Reddit’s post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.
Category: Technology
Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface
Microsoft said Monday it has selected company veteran Pavan Davuluri to run its groups working on the Windows operating system and Surface devices.
Reddit shares rise 30% to start week after social media company’s IPO
Reddit shares climbed 30% to $59.80 at the market’s close on Monday.
Software startup Recurrent helps used EV buyers know how much life is left in a vehicle
Recurrent aims to do for electric vehicle batteries what odometers do for fuel-powered cars: show the wear and tear on the battery and its future value.
Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America
Tesla CEO Elon Musk sent an email to employees on Monday informing them they have to show customers how to use “FSD” before making delivery in North America.
Inside Austin’s bitcoin underground
Austin bitcoin ‘maxis’ talk code at underground meetups that attract a range of crypto enthusiasts, from corporate bitcoin operators to VCs and preppers.
Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull
Morgan Stanley captured the coveted lead left spot on IPOs for Reddit and Astera Labs this week.
Apple faces years of distractions after DOJ antitrust suit
If the DOJ wins, it could seek a range of changes to Apple’s business. U.S. officials didn’t rule out the possibility that Apple could be broken up.
Here’s the DOJ antitrust chief’s message to Apple shareholders
The comments from Assistant Attorney General Jonathan Kanter came a day after the DOJ filed suit against Apple alleging the iPhone gives the company a monopoly.