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July 1, 2022

Breaking News: Technology

Atlassian billionaire co-CEO Scott Farquhar saved a man’s life at a Las Vegas nightclub in April

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CNBC – For more and to sign up click here Scott Farquhar, co-founder and co-CEO of the global software company, Atlassian, speaks at the National Maritime Museum in Sydney, April 10, 2018. Chris Hopins | The Australian Financial Review | Getty Images As co-CEO of collaboration software maker Atlassian, Scott......

Micron warns weakening consumer demand will hurt smartphone sales

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CNBC – For more and to sign up click here Sanjay Mehrota, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron Technology, a major vendor of memory chips for PCs and smartphones, said on Thursday that it expects smartphone sales......

Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years

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CNBC – For more and to sign up click here Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Investors lowered the valuations......

FCC authorizes SpaceX to provide mobile Starlink internet service to boats, planes and trucks

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CNBC – For more and to sign up click here The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key......

Longtime Google exec Nick Fox to lead commerce business following Ready’s departure to Pinterest

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CNBC – For more and to sign up click here Nick Fox, vice president of product and design for Search and Assistant. Longtime Google exec Nick Fox will take over the company’s commerce and payments business on an interim basis. Fox’s appointment comes a day after the former head, Bill......

Qualcomm stock jumps after analyst predicts Apple will use its modems for 2023 iPhone

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CNBC – For more and to sign up click here Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm shares climbed more than 3% on Tuesday after a......

Pinterest CEO Ben Silbermann is stepping down and the stock is up

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CNBC – For more and to sign up click here Ben Silbermann, CEO and Co-Founder of Pinterest. Horacio Villalobos | Getty Images Longtime Pinterest CEO Ben Silbermann is stepping down, the company announced Tuesday. Shares jumped more than 7% in after-hours trading. Bill Ready, who was previously in charge of......

Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs

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CNBC – For more and to sign up click here A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a......

Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’

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CNBC – For more and to sign up click here Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email......

Apple responds to Roe v. Wade rollback, company benefits cover out-of-state travel for reproductive care

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CNBC – For more and to sign up click here An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple employees can use their company benefits to travel out-of-state to receive medical care, the......

Roe v. Wade overturned: Here’s how tech companies and internet users can protect privacy

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CNBC – For more and to sign up click here SENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB Abortion rights protesters participate in nationwide demonstrations following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in New York City, U.S., May 14,......

Zendesk to be acquired by investor group for $10.2 billion

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CNBC – For more and to sign up click here Zendesk co-founder and CEO Mikkel Svane Eric Piermont | AFP | Getty Images Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it at around $10.2 billion, the company announced Friday.......

Intel warns Ohio factory could be delayed because Congress is dragging its feet on funding

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CNBC – For more and to sign up click here A large chip factory currently in the early stages of being built outside of Columbus, Ohio, could see its scope scaled back or construction delayed depending on what Congress does with the CHIPS Act, Intel said in a statement on......

Tim Cook gives clearest hint yet that Apple’s building a headset

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CNBC – For more and to sign up click here Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June......

Amazon CEO acknowledges loss of Black leaders in internal memo

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CNBC – For more and to sign up click here Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy acknowledged losing two top Black executives, who led warehouses and transportation, in a company......

Amazon loses two Black executives, including one on leadership team

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CNBC – For more and to sign up click here Jeff Kowalsky/Bloomberg via Getty Images Amazon is losing two top executives who lead warehouses and transportation. Alicia Boler-Davis, senior vice president of global customer fulfillment and a member of the company’s leadership team, and David Bozeman, VP of Amazon Transportation......

SpaceX ramps up FCC battle over broadband usage the company says poses an existential threat to Starlink

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CNBC – For more and to sign up click here SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images WASHINGTON – Elon Musk’s SpaceX on......

DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising

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CNBC – For more and to sign up click here Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency......

Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

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CNBC – For more and to sign up click here The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much......

Activision Blizzard shareholders approve proposal for report on abuse and harassment

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CNBC – For more and to sign up click here Robert “Bobby” Kotick, chief executive officer of Activision Blizzard Inc., speaks during an interview in New York, U.S., on Wednesday, Nov. 10, 2010. Activision Blizzard Inc., controlled by Paris-based Vivendi SA, released “Call of Duty: Black Ops” worldwide yesterday and......

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