WeWork will restate earnings of SPAC sponsor BowX

Marcelo Clore, Chairman of WeWork, Inc. , speaks during an interview at WeWork’s IPO on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 21, 2021. Brendan McDermid | Reuters Just over a month after it debuted on the public market, WeWork has already run into a snag with … Read more

Qualcomm introduces new chip for game consoles

Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm introduced a new Snapdragon G3x chip on Wednesday for mobile consoles in a sign of the growing importance of gaming to semiconductor companies. The announcement shows that Qualcomm wants a part of the hot gaming market, as AMD and Nvidia, which power game consoles from Microsoft, … Read more

Apple backs exemptions for Trump tariffs on Apple Watches, Mac parts

Employees of the Flextronics International Apple Mac factory assemble Apple Mac Pro computers in Austin, Texas, November 20, 2019. Tom Brenner | Reuters Apple made eight public comments supporting temporary duty waivers on Apple Watch and Mac Pro parts on Wednesday, according to the US Trade Representative’s website. The filings are a public step in … Read more

Snowflake (SNOW) earnings Q3 2022

Frank Slotman, CEO of Snowflake, on the day of his 2020 IPO. He is known for being a demanding leader, and straight shooter. He recently told CNBC, “I’d often attend board meetings at other companies, and the CEO would come up with a list of 10 priorities…well, that’s the same as not having priorities.” CNBC … Read more

Square changes corporate name to Block

Jack Dorsey (left), Square CEO and Twitter CEO, broadcasts a live video as he stands outside the New York Stock Exchange for the Square IPO, in New York on November 19, 2015. Lucas Jackson | Reuters Square is rebranding itself as Block as it focuses on technologies like blockchain and is expanding beyond the original … Read more

Disney names Susan Arnold as board chair, replacing Bob Iger

Visitors attend the Disney California Adventure theme park on February 25, 2020 in Anaheim, California. Bob Iger, who had been Disney’s CEO since 2005, was replaced by Bob Chapek, who previously ran the company’s Parks, Experiences and Products division. David McNew The company announced Wednesday that Susan Arnold is taking over the role of chairman. … Read more

Salesforce stock has worst day since March 2020 on earnings forecast

Marc Benioff, CEO of Salesforce.com speaks at the World Economic Forum in Davos, Switzerland, January 23, 2020. Adam Galcia | CNBC Salesforce shares fell 10% on Wednesday, their biggest drop since March 2020, when concerns about the spread of the Covid-19 pandemic shocked the market. The drop came on the heels of disappointing fiscal fourth-quarter … Read more

Facebook ends ban on cryptocurrency ads

Facebook President Mark Zuckerberg announced Thursday that the parent company’s name has been changed to “Meta” to represent a future beyond its troubled social network. Chris Delmas | AFP | Getty Images Facebook announced on Wednesday its decision to reverse a long-standing policy that has prevented most cryptocurrency companies from displaying ads on their services. … Read more

White House VP Kamala Harris unveils Space Priorities Framework

Vice President Kamala Harris speaks at NASA’s Goddard Space Flight Center on November 5, 2021. Taylor Michal/NASA The Biden administration’s first National Space Council meets on Wednesday, as Vice President Kamala Harris is set to outline the White House’s approach to space policy. Revived two decades after the previous presidency, the National Space Council met … Read more

Meta’s head of cryptocurrency David Marcus resigns

David Marcus, head of Facebook Financial, or F2, testifies about Facebook’s proposed digital currency formerly known as Libra, during a Senate Banking and Urban Affairs Committee hearing on Capitol Hill in Washington, DC, on July 16, 2019. Renamed Cryptocurrency Diem in December 2020. Saul Loeb | AFP | Getty Images David Marcus, head of crypto … Read more