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Cisco Systems Inc

Green hydrogen tech boss warns of AI energy consumption risk

by Adrian Jhonsan
Green hydrogen tech boss warns of AI energy consumption risk

Vertigo3d | E+ | Getty Images The chief technology officer of Ceres Power has warned that as artificial intelligence tools become more widely used for efficiency, there is a risk …

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Categories World

SEC charges Arista co-founder Andy Bechtolsheim with insider trading

by Ev Richard
SEC charges Arista co-founder Andy Bechtolsheim with insider trading

Andreas “Andy” Von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West television interview in San Francisco, California, U.S., on Thursday, May 2, 2013. David Paul Morris | …

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Categories Technology

Ericsson will cut 1,200 jobs in Sweden

by Ev Richard
Ericsson will cut 1,200 jobs in Sweden

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Ericsson announced on Monday that it will lay off about …

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Categories Technology

Laid-off techies struggle to find jobs with cuts at highest since 2001

by Ev Richard
Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, …

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Categories Technology

Companies make 2024 the year of cost cuts

by Adesola Mojo
Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …

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Categories Automobile

Toast will reduce workforce by 10% as growth slows

by Ev Richard
Toast will reduce workforce by 10% as growth slows

A screen displays the company logo for Toast Inc. during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2021.  Brendan Mcdermid …

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Categories Technology

Inflation fight may go down bumpy path

by Adrian Jhonsan
Inflation fight may go down bumpy path

A view of grocery store in Washington DC, United States on February 14, 2024.  Mostafa Bassim | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our …

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Categories World

A bumpy ride to beating inflation

by Adrian Jhonsan
A bumpy ride to beating inflation

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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Categories World

Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

by Adrian Jhonsan
Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Cisco announced plans to cut 5% of its workforce on Wednesday, …

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Categories World

Earnings from Shopify, Marriott and Wendy’s

by Adrian Jhonsan
Earnings from Shopify, Marriott and Wendy’s

CNBC’s Jim Cramer on Friday prepared investors for next week on Wall Street, saying investors should pay attention as earnings season continues, with reports from companies including Shopify, Marriott and …

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Categories World
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