Zoom Video Communications Inc. founder Eric Yuan transferred roughly 40% of his ownership in the company he runs, a stake valued at about $6 billion, after Zoom’s shares more than tripled last year. The transaction […]
Qualcomm Inc. parlayed the global 5G rollout and Apple Inc.’s inclusion of its chips in the iPhones models into an earnings jump that failed to satisfy investors betting phone-chip sales would be even higher. The […]
DoorDash, the food delivery provider that is seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 apiece, pricing above its range, according to people familiar with the matter. […]
Salesforce is in talks to acquire Slack, and a deal could be announced as soon as next week, according to a person familiar with the matter. Shares of Slack closed almost 38% higher Wednesday after […]
Mobile-phone chip-making giant Qualcomm Inc. expects a surge in smartphones sales next year as consumers flock to 5G-capable devices such as Apple Inc.’s new iPhone 12 that helped lift its latest results. Qualcomm, a leading […]
Snowflake Inc.’s shares skyrocketed on their first day of trading, giving the biggest tech IPO of the year a market value of $70.4 billion and feeding the recent bout of enthusiasm around initial public offerings.