Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3

Amazon CEO Jeff Bezos will leave his post later this year, turning the helm over to…

Who is Andy Jassy, Amazon’s next CEO?

Andy Jassy, Amazon AWS Source: CNBCAndy Jassy has spent the past 15 years converting Amazon from an…

Alphabet revenue up 23% as core advertising business shows strong growth

Shares of Alphabet, the parent company of Google, rose nearly 8% in extended trading on Tuesday…

Amazon reports first $100 billion quarter following holiday and pandemic shopping surge

Amazon announced in its earnings report for the fourth quarter of 2020 that AWS CEO Andy…

Google Cloud lost $5.61 billion on $13.06 billion revenue last year

Thomas Kurian, CEO of Alphabet's Google Cloud, speaks at the Google Cloud Next conference in San…

Amazon’s cloud division reports 28% revenue growth; AWS head Andy Jassy to succeed Bezos as Amazon CEO

Andy Jassy, CEO of Amazon Web Services, speaks during the WSJDLive Global Technology Conference in Laguna…

Chipotle shares fall 4% as surging digital orders ease from record pace, earnings fall short

A customer wearing a protective mask enters a Chipotle Mexican Grill Inc. restaurant in San Francisco,…

Boeing cuts its 777X backlog by more than a third after pushing back deliveries until 2023

A Boeing 777X airplane flies above the Boeing Everett FactoryDavid Ryder | ReutersBoeing cut its backlog…

Tesla to recall more than 130,000 cars following regulators’ pressure

Tesla Model S 75.Source: Tesla MotorsFollowing pressure from U.S. regulators, Tesla recalled 134,951 Model S and…

Amazon will pay $61.7 million to settle claims it withheld tips from delivery workers

Contractors working for the Amazon Inc. Flex program load packages into vehicles to deliver to customers…

Pfizer plans to deliver 200 million doses to U.S. by May, sooner than expected

A vaccination tray of Pfizer BioNtech vaccines.Matthias Bein | picture alliance | Getty ImagesPfizer plans to…

Uber agrees to buy alcohol delivery service Drizly for $1.1 billion

Uber announced Tuesday it is acquiring alcohol-delivery service Drizly for $1.1 billion in stock and cash.Following the…

Amazon unveils design for ‘Helix’ office building at HQ2 — here’s what it will look like

Amazon HQ2 rendering showing the Helix, which includes work space, will also be open to the…

Ulta Beauty to double Black-owned brands in its stores, feature more Black women in ads

Ulta Beauty unveiled an initiative Tuesday to better reflect the country's diversity with the products it…

Pfizer expects about $15 billion in 2021 sales from Covid vaccine

Empty vials of the Pfizer COVID-19 vaccine are seen at a first come first serve drive-thru…

UPS shares jump on strong fourth-quarter earnings as Covid drives online shopping

A driver for an independent contractor wears a protective mask while operating a delivery truck to…

Alibaba’s cloud division profitable for the first time as Jack Ma’s empire faces regulatory scrutiny

The Alibaba Group Holdings Ltd. headquarters stand illuminated at night ahead of the annual November 11…

The Winklevoss’ bitcoin exchange is pushing into banking with a new savings product

Cameron (L) and Tyler (R) Winklevoss.Adam Jeffery | CNBC Gemini, the cryptocurrency exchange founded by Tyler…

Britain is cracking down on the $3.7 billion ‘buy now, pay later’ industry

The logo of Swedish payment provider Klarna is shown on the display of a smartphone on…

Moonpig shares jump 25% in first major London tech listing of the year

An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc's logo…

UiPath and Databricks set up for direct listings with latest funding

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company's Spark and AI Summit in…

Nio deliveries in January quadruple from a year ago, signaling a strong start to 2021

Bin Li, CEO of Chinese electric vehicle start-up NIO Inc., celebrates after ringing a bell as…

Soon you’ll be able to unlock your iPhone with a mask on — if you’re wearing an Apple Watch

A pedestrian wearing a protective mask uses her mobile phone while walking past an Apple iPhone…