Microsoft hosted Sting concert in Davos before announcing layoffs
[ad_1] On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening…
Morgan Stanley reverses IBM upgrade after 9 months as stock outperforms broader market
[ad_1] International Business Machines Corp. shares underperformed the broader market Wednesday after Morgan Stanley reversed a nine-month upgrade on Big Blue’s stock after a defensive bet paid off. IBM IBM,…
Apple will delay AR glasses, focus instead on cheaper mixed-reality headset: report
[ad_1] Apple Inc. is expected to release its first mixed-reality headset later this year, but the release of its highly anticipated follow-up product, augmented-reality glasses, has been postponed, according to…
Unity Software to lay off more than 200 workers, some projects ‘going in the closet’
[ad_1] Unity Software Inc. is laying off more than 200 employees, making it the latest technology company to implement staff cuts amid mounting recession fears. San Francisco-based Unity U, +2.57% said Tuesday that 284…
SmileDirectClub stock rallies on cost cuts, workforce ‘realignment’
[ad_1] Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even…
Tim Cook asked Apple to cut his pay after making nearly $100 million last year
[ad_1] Apple Inc. Chief Executive Tim Cook is taking a substantial pay cut in 2023 — by about half, to $49 million — following investor criticism and a request by…
Climate startup captures carbon straight from the air in industry first
[ad_1] One of the most important technologies to address climate change got a boost Thursday when a startup said it pulled carbon dioxide from the open air and stored it…
Taiwan Semiconductor warns of falling revenue, deteriorating margins
[ad_1] Contract chipmaker Taiwan Semiconductor Manufacturing Co. on Thursday warned weak macroeconomic conditions and inventory adjustments would result in falling revenue and declining margins. The company TSM, +0.63% said first-quarter…
Alphabet cuts jobs at its robotics unit, Intrinsic
[ad_1] Intrinsic, Alphabet Inc.’s industrial robotics company, slashed about one-fifth of its workforce Wednesday, as Google’s parent company starts what’s anticipated to be a large round of layoffs. Intrinsic, which…
AMD poaches Marvell’s Jean Hu for CFO slot as Devinder Kumar retires
[ad_1] Advanced Micro Devices Inc. said late Wednesday that financial chief Devinder Kumar was retiring and that Marvell Technology Inc.’s Jean Hu would take his place. Marvell MRVL, +3.81% announced…
The holiday PC market stunk for everyone except Apple, report says
[ad_1] A sharp drop in global shipments of personal computers in the holiday quarter wrapped up a year of such declines, but Apple Inc. reportedly suffered the least. Global PC…
Could Apple WiFi chips just be a ploy to get a better deal from Broadcom?
[ad_1] Broadcom Inc. shares fell Tuesday following reports that Apple Inc. was working on its own radiofrequency (RF) chips, but one analyst wondered whether those plans would get shelved if…
Inari Amertron falls after report that Apple plans to drop broadcom chip
[ad_1] Shares of Inari Amertron Bhd. fell as much as 8.9% in early trade following a report that Apple Inc. plans to cease using some parts from major chip suppliers,…
Broadcom stock dinged in final minutes on report Apple working on its own WiFi/Bluetooth chips
[ad_1] Broadcom Inc. shares closed sharply lower Monday in the final minutes of trading following a report that Apple Inc. was working on its own WiFi and Bluetooth chips, which…
Samsung forecasts big slump in fourth-quarter profit as tech demand wanes
[ad_1] SEOUL — Samsung Electronics Co. 005930, +0.34% said it expects its fourth-quarter profit to plunge as the firm’s mainstay memory-chip and smartphone businesses face a sharp pullback in demand, showing…
‘Concessions have made a comeback’: In a cooling housing market, sellers pull out all the stops to lure buyers and your boss will no longer be able to make you sign noncompete agreements — if federal regulators have their way
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. ‘I can no longer be an executive at a high level’: Workers with disabilities, including long COVID, are finding their place as…
Qualcomm jumps into emergency services with Snapdragon Satellite, in cooperation with Iridium
[ad_1] Qualcomm Inc. is looking to leapfrog Apple Inc. by offering emergency satellite phone service using Android smartphones, with specific product announcements expected by the middle of the year. At…
CES 2023: AMD seeks to attract Nvidia’s customers with advanced new AI chips
[ad_1] Advanced Micro Devices Inc. is seeking to lock horns with rival Nvidia Corp., with plans to release a chip in the latter half of the year that teaches AI…
These four chip stocks could double from here, according to Rosenblatt
[ad_1] An earlier version of this story cited the wrong firm for the picks. It has been corrected. Once-hot chip stocks Nvidia Corp., Marvell Technology Inc., and Advanced Micro Devices…
Apple shares look to snap four-day losing streak after report of improved iPhone Pro production
[ad_1] Shares of Apple Inc. moved higher on Thursday after four straight days of declines, after a report indicated that iPhone production capacity in China was improving — even as…
Thousands of Twitter users report login problem
[ad_1] Some Twitter Inc. users experienced technical problems accessing the service through web browsers late Wednesday, in what appeared to be the first widespread outage since the company was taken over by Elon…
MicroStrategy says it bought 2,500 bitcoin but also sold some for tax reasons
[ad_1] MicroStrategy Inc. MSTR, -2.00% has spent more than $55 million to purchase roughly 2,500 bitcoins over the past two months, the company revealed in a Wednesday filing where it…
Hong Kong’s Hang Seng Index jumps to four-month high
[ad_1] Hong Kong stocks rose to a four-month high in its first trading day since the Christmas holidays, during which China scrapped its overseas-travel quarantine rule. The benchmark Hang Seng…
Micron’s recovery from ‘worst memory downturn in 13 years’ will take time, analyst says
[ad_1] Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while.…
Florida penthouse bought with crypto sells for $18 million cash
[ad_1] In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for…