Breaking News: Technology
Zoom pares back again once-a-year forecast as profits development slows to one digits
Eric Yuan, founder and chief govt officer of Zoom Movie Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Centre in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Michael Quick | Bloomberg Zoom Movie Communications shares fell as much as 8% in prolonged buying and selling on Monday immediately after the […]
Read More
Soon you’ll be able to edit and unsend iMessages on iPhone. Here’s how it works
iMessage in iOS 16 Todd Haselton | CNBC Apple’s new iOS 16 iPhone software, expected in September, will let you edit and unsend text messages for the first time. That means you’ll be able to go back and correct a typo or delete a message if you sent it to the wrong person. And the […]
Read More
Snap stops development of Pixy flying camera drone in latest blow to hardware efforts
Snap is pausing development of Pixy, its $230 flying camera drone that was first announced in April, according to a person familiar with the matter who was not authorized to speak on the record. The news was first reported by the Wall Street Journal, which said the decision was relayed to the company’s staff by […]
Read More
Google workers demand equal abortion benefits as state bans go into effect
Bambi Okugawa is a data center technician in one of Google’s data centers in a U.S. state with one of the strictest abortion bans in the nation: Tennessee. The state will ban abortions as early as six weeks, with no exceptions for rape or incest, on Aug. 25 due to a “trigger law.” If needed, […]
Read More
Cisco tops estimates on revenue and profit and gives optimistic annual sales forecast
Cisco issued fiscal fourth-quarter results on Wednesday that topped analysts’ projections and provided a better-than-expected forecast for the coming year. The stock rose 2.5% in extended trading. Here’s how the company did: Earnings: 83 cents per share, adjusted, vs. 82 cents per share as expected by analysts, according to Refinitiv. Revenue: $13.10 billion, vs. $12.79 […]
Read More
Crypto broker Genesis slashes 20% of workforce and announces CEO exit after loans soured
Michael Moro, chief executive officer of Genesis, pauses as he speaks during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. Marco Bello | Reuters Digital asset brokerage Genesis said on Wednesday that CEO Michael Moro is stepping down and the company is slashing 20% of its workforce, the latest casualties as the […]
Read More
Apple and Meta headsets could face a big challenge: Sticker shock
Apple and Facebook parent Meta are expected to release mixed reality headsets in the coming year that could finally fulfill the industry’s promise to turn head-worn devices into the next big shift in personal computing. But there’s one major potential snag: sticker shock. The best-selling virtual reality headset, the Meta Quest 2, retails for $400 […]
Read More
Democratic lawmaker accuses Google of failing to police deceptive ads
U.S. Senator Richard Blumenthal (D-CT) speaks to reporters during a break from a Senate Armed Services and Foreign Relations joint briefing on the U.S. policy on Afghanistan, on Capitol Hill in Washington, February 2, 2022. Al Drago | Reuters Google has failed to take down scam ads that violate its policies, according to Sen. Richard […]
Read More
Amazon is raising seller fees for the holidays to manage through surging inflation
Amazon.com Inc. packages sit in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images In its latest effort to contend with soaring inflation, Amazon is planning to raise fulfillment fees during the holiday season, passing off some of its increased costs to the millions of merchants who […]
Read More
Amazon accuses FTC of harassing Bezos and Jassy in Prime investigation
Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | Pool | Reuters Amazon accused the Federal Trade Commission of harassing executive chairman Jeff Bezos and CEO Andy Jassy by […]
Read More