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Marc Benioff, CEO of Salesforce, announced on Monday that even after the pandemic is over, his company plans to keep at least half of its employees working from home. Before COVID-19 began making its way around the U.S., around 20 percent of Salesforce’s employees worked from home. Many businesses started...
This coming summer, Apple reportedly plans to launch a MacBook Pro laptop version that has been redesigned to include an update of the company’s in-house processor. New models of Apple’s Mac Pro desktop, MacBook Air, and MacBook Pro desktop will follow the launching during the latter part of 2021. The...
Just a little less than three years ago, AT&T acquired Discovery to develop its media company. Now the telecommunications giant has agreed with WarnerMedia to merge with Discovery in a $43 billion deal.  AT&T acquired Time Warner three years ago in a $108.7 billion acquisition where it also nabbed other...
Twitter shares plummeted on Thursday after it fell short of analyst expectations and the company received low guidance. However, its revenue for the latest quarter was 28 percent higher than one year ago. Revenue for the quarter was $1.04 billion compared to last year’s $808 million. But,...
Barcelona-based travel startup, TravelPerk, has announced that it’s raised $160 million during a funding round by Greyhound Capital. The travel management firm has headquarters in London, Berlin, Barcelona, and Chicago. The new cash is coming from venture capitalists who are looking to an international...
The U.S. Army has awarded Microsoft with a contract to build and deliver more than 120,000 augmented reality devices over the next 10 years. The new deal could be worth up to $21.88 billion and follows another deal from a year and a half ago when Microsoft...
Shares of ViacomCBS have fallen by more than 30 percent over the past few days. On Wednesday, the entertainment company’s stock closed 23 percent lower as analysts from Bank of America weighed concerns that Viacom may not have the ability to execute streaming. Doubts were also cast...
Apple is said to be getting closer to a deal with Hyundai-Kia to produce the so-called Apple Car. The automobile would have the Apple branding, and it would be a fully autonomous electric vehicle. According to unnamed sources, a Kia manufacturing plant in Georgia would assemble the...
Advanced Micro Devices (AMD) has agreed to a $35 billion deal with Xilinx. The all-stock transaction will give AMD an edge over Intel for the the data center chip market share. Intel has experienced internal manufacturing deficits, and AMD has been Intel’s chief competitor for CPUs, or...
On Thursday, one of the top subscription screaming services raised its prices. Netflix, headquartered in Los Gatos, California, will be raising premiums on its standard and premium level plans. The standard plan will now cost Netflix consumers $13.99 per month, an increase of $1 a month, while...