In a big week for tech earnings, the most notable results may have come from a memory maker based in South Korea and another lesser known American chip company. While most of the attention is focused on the disappointing earnings and outlooks from Microsoft (ticker: MSFT ) and Alphabet ( GOOGL ), investors should not...
Oct 26 (Reuters) – TikTok Inc won dismissal of a lawsuit accusing it of causing the death of a 10-year-old girl by promoting a deadly “blackout challenge” that encouraged people to choke themselves on its video-based social media platform. U.S. District Judge Paul Diamond in Philadelphia ruled Tuesday that the company was immune from the...
BEIJING — Seagate Technology said Thursday the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China. The company said in an SEC filing that it rejected the allegations. It says its hard disc-drives are not subject to U.S. Export Administration regulations,...
Meta employees demonstrate the Meta Quest Pro virtual reality headset during a media preview at the Meta Store in Burlingame, Calif. on Tuesday, Oct. 25. Nic Coury/Bloomberg via Getty Images hide caption toggle caption Nic Coury/Bloomberg via Getty Images Meta employees demonstrate the Meta Quest Pro virtual reality headset during a media preview at the...
Oct 26 (Reuters) – Wall Street is losing patience over Meta (META.O) boss Mark Zuckerberg’s enormous and experimental bets on his metaverse project that helped drive up the company’s overall costs by a fifth in the third quarter. Investors rushed to dump Meta Platforms Inc’s stock after hours, pushing it down 20% and wiping $67...
Oct 26 (Reuters) – Billionaire Elon Musk said he paid a visit to Twitter Inc’s (TWTR.N) headquarters in San Francisco on Wednesday, ahead of a court-ordered deadline to close his $44 billion deal for the social media platform. “Entering Twitter HQ – let that sink in!” said the caption of a video that Musk tweeted...
A report says an additional 20,000 black women need to be recruited to match numbers in the wider workforce.#Black #women #missing #tech #industry #report Source link
Who’s Playing Virginia Tech @ No. 24 NC State Current Records: Virginia Tech 2-5; NC State 5-2 What to Know The Virginia Tech Hokies and the NC State Wolfpack are set to square off in an ACC matchup at 7:30 p.m. ET Oct. 27 at Carter-Finley Stadium. Given that both teams suffered a loss in...
Weak economic growth, rising inflation and a strong dollar have taken a toll on the tech giants that have an outsize impact on the stock market.#Stock #Market #Falls #Investors #Fret #Tech #Growth Source link
A Raleigh startup is raising millions and using the money to hire. Allstacks announced Wednesday it has received $12.3 million in financing – money CEO Hersh Tapadia said will help the company grow to support anticipated demand. The company works in what it calls “value stream intelligence.” It offers products aimed at helping software firms...