Trend Micro lays off 2% of its global workforce
Trend Micro, which employed 7,582 employees as of June 2023, said it would lay off 2% of its worldwide workforce as part of a business transformation plan.
CNBC Technology
HPE to acquire Juniper Networks for $14 billion
HPE said that buying Juniper, a lingering competitor, would boost margins and speed up revenue growth as it goes up against Cisco
Bitcoin slides after SEC social media account is compromised, sends false ETF approval post
The price of bitcoin fell during late afternoon trading Tuesday following a false report about the approval of a bitcoin exchange-traded fund.
Match shares surge on report activist investor Elliott takes $1 billion stake
Elliott Management has reportedly built a large stake in the Hinge and Tinder owner and is seeking to overhaul the company's performance.
Juniper Networks jumps after WSJ reports on potential sale to HPE
HPE could announce a deal to buy Juniper as soon as this week, the Wall Street Journal reported
Elon Musk's X to launch peer-to-peer payments this year
Elon Musk's social media platform X, formerly known as Twitter, announced it will launch peer-to-peer payments this year.
Microsoft's multibillion-dollar investment in OpenAI could face EU merger probe
The EU Commission said it is looking into agreements made between technology giants and generative AI makers.
Meta says it will restrict content for teens, as complaints mount about harmful effects on youth
Meta is updating its policy for teenage content as it faces a lawsuit from 42 attorneys general who allege the company's products are hurting younger users.
Unity Software to lay off 1,800 employees, or 25% of staff
Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.
Samsung warns fourth-quarter profit could plunge 35%, misses expectations
Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.
This startup is removing carbon from the air — and here's why JetBlue is backing it
California-based startup Avnos is differentiating itself from other direct air capture companies by creating, rather than using, water in the process.
Apple iPhone sales in China fell more than 30% during first week of 2024: Analysts
Apple's iPhone sales in China are down more than 30% year over year, while competitors have "remained much stronger," Jefferies analysts said.
Twilio CEO Lawson steps down after bruising activist battles
Twilio founder Jeff Lawson on Monday said he would step down as CEO of the enterprise communications software company.
OpenAI responds to New York Times lawsuit, says ‘regurgitation’ of content is a ‘rare bug’
The New York Times recently sued the artificial intelligence startup over alleged copyright infringement.
Second-largest U.S. radio company Audacy files for bankruptcy protection
Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection to reduce its debt.
Apple Vision Pro headset launches in U.S. on Feb. 2, preorders begin Jan. 19
Vision Pro preorders open Jan. 19 ahead of the official Feb. 2 launch date, Apple said, with prescription inserts for the VR headset priced at $149.
Nvidia's newest chips are designed to run AI at home as competition from Intel, AMD looms
Nvidia is playing up its strength in consumer GPUs for so-called "local" AI that can run on a PC or laptop from home or an office.
Nintendo is expected to launch the 'Switch 2' console this year. Here's what to expect
But there are signs that Switch sales are starting to slow — and Nintendo needs something new.
Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU
Coinbase told CNBC exclusively that it entered into an agreement to buy an unnamed holding company which holds a Mifid II license.
Apple iPhone supplier Foxconn expects first-quarter revenue decline
Foxconn Technologies reported a year-over-year revenue decline for both December and the final quarter of 2023.
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