Business

Actor Ewan McGregor arrives at the premiere of Disney Pictures and Lucasfilm’s ‘Solo: A Star Wars Story’ at the El Capitan Theatre on May 10, 2018 in Hollywood, California. Axelle/Bauer-Griffin | FilmMagic | Getty Images It’s official. Ewan McGregor will be reprising his iconic role as Obi-Wan Kenobi for Disney’s streaming service Disney+. On Friday,
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VMware reported a top-and-bottom line beat in its quarterly report Thursday, but it’s stock tanked as much as 7% in after-market trading. Investors frowned on the cloud software company’s move to acquire both Carbon Black and Pivotal Software at a grand enterprise value of $4.8 billion, but CNBC’s Jim Cramer took a contrarian. “I like the cloud security space
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Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending, despite fears that some shoppers may be pulling back with the threat of another economic recession looming.  He told members of the media Wednesday morning after reporting
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Pat Gelsinger, CEO of VMware Tony Avelar | Bloomberg | Getty Images Enterprise software company VMware on Tuesday confirmed that it has acquired Intrinsic, a small San Francisco security start-up. Terms of the deal weren’t disclosed. The acquisition represents another step in VMware’s embrace of cloud technologies, despite VMware’s legacy of providing products that companies
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A Porsche that was expected to sell for over $20 million flopped on the auction block Saturday night, after the sale was thrown into disarray by a technical error. The car, a 1939 Porsche “Type 64” that was already facing controversy in the collecting world, hit the auction block Saturday night at RM Sotheby’s in
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Kurbo app Scott Mlyn | CNBC Do your homework! Clean your room! Count your Weight Watchers points? Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, a digital health start-up whose
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Take-Two Interactive Software: Plugged in for success Take-Two Interactive Software has gained more than 10% since reporting better-than-expected revenues in its fiscal first quarter and raising its full year revenue outlook. The company’s upside surprise included a 46% year-over-year increase in net bookings and 39% year-over-year improvement in net revenue. A leading video game publisher,
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