Technology
Microsoft earnings beat across the board
Microsoft CEO Satya Nadella speaking at the DLD (Digital-Life-Design) conference in Munich, Germany, on Jan. 16, 2017. Tobias Hase | dpa | picture alliance | Getty Images Microsoft shares were flat in extended trading on Tuesday after the software maker issued fiscal third-quarter earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.22 […]
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Tesla stock falls more than 10% after Musk’s Twitter deal
A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla stock was down more than 10% in the morning as the tech-heavy Nasdaq Composite slipped about 3.2%. Other mega-cap tech stocks like Apple, Amazon, Google and Facebook parent Meta were also down between 2% and 4%. […]
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Fort Worth is the first city in the U.S. to mine bitcoin, and will run mining rigs out of city hall
Fort Worth, Texas, is now the first city government in the United States to mine bitcoin — and in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall. Three Bitmain Antminer S9 mining rigs will run 24 hours a day, seven days a […]
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Twitter will have a ‘hard time’ keeping Trump off if he runs in 2024, says Rep. Khanna
US Representative Ro Khanna, Democrat of California, speaks during a press conference following a vote in the US House on ending US military involvement in the war in Yemen, on Capitol Hill in Washington, DC, April 4, 2019. Saul Loeb | AFP | Getty Images Though Elon Musk’s deal to purchase Twitter has renewed questions […]
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Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk’s private takeover of Twitter may boost ad revenue for YouTube, Snap, Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted […]
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Warner Bros. Discovery posts 13% revenue jump, 2 million new streaming subscribers in Q1
David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The results don’t include first-quarter performance from WarnerMedia, which Discovery bought this month. The company reported revenue of $3.16 billion and net income of $456 million. Shares rose as much as […]
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Microsoft’s $15 billion cybersecurity business is giving investors new reason for optimism
Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $10 billion in annual […]
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Jack Dorsey says Elon Musk is the ‘singular solution I trust’ to run Twitter
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter co-founder Jack Dorsey approves of Elon Musk’s deal to buy the social media site for $44 […]
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Jeff Bezos takes a swipe at Musk’s Twitter takeover, suggesting it may give China ‘leverage’
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Amazon’s billionaire co-founder Jeff Bezos has weighed in on Elon Musk’s deal to buy […]
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Elon Musk says he wants free speech, but his track record suggests otherwise
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla and SpaceX CEO Elon Musk, the world’s wealthiest person on paper, is buying Twitter, the social media platform he has relied on for years to promote his interests and shape his public […]
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