• Cisco (CSCO) earnings Q3 20220

    Cisco shares plunged by as much as 17% in extended trading on Wednesday after the networking company said it generated lower quarterly revenue than analysts predicted and called for an unexpected sales decline in the current period. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 86 cents per share as expected

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  • Netflix lays off 150 employees0

    Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors. Aaronp/bauer-griffin | Gc Images | Getty Images Netflix is laying off around 150 employees across the company,

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  • Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers0

    Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable

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  • Musk reportedly says Twitter deal at lower price ‘not out of the question’0

    Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk hinted that he could seek to renegotiate the price of his Twitter takeover, saying a deal at a lower price wasn’t “out of the question,” Bloomberg reported Monday. Musk reportedly made

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  • Microsoft CEO Satya Nadella tells employees pay increases coming0

    Microsoft CEO Satya Nadella speaks during the Microsoft Annual Shareholders Meeting at the Meydenbauer Center on November 28, 2018 in Bellevue, Washington. Microsoft recently surpassed Apple, Inc. to become the world’s most valuable publicly traded company. Stephen Brashear | Getty Images News | Getty Images Microsoft CEO Satya Nadella told staffers on Monday that the

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  • Trump can tweet if Musk lifts his ban, but has to post on Truth Social0

    Former President Donald Trump speaks to supporters during a rally at the I-80 Speedway on May 01, 2022 in Greenwood, Nebraska. Scott Olson | Getty Images Former President Donald Trump will partially restrict himself on social media, even if Elon Musk lifts Trump’s ban, according to an SEC filing from Digital World Acquisition Corp. Trump

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