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Box CEO Aaron Levie on Wednesday defended his company’s decision to accept a sizeable investment from KKR earlier this year. “We felt that we had a very strong long-term partner that wanted to invest in the business and be able to see significant stock appreciation that we believe all shareholders will benefit from,” Levie said...

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The race to secure electricity deals for power-hungry data centers has tech companies reshaping the renewable-energy market and grappling with a new challenge: how to ensure their investments actually reduce emissions. Amazon.com Inc. AMZN -0.05% said it planned Wednesday to announce commitments to buy 1.5 gigawatts of production capacity from 14 new solar and wind...

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The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business. The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since...

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The stocks that thrived during the height of Covid-19 have lost momentum, but CNBC’s Jim Cramer said Monday that not all pandemic winners should be branded as reopening losers. “If your company made a killing during the pandemic, it’s become toxic in this market, even if business is still booming,” the “Mad Money” host said....

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