Month: October 2021

Pacvue co-founders Zhaohui Tang, chairman, and Melissa Burdick, president. (Pacvue Photos) A huge exit doesn’t always require venture capital money. That’s what Pacvue just demonstrated. Los Angeles-based e-commerce software company Assembly announced today that it acquired Pacvue, a Seattle startup that sells similar B2B e-commerce tools. Terms were not disclosed, but dot.la pegged the purchase price
0 Comments
Shoppers who are part of the Supplemental Nutrition Assistance Program are feeling new pressure to stretch their dollars because of rising food prices and dwindling bank accounts. As the pandemic-fueled stimulus expires, consumer packaged goods companies will lose out on about $3 billion of sales from SNAP shoppers each month, according to research that IRI
0 Comments
AMD reported third quarter earnings after the bell on Tuesday. AMD has benefitted from a surge in electronics sales as its central processors and graphics processors power PCs, servers, and game consoles. AMD earnings and revenue beat analyst expectations, and the company issued a strong forecast for the fourth quarter. Bridget Bennett | Bloomberg |
0 Comments
Check out the companies making headlines in after hours trading: Robinhood — Shares of the stock-trading app declined more than 9% during extended trading after the company’s third-quarter revenue missed expectations amid a slowdown in cryptocurrency trading. The company reported net revenue of $365 million, short of the $432 million analysts surveyed by Refinitiv were
0 Comments
Is using slang in a business environment acceptable or objectionable? To uncover thoughts about the use of slang in business, Preply, the online educational platform that pair students with tutors remotely, carried out some comprehensive research. To find out how Americans feel about using decidedly unprofessional language in a work setting, Preply surveyed almost 2,000
0 Comments
AMD reported third quarter earnings after the bell on Tuesday. AMD has benefitted from a surge in electronics sales as its central processors and graphics processors power PCs, servers, and game consoles. AMD earnings and revenue beating analyst expectations, and the company issued a strong forecast for the fourth quarter. Bridget Bennett | Bloomberg |
0 Comments
Is using slang in a business environment acceptable or objectionable? To uncover thoughts about the use of slang in business, Preply, the online educational platform that pair students with tutors remotely, carried out some comprehensive research. To find out how Americans feel about using decidedly unprofessional language in a work setting, Preply surveyed almost 2,000
0 Comments
Twitter reported revenue growth of 37% in the third quarter to $1.284 billion. The company said Apple’s privacy changes to iOS 14 had less of an impact than expected. Twitter said fourth-quarter revenue will be $1.5 billion to $1.6 billion, while analysts were predicting sales for the quarter of $1.58 billion. Twitter’s stock price was
0 Comments
Microsoft shares were relatively unchanged in extended trading on Tuesday after the software and hardware maker reported fiscal first-quarter earnings that exceeded analysts’ estimates. Here’s how the company did: Earnings: $2.27 per share, adjusted. Revenue: $45.32 billion, vs. $43.97 billion as expected by analysts, according to Refinitiv. Total company revenue climbed 22% year over year,
0 Comments
Felicia Bochicchio (left) and Rick Perreault. (Unbounce Photo) — Vancouver, B.C.-based landing page builder Unbounce announced Felicia Bochicchio as its new CEO. She was most recently the company’s president and previously chief revenue officer. Bochicchio succeeds co-founder Rick Perreault who will become executive chair of the board. After being diagnosed with cancer, Perreault took a
0 Comments
Sequoia Capital is creating a new structure so that all its investments will roll up into a single fund called the Sequoia Fund. “For Sequoia, the 10-year fund cycle has become obsolete,” the Silicon Valley firm wrote in a blog post. By eliminating timelines for returning capital to outside investors, Sequoia says it can hold
0 Comments
Both General Motors and Ford Motor are expected to report solid third-quarter earnings Wednesday despite an ongoing global disruption of supply chains. Both of the Detroit automakers have managed as well as they could during the disruptions, allowing them to raise their earnings expectations for the year on record vehicle pricing and profits. DETROIT –
0 Comments
Kim Wyman. (Washington Secretary of State Photo) The Biden administration has tapped Washington Secretary of State Kim Wyman to lead a national effort to curb foreign and domestic election interference. Wyman, Washington’s sole GOP statewide officeholder, will be the top official within the Department Homeland Security’s Cybersecurity and Infrastructure Security Agency. In the 2020 election
0 Comments
Sequoia Capital is creating a new structure so that all of its investments will roll up into a single fund called the Sequoia Fund. “For Sequoia, the 10-year fund cycle has become obsolete,” the Silicon Valley firm wrote in a blog post. By eliminating timelines for returning capital to outside investors, Sequoia says it can
0 Comments
Is using slang in a business environment acceptable or objectionable? To uncover thoughts about the use of slang in business, Preply, the online educational platform that pair students with tutors remotely, carried out some comprehensive research. To find out how Americans feel about using decidedly unprofessional language in a work setting, Preply surveyed almost 2,000
0 Comments
Business Warrior has announced it is offering $5 million to small business owners that are having a hard time getting loans from traditional banks. The company will provide loans from $5,000 to $50,000 without the exorbitant rates cash advance companies charge. Company Offering $5 Million in Small Business Loans One of the challenges small business
0 Comments
In this article DOGE.CM= Jay Clayton speaking at the 2019 Delivering Alpha conference in New York. Adam Jeffery | CNBC Social media frenzies have encouraged retail investors to jump into meme stocks and certain cryptocurrencies, pushing up prices beyond fundamental values. The influence is likely to stay, according to former Securities and Exchange chairman Jay
0 Comments
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
0 Comments