Alibaba, founded by Jack Ma, is the biggest e-business company in China. Getty Key Takeaways Alibaba has announced a major earnings beat, with net income rising 69% compared to the same time last year...
Tag: emerging tech kit
Github To Layoff 10% Of Global Workforce In Latest Tech Cuts
(Photo Illustration by Chesnot/Getty Images) Getty Images Key takeaways Github will be cutting their staff numbers by 10%, equating to around 300 full time employees CEO Thomas Dohmke has stated he wa...
Disney Layoff 7,000 As Embattled House Of Mouse Announces Restructure
Disney+ Getty Key takeaways Disney revealed it would be laying off 7000 workers amidst another busy week for tech job cuts The losses were announced on the latest earnings call, which also revealed a ...
How Does Artificial Intelligence Work? And How Is It Disrupting The Tech Industry?
getty Key takeaways The power of AI is evident in our everyday lives, from what we see when we log in to social media to what we watch on streaming services. We’re going to look at how AI works and wh...
Microsoft And Amazon To Layoff A Total Of 28,000 Employees
Getty Images Key takeaways Combined, Amazon and Microsoft are laying off a total of 28,000 employees The wave of tech layoffs is continuing into 2023 An uncertain economic climate is one reason behind...
What Microsoft’s Recent Layoffs Mean For The Company And Investors
Getty Images Key takeaways Microsoft announced 10,000 layoffs on January 18, 2023 These layoffs come amid a string of similar announcements from other tech businesses In his announcement, CEO Satya Na...
All About Apple’s Latest Announcement
Getty Images Key takeaways On Tuesday, Apple announced upgrades to its MacBook Pro lineup for 2023 The company also released information regarding its M2 chip series, which originally debuted last yea...
How Does Microsoft’s Dividend Increase Affect Investors?
Getty Images Key takeaways Tuesday, Microsoft announced a 10% dividend increase for shareholders on record on 17 November, bringing its per-share payout to $0.68 Microsoft’s dividend increase puts it ...
Are We In A Goldilocks Economy?
Getty Images Key takeaways In light of moderating economic data, some economists believe we could be headed toward a “Goldilocks economy” – or in one already Goldilocks economies are “just right,” wit...
Alphabet And Microsoft Missed Their Earnings Estimates
Getty Images Key takeaways Alphabet and Microsoft released their earnings reports Tuesday after the bell Both tech giants missed estimates, though the damage wasn’t as bad as some feared Alphabet shar...
Amazon Makes Moves In Healthcare With Plans To Acquire One Medical
Getty Images Key takeaways Amazon plans to acquire healthcare provider One Medical for $18 per share in a deal valued at $3.9 billion One Medical, which went public in 2020, operates a network of heal...
Google And GameStop Are Splitting Stocks, And Here’s What It Means For Investors
SOPA Images/LightRocket via Getty Images Key takeaways Google executed a 20-for-1 stock split on Monday as the company aims to make shares more appealing to retail investors Later this week, the GME s...