Enterprise
Microsoft reaches settlement in California about claims it punished workforce for taking secured time off
A brand sits illuminated at the Microsoft booth in the Cellular Earth Congress 2024 in Barcelona on Feb. 26, 2024. Xavi Torrent | Getty Photos Information | Getty Illustrations or photos Microsoft is shelling out $14.4 million to settle a circumstance in California around allegations that the corporation retaliated in opposition to staff who experienced […]
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Salesforce shareholders reject compensation system for CEO Marc Benioff, other prime execs
Salesforce CEO Marc Benioff attends the World Economic Discussion board in Davos, Switzerland, on Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Visuals Salesforce investors voted in opposition to the firm’s compensation approach for prime executives, right after shareholder advisory groups raised worries about fairness awards granted to CEO Marc Benioff. In accordance to […]
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Supreme Court punts social media moderation instances back to reduced courts
Chris Marchese (L), Director of NetChoice Litigation Centre seems to be on as Matt Schruers (C), President and CEO of the Laptop & Communications Field Affiliation (CCIA), speaks to reporters outdoors of the US Supreme Court in Washington, DC on February 26, 2024. Andrew Caballero-Reynolds | AFP | Getty Illustrations or photos The Supreme Court […]
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Amazon is doubling worth of credits for some startups to construct on AWS as Microsoft cloud gains ground
Amazon will double the value of credits it gives some startups to use its cloud infrastructure, CNBC has learned, as the business faces heightened competitiveness from Microsoft in synthetic intelligence products and services. Beginning July 1, startups that have raised a Collection A spherical of funding in the previous calendar year will be suitable for […]
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Figma CEO states it is ‘eating cost’ of AI update for consumers in 2024
As design company Figma rolls out its initially main AI improve for its system, CEO and co-founder Dylan Industry is getting no prospects with consumers amid steep AI adoption and demand from customers curves and consumer buzz. Figma is spending the expense of the AI upgrade for now in its place of attempting to demand […]
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Oracle warns that a TikTok ban would hurt business
Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages […]
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Activist Starboard sues Autodesk in bid to mount proxy fight
Autodesk president and CEO Andrew Anagnost. Autodesk Starboard Value sued software maker Autodesk on Monday to delay the company’s annual meeting and reopen the board nominating window and allow the activist to mount a proxy fight. Activists can typically only begin a proxy fight, involving the nomination of a slate of directors to replace the existing board, if […]
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U.S. sues Adobe over subscription plan disclosures
Adobe headquarters in San Jose, California, US, on Thursday, Nov. 30, 2023. David Paul Morris | Bloomberg | Getty Images The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms. In a complaint filed […]
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Adobe shares soar 15% on better-than-expected results
Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.48 adjusted, vs. $4.39 expected Revenue: $5.31 […]
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Microsoft employees’ cybersecurity contributions will factor into their pay
Satya Nadella, CEO of Microsoft, arrives at federal court in Washington, D.C., on Monday, Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will evaluate its employees’ cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company’s vice chair and president, said ahead of a Thursday U.S. House committee […]
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