Technology
Chinese smartphone giants are producing a significant-finish perform towards Apple and Samsung
Huawei spin off Honor had a single of the most distinguished booths at Cell Earth Congress in February 2023. It was suitable following to Samsung’s stand in a signal that Honor is focusing on the South Korean agency in the premium conclude of the smartphone marketplace. Arjun Kharpal | CNBC Chinese smartphone makers are looking […]
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Atlassian cuts 5% of head count as the software program maker focuses on significant-priority spots
Michael Cannon-Brookes, co-CEO, Atlassian Scott Mlyn | CNBC Business enterprise-program maker Atlassian said Monday that it will lay off 500 workforce, or close to 5% of its workforce. Atlassian shares were up 1% in prolonged buying and selling pursuing the announcement. The engineering industry has been contracting a bit in the previous 12 months following […]
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Google tells employees that much less of them will get promotions to senior roles
Sundar Pichai, CEO of Google Inc. speaks through an function in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Pictures Google is warning workers that much less of them will receive promotions to more senior concentrations this year than in the previous. “The system is supervisor-led and will be largely equivalent […]
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New bipartisan Senate TikTok invoice will be unveiled Tuesday
WASHINGTON — A hugely anticipated bipartisan Senate monthly bill to give the president the authority to answer to threats posed by TikTok and providers like it will be unveiled Tuesday afternoon by Senate Intelligence Committee Chairman Mark Warner, a committee spokeswoman instructed CNBC. The Virginia Democrat will keep a 3 p.m. ET push conference with […]
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Google CEO defends desk-sharing coverage, suggests some offices are like a ‘ghost town’
Alphabet CEO Sundar Pichai gestures throughout a session at the Environment Economic Forum (WEF) yearly meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Visuals Google CEO Sundar Pichai defended the cloud unit’s new desk-sharing policy for staff members, describing some of the firm’s workplaces as basically vacant and reminding staffers […]
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Paramount Global considers selling majority stake of BET Media Group, sources say
Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New York, December 5, 2019. Brendan McDermid | Reuters Paramount Global is considering selling a majority stake of BET Media Group, the owner of the BET cable network […]
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Companies that give up inventory buybacks for 5 several years will get preferential cure in $52 billion beneath CHIPS application, Commerce Secretary Raimondo states
WASHINGTON — U.S. Commerce Secretary Gina Raimondo mentioned corporations that voluntarily agree to forgo stock buybacks for 5 yrs will get preferential treatment method when the company doles out $52 billion licensed under the CHIPS and Science Act. Raimondo claimed stock buybacks is a person element currently being taken into thing to consider as component […]
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Tesla cuts U.S. Product S and Design X costs between 4% and 9%
A drivers takes advantage of a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Visuals Tesla has slash prices on its two most high priced electric vehicles in the United States, in accordance to the company’s web site, times immediately after Main Government […]
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Meet up with the lady who invented a total new subsection of tech set to be worth $1 trillion
Ida Tin designed the expression “FemTech” in 2016. Clue Ida Tin preferred to examine artwork at faculty when she unintentionally landed herself a spot on a business enterprise program – she then turned a pioneer of an field established to be well worth additional than $1 trillion. “I pretty much got shed in the hallways […]
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Apple could launch mixed reality gadget this calendar year — but we’re not afraid, HTC CEO states
Cher Wang, chairperson, co-founder and CEO of HTC, speaks at a keynote on the 2nd working day of the Cellular Globe Congress 2023. Joan Cros | Nurphoto | Nurphoto by way of Getty Illustrations or photos BARCELONA — The boss of customer electronics company HTC thinks Apple is likely to launch its individual combined fact […]
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