Ebay on Tuesday announced plans to cut 500 jobs, or about 4% of its workforce, according to a filing with the SEC. Shares of eBay were up slightly in extended trading Tuesday. In a memo to employees, CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the
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Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Binance, the world’s largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai told employees Monday the company is going to need all hands on deck to test Bard, its new ChatGPT rival. He also said Google will soon be enlisting help from partners to test an application programming interface, or API, that
In this article GOOG AAPL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Shares of Amazon
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter CEO Elon Musk said
In this article AMZN MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images As growth in traditional tech equipment and software slowed to a trickle in recent years, cloud computing gobbled
The exterior of “The Wormhole” factory. Relativity Space LONG BEACH, California – It was a few days into the new year yet Relativity Space’s factory was anything but quiet, a din of activity with massive 3D printers humming and the clanging of construction ringing out. Now about eight years on from its founding, Relativity continues
In this article AMD AMZN META AAPL GOOGL .IXIC INTC Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours. Here’s how the numbers stacked up: Earnings
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Facebook’s CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook parent Meta Platforms said in its quarterly earnings statement on Wednesday that it has increased its share repurchase authorization by
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback. Here are the results. Earnings: $1.76 per share Revenue: $32.17 billion vs $31.53 billion expected, according to Refinitiv The company also reported
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images
Attendees wait in line beneath a large LED display of smart connected home products to enter the Samsung Electronics booth, during the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 6, 2023. Patrick T. Fallon | AFP | Getty Images Shares of semiconductors in Asia fell as South Korean chip giant Samsung Electronics
In this article AMZN GOOGL SNAP META Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Wall Street’s worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent Meta
TikTok holds its End Of Year Event 2022 in Milan, Italy, on Dec. 13. Claudio Lavenia | Getty Images Entertainment | Getty Images TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has largely evaded the scrutiny it’s faced in the U.S. EU Commissioner of the
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