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A terminal replacement plan put on hold due to Covid-19 is back on track, but funding sources for this — and for other airport infrastructure projects around the country — are “simply inadequate,” Miller said. Bing Guan / Bloomberg via Getty ImagesIn 2020, Raleigh-Durham International Airport deferred $96 million in construction projects. In April 2020, San Francisco International Airport announced the postponement of a billion-dollar renovation project for Terminal 3 West, where United Airlines operates. “The pandemic really highlighted the need for our Terminal Modernization Project,” said Christina Cassotis, the airport's CEO. That makes funding for the airport infrastructure projects even more crucial.
Persons: ” Frank Miller, ” Miller, underfunding ”, “ We’re, , Kevin Burke, Joe Biden’s, Bing Guan, Doug Yakel, , Sean Donohue, , Christina Cassotis, “ We’ll, ” Burke Organizations: Avelo Airlines, Hollywood, Airport, Los Angeles International, NBC News, Airports, ACI, Washington , D.C, Federal Aviation Administration, Avelo, Hollywood Burbank Airport, Bloomberg, Getty, Durham International Airport, San Francisco International Airport, United Airlines, , Dallas Fort Worth International, DFW, Los Angeles International Airport, Portland International Airport, Tacoma International Airport, Kansas City International, Pittsburgh International Airport Locations: America, Washington ,, Raleigh, Dallas, Portland, Seattle
GM's self-driving car unit Cruise to access $5 billion credit line
  + stars: | 2021-06-15 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville/File PhotoBERKELEY, California (Reuters) - General Motors Co’s majority owned Cruise self-driving car subsidiary said on Tuesday it would gain access to a multi-year $5 billion line of credit with GM’s finance arm to finance its purchase of Origin vehicles starting in early 2023. Self-driving startups are racing to build warchests, as developing and scaling up the technology is expensive and takes much time. This past month, General Motors began assembly of the first of about 100 pre-production Cruise Origin all-electric vehicles that will be built this summer for validation testing, Cruise said. Cruise is gearing up to start a commercial ride-sharing service in Dubai in 2023, while it has this year applied for permits needed to start charging for autonomous rides and delivery in San Francisco.
Persons: Heather Somerville, Dan Ammann, Cruise Organizations: General Motors Corp, REUTERS, General Motors, Cruise, Honda Locations: San Francisco, California, U.S, BERKELEY , California, Dubai
(Reuters) - Lyft Inc said on Tuesday it will launch an electric vehicle rental pilot program for ride-hail drivers in a part of the San Francisco Bay Area in partnership with a local utility. FILE PHOTO: A Lyft logo is seen in the Driver Hub in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File PhotoThe EV rental program in San Mateo County south of San Francisco is scheduled to begin this fall. Lyft already offers EV rentals in Seattle, Atlanta and Denver, where drivers are able to rent Kia Niro and Chevy Bolt EVs. Peninsula Clean Energy CEO Jan Pepper in a statement said the San Mateo program might eventually lead to more drivers switching to EVs.
Persons: Lucy Nicholson, San Mateo, Lyft, Lyft’s, Kia Niro, Chevy Bolt, Jan Pepper Organizations: Reuters, Lyft, San Francisco Bay Area, REUTERS, Peninsula Clean Energy, Clean Energy, San, San Mateo, Uber Technologies Inc, U.S, California Air Resources Board, Uber Locations: San Francisco Bay, Los Angeles , California, U.S, San Mateo County, San Francisco, Seattle, Atlanta, Denver, . Utilities, United States, California
Group messaging app IRL raises $170 mln, valued at $1.17 bln
  + stars: | 2021-06-15 | by ( Jane Lanhee Lee | ) www.reuters.com sentiment -0.99   time to read: +1 min
June 15 (Reuters) - Group messaging app IRL, short for in real life, on Tuesday said it raised $170 million in a funding round led by SoftBank Group Corp’s Vision Fund 2 that valued the company at $1.17 billion. The San Francisco-based startup’s messaging platform works like WhatsApp to create private group chats but also allows for public groups to form, said IRL CEO Abraham Shafi. The funding will be used to expand the business internationally and put in place a trust and safety team to monitor public groups. Until that team is in place, Shafi said IRL will only make verified groups publicly discoverable. While there are many messaging apps, Shafi said apart from Chinese messaging app WeChat, owned by Tencent Holdings Ltd , none offered public group chat along with private messaging.
