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CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs

CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images CrowdStrike shares dropped 10% after issuing weak earnings guidance as the company signaled ongoing pressure from its global IT outage that rattled businesses in July. The cybersecurity […]

CrowdStrike slumps 10% on weak earnings outlook, overhang from outage costs Read More »

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges

Erez Druk, co-founder and CEO of Freed. Courtesy: Freed For Erez Druk, who spent almost four years working at Facebook, building health-care startup Freed has been a labor of love, quite literally.  Druk’s wife, Dr. Gabi Meckler, works at a community clinic in northern California, where she cares for children and adults, and delivers babies

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges Read More »

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs

Steve Wozniak, co-founder of the technology company Apple. Thomas Banneyer | Picture Alliance | Getty Images BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for

Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs Read More »

Qualcomm CEO says its new modem creates a ‘huge delta’ in performance versus Apple

Qualcomm CEO says its new modem creates a ‘huge delta’ in performance versus Apple

Apple webpage with iPhone 16e ad is screened on a mobile phone for illustration photo.  Beata Zawrzel | Nurphoto | Getty Images Qualcomm CEO Cristiano Amon told CNBC its latest modem will create a big distance in performance versus Apple, which has made its first foray into the technology. Modems are a key component of

Qualcomm CEO says its new modem creates a ‘huge delta’ in performance versus Apple Read More »

CrowdStrike falls 9% on disappointing earnings forecast

CrowdStrike falls 9% on disappointing earnings forecast

George Kurtz, co-founder and CEO of CrowdStrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco on April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike shares dropped nearly 9% in extended trading on Tuesday after the cybersecurity software provider issued disappointing earnings guidance. Here’s what

CrowdStrike falls 9% on disappointing earnings forecast Read More »

‘Music to our ears’: Qualcomm CEO welcomes TSMC’s 0 billion investment to boost U.S. chipmaking

‘Music to our ears’: Qualcomm CEO welcomes TSMC’s $100 billion investment to boost U.S. chipmaking

Taiwan Semiconductor Manufacturing Co.‘s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations. Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty. Trump announced on

‘Music to our ears’: Qualcomm CEO welcomes TSMC’s $100 billion investment to boost U.S. chipmaking Read More »

Samsung to launch its Apple Vision Pro rival headset this year

Samsung to launch its Apple Vision Pro rival headset this year

Samsung’s extended reality ‘Project Moohan’ headset on display at the Mobile World Congress 2025 in Barcelona. Arjun Kharpal | CNBC Samsung will launch its extended reality headset this year, a spokesperson for the company told CNBC on Tuesday. The device, dubbed Project Moohan, is Samsung’s answer to Apple‘s $3,500 Vision Pro, which was launched last

Samsung to launch its Apple Vision Pro rival headset this year Read More »

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty Read More »

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement

The new Bitcoin token is photographed on U.S. $100 bills. Sopa Images | Lightrocket | Getty Images The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump’s announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by tariff concerns knocked it down.

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement Read More »

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House

Leader of the Department of Government Efficiency Elon Musk wears a shirt that says “Tech Support” as he speaks during a cabinet meeting with US President Donald Trump at the White House in Washington, DC, on February 26, 2025.  Jim Watson | Afp | Getty Images Tesla’s stock started off March the way it left

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House Read More »

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