Prolific best-selling author James Patterson told CNBC on Friday that his new work of fiction about an out-of-control big e-commerce retailer is not really about Amazon or its billionaire founder Jeff Bezos. “I’m not out here to necessarily beat up Amazon as much as deal with this whole area of monopolies and megalomaniacs,” Patterson said […]

When 24-year-old Google software engineer Amelia Brunner read the now viral anti-diversity memo by James Damore, she was “painfully unsurprised.” Titled “Google’s Ideological Echo Chamber,” the document asserts that there are “differences in distributions of traits between men and women,” which “may in part explain why we don’t have 50 percent representation of women in […]

One of the clouds hanging over Blue Apron since its IPO has been the looming threat of what an Amazon–Whole Foods combination could mean for its business. But when Blue Apron’s stock got hammered on Thursday, falling more than 17 percent by day’s end, that had nothing to do with it; it was the company’s […]

Disappearing photos are not the only snaps coming from Snapchat co-founder Evan Spiegel. Wall Street analysts pressed for more details on Snap’s push notification policy and got a snappy response from the Snap CEO during Thursday night’s earnings conference call. The conversation was not helped by an inadvertently unmuted phone line where another analyst seemed […]

Like other biases, sexism and racism are often spread with the use of insidious coded language, inappropriate appeals to freedom of speech and harmful pseudoscientific data promoting biological difference as “inferiority.” For example, as a Latina in Silicon Valley, I’ve noticed that women and minorities promoted to leadership roles are often characterized as “unqualified.” It […]

When a company is by far the best performing stock in the entire market, it needs to report perfect results to drive its shares higher. Nvidia did not do that Thursday, when it posted lackluster sales in a key growth market, a unit that serves artificial intelligence applications. The chipmaker reported better-than-expected fiscal second-quarter earnings […]

Wall Street analysts continue to set a very high bar for Snap because the Snapchat-parent won’t give them any clues where to place it. Shares of Snap plunged 13 percent in Friday trading after the company reported worse-than-expected second quarter results, with the number of users added both fewer than anticipated and at a slower […]

Defense Secretary James Mattis says he sees a growing role for the technology industry in defending the United States. The comments suggest a potential untapped market for Amazon and Google, whose hometowns Mattis visited this week on a West Coast swing, and other large companies like Apple, Facebook and Microsoft. Like the leaders of these […]

Amazon.com is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as […]

Tech stocks could be set to continue outpacing other industries, an analyst has told CNBC. “Tech companies are beating earnings way better than any other group in the S&P, so we do think that’s going to continue,” Mike Bailey, director of research at FBB Capital Partners, told CNBC on Friday. The analyst’s enthusiasm corresponds with […]