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Categories Business

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Author November 1, 2024

Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call

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Categories Business

Super Micro’s $50 billion stock collapse underscores risk of AI hype

Author November 1, 2024

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,

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Categories Business

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Author November 1, 2024

Peloton 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

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Categories Business

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Author November 1, 2024

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

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Categories Business

Starbucks will stop charging extra for nondairy milk

Author October 31, 2024

Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk

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Categories Business

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Author October 31, 2024

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to

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Categories Business

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Author October 29, 2024

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to

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Categories Business

Immersive entertainment company Cosm lands rights to broadcast NFL games

Author October 29, 2024

Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the

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Categories Business

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

Author October 28, 2024

Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an

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Categories Business

Nvidia overtakes Apple as world’s most valuable company

Author October 28, 2024

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its

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