Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun ...
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See inside Ford’s new tech campus, a century-old Detroit train station restored for $950 million
Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit's downfall and blight ...
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Trustly CEO Johan Tjarnberg.TrustlyThe boss of Swedish financial technology startup Trustly says an initial public offering for the company is ...
Shopify shares plunge 18% on weak guidance
Shopify shares tumbled 18% on Wednesday, shaving almost $20 billion off the company's value, after the company gave revenue and ...
StubHub eyes summer IPO, seeks $16.5 billion valuation
The StubHub logo is seen at its headquarters in San Francisco.Andrej Sokolow | Picture Alliance | Getty ImagesStubHub is eyeing ...
Laid-off techies face ‘sense of impending doom’ with job cuts at highest since dot-com crash
Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this ...
Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google.Reuters | Getty Images ...
EBay to eliminate about 1,000 jobs, or 9% of full-time workforce
eBay's headquarters in San Jose, California, U.S.Bloomberg | Getty ImagesEBay said Tuesday that it plans to lay off 9% of ...
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on ...
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It's arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large ...
