Tech

Airbnb co-founder and CEO Brian Chesky told CNBC he’s “really proud” of what one of the company’s first software engineers has gone on to accomplish since leaving the online home-rental marketplace. That former Airbnb employee is Brian Armstrong, co-founder and CEO of Coinbase. The cryptocurrency exchange went public and soared in a direct listing Wednesday,
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In this article AMZN People protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021. Lucy Nicholson | Reuters Amazon last week soundly defeated a union drive at one of its Alabama warehouses, a major win for the e-commerce giant which has long fought unionization attempts
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In this article COIN Fred Wilson David Orrell | CNBC By 2013, venture capitalist Fred Wilson had established himself as a preeminent investor in consumer tech, having made early and highly lucrative bets on Twitter, Zynga, Etsy and Tumblr. In May of that year, he took a slight sideways turn. “We have been thinking about
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In this article COIN Coinbase shares were indicated to open at about $350 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Shares are expected to start trading Wednesday afternoon. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees and existing shareholders
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In this article 700-HK 9988-HK 3690-HK 9888-HK 9618-HK A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters BEIJING — ByteDance, Meituan and ten other major Chinese technology companies pledged Wednesday
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In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google maintains
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Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft is in advanced talks to acquire speech-recognition company Nuance Communications, a person familiar with the discussions told CNBC on Sunday. A transaction could be signed as early as Sunday
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Source: goPuff Coming off a boom year for the tech industry, investors spent the early part of 2021 pouring money into food delivery companies, online brokerages and Elon Musk’s SpaceX, leading to a record quarter for U.S. venture funding. Venture-backed companies raised $64 billion in the first three months of the year, according to analysis
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Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue
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After five and half years leading Waymo, John Krafcik announced Friday he is stepping down from his role, leaving the company to two co-CEOs Tekedra Mawakana and Dmitri Dolgov. Krafcik has overseen the company’s biggest milestones, its rebranding to Waymo, partnerships and raised outside funding all while leading enthusiasm through the ranks. But Krafcik’s departure
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