Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter. The networking equipment maker said it reducing its headcount…
Anyone who’s been on Facebook recently knows the platform is plagued by advertising and other posts from scammers and other frauds. But the massive scale of the issue is no surprise to parent company Meta,…
Arm and Qualcomm’s dispute over Qualcomm’s Snapdragon X Elite chips is continuing in court this week, with executives from each company taking the stand and attempting to downplay the accusations from the other side. If…
Last week, actor and director Ben Affleck shared his views on AI’s role in filmmaking during the 2024 CNBC Delivering Alpha investor summit, arguing that AI models will transform visual effects but won’t replace creative…
On Thursday, Apple reported an impressive 5 percent year-over-year growth with a quarterly revenue of $85.8 billion. The surprise performer this quarter was the iPad, which recorded its strongest non-holiday quarter since 2020 with more…
After a somewhat disappointing string of quarterly releases, Apple reported a 2 percent year-over-year revenue gain in the first fiscal quarter of 2024 on the back of $119.6 billion in revenue. And that’s with one…