Technology

Rivian prices shares at $78 in highly anticipated IPO

Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing the electric-vehicle maker at more than $77 billion on a fully diluted basis, according to a person familiar with the matter.

Netflix to test short-form video feature 'Kids Clips'

As Netflix continues to look for new ways diversify itself amid growing competition, the streaming behemoth is setting its sights on a space that has been dominated by TikTok and Instagram Reels: short-form videos.

Bitcoin hits all-time high

Ava Labs President John Wu on investing in cryptocurrency industry, expected Coinbase earnings report and Bitcoin's increasing popularity.

AMD's stock is surging, here's why

AMD is on pace to close at an all-time high with the biggest percentage increase since July of 2020 thanks to a deal with Facebook.

Walmart rolls out driverless trucks for deliveries of online orders

Since August, Walmart and autonomous vehicle startup Gatik have deployed fully autonomous trucks without a safety driver for a daily, seven-mile delivery route between a "dark store", or fulfillment center, and a Neighborhood Market retail store in Bentonville, Arkansas, where the retailer's headquarters is located.

McAfee to go private in $14B deal

McAfee Corp. is being taken private by a group of investors in a deal that values the cybersecurity firm at more than $14 billion including debt.