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...
Alibaba Posts Lower Profit as Chinese Tech Giant Boosts Spending
Alibaba Group Holding Ltd. reported an increase in revenue in the latest quarter, but profits fell as the e-commerce behemoth...
WSJ News Exclusive | Didi Global Considers Going Private to Placate China and Compensate Investors
HONG KONG—Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors...
WSJ News Exclusive | Ride-Sharing Startup Swvl Nearing Deal to Go Public With Female-Led SPAC
Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via a merger with a special-purpose...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
Blue Origin Launch: Jeff Bezos and Crew Complete Successful Space Flight
VAN HORN, Texas— Jeff Bezos and three passengers reached the edge of space and safely returned Tuesday morning after a...
Didi Faces a Cybersecurity Probe From Officials in China
Didi headquarters in Beijing earlier this year. Photo: Yan Cong/Bloomberg News Updated July 16, 2021 3:02 am ET SINGAPORE—China sent...
