[ad_1] Netflix Inc. will get a chance next week to validate the US$46 billion added to its market value since the company’s blowout earnings report in April. The main question hanging over Netflix’s second-quarter results — much like the first — is whether the company can add enough streaming subscribers to satisfy investors, whose bullish…
[ad_1] It took decades for Wall Street titans Jamie Dimon and Lloyd Blankfein to become billionaires. Baiju Bhatt and Vlad Tenev did it in a Silicon Valley minute. The Robinhood Markets Inc. co-founders achieved that milestone after a recent funding round for the electronic stock brokerage pushed its valuation to about US$6 billion, up from…
[ad_1] Larry Page’s ‘city of the future’ has found its first home in Toronto. Sidewalk Labs LLC, the urban innovation unit of Page’s Alphabet Inc., and Waterfront Toronto plan to foster the development of a high-tech community from scratch along Lake Ontario in Canada’s biggest city. The area aims to become an innovation hub for…
[ad_1] A surge in Amazon.com Inc. shares Thursday morning in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person. Shares of the online retailer rose 1.8 per cent to US$1,071.31 as of 9:30 a.m. in New York. If the gains hold through the close, Bezos,…