Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s US trading session as the most valuable publicly traded company, surpassing Apple after briefly outperforming the iPhone maker during intraday trading on Thursday. Microsoft shares climbed more than 3% for the week, bringing the company’s market capitalization to $2.89 trillion, while … Read more
This photo taken on Sept. 22, 2023 shows a Rokid employee demonstrating an augmented reality helmet at the company’s office in the 2022 Asian Games host city of Hangzhou, in east China’s Zhejiang province. From autonomous bug zappers to android pianists and driverless ice cream trucks, machines rule the world, at least at China’s Asian … Read more
Google headquarters in Mountain View, California, on January 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday as the company continues to push for efficiencies and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will affect employees of Google’s hardware … Read more
Brian Armstrong, CEO of Coinbase Global Inc., speaks during the Messari Mainnet Summit in New York on Thursday, September. 21, 2023. Michael Nagle | Bloomberg | Getty Images Now that the SEC has approved the creation of Bitcoin Exchange Traded Funds, Coinbase the crypto market position is about to change dramatically. In the coming weeks … Read more
Amazon is laying off hundreds of employees across its Prime Video and MGM Studios divisions. Mike Hopkins, who oversees those units, sent a memo to employees Wednesday informing them of the job cuts, according to a copy of the memo seen by CNBC. An Amazon spokesperson confirmed the layoffs. Hopkins said the company made the … Read more
Pavlo Gonchar | Lightrocket | Getty Images UnitySoftware announced on Monday that it is shedding 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. Shares jumped nearly 5% in extended trading. Unity said in a regulatory filing that the cuts are part of the company’s … Read more