Technology
DocuSign shares plunge 24% on profit miss and downgrades
The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign plunged as much as 24% on Friday after the e-signature software maker posted fiscal first-quarter earnings that fell short of analysts’ estimates. DocuSign on Thursday […]
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Wickr, Amazon’s encrypted chat app, has a child sex abuse problem — and little is being done to stop it
Pavlo Gonchar | Lightrocket | Getty Images Wickr Me, an encrypted messaging app owned by Amazon Web Services, has become a go-to destination for people to exchange images of child sexual abuse, according to court documents, online communities, law enforcement and anti-exploitation activists. It’s not the only tech platform that needs to crack down on […]
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Fired Fox News editor Chris Stirewalt says he will testify before Jan. 6 riot committee
Former U.S President Donald Trump is seen on video during the hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, on Capitol Hill in Washington, U.S., June 9, 2022. Jonathan Ernst | Reuters A former Fox News political editor who was fired by the cable network […]
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Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company […]
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DocuSign gets 3 downgrades as analysts grow worried about e-signature company’s business
Some analysts are losing faith in DocuSign after the e-signature company posted disappointing quarterly results that showed signs of a slowdown in its business. Shares of DocuSign benefitted during the pandemic as more consumers shifted to online transactions but have fallen nearly 43% since the start of the year. Evercore ISI’s Kirk Materne downgraded the […]
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Klarna CEO defends business despite massive losses and layoffs
Klarna CEO Sebastian Siemiatkowski has defended his company’s business model and the controversial “buy now, pay later” industry. Klarna lets consumers buy things that they might not necessarily be able to afford at that moment in time. Its 150 million customers pay a relatively small amount up front and pay back the rest later. In […]
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A.I. gurus are leaving Big Tech to work on buzzy new start-ups
DeepMind co-founder Mustafa Suleyman, who recently left his VP of AI product management and AI policy role at Google, also co-founded the machine learning start-up Inflection AI. Suleyman has already hired several of his former colleagues. Bloomberg | Getty Images Artificial intelligence gurus are quitting top jobs at companies like Google, Meta, OpenAI and DeepMind […]
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DocuSign shares crater after first-quarter earnings miss
Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 24% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first quarter. Here’s how the company did: Earnings: 38 cents per share, adjusted, vs. 46 cents […]
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Bipartisan privacy proposal is ‘unworkable and should be rejected,’ Chamber of Commerce says
Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters The bipartisan privacy proposal that’s reignited a debate about federal protections for internet users is “unworkable,” according to a major business group. The American Data Privacy and Protection […]
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It’s not Apple or Tesla, but Inrix has data from 500 million vehicles taking transportation into the future
Cars and trucks move along the Cross Bronx Expressway, a notorious stretch of highway in New York City that is often choked with traffic and contributes to pollution and poor air quality on November 16, 2021 in New York City. Spencer Platt | Getty Images In this weekly series, CNBC takes a look at companies […]
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