Tag Archives: technology
Snap expects to miss revenue target, slow down hiring
By Sheila Dang (Reuters) - Snap Inc expects to miss its quarterly revenue targets, the company said in a filing on Monday, and will slow hiring for this year, Chief Executive Evan Spiegel told employe...
May 23, 2022
Zoom bets on hybrid work to raise full-year profit forecast
(Reuters) -Zoom Video Communications Inc on Monday raised its full-year adjusted profit forecast, signaling robust demand for its video-conferencing tools in a hybrid work environment, sending the com...
May 23, 2022
Workers at ‘Call of Duty’ creator Activision Blizzard vote to join union
By Doyinsola Oladipo (Reuters) - A small group of Activision Blizzard workers voted for unionizing at a studio that works on the popular "Call of Duty" franchise, the second victory in a push to organ...
May 23, 2022
Tesla investor Streur says carmaker still believes in ESG
By Ross Kerber (Reuters) - Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investing pioneer thi...
May 23, 2022
Videogame publisher Activision illegally threatened staff, U.S. agency says
By Kanishka Singh WASHINGTON (Reuters) - Videogame publisher Activision Blizzard Inc enforced a social media policy that conflicted with workers' rights and illegally threatened staff in the policy's ...
May 23, 2022
U.S. appeals court rejects most of Florida social media law
By Brendan Pierson (Reuters) - Most of a Florida law that sought to stop social media companies from restricting users' political speech violates the companies' free speech rights and cannot be enforc...
May 23, 2022
Miami Mayor working with MiamiCoin operator on ‘glitches’
By Jessica DiNapoli DAVOS, Switzerland (Reuters) - Miami's mayor Francis Suarez says he is working with the operator of the U.S. city's digital currency to resolve glitches after it crashed in value t...
May 23, 2022
T-Mobile launches 5G products to compete with Verizon, AT&T for business clients
By Supantha Mukherjee STOCKHOLM (Reuters) - T-Mobile on Monday launched a suite of 5G products to lure business clients and capture some of the market share of rivals Verizon and AT&T, and has signed ...
May 23, 2022
Exclusive-Toshiba to nominate Elliott, Farallon executives to its board, sources says
TOKYO (Reuters) - Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that could give foreign investors more ...
May 23, 2022
Denmark hits streaming services with levy to support local TV
COPENHAGEN (Reuters) - Lawmakers in Denmark have agreed global TV streaming services such as Netflix, Amazon and Disney must pay a levy of 6% of their revenue in the country to support local TV produc...
May 23, 2022
