Slack co-founder and CTO Cal Henderson Source: Slack LONDON — Slack co-founder and chief technology officer Cal Henderson said Wednesday that he had his doubts about whether companies could work from home before the coronavirus pandemic. “I was definitely a remote work, like fully distributed work, skeptic prior to this year,” said Henderson, whose
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Josh Tetrick, CEO of Eat Just, had at least one thing to be grateful for this Thanksgiving: Regulators in Singapore had issued the company the world’s first approval for its cultured meats. The decision paves the way for Eat Just, which is best known for its plant-based egg substitute, to sell its lab-grown chicken as
CEO and founder of U.S. Nikola, Trevor Milton attends a dinner held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy, December 2, 2019. Massimo Pinca | Reuters Ousted Nikola Chairman and founder Trevor Milton is the company’s largest shareholder with more than
The founders of GitLab, Dmitriy Zaporozhets and Sid Sijbrandij GitLab GitLab, a site that helps developers share and manage code, is letting some employees sell a portion of their equity in an offering that values the company at over $6 billion, according to people familiar with the matter. That’s more than double GitLab’s $2.7 billion
Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce’s deal to buy Slack is expected to be announced Tuesday after markets close, sources told CNBC’s David Faber. The deal
President-elect Joe Biden introduces key foreign policy and national security nominees and appointments at the Queen Theatre on November 24, 2020 in Wilmington, Delaware. Mark Makela | Getty Images President-elect Joe Biden will likely have to wear a walking boot for several weeks after suffering small fractures in his foot, his physician said on Sunday.
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Zoom is poised to show another monster quarter when it reports results on Monday,
The space trade is skyrocketing higher. The Procure Space ETF (UFO), the first-ever global ETF to give investors access to the growing space industry, has soared nearly 20% in November amid some positive tailwinds including SpaceX’s historic Crew-1 launch with NASA, the first of its kind conducted by a private company. Though some of the
Hundreds of Trump supporters and gather near the Capitol Building for the Stop the Steal Rally in Atlanta, GA. as well as counter protesters in Atlanta, GA. Jason Armond | Los Angeles Times | Getty Images President Donald Trump, who has blamed his loss to President-elect Joe Biden on false claims that the U.S. voting
A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters More data will be needed from AstraZeneca‘s coronavirus vaccine trials to determine the drug’s safety and efficacy following concerns from experts in the U.S., scientists from the University of Oxford and the
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than
An Amazon warehouse Getty Images Amazon is providing front-line workers a one-time bonus to share its appreciation for their work heading into “the peak of the holiday season,” the company announced Thursday. In a blog post, Dave Clark, Amazon’s senior vice president of retail operations, said full-time operations staff who are employed by the company from
An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020. DAVID MCNEW | AFP | Getty Images Disney is expanding the scope of its layoffs to around 32,000 workers as the
Operation Warp Speed’s Chief Science Advisor Moncef Slaoui told CNBC that Americans can expect to get back to ‘normal’ by summer 2021, as families across the United States spend Thanksgiving apart this year in order to keep their loved ones safe. “We hope that we would have vaccinated 70% to 80% of the U.S. population
The pace of first-time filings for jobless claims picked up last week, with the jobs market showing increasing vulnerability to the coronavirus spread. Claims totaled 778,000 for the week ended Nov. 21, ahead of the 733,000 expectation from economists surveyed by Dow Jones and up from 742,000 the previous week. Continuing claims for those collecting
Nikola Motor Company Two truck Source: Nikola Motor Company Shares of embattled electric vehicle start-up Nikola Corp. fell by more than 8% in afterhours trading after CEO Mark Russell failed to reassure investors that the company’s $2 billion deal with General Motors would still go through and that ousted founder Trevor Milton wouldn’t suddenly sell
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – The electronics retailer reported quarterly earnings of $2.06 per share, beating the consensus estimate of $1.70 a share. Revenue came in above estimates as well. Best Buy’s comparable sales jumped 22.6%, well above the FactSet consensus estimate of 13.6%.
The Cleveland Clinic’s Chief Caregiver Officer Kelly Hancock urged her community to follow social distancing and mask guidelines as Covid-19 grips hundreds of those working inside of one of America’s best hospitals. “We had a record today, we saw nearly 12,000 new cases in the state of Ohio of Covid-positive patients, and so when you