Persons: Abraham Shafi, Shafi, , Jane Lanhee Lee, Cynthia Osterman Organizations: SoftBank Group, Vision, IRL, Tencent Holdings Locations: San Francisco
California reopens, says goodbye to most Covid rules
  + stars: | 2021-06-15 | by ( ) www.nbcnews.com + 0.00   time to read: +7 min
SAN FRANCISCO — California, the first state in America to put in place a coronavirus lockdown, is now turning a page on the pandemic. Just in time for summer, California wants to send the message that life in the Golden State is getting much closer to normal. Disneyland is throwing its doors open to all tourists after allowing just California residents. “The state is not just poised to recover, it’s poised to come roaring back.”To mark the reopening, Newsom will make a few lucky residents millionaires. Pandemic highs and lows saw California go from being a success story to the U.S. epicenter of the virus.
Persons: Castro, , Gavin Newsom, it’s, Newsom, Caroline Beteta, , Angie Barragan, , won’t, Sandy Rending, Tom La Torre, ” It’s, Rita Torres, She’s Organizations: FRANCISCO, Golden State, Dodgers, Giants, , Visit, California Nurses Association Locations: California, America, Golden, Los Angeles, San Francisco, United States, Visit California, U.S, Las Vegas, Mexican, Fisherman’s, Oakland
The nationwide security company monitors access-card swipes in more than 2,500 office buildings in cities across the country. As of Monday, an average of 31% of office workers had returned to the workspaces they occupied before the Covid-19 pandemic, according to Kastle. The number of employees who are back in the office has been inching up since vaccines began rolling out in the U.S. Office workers “are not coming back in force yet,” said Mark Ein, Kastle’s chairman. “Habits that have been formed over the last year and a half are going to take a while to break.”
Persons: , Mark Ein Organizations: D.C, Kastle Systems Locations: U.S, New York, Los Angeles, San Francisco, Washington
The nationwide security company monitors access-card swipes in more than 2,500 office buildings in cities across the country. As of Monday, an average of 31% of office workers had returned to the workspaces they occupied before the Covid-19 pandemic, according to Kastle. The number of employees who are back in the office has been inching up since vaccines began rolling out in the U.S. Office workers “are not coming back in force yet,” said Mark Ein, Kastle’s chairman. “Habits that have been formed over the last year and a half are going to take a while to break.”
Persons: , Mark Ein Organizations: D.C, Kastle Systems Locations: U.S, New York, Los Angeles, San Francisco, Washington
Uber is discussing changing its policies requiring employees to come to the office most days of the week. These people said this solution could be contentious internally, and it's unclear what Uber CEO Dara Khosrowshahi will ultimately decide. Uber is the latest tech company reckoning with employees pushing back on in-person work requirements. That was in line with other large tech companies' policies at the time, including Apple and Google. And it's spilled onto apps like Blind, where some employees call the requirement "dumb," given how distributed the teams are at Uber.
Persons: Uber, Dara Khosrowshahi, they'd, Nikki Krishnamurthy, Krishnamurthy, It's, who's Organizations: Uber, Facebook, Google, Apple Locations: San Francisco's, San, Mission Bay, San Francisco Bay
One of the last U.S. states to reopen, many of its health restrictions had already been relaxed or will not be completely phased out until autumn. Still, the formal unwinding of pandemic rules in America’s most populous state was yet another signal of a national turn toward recovery. In April, the U.S. Supreme Court struck down some of the state’s pandemic restrictions on religious gatherings. “But it saved lives.”Two earlier attempts at relaxing health rules ended with surges in new cases, but the calculus has changed significantly with immunization. “There is no American recovery without California’s recovery,” he said in an interview.
