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Meta shares plummet 13% on weak fourth-quarter forecast and earnings miss

Meta shares plummet 13% on weak fourth-quarter forecast and earnings miss

Facebook co-founder and CEO Mark Zuckerberg arrives for testimony before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23,...

Elon Musk carried a sink into Twitter on Wednesday as deal nears close

Technology3 years ago

Elon Musk carried a sink into Twitter on Wednesday as deal nears close

Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York,...

Chamath Palihapitiya blames the Fed for 'perverted' market conditions that benefited him

Technology3 years ago

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him

Chamath Palihapitiya Olivia Michael | CNBC Billionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve allowed to persist for...

Mobileye pops more than 30% in market debut after spinning out of Intel

Technology3 years ago

Mobileye pops more than 30% in market debut after spinning out of Intel

Amnon Shashua, president and chief executive officer of Mobileye Global Inc., and Patrick Gelsinger, chief executive officer of Intel Corp., outside the Nasdaq MarketSite during the...

Technology3 years ago

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefitted him

Chamath Palihapitiya Olivia Michael | CNBC Billionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve allowed to persist for...

Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.

Technology3 years ago

Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.

Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019....

Facebook parent Meta reports third-quarter earnings after the bell Wednesday

Technology3 years ago

Facebook parent Meta reports third-quarter earnings after the bell Wednesday

Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta reports third-quarter earnings on Wednesday...

YouTube's shrinking ad business is an ominous sign for the battered online ad market

Technology3 years ago

YouTube’s shrinking ad business is an ominous sign for the battered online ad market

A YouTube logo seen at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21, 2015. Lucy Nicholson | Reuters The...

Foxconn's iPhone factory in China — the world's largest — hit by Covid outbreak

Technology3 years ago

Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak

Source: Thomas Peter | Reuters Foxconn said Tuesday that its factory in Zhengzhou, China — the world’s largest assembly plant for Apple’s iPhones — was hit...

Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown

Technology3 years ago

Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown

Tony Avelar | Bloomberg | Getty Images Hard drive maker Seagate Technology said on Wednesday it plans to cut 8% of its global workforce, or about...

Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta

Technology3 years ago

Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. Charles Platiau |...

Voters want to see more crypto regulation, industry poll finds

Technology3 years ago

Voters want to see more crypto regulation, industry poll finds

A majority of voters want to see more regulation of cryptocurrencies, a new industry-sponsored poll found, though they’re split on which party should enact such changes....

Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

Technology3 years ago

Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

Microsoft CEO Satya Nadella speaks at the company’s annual shareholder meeting on Nov. 30, 2016, in Bellevue, Washington. Stephen Brashear | Getty Images News | Getty...

iPhones will get USB-C charging after Apple says it will have to comply with EU law

Technology3 years ago

iPhones will get USB-C charging after Apple says it will have to comply with EU law

Apple will “comply” with European Union regulation that requires electronic devices to be equipped with USB-C charging, said Greg Joswiak, Apple’s senior vice president of worldwide...

Meta and Microsoft can't self-regulate their metaverses, UK regulator warns

Technology3 years ago

Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns

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....

Microsoft drops 6% after revealing weak guidance on its earnings call

Technology3 years ago

Microsoft drops 6% after revealing weak guidance on its earnings call

Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave...

Alphabet misses on top and bottom lines as YouTube ad revenue drops in the quarter

Technology3 years ago

Alphabet misses on top and bottom lines as YouTube ad revenue drops in the quarter

Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images Alphabet shares dropped more than 5% in extended trading on Tuesday after the company reported...

Technology3 years ago

Microsoft beats but cloud growth comes in short

Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP |...

Spotify shares dip after third-quarter earnings report

Technology3 years ago

Spotify shares dip after third-quarter earnings report

Budrul Chukrut | LightRocket | Getty Images Spotify shares fell about 7% after hours on Tuesday after the streaming giant reported third-quarter 2022 losses that were...

Apple puts more ads in the iPhone's App Store

Technology3 years ago

Apple puts more ads in the iPhone’s App Store

New Apple App Store ads Apple Apple on Tuesday expanded its search advertising inventory on its App Store to include units for purchase on the Today...

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Meta shares plummet 13% on weak fourth-quarter forecast and earnings miss

Elon Musk carried a sink into Twitter on Wednesday as deal nears close

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him

Mobileye pops more than 30% in market debut after spinning out of Intel

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefitted him

Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.

Facebook parent Meta reports third-quarter earnings after the bell Wednesday

YouTube’s shrinking ad business is an ominous sign for the battered online ad market

Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak

Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown

Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta

Voters want to see more crypto regulation, industry poll finds

Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

iPhones will get USB-C charging after Apple says it will have to comply with EU law

Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns

Microsoft drops 6% after revealing weak guidance on its earnings call

Alphabet misses on top and bottom lines as YouTube ad revenue drops in the quarter

Microsoft beats but cloud growth comes in short

Spotify shares dip after third-quarter earnings report

Apple puts more ads in the iPhone’s App Store

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