Internet
Cisco CEO Chuck Robbins tells employees U.S. needs new gun laws following Uvalde massacre
Chuck Robbins, CEO of Cisco at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Cisco CEO Chuck Robbins has just waded into one of the most politically contentious debates in the country. In an all-hands meeting with employees, Robbins called for new gun laws, including additional background checks, in response […]
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DocuSign shares plunge 24% on profit miss and downgrades
The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign plunged as much as 24% on Friday after the e-signature software maker posted fiscal first-quarter earnings that fell short of analysts’ estimates. DocuSign on Thursday […]
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Wickr, Amazon’s encrypted chat app, has a child sex abuse problem — and little is being done to stop it
Pavlo Gonchar | Lightrocket | Getty Images Wickr Me, an encrypted messaging app owned by Amazon Web Services, has become a go-to destination for people to exchange images of child sexual abuse, according to court documents, online communities, law enforcement and anti-exploitation activists. It’s not the only tech platform that needs to crack down on […]
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‘Buy now, pay later’ firms were already in trouble. Apple just gave them one more thing to worry about
Apple Pay Later will let users pay for things over four equal installments. Jakub Porzycki | Nurphoto | Getty Images AMSTERDAM — Apple’s move into the crowded “buy now, pay later” space has raised the stakes for the fintech companies that pioneered the trend. The iPhone maker announced plans to launch its own “pay later” […]
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Alibaba shares drop 8% after Jack Ma’s Ant Group and regulator squash talk of revived IPO
Ant Group, founded by billionaire Jack Ma, scrapped its IPO in November 2020 after regulators flagged concerns with the company. Since then, the company has been ordered to rectify its business. Ant Group said that a revived IPO is not on the cards yet. Costfoto | Future Publishing | Getty Images Alibaba shares dropped 8% […]
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Amazon will let you try on digital versions of shoes you want to buy
Zoom In IconArrows pointing outwards Amazon on Thursday rolled out a new augmented reality shopping tool that lets users virtually try on shoes they may be interested in buying. Amazon said the tool would make the online shopping experience easier and more interactive for shoppers. The feature, called Virtual Try-On for Shoes, is available for […]
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Twitter plans shareholder vote by August on sale to Musk
The Twitter logo is displayed on the facade of the company’s headquarters in San Francisco. David Paul Morris | Bloomberg | Getty Images Twitter plans to hold a shareholder vote by early August on its $44 billion sale to Elon Musk, as it continues to work “constructively” to complete the deal with the world’s richest […]
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Crypto poses a threat to the safety of global payment systems, fintech boss warns
Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure. “It is very dangerous,” Anne Boden, who founded Starling in 2014, warned Tuesday […]
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Stripe co-founder hits back at rivals accusing the company of unfair competition
John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images AMSTERDAM — The co-founder of $95 billion fintech giant Stripe defended the company’s business practices after complaints from rivals that it engages in unfair competition. John Collison, Stripe’s president, said Tuesday he is “pretty unapologetic” about the company’s decisions to launch […]
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Ben & Jerry’s galvanizes customers to lobby for tighter gun laws after Texas, New York mass shootings
Ice cream giant Ben & Jerry’s is galvanizing its millions of customers in a new lobbying push for tougher gun safety measures after last month’s mass shootings in Uvalde, Texas, and Buffalo, New York. Christopher Miller, the head of global activism at the ice cream company, told CNBC in an interview that the company has […]
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