Inventory Futures Waver Forward of Massive Tech Earnings

Stock Futures Waver Ahead of Big Tech Earnings

U.S. stock futures wobbled ahead of corporate results that will provide insight into the effects on the technology industry of inflation and supply-chain disruptions, including from the global chip shortage.  Futures tied to the S&P 500 ticked down less than 0.1% Wednesday, pointing to the broad-market index hovering after a five-day rally. It closed up … Read more

Congress Is Dropping Endurance With Massive-Tech Resistance, Klobuchar Says

Congress Is Losing Patience With Big-Tech Resistance, Klobuchar Says

WASHINGTON—Congress is growing impatient with big technology companies for resisting legislative remedies aimed at addressing social harms from internet platforms, Sen. Amy Klobuchar said Tuesday. “Every single thing we propose, they are against,” Ms. Klobuchar (D., Minn.) said at The Wall Street Journal’s Tech Live conference. “The more that time goes on, I’m not the … Read more

Sen. Amy Klobuchar, CEOs of Snap, Instacart and Substack Headline Second Day of WSJ Tech Dwell

Sen. Amy Klobuchar, CEOs of Snap, Instacart and Substack Headline Second Day of WSJ Tech Live

The Wall Street Journal’s hybrid Tech Live conference continues for a second day with top executives and regulators set to discuss privacy, big tech regulation and changes in the entertainment industry. Here is a rundown of interviews. Access to the conference is complimentary for Journal subscribers. You can see more details here. Instacart Inc. CEO … Read more

U.S. Lawmakers Step Up Stress to Undertake More durable Tech Legal guidelines

U.S. Lawmakers Step Up Pressure to Adopt Tougher Tech Laws

WASHINGTON—Legislation to curb the influence of big technology companies, including putting new restrictions on online content, is starting to gain traction in Congress as lawmakers narrow their targets and seek to build on public attention. A bipartisan group of senators including Amy Klobuchar (D., Minn.) and Chuck Grassley (R., Iowa) came out last week in … Read more

Kargo Acquires E-Commerce Advert-Tech Agency for $64 Million

Kargo Acquires E-Commerce Ad-Tech Firm for $64 Million

Advertising-technology company Kargo Global Inc. has acquired StitcherAds, an ad-tech firm focused on driving e-commerce sales, for $64 million, Kargo said. Kargo’s technology helps marketers buy ads that target certain types of consumers on the websites of hundreds of publishers, including on mobile and desktop devices. A growth area for the company has been in … Read more

WSJ Tech Dwell Convention Options Interviews With Alphabet CEO Sundar Pichai, CEOs of ViacomCBS and Reddit

WSJ Tech Live Conference Features Interviews With Alphabet CEO Sundar Pichai, CEOs of ViacomCBS and Reddit

The Wall Street Journal is hosting its virtual Tech Live conference with top executives, technologists and policy makers to discuss a range of issues including the lasting impact of Covid-19, as businesses grapple with disrupted supply chains, a shrinking labor force and the continuing chip shortage. The conference launches at a time when lawmakers are … Read more

Fb to Rent 10,000 Staff in EU to Construct Up ‘Metaverse’

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook Inc. FB -1.15% is planning to create 10,000 jobs in the European Union over the next five years to build a virtual realm it sees as a key component of its future and a major driver of new technology investment. The U.S. social-media giant said Sunday it would embark on a recruiting drive for … Read more

Fund to Let Retail Traders Guess on Early Tech Startups

Fund to Let Retail Investors Bet on Early Tech Startups

The founders of Forge Global Inc., an online marketplace for buying and selling shares of private firms, are launching a new money manager that invests in technology startups before they go public. The new company, D/XYZ, has raised $100 million for its first investment portfolio, Destiny Tech100, and aims to list it publicly as a … Read more

Effort to Bar Tech Corporations From ‘Self-Preferencing’ Good points Traction

Effort to Bar Tech Companies From ‘Self-Preferencing’ Gains Traction

WASHINGTON—Legislation to bar internet companies from favoring their own products on their platforms is gaining more support, in what could be a potential threat to the business models of tech giants like Amazon.com Inc. and Apple Inc. Bipartisan Senate legislation set to be unveiled on Thursday would prohibit dominant platforms from favoring their own products … Read more

Tech Moguls Again GoodLeap’s Inexperienced Housing Push With $12 Billion Valuation

Tech Moguls Back GoodLeap’s Green Housing Push With $12 Billion Valuation

Americans are going to need at least $450 billion to turn their homes green in coming years, says entrepreneur Hayes Barnard, and he wants to get it to them. Mr. Barnard, a former top executive at SolarCity Corp., raised more than $1 billion in the past 10 months from tech investing luminaries like Michael Dell … Read more