Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Technology
Telehealth Startup Cerebral to Stop Prescribing Adderall for New Patients
Cerebral Inc. executives told its clinicians that the company will pause prescribing controlled substances such as Adderall to treat attention-deficit...
Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this...
Amazon Workers Reject Union in New York After Labor Victory at Separate Facility
Amazon.com workers voted against unionizing at a facility on Staten Island, N.Y., a win for the company after a loss...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
Apple’s Not-So-Secret Plan to Take Another Gigantic Bite of the Microchip Market
Apple AAPL -3.66% has shown it can design the brains of its devices, and is now poised to do something...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
WSJ News Exclusive | China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter,...
Elon Musk Sells About $4 Billion in Tesla Stock After Agreeing to Buy Twitter
Elon Musk sold roughly $4 billion worth of Tesla Inc. stock in the two days after agreeing to buy Twitter...
Airbnb Adopts Work-From-Anywhere Approach, Including Overseas
Airbnb Inc. ABNB 4.93% is telling employees they can now work from almost anywhere in the world without a pay...
Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results
Amazon.com Inc. AMZN 4.65% posted its first quarterly loss in seven years, a result that reflected broad economic trends related...
Biden Administration Advances Ban on Menthol Cigarettes
The Biden administration on Thursday took a significant step toward a national ban on menthol cigarettes, advancing a regulatory plan...
Elon Musk Criticizes Twitter Executive, Drawing Employee Backlash
Elon Musk, whose takeover bid for Twitter Inc. was accepted two days ago, continued to use the site to criticize...
Elon Musk’s SpaceX Lifts Four Astronauts in Flight to Space Station
SpaceX blasted four astronauts to the International Space Station on Wednesday morning in a mission that comes as billionaire founder...
Facebook Revenue Slows but User Gains Boost Stock
Facebook parent Meta Platforms Inc. FB -3.32% added more users than expected but posted its slowest revenue growth since going...
Alphabet Earnings Show Slowing Sales Growth on Digital-Ad Tumult
Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending.The company said...
EU Regulator Cautions Twitter on Content Moderation
A top European Union regulator cautioned that social-media giant Twitter Inc. TWTR -3.91% will need to follow the bloc’s new...
Consumer Brands Push for Clean-Energy Tax Credits
More than 40 companies, including consumer brands such as Airbnb Inc., ABNB 1.47% Lyft Inc., LYFT 2.26% Sierra Nevada Brewing...
Twitter Accepts Elon Musk’s Offer to Buy Company in $44 Billion Deal
Twitter Inc. TWTR 5.66% on Monday accepted Elon Musk’s bid to take over the company, which would give the world’s...
TikTok Owner ByteDance Taps Senior Lawyer Julie Gao as CFO
SINGAPORE—ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer,...
