Qualcomm shares fall on weak first-quarter outlook
In notes to clients after the report, several analysts seemed to agree that Qualcomm would make it to the other side of the headwinds in a solid position.
CNBC Technology
Jeff Bezos sued by former housekeeper over working conditions, discrimination by other staff
Mercedes Wedaa, who was hired as a housekeeper in 2019, claimed she faced racial discrimination, and worked long hours without adequate meal or rest breaks.
NBA Top Shot maker Dapper Labs lays off 22% of workers
Dapper Labs, the company behind the NBA Top Shot and NFL All Day digital trading platforms, is laying off 22% of its workers as the popularity of NFTs slides.
Chime cuts 12% of its workforce, adding to recent wave of tech layoffs
Fintech company Chime is laying off 12% of its workforce, approximately 160 employees, amid a worsening economic outlook.
Lyft cuts 13% of its workforce
In an email to employees, Lyft executives pointed to what they called "a probable recession sometime in the next year" and rising rideshare insurance costs.
Op-ed: What Elon Musk really gets out of owning Twitter
Any chatter about Elon Musk's plans to revamp Twitter and turn it into a better business misses the mark. It's about influence, and he knows it.
Palm oil is in almost everything, and it's devastating rainforests. This Bill Gates-backed company used microbes to create an alternative
Palm oil is in more than half the packaged products Americans use, but it's devastating to the environment. C16 Biosciences Palmless is an alternative.
Gmail has a cool new feature that shows when a package is arriving
Google recently announced a new feature in Gmail that lets you easily track packages for things you've ordered.
Ukraine government is seeking alternatives to Elon Musk’s Starlink, vice PM says
The Ukrainian government is looking for alternatives to Starlink, the satellite internet arm of Elon Musk's SpaceX, Vice PM Mykhailo Fedorov said.
Fidelity to open commission-free crypto trading to retail investors
Fidelity Investments is launching a commission-free crypto trading product for retail investors.
Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there's 'pain to come' as linear TV gives way to streaming
Charter CEO Tom Rutledge gives his exit interview in a CNBC exclusive as he prepares for retirement.
Ark's Cathie Wood is betting Elon Musk will turn Twitter into a 'super app'
Twitter may one day look more like WeChat Pay, the digital payments service of Chinese messaging app WeChat, Wood said.
Twitter reportedly ready to cut about 3,700 employees
Twitter employees expect a 50% reduction in force, as Elon Musk scrambles to improve margins at the social network he just acquired for $44 billion.
Twitter tells worried employees their vested shares will be paid in coming days
Since Elon Musk's acquisition of Twitter closed last week, employees have been concerned that they wouldn't be paid for their vested stock.
World's largest iPhone assembly plant under new Covid lockdown in China
An industrial park in China that is home to the world's largest assembly plant for Apple's iPhones has been ordered to complete a seven-day Covid lockdown.
Etsy shares pop on revenue beat, rosy guidance
Etsy posted better-than-expected sales for the third quarter, and gave a rosy forecast for the current quarter.
Qualcomm shares fall on first-quarter guidance, hiring freeze announced
Qualcomm shares fell in extended trading on Wednesday after the chipmaker offered poor first-quarter guidance.
Cloud stocks creamed as Fed indicates more rate hikes are coming
Cloud stocks tumbled still lower on Wednesday as investors worried anew about the implications of interest rates continuing to shoot upward.
Twitter owner Elon Musk met with civil rights leaders Tuesday — here's what happened
Twitter's new owner Elon Musk was pressed by civil rights leaders to keep banned users off the site and maintain election integrity tools.
Shares of Airbnb tumble 13% on low fourth-quarter guidance
Shares of Airbnb fell Wednesday, a day after the company released third-quarter earnings that beat Wall Street's estimates but fell short on Q4 guidance.
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