Technology
Apple CEO Tim Cook pushes for privacy legislation ‘as soon as possible’ after visit to Congress
Tim Cook speaks onstage at the TIME100 Summit 2022 at Jazz at Lincoln Center. Jemal Countess | Getty Images Entertainment | Getty Images U.S. lawmakers should advance privacy legislation currently being debated “as soon as possible,” Apple CEO Tim Cook said in a letter to Congress on Friday. Cook sent the letter a day after […]
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Cisco CEO Chuck Robbins tells employees U.S. needs new gun laws following Uvalde massacre
Chuck Robbins, CEO of Cisco at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Cisco CEO Chuck Robbins has just waded into one of the most politically contentious debates in the country. In an all-hands meeting with employees, Robbins called for new gun laws, including additional background checks, in response […]
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Here are Friday’s biggest analyst calls of the day: Tesla, DocuSign, Netflix, Roblox, Apple & more
Here are Friday’s biggest calls on Wall Street: Loop reiterates Apple as buy Loop said it sees production delays for some versions of the iPhone 14 later this year. “As we have been signaling for a few months, the iPhone 14 Pro Max device is running slightly behind schedule and could result in a staggered/delayed […]
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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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