The Greek media company Antenna Group is in talks to acquire Time from Salesforce co-founder Marc Benioff, according to people familiar with the matter. No deal is assured and the…
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In this StockCharts TV video, Mary Ellen reviews the negative price action in the broader markets while highlighting pockets of strength. She shares how the rise in interest rates is impacting…
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Overall Analysis Bitcoin fell sharply on 31st Oct from higher levels, indicating profit booking, and missed a time high of just 300 points. The selling trend might go long. Ethereum…
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In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned out, S&P was…
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Business
Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
by adminby adminAlphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call suggesting that more cost cuts are coming. “There…
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Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee chain is hoping…
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Business
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
by adminby adminPeloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company’s…
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Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period”…
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Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part of the deal,…
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Business
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
by adminby adminJPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank…