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Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

Technology News

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.  Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco […]

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Meta announces 5% cuts in preparation for ‘intense year’ — Read the internal memo

Meta announces 5% cuts in preparation for ‘intense year’ — Read the internal memo

Technology News

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | Reuters Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about

Meta announces 5% cuts in preparation for ‘intense year’ — Read the internal memo Read More »

Bitcoin jumps above ,000 as improving inflation data pauses crypto sell-off

Bitcoin jumps above $96,000 as improving inflation data pauses crypto sell-off

Technology News

Jonathan Raa | Nurphoto | Getty Images Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 3.7% to $96,363.58, according to Coin Metrics, after sliding below the $90,000 support level to start the week. The broader crypto market, as

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Wildfires force Los Angeles app developer to use his own technology to navigate crisis

Wildfires force Los Angeles app developer to use his own technology to navigate crisis

Technology News

The wind whips embers while firefighters battle the fire in the Angeles National Forest near Mt. Wilson as the wildfires burn in the Los Angeles area, during the Eaton Fire in Altadena, California, U.S. January 9, 2025.  Ringo Chiu | Reuters For almost two years, Viktor Makarskyy has been working on an app that serves

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AWS and General Catalyst partner to speed up development of health-care AI tools

AWS and General Catalyst partner to speed up development of health-care AI tools

Technology News

Attendees walk through an expo hall at AWS re:Invent, a conference hosted by Amazon Web Services, at the Venetian in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Entertainment | Getty Images Amazon Web Services and venture capital firm General Catalyst on Monday announced a new multi-year partnership in their latest push

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Microsoft contributes million to Trump’s inauguration fund

Microsoft contributes $1 million to Trump’s inauguration fund

Technology News

President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft said Thursday that it’s contributing $1 million to President-elect Donald Trump’s inauguration fund. The software maker is now more closely aligned

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Google donates million to Trump’s inauguration fund, joining other tech giants

Google donates $1 million to Trump’s inauguration fund, joining other tech giants

Technology News

Alphabet CEO Sundar Pichai speaks at the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023. David Paul Morris | Bloomberg | Getty Images Google donated $1 million to President-elect Donald Trump’s inauguration fund, becoming the latest major tech company to try and curry some goodwill with the incoming administration. “Google is pleased to

Google donates $1 million to Trump’s inauguration fund, joining other tech giants Read More »

Microsoft confirms performance-based job cuts across departments

Microsoft confirms performance-based job cuts across departments

Technology News

Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance

Microsoft confirms performance-based job cuts across departments Read More »

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