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July 1, 2022

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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......

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......

Salesforce bosses are happy with Slack deal — here’s why it makes the company stronger

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CNBC – For more and to sign up click here Salesforce’s co-CEOs told Jim Cramer the Slack acquisition is working out well and positioning the company to better handle a hybrid-work environment. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars each

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CNBC – For more and to sign up click here Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion......

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......

DocuSign CEO Dan Springer steps down

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CNBC – For more and to sign up click here Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign CEO Dan Springer is stepping down in his role after the e-signature software maker lost more than 60% of its value year to date.......

A.I. software called DALL-E turns your words into pictures

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CNBC – For more and to sign up click here The DALL-E Mini software from a group of open-source developers isn’t perfect, but sometimes it does effectively come up with pictures that match people’s text descriptions. Screenshot In scrolling through your social media feeds of late, there’s a good chance......

Adobe shares move lower after full-year projections fall short

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CNBC – For more and to sign up click here Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company’s annual two-day event for......

Apple’s newest homegrown chips present a fresh challenge to Microsoft’s Windows business

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CNBC – For more and to sign up click here Apple CEO Tim Cook (R) looks at a newly redesigned MacBook Air laptop during the WWDC22 at Apple Park on June 06, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. Justin Sullivan |......

Job cuts hit cybersecurity industry despite surging growth from ransomware attacks

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CNBC – For more and to sign up click here A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks......

DocuSign shares crater after first-quarter earnings miss

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CNBC – For more and to sign up click here Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 22% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first......

Here’s what Cisco CEO Chuck Robbins told Cramer about supply chains, M&A and enterprise demand

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CNBC – For more and to sign up click here In an interview with CNBC Wednesday, Cisco CEO Chuck Robbins provided a number of updates on the networking company’s business. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Apple’s big annual conference kicks off next week: Here’s what to expect

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CNBC – For more and to sign up click here Apple CEO Tim Cook will present the latest versions of Apple’s software for iPhones, iPads, Mac, Watch, and TV on Monday to kick off WWDC, Apple’s annual developer conference. The new “bits,” as attendees often call the updates, are the......

Cloud stocks mount big rally led by UiPath, as investors bet tech valuations have bottomed

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CNBC – For more and to sign up click here Daniel Dines, CEO, UiPath at company’s IPO at the New York Stock Exchange, April 21, 2021. Source: NYSE Cloud stocks rallied on Thursday, with more than a dozen vendors notching gains of 10% or more, as investors used an upbeat......

Javier Olivan, who’s replacing Sheryl Sandberg at Meta, built his career on international expansion

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CNBC – For more and to sign up click here Mark Zuckerberg, chief executive officer of Facebook Inc., right, pauses while speaking as Javier Olivan, vice president of growth and analytics at Facebook Inc., looks on at Billionaire Carlos Slim’s Telmex Foundation annual event for scholarship students in Mexico City,......

Salesforce shares jump on upbeat results in the face of tough economy

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CNBC – For more and to sign up click here Marc Benioff, CEO of Salesforce, at the WEF in Davos, Switzerland on May 25th, 2022.  Adam Galica | CNBC Salesforce shares jumped nearly 10% on Wednesday, after the cloud software vendor maker issued better-than-expected quarterly results and lifted its full-year......

Salesforce stock jumps as it raises profit forecast, CFO says company will be more ‘measured’ in hiring

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CNBC – For more and to sign up click here Salesforce shares rose 8% in extended trading on Tuesday after the enterprise-software maker reported fiscal first-quarter results that surpassed analysts’ expectations and lifted its full-year earnings guidance. Here’s how the company did: Earnings: 98 cents per share, adjusted, vs. 94......

Recession-fearing investors keep slashing the fastest-growing cloud stocks

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CNBC – For more and to sign up click here Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in New York on Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Tech investors finally got some relief this past week,......

Microsoft exec tells employees in Windows and Office groups to be more cautious in hiring

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft is gearing up to pursue a more......

Broadcom announces plans to buy VMware in $61 billion deal

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CNBC – For more and to sign up click here Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on the closing price of Broadcom common stock on May 25, 2022, the companies announced on Thursday. The deal would be one of the largest technology acquisitions......

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