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Reuters - 2 일 전

AI inverts tech’s growth and value buckets

BREAKINGVIEWS-AI inverts tech’s growth and value buckets The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, June 14 (Reuters Breakingviews) - Artificial intelligence is forcing an opposite day in the technology industry. As the software boom’s easy growth fades, investors are punishing once-racy and now-slowing giants like Salesforce CRM.N .

Reuters - 4 일 전

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Updates headline, recasts first paragraph June 12 (Reuters) - Companies in the U.S. and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.

Reuters - 4 일 전

US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds FedEx layoffs June 12 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit , 5% at audi

Reuters - 5 일 전

Yext drops after Q1 results miss estimates

BUZZ-Yext drops after Q1 results miss estimates ** Shares of data management company Yext YEXT.N fall 17.6% to $4.15 premarket ** Company reports Q1 revenue of $95.9 mln below analysts' estimate of $96.3 mln - LSEG data ** Posts quarterly adj. earnings of 5 cents/shr, missing analysts' expectations of 6 cents ** Forecasts FY25 revenue between $394 mln and $396 mln, also below estimate of $400 mln - LSEG data ** Sees FY adj.

Reuters - 6 일 전

OpenAI hires former Nextdoor CEO Sarah Friar as first CFO

UPDATE 2-OpenAI hires former Nextdoor CEO Sarah Friar as first CFO Adds details from statement in paragraphs 3-4, background from paragraph 5 onwards June 10 (Reuters) - OpenAI said on Monday it had hired Sarah Friar, the former CEO of social media firm Nextdoor KIND.N , as its first chief financial officer. The artificial intelligence firm has also appointed Kevin Weil, who has previously worked at Twitter, Facebook and Instagram, as chief product officer.

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