Persons: Allison Zaucha, Gavin Newsom, that’s, , Christopher Longhurst, Biden, Jim Wilson, Newsom, Roselma Samala, , Ms, Samala, Jerry Dyer, ” Mr, Dyer, Mr, Tariro Mzezewa Organizations: Farmers, The New York Times, , U.S, Supreme, Republican, University of California, San, New York Times, Dodger Locations: U.S, Asia, Los Angeles, The New York Times California, America’s, California, University of California San Diego, Napa, San Francisco, Central Valley, Fresno, Sacramento
Explainer: California reopens, mostly, on Tuesday
  + stars: | 2021-06-15 | by ( Jane Lee | ) www.reuters.com + 0.00   time to read: +3 min
A man walks down a street in Encinitas, as California Governor Gavin Newsom said his state would keep its mask order in place for another month, in California, U.S., May 17, 2021. Here is what's changing for California offices, and what's not. Workplace rules are dictated by the California Occupational Safety and Health Standards Board, which has debated keeping restrictions in place longer than the governor. Under the newest proposal, which will be voted on June 17, fully vaccinated office workers won’t need to wear a mask in normal circumstances. Many are waiting until after the Labor Day holiday, on Sept. 7, or even 2022, to reopen offices fully.
Persons: Gavin Newsom, Mike Blake California, what's, Newsom, Francisco’s, Salesforce Organizations: REUTERS, California Occupational Safety, Health, Board, BIG, Tech, Labor, Twitter, Google, Facebook Inc, Apple, U.S . Centers for Disease Control, Thomson Locations: Encinitas, California, U.S, COVID, Silicon Valley, San Francisco , New York, Paris, London
Cruise, a majority-owned subsidiary of General Motors , has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business. Ultimately, GM Finance is providing Cruise credit instead of the company attempting to raise outside capital, which it has done in the past. This past month, Cruise said GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing. Commercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. It has been operating an employee ride-hailing service with a current fleet of autonomous vehicles in San Francisco for several years.
Persons: it's, Ammann, Cruise, Dan Ammann Organizations: GM, General Motors, GM Finance, Cruise, Honda, Vision Fund, Walmart, Microsoft, California Public Utilities Commission Locations: Detroit, San Francisco
GM's self-driving car unit Cruise to access $5 bln credit line
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville/File PhotoBERKELEY, California, June 15 (Reuters) - General Motors Co's (GM.N) majority owned Cruise self-driving car subsidiary said on Tuesday it would gain access to a multi-year $5 billion line of credit with GM's finance arm to finance its purchase of Origin vehicles starting in early 2023. Self-driving startups are racing to build warchests, as developing and scaling up the technology is expensive and takes much time. This past month, General Motors began assembly of the first of about 100 pre-production Cruise Origin all-electric vehicles that will be built this summer for validation testing, Cruise said. Reporting by Hyunjoo Jin; Editing by Edmund BlairOur Standards: The Thomson Reuters Trust Principles.
Persons: Heather Somerville, General Motors, Dan Ammann, Cruise, Hyunjoo Jin, Edmund Blair Organizations: General Motors Corp, REUTERS, General, Cruise, Honda, General Motors, Thomson Locations: San Francisco, California, U.S, BERKELEY, Dubai
These 2020 population estimates, which are different from the census taken every 10 years, show the total resident populations as of July 1, 2020. The Miami metro area usually saw at least 1% population growth; however, the growth rate has been smaller in recent years. Each figure in the above chart is adjusted by a metro area's population as of the previous year. The New York metro area has been experiencing negative net domestic migration at least since 2010. On the other hand, Miami has had positive net international migration year after year, contributing to its positive population growth annually.
Persons: Austin — weren't, William Frey, Austin, Joseph Salvo, demographer, Salvo Organizations: Bureau, Census Bureau, Brookings Institution, LinkedIn, CNBC, New, San Francisco Chronicle, San, Bloomberg, New York City, New York City's, New York Times Locations: San Francisco and New York, — San Francisco , New York, Miami, San Francisco, Miami , New York, Austin, New York City, Bay Area, New York, York, Los Angeles, Francisco's
While Nvidia told investors last year that it plans to close the deal by March 2022, the purchase agreement gives the two companies the option to extend the deadline to September 2022. But at that point, either party has the option to walk away if the deal does not receive government approval. Nvidia has not yet filed an application to clear the deal with the European Commission. The U.S. Federal Trade Commission has been gathering information about the deal, people familiar with the matter told Reuters. Nvidia and Arm officials have told Reuters they intend to keep "firewalls" in place at the combined company to prevent that from happening.
