by: Olafimihan Oshin, The Hill Posted: Jan 25, 2023 / 05:29 PM PST Updated: Jan 25, 2023 / 05:29 PM PST (The Hill) – More than two dozen in-house massage therapists were reportedly part of the latest round of layoffs that happened at Google last week.  According to filings reported by CNBC on Tuesday, 27 in-house massage therapists were among the 1,845 employees to lose their jobs with the company in the state of California.  Twenty-four of… Source link

Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link

Jan. 25, 2023Updated: Jan. 25, 2023 3:33 p.m. The logo of Google is displayed on a carpet at the entrance hall of Google France in Paris. Google said it’s laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off. Michel Euler, STF / Associated Press Google’s mass layoff of 12,000 workers will affect at… Source link

Domantas Sabonis and the Kings host the Raptors on Monday night. We have a big 10-game slate on tap Wednesday night that features plenty of marquee matchups and no shortage of elevated projected totals. Both are certainly potential good news from a DFS perspective, as it implies key players should see big minutes, and there could be an abundance of highly productive individual performances as well. As customary, we’ll highlight multiple advantageous positional matchups to exploit at each… Source link

Google makes changes to how Android promoted in India Move comes after India antitrust body rulings, court setbacks India key market for Android Google says will continue to appeal Android order NEW DELHI, Jan 25 (Reuters) – Google said on Wednesday it will allow device makers in India to license its individual apps for pre-installation and give an option to users to choose their default search engine, announcing sweeping changes to how it promotes its Android system. The move comes after the… Source link

Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the most significant news for Tesla’s 2023 roadmap is the upcoming Cybertruck is on track for production later this year. For the quarter, Tesla (TSLA) reported: That revenue represents another record high for Tesla, up over $2 billion sequentially from Q3 and nearly $7 billion from a year ago. On the profitability end, Tesla is reporting adjusted net income… Source link

U.S. stocks clawed back from steep losses to close mixed on Wednesday after lackluster forecasts from Microsoft (MSFT) and other companies reporting earnings weighed on the market for much of the session. The S&P 500 (^GSPC) was just below flat, while the Dow Jones Industrial Average (^DJI) turned positive, capping the day just above breakeven. The technology-heavy Nasdaq Composite (^IXIC) was off by 0.2%. Investors continued to barrel through a mild earnings season, with reports from names… Source link

There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant’s growth, argues Piper Sandler analyst Brent Bracelin. Microsoft growth rates are “going to bottom here either this quarter, the current quarter they reported, or the next quarter,” Bracelin said on Yahoo Finance Live (video above). “So we are close to saying the worst declines are over for these non-cloud segments like Windows and devices and advertising.” While that may provide… Source link

The app has a few tablet-specific interface changes in its latest release The arrival of Android 13 is one of the best things to happen to the operating system in a long time. It adds functional beauty to the Material You design guidelines Google introduced with its predecessor, Android 12. Those guidelines have themselves evolved since their introduction, leaving a few first-party Google apps playing catch-up. The latest to try on a new look is Google News, as… Source link

Photo: Sean Gallup (Getty Images) In 1982, the Department of Justice wrapped up a 13-year antitrust case against IBM. The DOJ lost, but so did IBM. The tech landscape changed, and IBM was distracted and had to move slowly under the increased scrutiny. Microsoft and Apple swooped in and knocked IBM off its perch. 20 years later, the same thing happened to Microsoft. The DOJ launched an antitrust investigation, and ultimately Microsoft wasn’t broken up. But Apple, Google, and social media… Source link