Technology

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images Elon Musk has sold at least another $3.95 billion worth of shares in his

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Twitter logo displayed on a phone screen and Elon Musk’s Twitter account displayed on a screen are seen in this illustration photo taken in Krakow, Poland on October 30, 2022. Jakub Porzycki | Nurphoto | Getty Images Elon Musk, the new owner of Twitter, has

Billionaire Chris Sacca Courtesy of Collision Conference Venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the site, says Elon Musk needs people around him who are willing to “speak some truth to power,” because the company’s problems are too big for him to solve on his own. In

In this article META Follow your favorite stocksCREATE FREE ACCOUNT The Meta Platforms Inc. pavilion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. Jason Alden | Bloomberg | Getty Images Shares of Facebook owner Meta were up about 5% Monday following a Wall Street Journal

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers chose to go home. Pictured here are the shuttle buses on Oct. 30, 2022. VCG | Getty Images Apple said in a statement on Sunday that it has temporarily reduced iPhone 14

Elon Musk’s Twitter account displayed on a phone screen and Twitter logo displayed on a laptop screen are seen in this illustration photo taken in Krakow, Poland on November 1, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter began rolling out changes to its platform for some users on Saturday in preparation for the

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter co-founder Jack Dorsey apologized Saturday for growing the company “too quickly,” a day after the company laid off approximately half of its employees under new owner Elon

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images After Tesla and SpaceX CEO Elon Musk took ownership of Twitter last week, the social networking giant embarked on a steep reduction in

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Twitter has suffered a “massive drop in revenue” because of advertisers pausing spending on

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Dado Ruvic | Reuters Twitter was sued by former employees who say they were not given enough notice under federal and California law that they had lost their jobs amid ongoing mass layoffs.

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday. The company had already

Stripe co-founder and CEO, Patrick Collison Manuel Blondeau | Getty Images Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks,

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters Twitter employees are expecting a 50% overall reduction in force after Tesla and SpaceX CEO Elon Musk took the reins of the social network last

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple Inc supplier Foxconn reported that it beat its April-June net profit expectations. Photo by Lam Yik Fei/Bloomberg via Getty Images An industrial park in China that is home to the world’s largest assembly plant for Apple‘s iPhones has been ordered to complete a seven-day Covid lockdown,

In this article TWTR-MX Follow your favorite stocksCREATE FREE ACCOUNT The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images After Elon Musk closed his $44 billion purchase of Twitter last week, employees at the company braced for job cuts. Some told CNBC

The Logo of music streaming platform and online music store Amazon Music is displayed on a smartphone on December 14, 2018 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Amazon is expanding its selection of ad-free music and podcasts for Prime members, the latest effort to sweeten the perks offered in its mainstay

In this article TSLA TWTR-MX Follow your favorite stocksCREATE FREE ACCOUNT The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images New Twitter owner Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team,

David Wadhwani, president of Adobe’s Digital Media unit, speaks at Adobe’s Max conference in Los Angeles in October 2022. Adobe In September 2009, with the stock market still in the doldrums from the Great Recession, Adobe announced plans to spend $1.8 billion for marketing software vendor Omniture, its second-biggest acquisition ever at the time. Prior

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital