Technology

In this article AAPL TWTR Follow your favorite stocksCREATE FREE ACCOUNT SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Adrees Latif | Reuters Elon Musk has announced big, albeit confusing, plans for Twitter

Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters As industry-wide layoffs hit bigger tech names, some Google workers worry they’re next. While Google has so far avoided the widespread job cuts that have hit tech companies, particularly those

Enrique Lores, CEO, HP Scott Mlyn | CNBC Computer maker HP Inc. said Tuesday that it plans to cut 4,000 to 6,000 employees over the next three years. Shares rose as much as 1% in extended trading following the announcement. HP is the latest technology company to announce its intent to slim down given economic

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta (formerly Facebook) corporate headquarters is seen in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images Popular tax prep software including TaxAct, TaxSlayer and H&R Block sent sensitive financial information to Facebook parent company Meta through its widespread code,

NASSAU, Bahamas — Despite being pushed out of the cryptocurrency giant he founded, Sam Bankman-Fried told CNBC he is trying to lock down a multibillion-dollar deal to bail out FTX, which filed for Chapter 11 bankruptcy protection earlier this month. In a brief interview with CNBC late Friday, the FTX founder declined to give details

The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns around market manipulation. Nurphoto | Nurphoto | Getty Images Grayscale, the asset manager running the world’s largest bitcoin fund, said in a statement that it won’t share its proof of reserves with customers. “Due

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT The Twitter logo is displayed on the exterior of Twitter headquarters on October 26, 2022 in San Francisco, California. Justin Sullivan | Getty Images After Twitter told employees it would be closing its offices until Monday, new owner and CEO Elon Musk has called engineering

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter owner Elon Musk on Wednesday gave employees until 5 p.m. Thursday to decide whether to stay —and sign on to a “hardcore” culture of “long hours at high intensity” — or leave with three months

Doug Leone, managing partner at Sequoia Capital LLC, speaks during the Bridge Forum conference in San Francisco, California, U.S., on Wednesday, April 17, 2019. The event brings together leaders in finance and technology from Asia and Silicon Valley to connect and share insights. David Paul Morris | Bloomberg | Getty Images HELSINKI, Finland — Billionaire

In this article SOL.CM= BTC.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonathan Raa | Nurphoto | Getty Images Securities

In this article PANW Follow your favorite stocksCREATE FREE ACCOUNT Palo Alto Networks is seeing tailwinds from customers looking to slash costs in the worsening economy, CEO Nikesh Arora said Thursday. “The silver lining in the current environment is that we’re having more consolidation conversations —because suddenly, the number one priority in addition to being

Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic | Reuters The ranks of tech employees at companies from Asana to Amazon and Meta have been winnowed by massive cuts not seen since the early days of the Covid-19 pandemic, but

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday. “I’ve been in this role now for about a year and a half, and without a doubt, this is the most difficult decision

In this article META Follow your favorite stocksCREATE FREE ACCOUNT The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Meta Platforms reportedly fired or disciplined over two dozen employees and contractors who allegedly compromised and took control of user accounts, The Wall Street Journal reported on Thursday.

In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk said in court Wednesday that he does not want to be the CEO of any company. He recently acquired social

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images New Twitter CEO and sole director Elon Musk sent a companywide email to remaining employees of the social media business on Wednesday, demanding they commit to working “long hours at high intensity” or

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon on Tuesday began laying off employees in its corporate and tech workforce as CEO Andy

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech unicorns are now having their wings clipped as the era of easy money comes to an end. That was the message from the Web Summit tech

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of employees.

Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday to reassure users of his platform after the stunning collapse of rival firm FTX sparked fears of a market contagion. In an “AMA”