Breaking News: Technology
GameStop reports $158 million loss and decline in hardware sales
A GameStop location in New York, Dec. 23, 2021. Scott Mlyn | CNBC GameStop reported $1.38 billion in revenue in its fiscal first-quarter earnings report Wednesday, up slightly from the $1.27 billion it reported in the year-ago quarter. But, it also reported a $157.9 million net loss, which is worse than the $66 million net […]
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Facebook parent Meta COO Sheryl Sandberg is stepping down
Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg, and helped turn Facebook into an advertising juggernaut and one of the most powerful companies in the tech […]
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Salesforce shares jump on upbeat results in the face of tough economy
Marc Benioff, CEO of Salesforce, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Salesforce shares jumped as much as 15% on Wednesday, after the cloud software vendor maker issued better-than-expected quarterly results and lifted its full-year profit forecast. On a day when most tech stocks and the broader equity […]
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Elon Musk reportedly tells Tesla workers to return to the office full time or resign
Elon Musk has reportedly told Tesla employees to come back into their respective offices at least 40 hours a week or leave the company. In two emails obtained by Electrek, Musk said that people must show up for at least 40 hours per week in a main Tesla office. “If you don’t show up, we […]
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Apple will reportedly move some iPad capacity to Vietnam after China lockdowns
People walk past an apple store in Wangfujing with iPhone 13 series advertisement on a big screen. Sheldon Cooper | LightRocket | Getty Images Apple is moving some of its iPad production to Vietnam from China after supply chain disruptions stemming from coronavirus lockdowns have contributed to product and parts shortages, Nikkei Asia said Wednesday. […]
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Microsoft revamps its budget Surface Laptop Go with more storage
Microsoft’s Surface Laptop Go 2 starts at $599. Microsoft Microsoft on Wednesday started taking preorders for the Surface Laptop Go 2, the first revision to its entry-level laptop. The PC starts at $599, an increase of $50 from the original Surface Laptop Go that Microsoft released in 2020. The tech giant is adhering to its […]
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Supreme Court blocks Texas social media law that tech companies warned would allow hateful content to run rampant
A person walks down the sidewalk near the U.S. Supreme Court building in Washington, D.C., February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online. […]
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Facebook’s transformation to Meta will be complete with new ticker symbol on June 9
The Meta Platforms Inc. pavilion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. Jason Alden | Bloomberg | Getty Images Meta is about to shed the last of its old corporate name. The Facebook-parent company announced Tuesday that it will change its stock ticker symbol […]
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Salesforce stock jumps as it raises profit forecast
Marc Benioff, co-CEO of Salesforce.com Inc., speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Tuesday, May 24, 2022. Hollie Adams | Bloomberg | Getty Images Salesforce shares rose 6% in extended trading on Tuesday after the enterprise-software maker reported fiscal first-quarter results that surpassed analysts’ expectations and lifted its […]
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Apple’s new iPhone and iPad software will reportedly add lots of big changes
Apple iOS 15 Spotlight search Apple Apple is reportedly bringing a slew of new updates to iPhones and iPads with its upcoming software releases, iOS 16 and iPadOS 16, which the company is expected to announce during its WWDC 2022 developer keynote on June 6. The changes to the iPhone include updates to notifications, messages […]
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