Intel (INTC) earnings Q4 2022

Intel CEO Pat Gelsinger stands in front of a cathedral in the German city of Magdeburg on Nov. 12, 2022. During his visit to him, Gelsinger also visited the planned site of the Intel Gigafactory in the Eulenberg industrial park. /dpa-Zentralbild/dpa (Photo by Peter Gercke/picture alliance via Getty Images) Peter Gercke | Picture Alliance | … Read more

IBM earnings Q4 2022

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported quarterly revenue on Wednesday that topped analysts’ estimates, driven by higher-than-expected growth in the company’s software and infrastructure segments. Here’s how the company did: Earnings: … Read more

Microsoft investigating Teams and Outlook outage as users report issues

The Microsoft logo is seen at the Microsoft store in New York City. Mike Segar | Reuters Microsoft said it is investigating issues with several of its products, including Teams and Outlook. The US technology giant said that users may not be able to access multiple Microsoft 365 services. “We’ve identified a potential networking issue … Read more

Microsoft forecast suggests gloomy tech environment will continue

Microsoft CEO Satya Nadella leaves the Elysee Palace after a meeting with the French President Emmanuel Macron in Paris on May 23, 2018. Aurelien Morissard | IP3 | Getty Images Microsoft executives on Tuesday told analysts to expect a continuation of the weak pace of business that emerged in December, which hurt the software maker’s … Read more

Microsoft (MSFT) earnings Q2 2023

Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. Nadella gave a keynote speech at an event hosted by the company’s Korean unit. SeongJoon Cho | Bloomberg | Getty Images Microsoft shares rose as much as 5% in extended trading on Tuesday after the company reported fiscal … Read more

Microsoft announces new investment in ChatGPT-maker OpenAI

Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI. Microsoft declined to provide a specific dollar amount, but Semafor reported earlier this month that Microsoft was in talks … Read more

Amazon, Meta and Google buy more clean energy than any other companies

Google headquarters is seen in Mountain View, California, United States on September 26, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are leading the charge of companies buying wind and solar power. amazonFacebook parent company Goaland Google, owned by parent company alphabetare the top three corporate purchasers of wind and solar energy, … Read more

Microsoft is laying off 10,000 employees

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 growth. The company is also taking a $1.2 billion charge. … Read more

Salesforce’s Marc Benioff hints at more potential layoffs

Marc Benioff, co-chief executive officer of Salesforce.com Inc., between panel sessions on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Jason Alden | Bloomberg | Getty Images Marc Benioff, Salesforce’s co-founder and soon to be sole CEO, indicated in an all-hands meeting on Thursday that more downsizing could be … Read more

Amazon says it will cut over 18,000 jobs, more than initially planned

Andy Jassy, ​​CEO of Amazon Web Services. CNBC amazon said Wednesday it will cut over 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. The Wall Street Journal reported on the cuts earlier, which Amazon said preempted its planned announcement. related investing news “We typically wait to communicate … Read more