March 6, 2023 Shopify is rejigging salary-based rewards for rising employees as part of a slew of tactical efforts aimed at tackling issues faced by its past compensation structure. Shopify employees will be labeled as managers or crafters more...
March 3, 2023 Broadcom exceeded analysts expectations when it presented its first-quarter financial results and provided a forecast for the next quarter that was also higher than the consensus analysts estimate. The reason for this anticipated increase in more...
March 3, 2023 Dell Technologies has reported its fourth-quarter results, and the PC and enterprise technology behemoth's current-quarter revenue and profit were lower than expected by Wall Street. This could exacerbate investors' skepticism about the sector. Analysts on more...
March 1, 2023 GoerTek says it is investing $280 million in a new plant in Vietnam, citing pressure from U.S. buyers to leave China. This is attributed to concerns about rising costs and geopolitical risks as tensions between more...
February 28, 2023 EU Industry Commissioner Thierry Breton stated that he would not take sides in the debate over big tech companies paying their fair share of taxes, which is expected to be a hot topic at the more...
February 28, 2023 Twitter has announced that as part of its restructuring plan, it will lay off approximately 200 employees. According to the New York Times, the layoffs will affect employees across departments, including engineering and product teams. more...
February 24, 2023 Nvidia, the world's largest manufacturer of graphics chips, reported a 66% increase in fourth-quarter revenue, fueled primarily by demand for its artificial intelligence (AI) chips. The company's strong results reflect its growing dominance in the more...
February 23, 2023 Intel Corporation announced that it will reduce its quarterly dividend by nearly 25% in order to conserve capital in the face of ongoing supply chain challenges and increased competition. The company announced a dividend cut more...
February 23, 2023 Amazon employees are reportedly unhappy with the company's decision to implement a sudden return-to-office policy. The policy was announced earlier in the month, and some employees have expressed dismay, citing concerns about their health and more...
February 22, 2023 Microsoft President Brad Smith will try to persuade EU antitrust regulators on Tuesday in a closed session that its $69 billion bid for "Call of Duty" maker Activision Blizzard will increase competition. Microsoft's proposed acquisition more...
