Technology

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries. Protocol reported earlier on the cuts, saying they could affect up to 2,500 employees. One person familiar with the matter said
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In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT New Twitter owner Elon Musk weighed in on the upcoming midterm elections and tweeted on Monday that “independent-minded” people should vote for a Republican Congress. “Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the
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Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter co-founder Jack Dorsey apologized Saturday for growing the company “too quickly,” a day after the company laid off approximately half of its employees under new owner Elon
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In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Twitter has suffered a “massive drop in revenue” because of advertisers pausing spending on
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Stripe co-founder and CEO, Patrick Collison Manuel Blondeau | Getty Images Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks,
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In this article DASH Follow your favorite stocksCREATE FREE ACCOUNT A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Shares of DoorDash popped more than 14% in extended trading Thursday after the food delivery company posted better-than-expected sales and total
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In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon has exited the trillion-dollar club. Shares of the e-retailer plunged 5.9% on Tuesday, falling for
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David Wadhwani, president of Adobe’s Digital Media unit, speaks at Adobe’s Max conference in Los Angeles in October 2022. Adobe In September 2009, with the stock market still in the doldrums from the Great Recession, Adobe announced plans to spend $1.8 billion for marketing software vendor Omniture, its second-biggest acquisition ever at the time. Prior
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TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S. called Temu. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon. Mike Kemp | In Pictures | Getty Images Pinduoduo and TikTok owner ByteDance
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