Tag: Business

Marc Benioff is in talks to sell media company Time to Antenna Group

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty...

Apple to buy Pixelmator, the iPhone image editing app with AI features

Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple's "It's Glowtime" event in Cupertino, California, on Sept. 9, 2024.Nic...

Super Micro’s $50 billion stock collapse underscores risk of AI hype

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty ImagesIn March, Super...

Record numbers of wealthy Americans are making plans to leave the U.S. after the election

Ferragudo, Portugal.Gonzalo Azumendi | Stone | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a...

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S....

Thanksgiving box office showdown shows importance of premium screens

Wicked, Gladiator II, and Moana 2 Movie Posters.Sources: Universal (L), Paramount (C) and Disney (R)Three heavyweight Hollywood blockbusters will face off at the...

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peter Stern, CEO of Peloton Interactive.Courtesy: Peloton InteractivePeloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of...

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reins in costs...

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp...

Intel shares jump 7% on earnings beat, uplifting guidance

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle...

Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David...

Microsoft’s stock has worst day in two years after disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg...

Starbucks’ plan to return to its roots involves 200,000 Sharpies

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the...

Ford to halt production of electric F-150 Lightning next month until January

Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022.Michael Wayland | CNBCDETROIT...

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