKings jumped after the company announced a partnership with ESPN.
Tesla shares jump more than 12% amid tech rebound, Goldman comments
Shares of Tesla moved higher on Monday, amid a broad rally in the technology sector.
Oracle stock surges after it confirms deal with TikTok-owner ByteDance
Microsoft announced that ByteDance has decided not to sell it TikTok's U.S. assets
Palantir discloses diluted share count, suggesting valuation north of $20 billion at high end
Palantir waited until its third updated prospectus to disclose a fully diluted share count, which lifts the valuation.
Verizon to buy wireless services provider Tracfone in $6.25 billion deal
Verizon Communications said it will buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal.
YouTube announces TikTok competitor in India, where TikTok is banned
YouTube on Monday unveiled Shorts, a short-form video feature that's aiming to directly compete with TikTok.
Oracle confirms deal with TikTok-owner ByteDance to become 'trusted technology provider'
The deal could make Oracle a bigger force in advertising and make it more relevant to young consumers.
Nvidia to buy Arm Holdings from SoftBank for $40 billion
SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.
Wall Street has wanted an Apple bundle for years — soon it might get one
If Apple One launches this fall, Wall Street investors and analysts will be happy: An Apple bundle has been on investor wish lists for years.
Nvidia's Arm takeover sparks concern in the UK, co-founder says it's 'a disaster'
British chip designer Arm is set to be acquired by rival Nvidia for $40 billion but Arm's co-founder isn't happy about it.
Google aims to run on carbon-free energy by 2030
Alphabet's Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.
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