The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland on April 3, 2021. Jaap Arriens | NurPhoto | Getty Images Discord will lay off 17% of the company’s workforce, which equates to 170 employees, a spokesperson confirmed on Thursday. The company, which provides a popular messaging service used by…
Bloomberg | Bloomberg | Getty Images Bitcoin miners fell Thursday, giving back earlier gains, as the price of the cryptocurrency retreated in volatile trading following the U.S. Securities and Exchange Commission’s approval of the first U.S. spot bitcoin exchange-traded funds. The two biggest mining stocks, Marathon Digital and Riot Platforms, lost 12% and 15%, respectively. Iris Energy fell 6% and CleanSpark…
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft on Thursday briefly yanked the title of most valuable publicly traded company from Apple in early trading. But Apple returned to the top spot at market close. The development follows a series of obstacles Apple has encountered at the start of the year….
The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will impact employees within Google’s hardware…
Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the…
Unpacking what’s new at one of the world’s biggest tech trade shows is a dizzying experience. Here’s the best (and weirdest) tech at CES 2024 we found.
Microsoft, Google integrate AI into products Microsoft, Google integrating more AI into products 03:20 Microsoft briefly dethroned Apple as the world’s most valuable company, as its foray into generative AI continues to push up its stock price. The software giant’s stock on Thursday jumped as much as 2%, putting the firm’s market valuations at $2.903…
Sopa Images | Lightrocket | Getty Images Google launched several new tools for retailers using generative artificial intelligence to improve online shopping experiences and other retail operations, its cloud business announced in a release Thursday. The suite of new products includes a generative AI-powered chatbot that retailers can use on websites and mobile apps. The…
Amazon‘s Audible division is cutting approximately 5% of its staff in an effort to position the unit “for continued success,” the executive overseeing the division told employees Thursday. “We did not take this route without considerable thought,” Audible CEO Bob Carrigan wrote in a memo to staffers that was viewed by CNBC. “But getting leaner…
Comment on this storyComment Add to your saved stories Save As 2024 gets rolling, companies are still cutting costs, with Google and Amazon being the latest big company to do layoffs. The near future could bring more. “We saw a big surge of hiring … when people went online in 2020,” said Brett House, professor…