Persons: We’ll, Stephen Nellis, Foo Yun Chee, Jonathan Weber, Lisa Shumaker Organizations: Nvidia Corp, Reuters, Nvidia, Qualcomm Inc, Samsung Electronics Co, Apple Inc, European Commission, U.S . Federal Trade Commission, Financial Times, , SoftBank Group Corp, Nasdaq, Intel Corp, Devices Inc, Thomson Locations: British, China, Europe, United Kingdom, Cambridge, England, San Francisco, Brussels
MLB unveils plan to enforce rules around players cheating with sticky balls
  + stars: | 2021-06-15 | by ( Jabari Young | ) www.cnbc.com sentiment -0.89   time to read: +2 min
Major League Baseball said Tuesday it will enforce new guidelines around pitchers using foreign substances on baseballs during games beginning June 21. Relief pitchers will be searched for foreign substances after the inning they pitched or when they're removed from games. MLB investigated complaints from players, collected data, and tested balls used by all 30 clubs in the first two months of the season. It determined "there is a prevalence of foreign substance use by pitchers" throughout MLB and the Minor League level. After more than 1,900 games this season, MLB hitters have a combined .238 average.
Persons: Trevor Bauer, Rob Manfred Organizations: Los Angeles Dodgers, San Francisco Giants, Oracle Park, Major League Baseball, MLB, Minor League Locations: San Francisco , California
CNBC TechCheck Evening Edition: June 15, 2021
  + stars: | 2021-06-15 | by ( ) www.cnbc.com + 1.00   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: June 15, 2021CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
MLB roundup: Jays belt 8 HRs in record-setting rout of Red Sox
  + stars: | 2021-06-14 | by ( ) www.reuters.com + 0.00   time to read: +11 min
Jun 13, 2021; Minneapolis, Minnesota, USA; Houston Astros designated hitter Michael Brantley (23) hits a double during the first inning against the Minnesota Twins at Target Field. Carlos Martinez (3-7) suffered the hard-luck loss after allowing just two unearned runs on four hits and one walk in seven innings. Yankees starter Domingo German (4-4) lasted only 4 1/3 innings and allowed 10 hits and seven runs with two strikeouts and one walk. Milwaukee starter Adrian Houser pitched 5 2/3 innings, giving up two runs and seven hits with no walks and two strikeouts. Rangers starter Dane Dunning (2-5) gave up four runs on seven hits over four innings.
Persons: Michael Brantley, Jordan Johnson, Teoscar Hernandez slugged, Robbie Ray, Hernandez, Bo Bichette, Rowdy Tellez, Vladimir Guerrero Jr, Lourdes Gurriel Jr, Marcus Semien, Ryan Weber, Martin Perez, Xander Bogaerts, Bobby Dalbec, Zach Davies, Louis, Davies, Craig Kimbrel, Carlos Martinez, Paul DeJong, Anthony Rizzo, Aaron Nola, Jean Segura, Realmuto, Andrew McCutchen, Odubel Herrera, Domingo, Kyle Tucker, Yordan Alvarez, Chas McCormick, Framber Valdez, Michael Pineda, Nelson Cruz, Ryan Jeffers, Kyle Schwarber, Joe Ross, Schwarber, Ross, Jared Walsh, Patrick Sandoval, Sandoval, Max Stassi, Justin Upton, Jon Duplantier, Eugenio Suarez, Tony Santillan, Lucas Sims, Logan Gilbert, outpitching Shane Bieber, Kyle Seager, Jake Fraley, Fraley, Mitch Haniger, Haniger, Gilbert, Carlos Rodon, Eric Haase's, Rodon, Isaac Paredes, Robbie Grossman, Liam Hendriks, Austin Riley, Riley, Ronald Acuna Jr, Acuna, Randy Arozarena, Josh Fleming, Fernando Tatis Jr, Tommy Pham, Manny Machado, Francisco Lindor, Mason Williams, Jose Peraza, Luis Urias, Daniel Vogelbach, Adrian Houser, Josh Hader, Jacob Stallings, Wil Crowe, Matt Olson, Chris Bassitt, Matt Chapman, Kris Bubic, Walker Buehler, Mookie Betts, Zach McKinstry, Dane Dunning, Dunning, Gavin Lux Organizations: Houston Astros, Minnesota Twins, Target, USA, Blue Jays, Toronto Blue Jays, Boston Red Sox, Cavan Biggio, Sportsnet, Boston, NBC Sports Boston, Red Sox, Cubs, Cardinals, Chicago, National League Central, Phillies, Yankees, Philadelphia, Astros, Houston, Minnesota, Nationals, Giants, Washington, Diamondbacks, Reds, Rockies, Cincinnati, Mariners, Seattle, Cleveland, Sox, Tigers, Detroit, Braves, Marlins, Atlanta, Miami, Orioles, Tampa, Baltimore, Padres, Mets, San, New York, Brewers, Pirates, Milwaukee, Pittsburgh, Athletics, Royals, Oakland, Kansas City, Dodgers, Rangers, Texas, Thomson Locations: Minneapolis , Minnesota, USA, Cavan, Fenway, New York, clobbering Minnesota, Minneapolis, Minnesota, San Francisco, Washington, Los Angeles, Arizona, Phoenix, . Arizona, Colorado, Cincinnati, Baltimore, Tampa Bay, San Diego, New, Pittsburgh
