Technology

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
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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,
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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,
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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
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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
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Apple Fifth Avenue store for the release of the Apple iPhone 14, New York City, September 16, 2022. Andrew Kelly | Reuters Apple stock rose 7.5% on Friday, a day after it reported September quarter earnings that modestly beat
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In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, former U.S. President Donald Trump’s archived Twitter account is shown on a phone screen with the Twitter logo in the background. Sheldon Cooper | Lightrocket | Getty Images A decade ago, Twitter’s future was looking bright. The company was benefiting from
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In this article AAPL META MSFT AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week for Big Tech. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap after offering concerning commentary for
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Saad Ibrahim Almadi, 72 years old and a joint Saudi and American citizen, was arrested at the Riyadh airport in Saudi Arabia when he arrived for a two week visit to family. Almadi is a project manager who retired[i] to Florida.   Reports England’s the Guardian, the Saudi authorities “held him in a hotel while they searched
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In this article MSFT GOOG GOOGL META AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., outside the Apple Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022. Jeenah Moon | Bloomberg | Getty Images Apple’s earnings received a drastically different reaction from investors than
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