Technology

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries. Protocol reported earlier on the cuts, saying they could affect up to 2,500 employees. One person familiar with the matter said

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 TWTR Follow your favorite stocksCREATE FREE ACCOUNT New Twitter owner Elon Musk weighed in on the upcoming midterm elections and tweeted on Monday that “independent-minded” people should vote for a Republican Congress. “Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the

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

An avatar of Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Facebook parent Meta could begin large-scale layoffs as soon as Wednesday, according to a report from the Wall Street Journal.

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

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 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

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 TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. Hannibal Hanschke | Reuters Days after closing his $44 billion purchase of Twitter, Elon Musk faced

Co-founder and CEO of Binance, Changpeng Zhao, speaks on stage during the opening night of Web Summit 2022. Hugo Amaral | Sopa Images | Lightrocket | Getty Images LISBON, Portugal — The boss of crypto exchange Binance says he wasn’t privy to Elon Musk’s thinking when the billionaire backed away from, and then revived, his

In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Advanced Micro Devices shares rose as much as 6% in extended trading on Tuesday after the chipmaker indicated that it’s looking for the server chip business to grow in the quarters ahead, even as earnings and quarterly guidance failed to meet Wall Street’s expectations. Here’s

U.K. Prime Minister Rishi Sunak at 10 Downing Street. Dan Kitwood | Getty Images U.K. cryptocurrency firms and investors have high hopes that new prime minister Rishi Sunak could turn around Britain’s fading crypto aspirations. The new U.K. leader, who was finance minister in former PM Boris Johnson’s government, faces a daunting to-do list, which

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,

TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S. called Temu. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon. Mike Kemp | In Pictures | Getty Images Pinduoduo and TikTok owner ByteDance

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

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 After closing a $44 billion