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Tag: Breaking News: Technology

Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing

A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue.But...

Democratic senator aims at Amazon’s labor practices with first federal bill regulating quotas

Democratic Sen. Ed Markey, D-Mass., on Thursday introduced new legislation to regulate the use of productivity quotas by warehouse employers like Amazon, a...

Apple’s China momentum in focus ahead of earnings after the bell

Apple reports earnings for the second fiscal quarter on Thursday after the markets close.The company has set investor expectations low and could surpass...

Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ

A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates.Dan Kitwood...

Taylor Swift’s music returns to TikTok after Universal Music agrees new licensing deal, ending spat

Taylor Swift attends the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. Neilson Barnard | Getty ImagesUniversal Music...

Shares of Nio soar more than 20% as EV deliveries more than double in April

Nio's ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China.Getty Images | Getty Images...

Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia

BANGKOK, THAILAND - 2024/05/01: Satya Nadella, the executive chairman and CEO of Microsoft Corporation speaks during the "Microsoft Build: AI Day" event at...

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle, Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesAmazon CEO Andy Jassy...

UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack

Omar Marques | Lightrocket | Getty ImagesUnitedHealth Group CEO Andrew Witty on Wednesday told lawmakers that data from an estimated one-third of Americans...

Masimo’s billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight

Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | Afp | Getty ImagesBillionaire...

Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones

Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las...

Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico

Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford's 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April...

UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom

In a Wednesday hearing in front of the U.S. Senate Committee on Finance, UnitedHealth Group CEO Andrew Witty confirmed for the first time...

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