Brandi Susewitz founded Clear Office, a website that lists and sells high-end furniture leftover from office buildings. Brandi Susewitz When Oracle announced plans to move its corporate headquarters from Silicon Valley to Texas, it needed to clear out multiple floors of furniture sitting inside its office. Instead of putting it in a landfill, the company
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Times Square in New York City. Angela Weiss | AFP | Getty Images This time last year, The Trade Desk CEO Jeff Green watched as advertisers started to pause every campaign they could. The ad tech executive said in the early days of the pandemic, digital advertising was at a disadvantage. It was easier for
Zoom In IconArrows pointing outwards 2021 is a crucial year for sports betting sites like DraftKings and FanDuel. Nineteen states will decide whether to legalize sports betting this year, either through voter referendum or state legislature statute. If every state votes yes, that would more than double the amount of states that have legalized —
Apple on Friday said that it is discontinuing the original HomePod smart speaker and will instead focus on the smaller, more affordable and newer HomePod mini. The original HomePod was launched in 2018 but never quite grabbed the mass market the way competing products like the Amazon Echo or Google Home smart speakers did. While
Senate Foreign Relations Committee member Sen. Marco Rubio, R-Fla., questions witnesses during a hearing about Venezuela on Aug. 4, 2020. Chip Somodevilla | Getty Images Republican Sen. Marco Rubio on Friday sided with Amazon workers in Alabama who are in the midst of organizing their warehouse, lending bipartisan support behind the closely watched union vote.
Facebook CEO Mark Zuckerberg. Andrew Caballero-Reynolds | AFP | Getty Images For the past few weeks, Facebook has been running an ad campaign in defense of personalized advertisements, arguing that targeted ads are key to the success of small businesses. The catalyst for the campaign has been an ongoing battle between the social media company
Ready Player One Source: Warner Bros. Gaming company Roblox went public Wednesday and ended its first trading session with an eye-popping $38 billion market cap. It’s natural to wonder why a money-losing company that makes video games for an audience of mostly children and teens attracted such a lofty valuation. (Although its impressive growth throughout
David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Ian Tuttle | Getty Images Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company’s founder
MUNICH, GERMANY – SEPTEMBER 29: Tim Cook, CEO Apple, during the Oktoberfest 2019 at Kaeferschaenke beer tent. Gisela Schober | German Select | Getty Images Apple has announced that it plans to create a major new chip lab in Munich as part of a 1 billion euro ($1.19 billion) plus investment into Germany over the
Bad Business on Roblox Bad Business Ethan Gawronski was about 10 years old when he discovered Roblox. He dove into its games, mostly to socialize with other kids. Now, at age 20, Gawronski has his own Roblox game that he works on full time with his girlfriend, Elle Deppe. The couple, who met on the
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin’s value surpassed $1 trillion on Tuesday as the price of the cryptocurrency jumped. The digital coin’s price rose on Tuesday and
David Zaslav Anjali Sundaram | CNBC It’s not GameStop, but Discovery can thank the Reddit effect for an enormous surge in its stock price this year. Since launching Discovery+ on Jan. 4, Discovery shares are up a whopping 116%, closing Monday up another 4.7% at $67.25 — an all-time high. The market capitalization of the
Deliveroo CEO Will Shu. Aurelien Morissard | IP3 | Getty Images LONDON —Deliveroo, the Amazon-backed food delivery service, has revealed that it recorded a loss of £223.7 million ($309 million) last year in plans to float on the London Stock Exchange that were published Monday. Deliveroo’s losses are substantially less than they were in 2019,
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. The Twitter CEO shared a
Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., speaks during the opening keynote of the 2019 DreamForce conference in San Francisco on Nov. 19, 2019. Salesforce.com Inc.s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests
Experts agree that lowering our carbon emissions is no longer enough. In a 2018 report, the Intergovernmental Panel on Climate Change said that, if we are to limit global warming to 1.5 degrees Celsius and avoid the worst effects of climate change, we need to actually remove between 100 to 1,000 gigatons of carbon dioxide from