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MarketWatch.com - Internet Industry News



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More stories of Uber’s out-of-control workplace culture emerge

Thu, 23 Feb 2017 03:01:14 GMT

More stories of sexism, harassment and debauchery at Uber Technologies Inc. emerged Wednesday, in a New York Times report detailing the company’s aggressive corporate atmosphere.(image)



MarketWatch First Take: The Dorsey divergence: As Twitter stalls, Square still in high growth mode

Thu, 23 Feb 2017 01:10:20 GMT

The tale of Jack Dorsey’s two companies could not be more different. Square, Dorsey’s mobile payments company, is still in high growth mode, and plans to keep investing in the business, meaning that profitability is not in sight for the next 12 months.(image)



The Tell: Oh Snap! This could be the top

Thu, 23 Feb 2017 00:45:27 GMT

While ridiculous wealth is expected to rain down on the hipster enclave of Venice, Calif., next month courtesy of this year’s hottest IPO, gutting losses could be on tap for those betting the tech unicorn could spur big gains for the broader sector.(image)



The Wall Street Journal: Fashion site Poshmark says hackers stole money from some user accounts

Wed, 22 Feb 2017 22:27:05 GMT

Online fashion marketplace Poshmark Inc. said hackers targeted its systems and used stolen usernames and passwords to drain funds from some of its user accounts in recent days.(image)



ETF Focus: Technology ETF squeaks out longest-ever streak of gains

Wed, 22 Feb 2017 21:38:06 GMT

The technology sector has been in a remarkable uptrend in February, with the sector—as measured by the Technology Select Sector SPDR ETF, the largest exchange-traded fund to track the sector—posting a record 13 straight days of gains.(image)



Market Snapshot: Dow notches best record-setting streak in 30 years

Wed, 22 Feb 2017 21:32:47 GMT

The Dow on Wednesday ekes out a slight gain to log its best record-setting streak in three decades, but the broader equity benchmarks struggle as Federal Reserve minutes imply that the central bank is comfortable with raising interest rates “fairly soon.”(image)



Uber harassment scandal will hurt, but not in same way as #DeleteUber campaign

Wed, 22 Feb 2017 20:17:28 GMT

Uber is facing another brand crisis, but experts say it’s unclear how much of an impact it will have on the ride-hailing service.(image)



Barstool Sports, scrappy digital news outlet, has prime time ambitions

Wed, 22 Feb 2017 19:44:50 GMT

Barstool Sports and its new CEO Erika Nardini have some ambitious plans.(image)