Annie Palmer

Key Points GameStop CEO Ryan Cohen scrapped his pay package plan that stood to net him as much as $35 billion if he hit certain performance targets, citing a desire to focus on his eBay takeover bid.

Key Points Blue Origin CEO Dave Limp said the startup is determined to return to flight “by the end of this year” after one of its New Glenn rockets exploded on the launchpad in May.

Key Points Amazon says it has deployed enough satellites to launch its Leo commercial service later this year.

Jeff Bezos' Blue Origin is raising $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin.

Key Points Jeff Bezos' Blue Origin is raising $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin.

Key Points With companies like Cisco, Meta, Microsoft and Oracle also announcing major cuts, and May representing the sharpest month for

A longtime executive in 's cloud unit is leaving the tech giant after nearly 19 years, the company announced Wednesday.

Key Points SpaceX scrubbed a planned test flight of its Starship mega rocket from its Starbase complex in South Texas.

Key Points Amazon's Zoox voluntarily recalled 105 of its robotaxis to address a software issue where the vehicles failed to detect heavy smoke and drove into it.