Amazon was granted warrants to purchase up to $340 million worth of Generac stock, sending shares of the backup power provider soaring more than 40% in extended trading on Wednesday. As part of the �...
Adobe on Thursday named Anil Chakravarthy as its next president and CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year. Chakravarthy, who most recently served as p�...
New Jersey Attorney General Jennifer Davenport announced on Tuesday that she's suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors t�...
SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt "hopefully in a few days." A 90-minute launch window opened at 6:45 p.m. ET, �...
Jeff Bezos' Blue Origin is raising about $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin. Bezos is set to �...
Amazon plans to raise at least $25 billion through an eight-part bond sale, as it looks to continue its massive artificial intelligence buildout, sources told CNBC's David Faber. The company has als�...
Amazon pressured major brands like Levi Strauss & Co. and Hanes to inflate prices of listings on rival online marketplaces as part of wide-ranging price-fixing scheme, according to California Att�...
Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving at the end of this year, the company confirmed Wednesday. As part of the move, Amazon CEO Andy Ja�...