U.S. President Joe Biden speaks with a priest outside St. Joseph on the Brandywine Catholic Church, in Wilmington, Delaware, U.S. May 30, 2021. As the second Catholic to serve as U.S. president, Biden, a Democrat, has alarmed some church leaders by supporting same-sex marriage and abortion rights, views they say are antithetical to church teachings. In 2004, the conference published a statement that said individual bishops could decide whether to deny Communion to Catholic politicians who support abortion rights. Dempsey said he believes the bishops' conference should take a stand against Biden and other politicians who support abortion rights or risk losing credibility among Catholics. A Vatican official, Cardinal Luis Ladaria, wrote to the conference in May urging caution on the debate over politicians' abortion views and Communion, saying it could become a "source of discord," Catholic News Service reported.
Persons: Joe Biden, Joseph, Ken Cedeno, Biden, Bill Dempsey, Dempsey, Cardinal Luis Ladaria, Marianne Duddy, Burke, Salvatore Joseph Cordileone, Bishop Robert McElroy, Donald Trump, McElroy Organizations: Brandywine Catholic, REUTERS, Roman, Democrat, U.S . Conference of Catholic, Catholic Church, Sycamore Trust, University of Notre Dame, Catholic News Agency, Pew Research, Vatican, Catholic News Service, Dignity USA, Religious News Service, Catholic, Pew, San, Biden, Republican, Thomson Locations: St, Brandywine, Brandywine Catholic Church, Wilmington , Delaware, U.S, Sycamore, Biden's, Delaware, San Francisco, San Diego
U.S. Supreme Court revives LinkedIn bid to shield personal data
  + stars: | 2021-06-14 | by ( Andrew Chung | ) www.reuters.com + 0.00   time to read: +3 min
The justices threw out a lower court ruling that had barred LinkedIn from denying hiQ access to the information that LinkedIn members had made publicly available. It sued in federal court, accusing LinkedIn of anti-competitive conduct, and a federal judge in 2017 granted its request for a preliminary injunction against LinkedIn. Explaining its stance, hiQ has saidpublic data must remain public and innovation on the internet should not be stifled by anti-competitive hoarding of public data by a small group of powerful companies. LinkedIn told the Supreme Court that hiQ's software "bots" can harvest data on a massive scale, far beyond what any individual person could do when viewing public profiles. LinkedIn in April said that some of the publicly viewable data of its users had been scraped and posted for sale.
Persons: hiQ Organizations: U.S, Supreme, Monday, Microsoft, LinkedIn Corp, hiQ Labs, Computer, San, Circuit, LinkedIn, Thomson Locations: San Francisco, hiQ's
While the popularity of electric vehicles is heating up, the industry still faces obstacles in selling drivers on electric. Span says its electrical panel more efficiently manages the electrical load of the home. "The reason why we remain in the panel is all of these devices come into the panel," Rao said of the startup's main product. The tech not only brings a new approach to energy into the home, but it also familiarizes customers with how mindless EV charging can be. The company's goal is to make clean tech, starting with EV charging, a ridiculously easy-to-use no-brainer solution to both saving energy and range anxiety.
Persons: Biden, Timothy Johnson, Arch Rao, Matt Rogers, Span, Rao Organizations: Department of Energy, Nicholas School of, Environment, Duke University, EV Locations: San Francisco
U.S. President Joe Biden holds a news conference at the end of the G7 summit, at Cornwall Airport Newquay, Britain, June 13, 2021. read more White House and State Department officials declined to elaborate or say what Biden would seek from Putin. In another U.S. criminal probe, Evgeniy Bogachev, a Russian national, was charged in 2014 with running GameOver Zeus, a variant of sophisticated bank-fraud software, and distributing early ransomware called Cryptolocker. Increasingly, ransomware has moved toward bigger targets and toward stealing secrets instead of just encrypting them inside the targets. Because the Treasury sanctions forbid U.S. ransomware targets from paying Evil Corp, the group keeps renaming its encryption software.
