Desperate Parents Turn to Shopping Bots to Hunt for Hottest Christmas Gifts
Frustrated by empty store shelves, some parents are turning to a new kind of Santa’s helper: the consumer-friendly shopping bot....
E-commerce
WSJ News Exclusive | Rivian Prices Shares at $78 in Highly Anticipated IPO
Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing...
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
Google to Pursue Pentagon Cloud-Computing Contract
Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
Uber and Lyft Thought Prices Would Normalize by Now. Here’s Why They Are Still High.
Americans hailing an Uber or a Lyft ride still face elevated prices due to a shortage of drivers—the latest example...
GameStop’s Chief Operating Officer Departs
GameStop Corp.’s chief operating officer, Jenna Owens, has left the company, less than a year after joining. GameStop didn’t give...
WSJ News Exclusive | Saks E-Commerce Unit Begins IPO Preparations
The fast-growing e-commerce business of luxury retailer Saks Fifth Avenue is aiming to go public soon at a valuation roughly...
Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages.
Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S....
Microsoft Hires Former Top Amazon Cloud Executive, Adding to Rivalry
Microsoft Corp. hired a top Amazon.com Inc. cloud veteran and ally of Chief Executive Andy Jassy, according to a company...
California Ballot Measure That Classifies Uber, Lyft Drivers as Independent Ruled Unconstitutional
A California judge said the November ballot measure that allowed Uber Technologies Inc., Lyft Inc. and DoorDash Inc. to continue...
Topps SPAC Merger Collapses After Loss of MLB Trading-Card Deal
Topps Co.’s plan to go public in a blank-check merger has been derailed by new exclusive contracts that Major League...
Alibaba Employee Was Sexually Abused Multiple Times, Say Chinese Authorities
Chinese authorities said they found that a female Alibaba Group Holding Ltd. employee was sexually abused both by her boss...
Alibaba Sets Anti-Sexual Harassment Measures After Employee Allegations
TAIPEI— Alibaba Group Holding Ltd. has announced new policies to combat sexual harassment, a response to sexual-assault allegations by a...
