In this photo illustration, a key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkiye on November 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images As Airbnb’s recently appointed chief business officer, Dave Stephenson is playing a crucial role in the company’s future growth plans. He’s also … Read more
Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced its IPO on Wednesday at $34 a share, the top of the expected range. Reddit and selling … Read more
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended drought was broken up this week with the market debuts of … Read more
Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in its first day on the market. While Redditors interviewed by CNBC ahead of the offering said they were skipping out on the IPO due to concerns about the business and the … Read more
Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His … Read more
In this photo illustration an Airbnb logo is displayed on a smartphone on January 26, 2024 in Unspecified, United Kingdom. John Keeble | Getty Images Airbnb announced it will ban the use of indoor security cameras in any property listed on its site, and bring in new restrictions on outdoor cameras and noise monitoring devices. … Read more
Dr. Marc Harrison, who’s now CEO of HATCo, speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Dr. Marc Harrison is a different kind of venture capitalist. He’s not looking for the next Mark Zuckerberg or Elon Musk. He’s not hanging out at startup demo days. … Read more
Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Chris Ratcliffe | Bloomberg | Getty Images Amazon Web Services is still the cloud leader. But Microsoft is quickly closing the gap. While Microsoft doesn’t disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five … Read more
Illustration by Elham Ataeiazar Daryn Carr is no stranger to side hustles. After his mom died from Covid in 2020, he used funds from her pension to pay off some bills and buy a car. With the remaining money, he invested in crypto and started an ATM business. One day in 2022, while scrolling through … Read more
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the past few days. Artificial intelligence … Read more
