Breaking News: Technology
Twitter CEO expects Musk deal to close but is preparing for other scenarios
Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal said Friday that he still expects the sale to Elon Musk to go through, but he’s continuing to run the company in case it doesn’t. “While I expect the deal to close, we need to be prepared for all scenarios […]
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Elon Musk says Twitter deal on hold pending details on fake accounts; shares plunge 19%
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Elon Musk announced Friday that the Twitter deal is on hold until he receives more information about how many fake accounts there are on the platform. Twitter’s stock plummeted 19% following the announcement. A spokesperson for […]
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Salesforce tells employees worried about abortion access that it will help them relocate
CEO of Salesforce Marc Benioff attends a meeting with U.S. President Joe Biden and private sector CEOs in the State Dining Room of the White House on January 26, 2022 in Washington, DC. Drew Angerer | Getty Images Salesforce told employees in a Slack message on Thursday that the company will help them relocate if […]
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Why it’s bad news for the entire market when Apple has a big drop
Apple stock is down over 8% this week, wiping off about $200 billion in value, and dragging down the Dow and Nasdaq indexes. Apple is now officially in a bear market alongside other technology megastocks. Apple has fallen during a bad week for equity markets, which are selling off stocks in nearly every industry on […]
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Twitter’s market cap has dropped to $9 billion below Musk’s purchase price as concerns about deal emerge
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters As Elon Musk pursues ownership of Twitter, shares of the social media company are dropping, suggesting some concern among investors that […]
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Twitter freezing hiring and cutting costs as execs depart
A person in a mask approaches the New York Twitter offices after they announced they will close their re-opened offices effective immediately in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Twitter is pausing most hiring this […]
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Alphabet CEO Sundar Pichai on inflation, investing in growth, and free speech on the internet
CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told […]
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Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts
Boeing’s Starliner capsule for the Orbital Flight Test 2 (OFT-2) mission is lifted on top of United Launch Alliance’s Atlas V rocket on May 4, 2022. Frank Michaux / NASA Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a crucial system that has kept the company from flying astronauts […]
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Lina Khan’s FTC can finally move forward with its progressive agenda after Senate confirms fifth commissioner
Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images The Federal Trade Commission finally has the power to move forward with its progressive enforcement and policy agenda after the Senate confirmed President Joe Biden’s nominee to the fifth commissioner seat Wednesday. The Senate voted to confirm Alvaro Bedoya 51-50, with Vice […]
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Google teases smart glasses prototype that translates languages in real time
Google AR glasses prototype Google Google CEO Sundar Pichai on Wednesday teased a pair of smart glasses capable of translating languages in real-time. Pichai showed a video demo of the glasses during Google’s I/O developer summit. While they’re still just a prototype, Google suggested the glasses can show live language translations to the person wearing […]
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