Technology
Lyft, Uber will cover legal fees for drivers sued under Oklahoma abortion law
Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft and Uber said this week they will fully cover legal fees for their respective drivers who are sued under Oklahoma’s anticipated restrictive abortion law. […]
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Google employees get private Lizzo concert as they return to the office
Zoom In IconArrows pointing outwards Google hires Lizzo to perform for return-to-office “celebration” among thousands of employees Emma Wong @_emwong_ For years, Google lured people to its sprawling Silicon Valley campus with the promise of amazing perks, like gourmet meals from top chefs and massages. Now, there’s Lizzo. Earlier this month, as Google officially started […]
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Disney executive Geoff Morrell, who helped craft response to ‘Don’t Say Gay’ law, leaves company after three months
Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.’s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. Octavio Jones | Getty Images News | Getty […]
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California Governor Newsom offers hope for state’s last nuclear plant, but major hurdles remain
PG&E Corp.’s Diablo Canyon plant in California. (Joe Johnston/San Luis Obispo Tribune/Tribune News Service via Getty Images) San Luis Obispo Tribune | Tribune News Service | Getty Images California governor Gavin Newsom is open to the idea of maintaining operations at the last nuclear power plant in the state, Diablo Canyon, past its planned shutdown […]
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Intel CEO now expects chip shortage to last into 2024
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel CEO Pat Gelsinger told CNBC on Friday he now […]
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Musk told banks he will rein in Twitter pay, make money from tweets
Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said. Musk made the pitch to […]
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Amazon shares sink 12%, on pace for worst day since January 2014
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Shares of Amazon dipped as much as 12% on Friday after the company gave revenue outlook for the current quarter that fell short of Wall Street’s estimates. […]
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TikTok looms large in tech earnings reports as digital ad giants struggle to keep up
Rafael Henrique | LightRocket | Getty Images As the heart of tech earnings season wraps up, one persistent theme has been weakness in the digital ad market. The war in Ukraine, rising inflation, Apple’s privacy changes and an overall pullback in ad spending help explain why Facebook, Google, Amazon and Twitter all reported disappointing revenue […]
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Airbnb CEO says staff can ‘live and work anywhere’
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Home-sharing platform Airbnb announced that it is planning to let its employees live and work wherever they want as other firms start to look beyond the coronavirus pandemic and bring staff back to the office. Brian Chesky, the company’s CEO and co-founder, revealed the […]
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Amazon’s cloud business grows almost 37%, but slows from last quarter
Amazon’s cloud unit grew 36.5% year over year in the first quarter, a bit faster than analysts projected. But Amazon shares were down about 9% in after-hours trading, as investors focused on the e-commerce giant’s $3.8 billion overall net loss. The cloud business results point to lighter but still brisk demand for computing, storage and […]
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