SAP plans job changes or buyouts for 8,000 employees in restructuring
SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg…
Alphabet ends contract with Appen, which trained Bard, Google Search
Alphabet has cut contractual ties with Appen, the artificial intelligence data firm that helped train Google’s chatbot Bard, Google Search results and other AI products. After a “strategic review process,”…
Netflix, SunPower, Adobe and more
Check out the companies making headlines in midday trading. Etsy — The online merchandise platform saw shares rebound more than 4% after a steep sell-off last week. Etsy announced last…
Adobe and Figma call off $20 billion merger
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said,…
DocuSign shares spike on report company is exploring a sale
The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg…
Twilio hires Qatalyst to advise on shareholder, activist defense
Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Cloud software developer Twilio has hired Qatalyst Partners, the investment bank founded by Frank Quattrone, to advise on its defense against a…
Adobe (ADBE) Q4 earnings report 2023
Adobe CEO Shantanu Narayen. Linda Dimyan | CNBC Adobe shares dropped more than 6% in extended trading Wednesday after the software maker posted a lighter-than-expected forecast for 2024. Here’s how…
75-year-old tech mogul betting $1 billion of his fortune on AI future
Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh Wadhwani…
UK regulators say Adobe’s Figma acquisition could harm competition
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris |…
Microsoft announces new AI features for Outlook, PowerPoint, Teams
Satya Nadella, CEO of Microsoft CNBC Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. In the…