Language-learning company Duolingo made its market debut Wednesday on the Nasdaq and is now trading under the ticker symbol “DUOL.” The company’s stock began trading at $141.40 a share, higher
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Activision Blizzard CEO calls for investigation amid discrimination suit and employee walkout
CEO Bobby Kotick published a letter Tuesday evening, apologizing for the company's initial "tone deaf" response to the lawsuit filed last week alleging discrimination and sexual harassment. At least 50
Continue reading »The co-founder of Chinese smartphone maker OnePlus is taking on Apple with $99 wireless earbuds
OnePlus co-founder Carl Pei's new hardware start-up Nothing unveiled its first product Tuesday, a set of wireless earbuds called Ear 1. They come with active noise cancellation, similar to the
Continue reading »South Korea's SK Hynix sees strong memory chip demand in second half as profit jumps
SK Hynix said on Tuesday it expects strong memory chip demand to run on for the rest of 2021 on data center build-outs and the use of more sophisticated chips
Continue reading »Rivian raises $2.5 billion in new funding round led by Amazon, Ford
Rivian said Friday it closed a $2.5 billion funding round, led by existing investors Amazon, Ford and T. Rowe Price. The electric vehicle start-up said it has raised about $10.5
Continue reading »Elon Musk says Tesla Supercharger network will be open to other cars this year
Tesla CEO Elon Musk said Tuesday the company's DC fast-charging stations, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Musk did
Continue reading »Here's how Zoom is helping create the new world of hybrid work
In the early days of the pandemic, Zoom’s daily meeting participants grew 30 times — from 10 million participants to more than 300 million. Zoom is creating the next iteration
Continue reading »Apple said to boost iPhone production by as much as 20% following last year's 5G super cycle
Apple is asking suppliers to ramp up the production of its next-generation iPhones by 20%, according to a Bloomberg News report published late Tuesday. The jump from 2020 production numbers
Continue reading »Chinese antitrust regulator blocks Tencent's $5.3 billion video games merger
China's market regulator on Saturday said it would block Tencent Holdings' plan to merge the country's top two videogame streaming sites, Huya and DouYu , on antitrust grounds. Tencent first announced plans
Continue reading »Swedish crypto scammer sentenced to 15 years in prison
The Department of Justice says 47-year-old Roger Nils-Jonas Karlsson has been sentenced to 15 years in prison for securities fraud, wire fraud and money laundering charges. The Swedish man defrauded
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