Tesla Inc. has won over equity investors, but it still has work to do to convince ratings firms. The electric-car maker on Monday joined a small club of companies valued above $1 trillion. It’s the only manufacturing company in the group, alongside technology firms Alphabet Inc., Amazon.com Inc. , Apple Inc. and Microsoft Corp. Stock-market […]
More employees of technology companies are coming forward with concerns and information about their workplaces following the disclosure earlier this month of the Facebook Inc. whistleblower’s identity, attorneys working on whistleblowing issues said. “We didn’t see a ton in Silicon Valley, and suddenly we did,” said Mary Inman, an attorney representing whistleblowers at law firm […]
Stripe Inc. is signing up to pay for carbon-removal technologies that haven’t been invented yet. The payments company has formed a partnership with Deep Science Ventures, a London investment firm that specializes in building technology companies from the ground up. DSV will recruit scientists to develop ways to remove carbon dioxide from the atmosphere. If […]
EVERY FASHION choice you make broadcasts to the world who you want to be. So if you’re still rocking Ed Hardy shirts and acid wash jeans, you’re admitting that you were last cool about a decade ago—and perhaps not entirely cool to begin with. The same is true of tech, where the gadgets you use […]
Viewers of Netflix’s latest and greatest hit know there is no such thing as easy money when the stakes are high, no matter how basic the game. Social-media investors are learning the same lesson. Shares of Snapchat owner Snap Inc. lost almost a quarter of their value Thursday evening after it reported results. Making money […]
As WeWork Inc. made its debut Thursday morning on the New York Stock Exchange, the shared office space company’s high-profile co-founder and former chief executive wasn’t on stage ringing the exchange’s opening bell. Instead, Adam Neumann was two and a half miles to the north, celebrating with dozens of former employees and his co-founder, Miguel […]
Western Digital Corp.’s WDC 0.44% talks to merge with Japanese chip maker Kioxia Holdings Corp. in a $20 billion-plus deal have stalled, according to people familiar with the matter. The companies, which had been speaking since early this year, were working to finalize a stock deal that would have created a memory-chip powerhouse worth something […]
The memory-chip maker Micron Technology Inc. MU 1.04% plans to boost investment to more than $150 billion over the coming decade to cater to booming demand and is urging Congress to pass legislation that would aid domestic plant expansion. Micron Chief Executive Officer Sanjay Mehrotra said some of the planned spending would go toward expansion […]
Boeing Co. BA 0.09% executives said the company’s Starliner space vehicle might not carry astronauts until the end of next year, potentially putting it a year behind a previous date to deliver people to orbit for NASA. After completing a demonstration flight without crew members during the first half of 2022, a test mission with […]
Shares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21. Photo: Brian Cassella/TNS/Zuma Press Updated Oct. 19, 2021 6:21 pm ET Special purpose acquisition company BowX Acquisition Corp. BOWX -9.90% said Tuesday its shareholders approved the previously announced business combination with shared-workspace company WeWork Inc. BowX said the […]
