In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians outside Twitter headquarters in San Francisco on Oct. 6, 2022. David Paul | Bloomberg | Getty Images Twitter’s full-time headcount has dwindled to approximately 1,300 active, working employees, including fewer than 550 full-time engineers by title, according to internal records viewed by CNBC. Around
Technology
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Alex Spiro, attorney to Elon Musk, center, departs court in San Francisco, California, US, on Tuesday, Jan. 17, 2023. Benjamin Fanjoy | Bloomberg | Getty Images Tesla CEO Elon Musk appeared in a San Francisco federal court on Friday to defend tweets he posted to his
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood
In this article GOOGL TWTR MSFT META AMZN CRM Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters is seen in Mountain View, California, United States on September 26, 2022. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Tech companies have laid off tens of thousands of workers
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid fears of an oncoming recession. Sundar Pichai, Google’s CEO, said in an email sent to the company’s staff Friday that the
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google executives are deferring a portion of employees’ year-end bonus
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Monday, Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images Amazon said Wednesday it plans to shut down its charity donation program, in the latest
In this article MSFT CRM NFLX AMZN Follow your favorite stocksCREATE FREE ACCOUNT An employee cleans a window at Apple Inc.’s new Canton Road store in the Tsim Sha Tsui district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Many of the biggest technology companies are laying off staff as fears of
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft said Wednesday that it’s letting go of 10,000 employees through March 31 as the software maker braces for slower revenue
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Twitter is auctioning off espresso machines, kegerators, computers, and even oversized neon displays with the company’s logo as the social messaging
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple’s 2023 MacBook Pro Apple Apple on Tuesday announced new Macs that can be purchased with either M2 Pro or M2 Max chips, the most powerful Apple processors yet. The company unveiled refreshes to its 14-inch and 16-inch MacBook Pro laptops, both of which can
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A number of factors are behind bitcoin’s New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as “whales.” Filip Radwanski | Sopa Images | Lightrocket | Getty Images Bitcoin has begun 2023 on
After a tumultuous 2022, crypto investors are trying to figure out when the next bitcoin bull run could be. Last week, at a crypto conference in St. Moritz, Switzerland, CNBC spoke to industry insiders who painted a picture of 2023 as year of caution. Bitcoin is expected to trade within a range, be sensitive to
In this article AMZN RIVN Follow your favorite stocksCREATE FREE ACCOUNT For the 275,000 Amazon drivers dropping off 10 million packages a day around the world, the job can be a grind. But a lot has changed since drivers in 2021 told CNBC about unrealistic workloads, peeing in bottles, dog bites and error-prone routing software.
In this article FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Representative French Hill, a Republican from Arkansas, left, speaks during a news conference on Capitol Hill in Washington, D.C., July 24, 2018. Zach Gibson | Bloomberg | Getty Images Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto
The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images Crypto.com announced Friday that it’s laying off 20% of its workforce. CEO Kris Marszalek said in a blog post that the crypto exchange grew “ambitiously” but was unable to weather the collapse of Sam Bankman-Fried’s crypto empire
The Tesla Model Y (left) and Model 3 electric cars at the company’s official launch event in Bangkok on Dec. 7, 2022. The Model 3 is the company’s entry-level sedan. The Model Y is categorized by some as an SUV and others as a crossover. Lillian Suwanrumpha | Afp | Getty Images Electric vehicle maker
The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of a major stablecoin could have an impact on the U.S. bond market, marking a potential new area that investors need to
In this article BTC.CM= FTT.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook will receive a pay cut in
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