Persons: Joe Biden, Kevin Lamarque, Vladimir Putin, Putin, there's, John Bennett, Kroll, Bennett, Biden, shutdowns, Washington reciprocates, Evgeniy, John Carlin, Obama, ransomware, Craig Williams, Maksim Yakubets, Adam Meyers, Yakubets, Reuters Yakubets Organizations: Cornwall Airport, REUTERS, Kevin Lamarque As U.S, FBI, Colonial Pipeline Co, meatpacker JBS SA, U.S, Reuters, Yahoo, Colonial Pipeline, Sunday, and State Department, Putin, U.S . Justice Department, Cisco Systems, Evil Corp, U.S . Treasury, Treasury, United, Analysts, Evil, Accenture, Thomson Locations: Cornwall Airport Newquay, Britain, Kevin Lamarque As, Brazil, Russia, San Francisco, U.S, Geneva, Russian, Moscow, United States
San Francisco (CNN Business) YouTube is banning several types of advertisers from one of the most prominent spots on its homepage. The video streaming platform said Monday that it will ban ads related to gambling, alcohol and prescription drugs, as well as political and election ads, from its masthead — the banner displayed at the top of its website and apps. "We believe this update will build on changes we made last year to the masthead reservation process and will lead to a better experience for users," a spokesperson for Google, which owns YouTube, said in a statement to CNN Business. The news was first reported by AxiosThis is the second big change in less than a year to YouTube's masthead policies, after banning advertisers in November from reserving the spot for a full day.
Persons: Read Organizations: San Francisco, CNN Business, YouTube, Google Locations: San
JuJu Smith-Schuster #19 of the Pittsburgh Steelers reacts against the Jacksonville Jaguars at TIAA Bank Field on November 22, 2020 in Jacksonville, Florida. If the Pittsburgh Steelers want to re-sign star wide receiver JuJu Smith-Schuster to a long-term deal, the club will need to negotiate with a different agent. Smith-Schuster departed agency Roc Nation, which entertainer Jay Z founded, and joined respected National Football League agent Chafie Fields at Wasserman Media Group's sports division, the agency announced on Monday. Smith-Schuster joins a roster led by Fields that includes Dallas Cowboys wideout Amari Cooper and San Francisco 49ers defensive lineman Arik Armstead. Smith-Schuster, 24, signed a one-year pact with the Steelers worth $8 million after producing 97 catches for 831 yards and nine touchdowns in the 2020 season.
Persons: JuJu Smith, Schuster, Smith, Jay Z, Chafie, Fields, Amari Cooper, Arik Armstead, James Harden, DeAndre Hopkins, Tennessee Titans wideout Julio Jones Organizations: Pittsburgh Steelers, Jacksonville Jaguars, TIAA Bank, Roc Nation, National Football League, Wasserman Media, Dallas Cowboys, San Francisco 49ers, Basketball Association, Steelers, Pro, NFL, Arizona Cardinals, Tennessee Titans Locations: Jacksonville , Florida
Major investors reportedly up stakes in Stripe ahead of public listing
  + stars: | 2021-06-14 | by ( Pia Singh | ) www.cnbc.com + 0.70   time to read: +1 min
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Major investment firms are upping their stakes in digital payments firm Stripe ahead of an eventual public listing, the Wall Street Journal reported Monday. Capital Group, Sequoia Capital, Shopify and Silver Lake all bought shares from existing stakeholders, including current and former Stripe employees, the Journal reported, citing unnamed sources. Representatives for Stripe and for the investment firms did not immediately respond to request for comment. Read more about the recent stock sale in the Wall Street Journal.
Persons: San Organizations: Wall Street, Capital Group, Sequoia Capital, Silver Lake, Stripe, CNBC, Street Locations: Silver, San Francisco
CNBC TechCheck Evening Edition: June 14, 2021
  + stars: | 2021-06-14 | by ( ) www.cnbc.com + 1.00   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: June 14, 2021CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
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