Technology
Amazon terminates iRobot offer, vacuum maker to lay off 31% of staff members
The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.’s proposed $1.7 billion offer to acquire robot vacuum organization iRobot Corp. was specified the all-apparent by the UKs antitrust agency. Photographer: Sophie Park/Bloomberg by means of Getty Images Bloomberg | Bloomberg | Getty Images Amazon stated on Monday it would not […]
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Activists are eyeing tech stocks in advance of envisioned M&A rebound after two-calendar year lull
Paul Singer talking at the Providing Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist traders are circling the tech marketplace. That is mainly because, following a two-calendar year plunge in mergers and acquisitions across the industry, there are signals of existence to begin 2024, with expectations that many […]
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Sony is producing a daring guess on an African gaming startup to strengthen PlayStation’s get to in the continent
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Photographs Sony is producing a daring wager on Africa’s movie video game marketplace. The Japanese shopper electronics and gaming giant has invested an undisclosed sum into Carry1st, a video clip sport studio based mostly in Cape City, South Africa, through its […]
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Apple faces 'sturdy action' if App Retail outlet variations fall small, EU's Breton suggests
Thierry Breton, France’s European Union commissioner for interior industry and shopper protection, sector, investigation and vitality. JOHN THYS Apple faces potent action if variations to its App Shop do not satisfy incoming European Union restrictions, the bloc’s industry chief claimed on Friday. In a go made to comply with the EU’s incoming Electronic Markets Act […]
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Bitcoin attempts for a winning week as investor concerns about GBTC sell stress subside
Jonathan Raa | Nurphoto | Getty Images Bitcoin pushed higher to end the 7 days as investors took some comfort in the strategy that outflows from the Grayscale Bitcoin ETF (GBTC) could be starting off to taper off. The price tag of the cryptocurrency climbed far more than 3% to $40,989.80 according to Coin Metrics. […]
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Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don’t tell that to the […]
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Tesla remembers practically 200,000 automobiles in the U.S. more than rearview digital camera bug
BURBANK, CALIFORNIA – JANUARY 16: Tesla electric powered cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Carbon emissions fell by about 1.9 per cent in 2023, a beneficial sign, but further more cuts ought to be carried out if the U.S. hopes to obtain its weather target of 50 […]
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Alphabet, Microsoft and Meta near at all-time highs in advance of earnings upcoming 7 days
Sundar Pichai, main executive officer of Alphabet Inc. Bloomberg | Bloomberg | Getty Photos Alphabet shares climbed to a file on Thursday, signing up for Microsoft and Meta, which have ongoing to rally given that achieving refreshing all-time highs earlier this month. Shares of Alphabet rose 2.1% to shut at $151.87. Microsoft rose .6% to […]
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Intel stock sinks as early 2024 outlook arrives up quick
Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Once-a-year Assembly in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel shares dropped in extended buying and selling on Thursday following the chipmaker issued an outlook for the 1st quarter of 2024 that lagged analyst forecasts even as results for the […]
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FTC launches AI inquiry into Amazon, Alphabet, Microsoft, on the lookout at 'investments and partnerships'
WASHINGTON, DC – Oct 4: Federal Trade Commission Chair Lina Khan speaks through a discussion on antitrust reforms at the Brookings Institution Oct 4, 2023 in Washington, DC. Khan assumed the position of FTC chair in June 2021 immediately after staying appointed by U.S. President Joe Biden and confirmed by the Senate. (Photo by Drew […]
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