The chances of Uber choosing a woman as its next CEO are about the same as getting a cab in midtown Manhattan in the rain at rush hour. As a woman who has built her career in and around tech, I strongly suspected this even before this week’s report that the field has been narrowed […]
Read moreGoogle is talking to several publishers about a technology that’s similar to Snapchat, according to a Friday report in The Wall Street Journal. The technology, dubbed “Stamp,” could be revealed as soon as next week and contain content from Vox Media, CNN, Mic, the Washington Post and Time, the Journal reported. The technology could potentially […]
Read moreProfessional traders are not impressed with the Dow rally, driven by Boeing, Apple and a few banks. August is typically a down month: The S&P 500 has on average dropped 2.1 percent this month since 2010, according to the analytics tool Kensho. Right on schedule, the August slowdown has emerged. The issue is whether this […]
Read moreThe strong U.S. jobs numbers don’t look sustainable but wages are likely to increase, said Jan Hatzius, chief economist at Goldman Sachs. Hatzius spoke after the Labor Department said Friday that the U.S. economy added 209,000 jobs in July and the unemployment rate fell to 4.3 percent from 4.4 percent, the lowest since March 2001. […]
Read moreThe S&P 500 is on pace for its 72nd straight trading session without a gain of 1 percent or more — its longest such streak since early 2007. The implications of this kind of historical market calm that’s been the subject of much debate across Wall Street this year are concerning to some strategists who […]
Read moreWall Street analysts predict Activision Blizzard is the future of media and entertainment as it enters new businesses such as esports, consumer products and advertising. “With its stable of core franchises and a multitude of future growth opportunities, ATVI is building a Disney-type media business for the 21st Century, but with (much) higher operating margin,” […]
Read moreHow do entrepreneurs dress when pitching start-ups to investors? It seems like a trivial question, but experts and those who have done it say sartorial codes matter — and there are pitfalls. Founders tread a fine line: they must give the right impression to those with the money their businesses need, but they must also […]
Read moreA month after its initial public offering, Blue Apron is cutting almost a quarter of its employees. The meal-kit delivery company said it plans to close its facility in Jersey City, New Jersey, in October, and expects about 1,270 workers will not be transferring to the new location. The company told CNBC that all of […]
Read moreSAN FRANCISCO — For years, job hunting over the age of 40 in the youth-obsessed Silicon Valley could prove hazardous to your career. But judging from the experiences of technology workers roaming the country in search of job opportunities elsewhere, ageism is a universal problem in the industry. “It’s not just Silicon Valley. It is […]
Read moreBlue Apron shares have fallen 37 percent since its IPO, and one trader warns that the stock is a “no touch” ahead of its first earnings report scheduled for Thursday. The meal-kit delivery kit service went public on June 29 at $10 a share, but since then its shares have plummeted to single digits. Despite […]
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