Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc.
Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.
Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission on Thursday sought a second delay and requested to provide the court another joint submission on or before April 30, indicating whether they have reached an agreement to settle a dispute over Musk's use of Twitter, both parties said in a court filing.
Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter.
Microsoft Corp's market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings and revenue beat Wall Street expectations.
New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc's unauthorized storage of up to 1.5 million Facebook users' email contact databases, the latest privacy issue to affect the U.S. social media giant.
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, as competitive pricing lured new subscribers to its monthly cellphone plans.
Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to woo restaurant partners and encourage customers to order more often and spend more.
Uber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of new regulations of the sector in Mexico's capital city, which include a ban on cash fares that could exclude many potential customers who lack bank accounts.