In this article ADBE Shantanu Narayen, CEO of Adobe Systems Inc. David Paul Morris | Bloomberg | Getty Images Adobe announced Thursday that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. Shares of Adobe sank 17%, their biggest plunge since 2010. Figma, founded in 2012,
Technology
In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla CEO Elon Musk enacted a strict return-to-office policy this spring, informing employees suddenly by email on May 31 that they would need to “spend a minimum of forty
In this article AAPL iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14. Sofia Pitt Apple’s new iPhone 14 models hit stores Friday, with the exception of the iPhone 14 Plus, which will be available starting Oct. 7. I’ve been testing the $799 iPhone 14, $999 iPhone 14 Pro, and the $1,099 iPhone 14 Pro
A trader works at the New York Stock Exchange NYSE in New York, on Aug. 26, 2022. Xinhua News Agency | Getty Images The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The consumer price index was up 0.1%
In this article AMZN Amazon Kindle 2022 Amazon Amazon on Tuesday announced a new entry-level $99 Kindle e-reader with several improvements over the prior model. The biggest change is the display, which is a lot sharper than the earlier $89 Kindle. That means text will look clearer when you’re reading, instead of slightly blurry. The
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon‘s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. Heather MacDougall, who joined Amazon
In this article AAPL AAPL Apple iOS 16 Source: Apple Apple just released its big new iOS 16 software update for iPhones. It has lots of new features and is available to anyone with an iPhone 8 or newer. Apple releases big software updates every year to help keep the iPhone fresh. And, unlike Google’s Android,
In this article JPM Some parts of China have officially promoted metaverse development plans. Pictured here is a metaverse exhibition area at an annual services trade expo in Beijing on Sept. 1, 2022. China News Service | China News Service | Getty Images BEIJING — When it comes to futuristic concepts like the metaverse, JPMorgan
Deepak Ahuja joined Zipline as Chief Business and Financial Officer in 2022. Courtesy Zipline Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s chief business officer and CFO, Zipline announced Friday. Zipline is a Silicon Valley-based robotics company that delivers supplies to hard-to-reach areas using drones. It initially focused on medical
In this article AAPL Sofia Pitt, CNBC When Apple held its annual launch event for the iPhone 13 in 2021, it started with a joyful video featuring jazz dancers celebrating the natural beauty of California (which can be captured with an iPhone camera, of course). The undertone of Apple’s iPhone 14 launch this week was
The Amazon Spheres in Seattle Washington on Sept. 20th, 2018. Todd Haselton | CNBC Amazon is preparing to cut more than 150 jobs as it winds down its telehealth offering known as Amazon Care, according to filings submitted in Washington state. Amazon said 159 employees will be laid off from Amazon Care, based on Worker
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company
In this article AMZN A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon has acquired Cloostermans, a Belgian company that makes technology used in warehouses, the company announced Friday. Terms
In this article TSLA Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. James Glover II | Reuters Tesla has shaken up leadership at the Gigafactory, its sprawling battery plant outside of Reno, Nevada, and is setting new goals for the facility. Former Vice President of Gigafactory
In this article AAPL Apple hiked the price of the iPhone 14 series in a number of key markets, though it was unchanged in the United States. With rampant inflation persisting and a global recession on the horizon, all eyes were on how Apple priced its main product during the Cupertino giant’s big event on
In this article DIS Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 2021 in Los Angeles, California. Rich Fury | Getty Images Entertainment | Getty Images The coronavirus pandemic has left a “permanent scar” on the movie
In this article TWTR This illustration photo taken on August 5, 2022 shows a cellphone displaying a photo of Elon Musk placed on a computer monitor filled with Twitter logos in Washington, DC. Samuel Corum | AFP | Getty Images A Delaware court denied Elon Musk‘s request to delay the trial over his attempt to
In this article MMAT Mark Zuckerberg, chief executive officer and founder of Facebook Inc., demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers. David Paul Morris | Bloomberg | Getty Images Meta will hold its annual virtual reality conference, Connect, on Oct.11, CEO Mark Zuckerberg announced on Tuesday. In an announcement post
In this article AAPL A customers holds the new green colour Apple iPhone 13 pro shortly after it went on sale inside the Apple Store on 5th Avenue in New York, March 18, 2022. Mike Segar | Reuters Apple will announce its latest hardware products, including new iPhone 14 models, at its launch event Wednesday,
In this article 6758.T-JP NTES 700-HK Revenue from mobile games accounts for more than half of the mobile gaming market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Asia’s biggest gaming firms — Sony, NetEase and Tencent —
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