Technology

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

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

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

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”

SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. Michael Gonzalez | Getty Images Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where

Sam Bankman-Fried, CEO and Founder of FTX, walks near the U.S. Capitol, in Washington, D.C., September 15, 2022. Graeme Sloan | Sipa via AP Images Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the disgraced ex-CEO of the now-bankrupt crypto exchange FTX had run off to South America.

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images As Sam Bankman-Fried’s FTX enters bankruptcy protection, Reuters reports that between $1 billion to $2 billion of customer funds have vanished from the failed crypto exchange. Both Reuters and The

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter appears to have paused

In this article TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT Twitter’s new owner Elon Musk, who is also CEO of electric vehicle maker Tesla and U.S. defense contractor SpaceX, told employees of the social media business on Thursday that he recently sold shares of Tesla to “save Twitter.” He made the remarks during an

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT A video grab taken from a video posted on the Twitter account of billionaire Tesla chief Elon Musk on October 26, 2022 shows himself carrying a sink as he enters the Twitter headquarters in San Francisco. Elon Musk changed his Twitter profile to “Chief Twit”

A display of iPhone 14 smartphones at the Apple Inc. Regent Street store in London, UK. Bloomberg | Bloomberg | Getty Images Apple will take years to diversify from its Chinese factories, even as the country presses on with its zero Covid policy which is hurting iPhone production, according to Counterpoint Research’s Jeff Fieldhack. “It

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 When Elon Musk said last week that Twitter has experienced a “massive drop in revenue” under his recent tutelage, he blamed the decline