Roblox Shares Skyrocket on Better-Than-Expected Earnings
Online entertainment company saw a slight decline in users last month after its platform suffered a roughly 70-hour outage over Halloween weekend.
AMC Reports Narrower Loss as Moviegoers Return
The chain reported nearly 40 million attendees during the latest quarter, compared with about 22 million in the June quarter, but CEO Adam Aron said AMC's business still isn't where it needs to be.
Robinhood Hack Exposes Millions of Customer Names, Email Addresses
The trading app said the incident took place last week and that the breach has since been contained.
Tesla Stock Falls After Musk Promises to Sell 10% of Stake
The car maker's shares fell after Twitter users, in an online poll, directed CEO Elon Musk to sell one-tenth of his stock, valued at around $21 billion.
Newcrest to Acquire Pretium Resources
Newcrest Mining Ltd. has struck a deal to buy the rest of the shares of Pretium Resources Inc. in a deal with an equity value of about C$3.5 billion.
Chinese Developer Kaisa to Speed Up Asset Disposals
Chinese property developer Kaisa Group Holdings Ltd. plans to speed up asset disposals to meet investor obligations, after the indebted company missed a payment on a wealth-management product last week.
PayPal's Venmo strikes new partnership with Amazon; earnings outlook comes up short
PayPal Holdings Inc. fell short of expectations Monday with its holiday-quarter outlook while also announcing a new arrangement with Amazon.com Inc. through which Venmo users will be able to use the service as a checkout option on the e-commerce giant's platform.
Facebook Documents Accelerate EU Push to Regulate Social Media
After a series of meetings with whistleblower Frances Haugen, European Union policy makers called to act quickly to toughen and enact measures in a bill that aims to impose tighter rules on tech platforms.
McAfee to Sell Itself to a Private-Equity-Led Group
The security-software company it would be acquired by an investor group for around $12 billion in cash, about a year after it went public.
McDonald's CEO Apologizes for Text Exchange About Shooting Deaths
Chris Kempczinski plans to address U.S. employees. "I am learning from this," the CEO said.
