Priceline's Stock Pummeled, May See Worst Drop Since 2012
Priceline Group's stock is getting punished after a weaker-than-expected outlook.
Amazon Shares Jump After Earnings Crush Estimates
The e-commerce giant revealed first-quarter results that topped Wall Street expectations in the first three months of the year, sending shares higher in after-hours action.
Priceline CEO Quits over Relationship With Employee
Priceline Group said Chief Executive Darren Huston had resigned, effective immediately, following an investigation related to a personal relationship that he had with an employee under his direct supervision.
Wal-Mart Expands Online Grocery Pickup to Eight More Cities
Wal-Mart Stores is expanding free curbside pickup of groceries into eight new cities this month including Kansas City and Austin as the retailer gains confidence it can make the strategy work on a larger scale, a senior executive told Reuters.
Friendly Reminder: Your Monthly Netflix Bill Is About to Go Up
Remember a while back when Netflix let current subscribers keep their lower monthly subscription rate? That’s changing next month.
As Uber & Lyft Hire More Drivers, Taxicab Medallion Values Tank
The price of a permit to drive a taxicab or a "medallion" is dropping like a stone. Medallion prices in Boston are down 50% as of last week and are down nearly 40% in New York City from record levels.
Blue Apron and the Booming Meal Delivery Business
Partly driven by the success of the GrubHub IPO, over $500 million was invested in food delivery startups last year, according to Pitchbook data.
True Ventures Closes $290 Million Fund
True Ventures, an early-stage venture firm, has closed a $290 million fund. This is the fourth fund for the firm, having raised almost $900 million since 2005.
VCs Loving LA, but Don’t Call it ‘Silicon Beach’
Once in Silicon Valley's shadow, the LA tech community is home to some of the most valuable startups...but can it rise to become THE startup capital?
Most Venture Funding Since 2001
The second quarter of this year saw the most U.S. venture funding since the dotcom boom days, according to data from Thomson Reuters and the National Venture Capital Association.
Bitcoin Investment Skyrockets
There has already been more venture capital poured into digital currency bitcoin this year than all of the last year, CoinDesk data shows. In fact, $113 million has been invested into bitcoin startups in 2014.
Yelp is Now Profitable
Yelp reported a 61% increase from the same period last year with $89 million in revenue for the 2Q, beating analysts' estimates of $86 million.
Is Uber Worth $50 Billion? Not Even Close
Uber will probably be worth its ginormous valuation someday, but it might be in for a rough ride between now and then.
Why Tim Draper Bought All Those Bitcoins
The billionaire investor divulges to FOX Business why he gobbled up $19 million worth of bitcoin last month.
How To Fix Twitter - Small Businesses Have it Right
The secret sauce for turning around Twitter may lie among the world’s most inconspicuous small businesses.
Amaya CEO Baazov Goes on Indefinite Leave
Amaya Inc Chief Executive David Baazov was taking an indefinite paid leave of absence, the Canadian gambling website operator said, a week after Baazov was charged with insider trading by Quebec's securities regulator.
How Prime Makes Amazon Profitable
Image source: Amazon.
Facebook's Oculus Starts Shipping Rift Virtual Reality Headset
Virtual reality company Oculus started shipping its highly awaited Rift headsets from Monday, about two years after the company was acquired by social media giant Facebook Inc.
Bitcoin 'Billionaire' Hands Out 'Tips' Worth Thousands of Dollars to Strangers
In one of the more bizarre twists in the Bitcoin phenomenon, this week one user of the virtual currency handed out tips worth thousands of dollars to total strangers.
Bitcoin Exchange Halts Trading For 12 Hours After Meltdown
Bitcoin’s largest exchange revealed plans to halt trading for about 12 hours to allow a “cool down” after an incredible 61% meltdown in the value of the virtual currency.
















