Salesforce aims for 25% operating margin in 2026 with more efficient spending
Salesforce shares rose almost 3% in after hours trading following the company's revised outlook.
CNBC Technology
FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round
Crypto exchange FTX is looking to raise more money as the company seeks to expand its portfolio during the market downturn.
Meta looks to cut costs by 10% or more over next few months, says report
The cost cuts at the Facebook parent company are likely to include job reductions due to internal business department reorganizations.
Google co-founder's flying car startup is winding down
Google co-founder Larry Page's flying car startup Kittyhawk is winding down, the company announced Wednesday.
Apple Watch Ultra is worth $799 for serious athletes, but an unnecessary splurge for the rest of us
The Apple Watch Ultra goes on sale Sept. 23. The Ultra is Apple's most expensive smartwatch at $799 and comes with features serious athletes will appreciate.
Amazon introduces new Fire tablets starting at $99
Amazon unveiled four new Fire 8 tablets on Wednesday ranging in price from $99 to $160.
Watch Regent take its prototype electric seaglider out for a test flight
The Regent seaglider accelerates and takes off onto its uniquely architected wings, staying within one wingspan of the surface.
Amazon memo says 'Thursday Night Football' drew record number of Prime signups for a 3-hour period
Amazon is paying about $1 billion a year for exclusive Thursday night rights from the NFL.
Tesla Megapack battery caught fire at PG&E substation in California
As of late Tuesday morning, there were no power outages for PG&E customers, nor any injuries to on-site personnel due to the fire.
YouTube will start sharing ad revenue with Shorts creators as the company tries to catch TikTok
YouTube is formalizing a new way to pay creators of short videos, a format that's turned TikTok into a mobile juggernaut.
Ether drops 15% since major Ethereum network upgrade as traders take profits and fret over rate hikes
Ether has fallen more than bitcoin since the Ethereum network underwent a huge upgrade called "the merge."
Treasury warns against Russia's efforts to evade sanctions with cryptocurrencies
The Treasury Department has sanctioned Russian oligarchs and other players for helping to fund the war in Ukraine.
How Tumblr went from a $1 billion Yahoo payday to a $3 million fire sale
Yahoo bet a $1 billion on Tumblr being the future of the creator economy. So why did it end up sold for $3 million in 2019, and can it rise again?
Microsoft starts rolling out Windows 11 update with video editor and Start menu folders
Support for Windows 10 doesn't end until 2025, but that isn't stopping Microsoft from rolling out changes to attract people to the newer version, Windows 11.
Chinese EV maker Xpeng launches rival to Tesla's semi-autonomous driving system
Xpilot and City NGP is Xpeng's answer to Tesla's Full Self Driving Beta, which the company is currently testing with customers in the U.S.
Salesforce co-CEO Benioff says there's 'no finish line when it comes to security' after Uber hack
At the Dreamforce conference on Tuesday, Salesforce co-CEO Marc Benioff addressed a recent hack at Uber that involved the Slack messaging app.
$20 billion Figma deal is a historic coup for startup investors in an otherwise miserable year
Just over a year after raising money at a $10 billion valuation, Figma is getting acquired at twice that price by Adobe.
GOP megadonor Peter Thiel to host fundraiser for Arizona Senate candidate Blake Masters
The invite lists Thiel as the host for the Masters campaign event and says the gathering is set to take place on Sept. 30 at his $5 million home in Los Angeles.
Spotify announces launch of audiobooks for U.S. listeners
U.S. Spotify users will now be able to purchase and listen to more than 300,000 different audiobook titles, the company announced Tuesday.
Here's Bret Taylor's first big technical move at Salesforce since becoming co-CEO last year
Salesforce is introducing Genie, a technology to deliver the most recent data on customers, at its Dreamforce conference this week.
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