Tag: computers

Freshworks stock jumps 32% after IPO raises more than $1 billion

Freshworks Inc. shares rallied more than 30% on their first day of trading Wednesday, after the software provider pulled in more than $1 billion in...

Toast IPO: 5 things to know about the restaurant-focused payments player

A previous version of this report incorrectly referred to Toast’s volume numbers instead of its revenue. It has been corrected. Toast Inc. could be rolling...

My sons are at odds after one abused the other 20 years ago. Should I appoint a third party as executor of my $1 million estate?

Dear Quentin, I’m 75 years old and have $1 million, plus assets, in a trust for my two sons, but I need to do some...

‘I am (likely) the world’s most stupid person’: Former Microsoft and Amazon executive sentenced to 2 years for filing over $5 million in fake PPP loans

A one-time executive at both Microsoft MSFT MSFT, +0.21% and Amazon AMZN, +1.01% has been sentenced to two years in prison for falsely filing for...

Zoom Video earnings: Expectations may be coming back to earth

As Zoom Video Communications Inc. faces its first earnings report comparing results to a full-blown pandemic quarter, investors are looking more to the future. Since hitting...

Opinion: Nvidia’s ARM acquisition is stalled, and there’s a deadline with more than a billion dollars at stake

Nvidia Corp.’s megamerger with ARM Holdings LLC isn’t expected to happen in the timeframe that Nvidia expected, but there are more than a billion reasons...

Apple’s hot antitrust autumn: Storm clouds are forming from multiple directions

A decision in a landmark antitrust legal case could come by the end of the month, but that is far from the only concern bearing...

Opinion: The metaverse — a merging of realities — is being built out this decade so you can live in it

Facebook, according to a July 28 earnings call, plans to “transition from the social network to a metaverse company.” Let’s start with a definition for...

Chinese state media call video games ‘spiritual opium.’ Kids today should play pinball (yes, pinball)

Anyone who has witnessed a semi-catatonic teen playing a video game might agree with a recent stock market-moving assessment from China that the electronic medium...

Fake Covid Vaccination Cards Are on the Rise in the U.S., Europe

MILAN—As Covid-19 vaccine mandates proliferate in the U.S. and Europe, so are swindlers selling bogus vaccination certificates. The U.S. government has said federal workers must...

People are still playing a lot of videogames, but how much?

Videogame publishers anticipate the pandemic-fueled turbocharging of their industry is here to stay, but engagement is slowing and hurting their stocks. Going into earnings season,...

Take-Two stock drops after game delays, disappointing earnings outlook

Take-Two Interactive Software Inc. shares fell in the extended session Monday, after the videogame publisher topped earnings estimates for the quarter but provided a weaker-than-expected...

Dow edges higher as investors weigh tech earnings, ahead of Fed update

U.S. stocks on Wednesday were set to climb tentatively higher as investors awaited a fresh policy update from the Federal Reserve and parsed many corporate...

Activision Blizzard CEO admits ‘tone deaf’ response to allegations, ahead of employee walkout

Facing an employee revolt ahead of the videogame company’s quarterly earnings report, Activision Blizzard Inc. Chief Executive Bobby Kotick went into damage-control mode Tuesday. Responding...

Don’t wait — back-to-school shopping will be more expensive and more challenging this year

Families are getting a welcome taste of normalcy with most schools slated to reopen for in-person learning in the fall, but back-to-school shopping this year...

The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earnings

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be...

What will Apple say about the next iPhone at earnings time? Maybe more than usual

The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.’s June-quarter conference call. Typically the most important tidbit coming out...

Question not whether AMD can take market share from Intel, but just how much

Advanced Micro Devices Inc. has become more of a threat to larger rival Intel Corp. as it has ever been, and the question now is...

Opinion: Intel appears to be feeling the competitive heat from AMD

Intel Corp.’s data-center sales keep declining as Advanced Micro Devices Corp.’s sales keep growing, and it seems Intel is finally doing something about it. While...

Intel stock ticks lower as outlook barely clears Wall Street expectations following beat

Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall...

Netflix lays out mobile games plan that could set a collision course with Apple

Netflix Inc.’s its expansion into videogames offers a tantalizing upside for the streaming pioneer, but also sets up a potential confrontation with Apple Inc. “We...

IBM stock gains after earnings show second consecutive quarter of sales growth

International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher in extended trading. IBM  IBM,...

Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree

WASHINGTON—The Biden administration Monday publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email software this year, part...

Oliver Daemen, 18, is ‘super excited’ to join Bezos flight and become the youngest person in space

“ “Hi, I’m Oliver Daemen, and I will be joining Jeff Bezos, Mark Bezos and Wally Funk on the first flight of New Shepard. I...

Game on? Netflix hires first videogame executive, signaling a new approach

Netflix Inc. announced its first major videogame hire Wednesday, potentially signaling a move beyond its streaming-video roots. Netflix NFLX, +1.34% hired Mike Verdu as vice...