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Snap’s (SNAP) gotten another downgrade, this time from Andrew Boone, analyst at Citizens-owned JMP Securities, from Market Outperform to Hold. In December, Jefferies downgraded Snap from a Buy to Hold, saying that the company’s revenue expectations were “too optimistic.” To be sure, Snap’s struggling at a moment in which all tech giants are stumbling, but even in that context Snap’s challenges are singular – the company’s shares have declined about 73% over the last 12 months, as it battles… Source link

The biggest shortcoming so far of new state salary transparency laws is preposterously wide pay ranges, often covering more than a six-figure span. For instance, the base pay range for a database engineer at Apple in Cupertino, Calif, is listed between $130,000 and $242,000. At Tesla, a business analyst position in Palo Alto, Calif., offers $68,000 to $234,000 — a range of $166,000. Even more mind-blowing, the range for a software engineer at Netflix in Los Gatos, Calif., is typically… Source link

With an injured Devin Vassell, keep an eye out for Josh Richardson as the Spurs host the Nets on Tuesday. After a busy slate for Martin Luther King Jr. Day, the NBA will only bring four games to the table Tuesday. The Nets will be back in action, trying to win their first game since Kevin Durant (knee) went down when they take on the Spurs in San Antonio. The Clippers, who have dealt with plenty of injuries of their own this season, will host the 76ers. Let’s digest all of the games on… Source link

Enlarge / Apple introduced AirTags alongside several different kinds of accessories to enhance their flair and attach-ability. Apple Following in the footsteps of Tile, Apple, and Samsung, it sounds like Google will be the latest Big-Tech company to make a Bluetooth tracker. Android researcher Kuba Wojciechowski has spotted code for a Google first-party Bluetooth tracker codenamed—just in time for The… Source link

DAVOS, Switzerland — The economic gloom is flowing as freely as the expensive wine at this year’s World Economic Forum (WEF). But don’t put Trump’s former top economic adviser and Goldman Sachs banker Gary Cohn in the recession camp. “When I talk to people and ask them about their business, they seem to think their business is OK,” Cohn, now the vice chairman of IBM, told Yahoo Finance Live at the WEF this week (video above). “So everyone here seems to think the other person has a problem…. Source link

Google really wants to show the world that it is ready to give this whole tablet idea another serious attempt. The Pixel Tablet is around the corner and the last thing they need is to release it without anything that looks good on it. They started updating all sorts of apps to make better use of big screens over the past year in an attempt to prepare for launch, and now that focus has been put on Google Discover. A fresh update to the Google app (v14.2.7.26) spotted by 9to5Google is… Source link

(Bloomberg) — Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand. Most Read from Bloomberg The magnitude of the cuts couldn’t be learned, but the person, who asked not to be identified discussing confidential matters, said the reduction will be significantly larger than other rounds at… Source link

The Google Home app for Android and iOS has been updated with an improved mobile-based remote for compatible smart TVs and “connected streaming or media devices.” In a tweet announcing the update last week, Google said that Home App users can now “easily control playback, switch inputs, adjust the volume, and more.” The new remote feature isn’t for controlling Chromecast devices or Android TVs — both of which are already supported by the Google Home app. Instead, it links up to… Source link

Netflix (NFLX) earnings are set for release on Thursday, kicking off two-week period during which most of the market’s biggest tech companies will report their quarterly results. And according to Wedbush analyst Dan Ives, investors are focused on three big questions ahead of these results. First, a key focus will be on whether enterprise spending is holding up better than feared. Over the past decade, there’s been a rapid adoption of cloud services, with this trend accelerating during the… Source link

(Adds Insider report, background) Jan 17 (Reuters) – Microsoft Corp plans to cut about 5% of its workforce, or about 11,000 roles, U.K broadcaster Sky News reported on Tuesday, citing sources. The reported layoffs would be the latest in the U.S. technology sector, where companies including Amazon.com Inc and Meta Platforms Inc have announced retrenchment exercises in response to slowing demand. Microsoft could cut recruiting staff by as much as one-third even as many teams have initiated a… Source link