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500 people have been arrested in Jan. 6 Capitol riot by Trump supporters, Attorney General Merrick Garland says


Created: Thu, 24 Jun 2021 21:18:35 GMT

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The number of arrests linked to the Jan. 6 Capitol riot by supporters of then-President Donald Trump has reached 500, Attorney General Merrick Garland said.

Read more: 500 people have been arrested in Jan. 6 Capitol riot by Trump supporters, Attorney General Merrick Garland says


Rudy Giuliani skips Dominion, Powell, MyPillow-Lindell defamation case hearing after his law license gets revoked in NY


Created: Thu, 24 Jun 2021 22:17:24 GMT

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Rudy Giuliani did not appear at a defamation case hearing attended by MyPillow CEO Mike Lindell, lawyer Sidney Powell and Dominion Voting Systems CEO John Poulos.

Read more: Rudy Giuliani skips Dominion, Powell, MyPillow-Lindell defamation case hearing after his law license gets revoked in NY


Four Silicon Valley VC firms notched billion-dollar IPO wins on Thursday


Created: Thu, 24 Jun 2021 21:09:24 GMT

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Benchmark and Index Ventures are the biggest winners from Confluent's IPO, while Emergence Capital and InterWest Partners are the top investors in Doximity.

Read more: Four Silicon Valley VC firms notched billion-dollar IPO wins on Thursday


House committee passes sweeping tech antitrust reforms, but their future remains murky


Created: Thu, 24 Jun 2021 21:27:07 GMT

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The markup surfaced rifts within parties that could ultimately hamper their ability to become law.

Read more: House committee passes sweeping tech antitrust reforms, but their future remains murky


Microsoft closes above $2 trillion market cap for the first time


Created: Thu, 24 Jun 2021 20:03:25 GMT

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Satya Nadella's Microsoft has become easier for companies to work with, it hasn't made deals that went bad, and its Teams and Azure assets are now common.

Read more: Microsoft closes above $2 trillion market cap for the first time


Department of Energy asks Congress for $201 million to bolster cybersecurity in wake of attacks


Created: Thu, 24 Jun 2021 20:55:04 GMT

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The increased investment in cybersecurity follows a steady drumbeat of ransomware attacks that have directly impacted Americans and hampered services.

Read more: Department of Energy asks Congress for $201 million to bolster cybersecurity in wake of attacks


Biden discusses bipartisan infrastructure deal from White House


Created: Thu, 24 Jun 2021 18:14:13 GMT

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President Joe Biden is scheduled to speak to reporters from the White House to discuss a breakthrough infrastructure deal.

Read more: Biden discusses bipartisan infrastructure deal from White House


Bipartisan infrastructure deal omits major climate change measures


Created: Thu, 24 Jun 2021 19:46:12 GMT

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The narrow infrastructure deal leaves President Biden's proposals on climate change to a separate bill that Democrats would try to pass using reconciliation.

Read more: Bipartisan infrastructure deal omits major climate change measures


BuzzFeed becomes digital media test case as industry waits to find out investor interest


Created: Thu, 24 Jun 2021 18:52:11 GMT

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BuzzFeed will be the first significant digital media company to go public in what may or may not become a wave of SPACs.

Read more: BuzzFeed becomes digital media test case as industry waits to find out investor interest


Doximity more than doubles in NYSE debut, giving health-tech company $9.4 billion market cap


Created: Thu, 24 Jun 2021 20:10:29 GMT

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Doximity, an 11-year-old online network for medical professionals, went public after increasing revenue 77% in the latest fiscal year to over $200 million.

Read more: Doximity more than doubles in NYSE debut, giving health-tech company $9.4 billion market cap


Confluent climbs 25% in Nasdaq debut after cloud software developer raises over $800 million in IPO


Created: Thu, 24 Jun 2021 20:46:24 GMT

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Seven years after spinning out of LinkedIn, Confluent held its stock market debut on Thursday.

Read more: Confluent climbs 25% in Nasdaq debut after cloud software developer raises over $800 million in IPO


Reddit trading is leading to 'massive market manipulation,' top investor warns. How to protect your portfolio


Created: Thu, 24 Jun 2021 19:03:10 GMT

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The Reddit-fueled trading "party" will likely end badly and hurt individual investors, top investment advisor Ric Edelman warns.

Read more: Reddit trading is leading to 'massive market manipulation,' top investor warns. How to protect your portfolio


Amazon's Prime Day sales were 'soft' compared with last year, Bank of America says


Created: Thu, 24 Jun 2021 16:19:21 GMT

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BofA analysts pointed to softer sales growth as one driver behind the lackluster Prime Day.

Read more: Amazon's Prime Day sales were 'soft' compared with last year, Bank of America says


Rudy Giuliani is suspended from practicing law in New York over false statements about Trump election loss


Created: Thu, 24 Jun 2021 21:20:30 GMT

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The suspension is a stunning blow to Giuliani, who has promoted false claims that Donald Trump's 2020 election loss was due to voter fraud.

Read more: Rudy Giuliani is suspended from practicing law in New York over false statements about Trump election loss


Ford loses chief technology officer to Amazon in industry battle over talent


Created: Thu, 24 Jun 2021 18:37:42 GMT

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Ford is losing its chief technology officer to Amazon, marking an ongoing talent battle between the automotive and technology industries.

