Cisco reported better-than-expected results for the latest quarter but revenue continues to shrink.
Category: Technology
X rival Bluesky gains 1.25 million users following U.S. election
Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the U.S. election.
Tesla initiates sixth Cybertruck recall in a year
Tesla is voluntarily recalling 2,431 Cybertrucks to replace defective drive inverters, according to a filing with the National Highway Traffic Administration.
Trump victory may provide TikTok a lifeline to remain in the U.S.
Donald Trump’s election victory may provide a lifeline for TikTok, which faces a potential U.S. ban in January if not divested from parent company ByteDance.
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
Trump says Musk and Ramaswamy will lead government efficiency group
President-elect Donald Trump said on Tuesday that Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead an efficiency office.
Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE
Dogecoin shot higher on Tuesday night after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency.
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company’s profit forecast more than its third-quarter results.
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla’s 39% surge since Donald Trump’s election victory last week has lifted Elon Musk’s net worth by about $70 billion.
European Google rivals partner on search engine infrastructure to counter Big Tech
Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.