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Tag Archives: CNBC
North Korea crypto hacking activity soars to record high in 2023, new report shows
North Korea-linked hackers attacked a record number of crypto platforms in 2023, according to Chainalysis in its latest report on Wednesday.
India’s Zee Entertainment urges Sony to restore blockbuster merger, sues over termination
Sony earlier this week called of the transaction with Zee Entertainment, which is reported to be worth $10 billion.
Spotify to begin in-app sales on iPhone in Europe after new EU law requires Apple to allow it
Apple hasn’t yet revealed how it will change its software and policies to comply with the new EU law.
SAP shares surge to all-time high after results, plans to restructure 8,000 jobs in push to AI
Shares of German software company SAP jumped Wednesday after it announced plans to restructure the jobs of 8,000 staff in a push toward artificial intelligence.
Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024
ASML, a Dutch company that makes machines required in the manufacturing of the world’s most advanced chips, has been caught in the U.S.-China tech battle.
EBay to eliminate about 1,000 jobs, or 9% of full-time workforce
EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equating to 1,000 full-time employees
SAP plans job changes or buyouts for 8,000 employees in restructuring plan
SAP is looking to accelerate growth, partly in artificial intelligence.
TikTok cuts about 60 jobs as January layoffs continue across tech industry
TikTok has laid off about 60 employees, though a spokesperson said anyone affected can apply for one of the 120 “similar roles” posted internally
Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining
Bitcoin miner Core Scientific has completed the reorganization process and relisted its shares on the Nasdaq.