Read more: Ford loses chief technology officer to Amazon in industry battle over talent


House to form select committee on Capitol invasion, Pelosi says


Created: Thu, 24 Jun 2021 17:06:14 GMT

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The committee will investigate the facts and causes of the Jan. 6 Capitol invasion by Trump's supporters, and will make recommendations, Pelosi said.

Read more: House to form select committee on Capitol invasion, Pelosi says


Darden Restaurants CEO says speculation is driving up real estate prices


Created: Thu, 24 Jun 2021 18:13:13 GMT

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Darden Restaurants CEO Gene Lee said that speculation is driving up real estate prices.

Read more: Darden Restaurants CEO says speculation is driving up real estate prices


Democrats and Republicans form odd alliances during tech antitrust debate


Created: Thu, 24 Jun 2021 18:27:27 GMT

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Cracking down on Big Tech is a rare bipartisan goal, but a lengthy debate in the House on Wednesday showed there's vast disagreement over how that should happen.

Read more: Democrats and Republicans form odd alliances during tech antitrust debate


Ad tech stocks surge as Google delays killing third-party cookies until 2023


Created: Thu, 24 Jun 2021 20:04:42 GMT

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Google is giving the advertising industry more time to plan for more privacy-conscious targeted ads by extending a timeline to remove third-party cookies.

Read more: Ad tech stocks surge as Google delays killing third-party cookies until 2023


You can now choose and design a newly built home and put it in your shopping cart, as big builders launch virtual homebuying


Created: Thu, 24 Jun 2021 17:29:11 GMT

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Big builders are launching new programs where buyers can do the whole process online.

Read more: You can now choose and design a newly built home and put it in your shopping cart, as big builders launch virtual homebuying


BuzzFeed announces plans to go public via SPAC, targets $1.5 billion valuation


Created: Thu, 24 Jun 2021 15:51:11 GMT

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BuzzFeed, a 15-year-old digital media company, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company.

Read more: BuzzFeed announces plans to go public via SPAC, targets $1.5 billion valuation


Luminar's shares pop after Volvo says it will use start-up's lidar technology as standard equipment on new EV


Created: Thu, 24 Jun 2021 20:08:16 GMT

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Volvo and is integrating start-up Luminar Technologies Iris lidar system as standard equipiment on the automaker's upcoming electric flagship SUV.

Read more: Luminar's shares pop after Volvo says it will use start-up's lidar technology as standard equipment on new EV


Mike Pompeo, other 2024 GOP hopefuls head to New York to meet with donors as possible White House bids loom


Created: Thu, 24 Jun 2021 12:35:09 GMT

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Mike Pompeo has been making the biggest push into New York donor circles since the 2020 presidential election, according to people familiar with the efforts.

Read more: Mike Pompeo, other 2024 GOP hopefuls head to New York to meet with donors as possible White House bids loom


Jobless claims hold above 400,000 for the second week in a row


Created: Thu, 24 Jun 2021 15:52:52 GMT

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First-time claims for unemployment insurance were expected to total 380,000 for the week ended June 19.

Read more: Jobless claims hold above 400,000 for the second week in a row


‘We have a deal,’ Biden says after meeting with Senate infrastructure group


Created: Thu, 24 Jun 2021 18:39:25 GMT

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President Joe Biden declared that the White House has struck an infrastructure deal with a bipartisan group of senators.

Read more: ‘We have a deal,’ Biden says after meeting with Senate infrastructure group


Stocks making the biggest moves in the premarket: Eli Lilly, Accenture, Rite Aid & more


Created: Thu, 24 Jun 2021 11:47:38 GMT

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The stocks making the biggest moves in premarket trading include Eli Lilly, Accenture, Rite Aid, and more.

Read more: Stocks making the biggest moves in the premarket: Eli Lilly, Accenture, Rite Aid & more


TV ad tech company Innovid plans going public via SPAC


Created: Thu, 24 Jun 2021 11:30:01 GMT

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Innovid runs a software platform that helps advertisers create, deliver and measure ads on streaming video services and internet-connected TV platforms.

Read more: TV ad tech company Innovid plans going public via SPAC


OIive Garden parent's same-store sales near pre-pandemic levels as Covid restrictions ease


Created: Thu, 24 Jun 2021 13:50:37 GMT

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Darden Restaurants on Thursday reported that its fiscal fourth quarter same-store sales nearly returned to 2019 levels.

Read more: OIive Garden parent's same-store sales near pre-pandemic levels as Covid restrictions ease


Elon Musk says Starlink will go public when its cash flow is more predictable


Created: Thu, 24 Jun 2021 09:23:24 GMT

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Tesla and SpaceX CEO Elon Musk said he will only publicly list satellite broadband service Starlink when its cash flow is more predictable.

Read more: Elon Musk says Starlink will go public when its cash flow is more predictable


Meet the man designing Google’s futuristic new headquarters


Created: Thu, 24 Jun 2021 10:36:50 GMT

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In 2012, British designer Thomas Heatherwick found himself having dinner with Google co-founder Larry Page at the billionaire's house in California.

Read more: Meet the man designing Google’s futuristic new headquarters

 
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