Zoom Video Communications Inc
Ericsson will cut 1,200 positions in Sweden
Ericsson introduced it is setting up to reduce work opportunities as component of its cost-slicing measures. Nurphoto | Nurphoto | Getty Pictures Ericsson announced on Monday that it will lay off about 1,200 workers in Sweden as the telecommunications business faces slowed need for its 5G tools. The firm stated the downsizing is part of […]
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Cloud software purchasers are having frugal, foremost to slower growth at former highfliers
The New York Inventory Trade welcomes Snowflake to usher in the to start with day of wintertime on Dec. 21, 2021. To honor the occasion, Snowflake the Bear, joined by Chris Taylor, vice president of NYSE Listings and Solutions, rings the opening bell. NYSE In 2020, as information analytics computer software vendor Snowflake was hitting […]
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S&P 500 futures are tiny adjusted just after index slips from history: Reside updates
Traders get the job done on the ground at the New York Inventory Exchange (NYSE) in New York Town, U.S., February 14, 2024. Brendan McDermid | Reuters S&P 500 futures are in close proximity to flat Monday night time as the market rally took a breather. Futures tied to the broad industry index inched down […]
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Zoom shares bounce as quarterly benefits beat on best and base traces
Eric Yuan, founder and main government officer of Zoom Movie Communications, stands in advance of the opening bell all through the firm’s initial community presenting at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Pictures Zoom shares rose as considerably as 13% in extended buying and […]
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AI might be reading your Slack messages: 'A lot of this becomes thought crime'
Insta_photos | Istock | Getty Images Cue the George Orwell reference. Depending on where you work, there’s a significant chance that artificial intelligence is analyzing your messages on Slack, Microsoft Teams, Zoom and other popular apps. Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and Starbucks, as well as European brands including […]
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Snap to lay off 10% of worldwide workforce, about 500 employees
Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee listening to on on-line child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Social media business Snap stated on Monday that it would lay off 10% of its international workforce, or all-around 529 staff. […]
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Tech's longtime highfliers are growing up by getting smaller
Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are learning an old lesson from Wall Street: maturing means shrinking. Meta and Amazon saw their shares spike on Friday following their fourth-quarter earnings reports. While […]
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Zoom is cutting about 150 careers, or close to 2% of its workforce
Zoom CEO Eric Yuan speaks at the Dropbox Function In Development Convention in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Photographs for Dropbox Zoom is chopping about 150 work opportunities, CNBC verified on Thursday, the hottest tech enterprise to slash headcount this calendar year as investors proceed to push for efficiency. A Zoom […]
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Activists are eyeing tech stocks in advance of envisioned M&A rebound after two-calendar year lull
Paul Singer talking at the Providing Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist traders are circling the tech marketplace. That is mainly because, following a two-calendar year plunge in mergers and acquisitions across the industry, there are signals of existence to begin 2024, with expectations that many […]
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Startup bubble fueled by Fed's cheap money policy finally burst in 2023
Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer important, […]
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