Technology

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Aytac Unal | Anadolu Agency | Getty Images LinkedIn, the popular business social networking platform owned by Microsoft, will discontinue its China-specific jobs app InCareer and lay off 716 employees worldwide, the company said in a message to employees. The move, announced Monday, will impact

Demand for individuals with specialized tech talent isn’t limited to the tech sector, says Singapore’s Infocomm Media Development Authority. Jimmyfam | E+ | Getty Images Singapore hasn’t been spared the layoffs that have hit the global tech industry since 2022. Online marketplace Carousell cut 10% of its total headcount last December, and Shopee told The

In this article GOOG GOOGL META Follow your favorite stocksCREATE FREE ACCOUNT Representative Jim Jordan, a Republican from Ohio and chairman of the House Judiciary Committee, during a field hearing in New York, April 17, 2023. Stephanie Keith | Bloomberg | Getty Images House Judiciary Committee Chair Jim Jordan, R-Ohio, threatened enforcement action against Google

In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City.  Michael M. Santiago | Getty Images News | Getty Images Lyft shares dropped nearly 15% in extended trading on Thursday after the

In this article HOOD GS AAPL JPM Follow your favorite stocksCREATE FREE ACCOUNT Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty and

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple brought in record revenue in India in the first quarter of the year, CEO Tim Cook said, as he touted the potential of what could become a key market for the tech giant in terms of iPhone sales and manufacturing. During Apple’s earnings call

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla has enacted a series of price cuts on its cars. But it has recently begun raising the prices again. Chukrut Budrul | Sopa Images | Lightrocket | Getty Images Tesla raised the price of its more expensive Model S and Model X cars in

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer (CEO) of Apple Tim Cook waves to people during the opening of the first Apple Inc. flagship store in Mumbai, India on April 18, 2023. Imtiyaz Shaikh | Anadolu Agency | Getty Images Apple is scheduled to report fiscal second-quarter results after

In this article Follow your favorite stocksCREATE FREE ACCOUNT Samsung is facing a testing time with profit slumping due to weak demand for its memory chips. SeongJoon Cho | Bloomberg | Getty Images An influential Samsung Electronics workers union on Thursday warned that its members could walk out over a wage dispute in what could

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. The CEO Summit entered its second day of events with a formal signing for the

Sens. Marsha Blackburn, R-Tenn., and Richard Blumenthal, D-Conn., conduct a news conference in Capitol. Tom Williams | CQ-Roll Call, Inc. | Getty Images A bipartisan pair of senators reintroduced the Kids Online Safety Act on Tuesday with updates that aimed to address concerns that the bill could inadvertently cause more harm to the young internet

Chung Sung-jun | Getty Images News | Getty Images Samsung is restricting the use of so-called generative artificial intelligence tools such as ChatGPT for employees after the company discovered such services were being misused. The South Korean technology giant confirmed to CNBC Tuesday that it is temporarily restricting the use of generative AI through the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the price of several cars in key markets, including the

In this article ETH= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin is under pressure as the Federal Reserve has indicated that rates could go higher than expected and after a major crypto-focused lender, Silvergate Capital, collapsed. Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies took a dip on Monday to start the week and

Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images When Google hired Oracle’s Thomas Kurian four years ago to run its cloud business, the internet search company had a

In this article AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Tech investors are eager to hear how much industry leaders are bolstering profitability now that they’re in cost-cutting mode. But there’s one area where

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images A former Apple employee who swindled the company out of more than $17 million with a scheme that double-billed for parts was sentenced to three years in federal prison and ordered to pay more than $19 million in restitution to

Federal Bureau of Investigation Director Christopher Wray testifies before a Senate Intelligence Committee hearing on “worldwide threats,” on Capitol Hill in Washington, March 8, 2023. Mary F. Calvert | Reuters U.S. cyber intelligence staff is vastly outnumbered by Chinese hackers, Federal Bureau of Investigation Director Christopher Wray told Congress as he pleaded for more money

In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming

In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft has invested huge amounts of capital and time into making cloud gaming a core part of its gaming offering. Peter Summers | Getty Images When Microsoft announced its offer to buy Activision Blizzard for $68.7 billion, it marked one of the biggest acquisitions