On Monday, Amazon’s chief merchant, John Farrell, announced in a LinkedIn post that he’s leaving the company to “explore new challenges.” Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant…
Mark Surman, president of Mozilla Foundation, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters From his small, snow-covered farm outside Toronto, home to cats and a dog, and soon some donkeys, Mark Surman has been laying the groundwork for a fierce…
Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up…
Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Some projections estimate the project could cost more than $500 billion over two decades. During his second term in office, Trump has focused on rebuilding and modernizing the U.S. military and defense manufacturing. This month, the president called for a…
Thomas Fuller | Lightrocket | Getty Images TikTok has agreed to settle with a plaintiff and will no longer be part of a high-profile social media trial kicking off on Tuesday. An attorney for the plaintiff said the trial, held in Los Angeles Superior Court, will proceed as scheduled against Meta and Alphabet’s YouTube. The…
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images The value of Tesla’s brand lost $15.4 billion, about 36%, in 2025, marking a third-straight annual decline, according to research and consulting firm Brand…
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help. Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive…
Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images The Apple and Google Play app stores are hosting dozens of “nudify” apps that can take photos of people and use artificial intelligence to generate…
Sheldon Cooper | Lightrocket | Getty Images Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence. In a securities filing, Pinterest said it expects the cuts will be complete by the end of its third quarter in late…
From left, Mark Zuckerberg, CEO of Meta Platforms; Lauren Sanchez; Jeff Bezos, founder of Amazon.com; Sundar Pichai, CEO of Alphabet; and Elon Musk, CEO of Tesla, during the 60th presidential inauguration in the rotunda of the Capitol in Washington, Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images If 2025 was the year…