Stitch Fix CEO steps down, 20% of salaried workforce to be cut
Katrina Lake, CEO of Stitch FixAdam Jeffery | CNBCan hour ago"I will be stepping in as interim CEO and leading...
Technology
Delta plans to offer free Wi-Fi starting Feb. 1
The passenger cabin on a Delta Boeing 737-900ER is shown while landing in Salt Lake City, Utah.Mike Blake | ReutersDelta...
Tech jobs hit the hardest by layoffs last year: Report
Peopleimages.com | Getty ImagesThe technology industry led job cuts in 2022, totaling more than 97,000 announced across the sector, according...
Amazon’s Alexa will soon help EV drivers find a charger
Alexa for EV chargingSource: AmazonAmazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle...
Silvergate Capital tanks nearly 40% after crypto bank discloses massive Q4 withdrawals
Pavlo Gonchar | Lightrocket | Getty ImagesShares of 22 hours agoAt the end of December, $150 million of the bank's...
Amazon says it will cut over 18,000 jobs, more than initially planned
Andy Jassy, CEO of Amazon Web Services.CNBC18 hours ago"We typically wait to communicate about these outcomes until we can speak...
Microsoft drops after UBS analysts warn of weakness in the cloud
A sign for Microsoft Corp. at the company's office in the central business district of Lisbon, Portugal, on Tuesday, Dec....
Coinbase settles with New York state financial regulator for $100 million, stock spikes
Coinbase signage in New York's Times Square during the company's initial public offering on the Nasdaq on April 14, 2021.Robert...
Meta fined over $400 million by top EU regulator for forcing users to accept targeted ads
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on...
Salesforce is cutting 10% of its personnel, more than 7,000 employees
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021.David Paul Morris | Bloomberg...
China risks loom over U.S. tech giants Tesla and Apple as share prices plunge
Apple and Tesla are facing major headwinds in China which is contributing to investor jitters around the two U.S. technology...
Ant gets approval to expand its consumer finance business
Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020.Vcg | Visual China Group |...
Why Deere thinks satellites are the next big technology to invest in
Drones, robotics technology, and now satellites.John Deere's Chief Technology Officer Jahmy Hindman told CNBC the world's largest agriculture equipment player...
Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as...
Apple hikes the price of iPhone battery replacements by $20
Customer inspects iPhone 14 Pro Max inside an Apple store in Marunouchi, Tokyo.Stanislav Kogiku | SOPA Images | Lightrocket |...
Tesla shares tumble more than 12% following deliveries report
Shares of Tesla closed down 12% on Tuesday, a day after the electric auto maker reported fourth-quarter vehicle production and...
Sam Bankman-Fried pleads not guilty to federal fraud charges in New York
Sam Bankman-Fried pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his...
Apple’s market cap falls under $2 trillion as sell-off continues
Tim Cook walks in the Paddock prior to the F1 Grand Prix of USA at Circuit of The Americas on...
Microsoft recognizes its first union as ZeniMax software testers organize
Lisbon , Portugal - 3 November 2022; Brad Smith, Vice Chair and President, Microsoft, at a press conference during day...
Apple’s market cap falls under $2 trillion as selloff continues
Tim Cook walks in the Paddock prior to the F1 Grand Prix of USA at Circuit of The Americas on...