Utah data analytics company Domo is no longer worth more than $1 billion, a symbolic mark that could spell trouble for private investors ahead of the company’s planned IPO. In an updated filing for its initial public offering on Monday, the company said the middle of the range for pricing shares is $20.50, which would […]

Late on a recent night, more than 600,000 people watched one of the most popular video game players, Tyler Blevins, engage in Fortnite Battle Royale with a celebrity guest: Drake. Mr. Blevins streams his near-daily video game sessions live on Twitch, a website acquired by Amazon in 2014 for $1.1 billion. He makes more than […]

Amy Garvoille wanted to get back into the gym. She was looking for a routine and stumbled upon a fitness app called Aaptiv. It offers audio workouts where trainers coach users through the moves and encourage them throughout the session. Garvoille signed up for a free trial and was hooked after two workouts. “I’ve never […]

Intel’s sales growth in the data center market will slow this year, according to a small Wall Street firm. Northland Capital Markets lowered its rating to underperform from market perform for Intel shares, citing rising competition from AMD and Nvidia. “Workloads in Data Centers are shifting to AI. This we believe is increasing the use […]

Snap CEO Evan Spiegel isn’t worried about Facebook‘s frequent imitations of his app features, saying Monday, “the innovators win in the long run.” “I think usually when the innovators win is when a really big platform shift happens, which is why we’re investing so heavily in things like augmented reality,” Spiegel told CNBC’s Julia Boorstin […]

The U.S. Supreme Court on Monday agreed to take up Apple‘s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should. The justices said they would hear Apple’s appeal of a lower court’s ruling that revived […]

J.P. Morgan believes Micron shares can go higher even after its stunning rally. The firm reiterated its overweight rating for the chipmaker’s shares, citing strong demand for memory chips in the cloud computing market. “Stay long Micron heading into earnings. We see further upside in Micron shares as the team is executing well in an […]

Disney is expected to add cash to its bid for Twenty-First Century Fox assets, sources tell CNBC. The move comes days after CNBC parent Comcast launched a $65 billion cash bid for the assets, which include Fox’s movie studios, networks National Geographic and FX, Star TV, stakes in Sky, Endemol Shine Group and Hulu as […]

Microsoft has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates. Terms of the deal, announced Monday, weren’t disclosed. The move shows Microsoft remains eager to win share in education, where Google’s Chromebooks have become popular. Microsoft is making Flipgrid free of charge. […]

Nvidia shares will rise as the chipmaker benefits from governments using artificial intelligence technology to monitor its citizens, according to a Wall Street firm. UBS raised its price target to $285 from $266 for Nvidia shares, citing the company’s leadership in the machine learning chip and software markets. Nvidia offers its “Metropolis” platform, which enables […]