Breaking News: Technology
Top rated Amazon seller Packable commences liquidating and announces career cuts following unsuccessful SPAC endeavor
About a yr back, on the web retailer Packable was planning to go public by a unique intent acquisition organization. With the SPAC sector possessing evaporated and the economic system now sputtering, Packable is laying off staff and planning to liquidate, according to inner paperwork reviewed by CNBC. Packable is the guardian firm of Pharmapacks, […]
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Twitter whistleblower alleges execs misled board and general public on spam, stability
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man knowledgeable the company on the working day that he would not, in simple fact, be having the board seat. Andrew Burton | Getty Photographs News | Getty Pictures A Twitter whistleblower is alleging “serious, egregious deficiencies by Twitter” linked to […]
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Previous Apple engineer accused of thieving automotive trade techniques pleads responsible
An aerial look at of Apple Park is noticed in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Photos Xiaolang Zhang, a previous Apple staff who was accused of thieving personal computer files with trade secrets about Apple’s secretive vehicle division, pleaded guilty in federal court docket in […]
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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 […]
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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 […]
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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 […]
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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, […]
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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 […]
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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 […]
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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 […]
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