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...
Technology
China Evergrande Scrapes Together More Cash From Tech Company Stake Sale
SINGAPORE— China Evergrande Group raised around $145 million in recent days by selling a chunk of its shares in a...
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...
Elon Musk’s Twitter Poll Results Are In, Favoring Tesla Stock Sale
Twitter users said Elon Musk should sell 10% of his Tesla Inc. stock after the billionaire chief executive polled them...
Airbnb Posts Record Results After Busy Summer Travel Season
Airbnb Inc. posted record revenue in the third quarter, punctuating the home-sharing company’s rebound from the collapse in bookings during...
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...
Roku Shares Fall 8% After Hours on Slower Account Growth
Roku Inc. reported a slowdown in new active accounts for its streaming services in the latest quarter and guided for...
Hospitals Face Steeper Fines for Shunning Federal Price-Disclosure Rules
The Biden administration on Tuesday finalized a regulation that will sharply increase the financial penalties for larger hospitals that don’t...
WSJ News Exclusive | DuPont Plans Moves That Would Remake Chemicals Company
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the...
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...
Roblox Outage Continues Into Weekend
Videogame company Roblox Corp. suffered an outage Thursday evening that continued through Saturday, leaving children around the globe looking for...
Journalists Venture Beyond Their Newsrooms to Try to Cash In
Substack and Facebook Bulletin are among the new services pursuing high-profile reporters and commentators, creating tension within traditional news organizations....
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...
Facebook Joins a Crowded Field In the Race to Build the ‘Metaverse.’ We All Have a Stake in the Outcome.
Tech billionaires are a quirky lot. Some are attempting to build a world imagined in utopian visions of the future,...
MacBook Pro 2021 Review: Nearly Perfect Back-to-the-Future Laptops
Apple’s move of the MacBook Pro from Intel chips to its very own M1 Pro and M1 Max processors wowed...
Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer
Almost a year into a global chip shortage, the problems are increasing for many customers as delays get even longer...
Facebook to Rebrand Company as Meta in Focus on Metaverse
Facebook Inc. Chief Executive Mark Zuckerberg said the company would change its name to Meta to reflect growth opportunities beyond...
Activision Blizzard Chief Reduces Pay, Pledges Changes Amid Probes Into Company Culture
Bobby Kotick, the longtime chief executive of videogame empire Activision Blizzard Inc., told employees Thursday he will take a pay...
Samsung Posts Record Quarterly Revenue From Chip Boom
SEOUL— Samsung Electronics Co. reported record quarterly revenue and saw net profit grow by 31% on the back of booming...
