Jack Ma, founder of Alibaba, explains to CNBC that there could be benefits from artificial intelligence, as people are freed to work less and travel more.
Pacific Crest initiates its price target for PayPal at $60, representing 14 percent upside from Tuesday's close.
CNBC's Steve Sedgwick and Arjun Kharpal contrast e-commerce giants Alibaba and Amazon.
Jim Cramer broke down his thoughts on Amazon’s recent moves and their impact on inflation.
The company's shares were up about 4 percent at record level of $146 in after-market trading on Tuesday. Revenue in Adobe's digital media business, whose flagship product is the Creative Cloud, rose 29 percent to $1.21 billion in the second quarter, beating analysts' estimate of $1.17 billion, according to financial data and analytics firm FactSet.
Revenue in Adobe's digital media business, its largest by revenue, rose to $1.21 billion in the second quarter from $943 million, beating analysts' estimate of $1.17 billion, according to financial data and analytics firm FactSet. Subscription revenue rose nearly 37 percent to $1.48 billion in the three months ended June 2. Adobe forecast third-quarter...
Instagram Stories now has 250 million daily active users as of June.
Jim Cramer broke down his thoughts on Amazon’s recent moves, its impact on inflation and why he thinks the Federal Reserve should take notice.
Prime Wardrobe is still being tested in beta, Amazon said, but shoppers can sign up to be notified about the program's expansion.
CNBC's Julia Boorstin sits down with Bob Pittman, iHeartMedia chairman and CEO, and Ryan Seacrest in Cannes, France to talk about consolidation in the radio space, and competition from digital players like Facebook and Google. Also Seacrest weighs in on rumors he is returning to "American Idol."
But Mnuchin refuses to discuss whether Trump's animosity toward Bezos during the campaign would influence the Amazon-Whole Foods deal.
CNBC's Julia Boorstin sits down with Hulu CEO Mike Hopkins to talk about streaming services, cord-cutting and developing original content. For us it's important to continue to develop original content and we're spending a lot, says Hopkins.
Co-founder Shane Smith says a new $450 million cash infusion from private equity powerhouse TPG helps his company take the next step.
Deutsche Bank lowers its rating on Costco to hold from buy, citing increasing competition from Amazon.
Google outlines four new steps it's taking to fight online extremist content on YouTube.
JAKARTA, June 19- Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant's fourth-largest user base. The social media giant currently operates in Indonesia through an office in central Jakarta. Indonesia had 69 million...
Investors applaud Amazon's $13.7 billion deal to acquire Whole Foods Market.
Goldman Sachs lowers its rating on Costco to neutral from buy, citing increasing competition from Amazon.
Call options for Whole Foods Market shares surged Friday after Amazon announced its plans to buy the grocery chain for $13.7 billion.
Jimmy Wales said that social media firms can do more to help break the echo chamber by feeding people articles that challenge their views.