Company

Alphabet CEO Sundar Pichai: CNBC interview

Alphabet CEO Sundar Pichai: CNBC interview

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told …

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Facebook plans to reduce hiring as revenue growth slows

Facebook plans to reduce hiring as revenue growth slows

Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg tested about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign and how it handles …

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Microsoft $15 billion security unit gives investors reason for hope

Microsoft $15 billion security unit gives investors reason for hope

Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $10 billion in annual …

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Jack Dorsey's new title: Block Head

Jack Dorsey’s new title: Block Head

Jack Dorsey, CEO, Twitter testifies at Congressional hearing, March 25, 2021. CNBC Jack Dorsey is no longer the CEO of Block. He no longer has the title, at least. In a filing with the SEC on Friday, the company formerly known as Square said Dorsey has changed his title to Block Head. Block updated its …

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IBM earnings Q1 2022

IBM earnings Q1 2022

IBM CEO Arvind Krishna Source: CNBC IBM shares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here’s how the company did: Earnings: $1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv. Income: $14.2 billion, vs. $13.85 billion as expected …

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Amazon is adding a 'fuel and inflation surcharge'

Amazon is adding a ‘fuel and inflation surcharge’

This past Wednesday, Amazon announced that for the first time in the company’s history, it will be charging sellers a “5% fuel and inflation surcharge.” According to CNN Business, the new fee is being imposed because “inflation has worsened significantly in recent months.” In a company-wide memo, Amazon said, “In 2022, we expected to return …

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Strange New Worlds Gets New Trailer from Paramount

Strange New Worlds Gets New Trailer from Paramount

Picture: Paramount just as one star trek show has ended, a new one is set to take its place. This afternoon, Paramount Plus unveiled a brand new trailer for Star Trek: Strange New Worlds ahead of its May 5 release that promises new worlds to go for Christopher Pike (Anson Mount) and the crew of …

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SEC charges Twilio engineers with insider trading

SEC charges Twilio engineers with insider trading

The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam …

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Revenue declines but profit surges

Revenue declines but profit surges

Huawei reported its first yearly revenue decline on record in 2021 as US sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are …

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