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DoorDash Inc

Meta says Broadcom CEO Hock Tan is joining board of directors

by Ev Richard
Meta says Broadcom CEO Hock Tan is joining board of directors

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company’s …

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Categories Technology

AI lobbying spikes 185% as calls for regulation surge

by Ev Richard
AI lobbying spikes 185% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according …

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Categories Technology

The future of computing and entertainment

by Ev Richard
The future of computing and entertainment

It’s night. I’m at a lake near Oregon’s Mount Hood, sitting on the beach. Jazz music is playing as I write. I’m not in the real world. Well, I sort …

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Categories Technology

Sheryl Sandberg says she’s leaving Meta’s board

by Adrian Jhonsan
Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Former Meta operating chief Sheryl Sandberg is leaving the company’s board of directors. “With …

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Categories World

Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

by Adrian Jhonsan
Friday’s S&P 500, 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 part of big indexes like the S&P 500 and the …

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Categories World

Tipping once rewarded good service. Now it predicts how you’re treated

by Adrian Jhonsan
Tipping once rewarded good service. Now it predicts how you’re treated

Instacart operates similarly; shoppers see a list of batches that are available to them in their area, as well as the expected customer tip, and they may select the one …

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Categories World

Half of Current’s customers have multiple jobs

by Adrian Jhonsan
Half of Current’s customers have multiple jobs

The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current CEO Stuart Sopp finds almost half of the firm’s payment …

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Categories World

DoorDash shares jump more than 15% on guidance, narrowing net loss

by Ev Richard
DoorDash shares jump more than 15% on guidance, narrowing net loss

Tony Xu, co-founder and CEO of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 22, 2019. Martina Albertazzi | Bloomberg | …

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Categories Technology

Instacart opens on Nasdaq at $42 in IPO

by Ev Richard
Instacart opens on Nasdaq at  in IPO

Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery-delivery company’s long-awaited IPO. The offering late Monday at $30 a share valued Instacart at …

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Categories Technology

Tech trying to go public as value stock

by Ev Richard
Tech trying to go public as value stock

When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared …

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Categories Technology
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