HashiCorp shares spike on report that IBM is in talks to buy company
HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021. Source: Nasdaq HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to…
Cisco debuts new AI-focused cybersecurity system after Splunk deal
The Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty Images Enterprise technology titan Cisco Systems…
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 |…
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…
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,…
Company to cut 900 workers from PlayStation division
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony Interactive Entertainment on Tuesday said…
COIN, CSCO, ARM, SMCC and more
Check out the companies making headlines in premarket trading. Twilio — Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also…
Stocks making the biggest moves midday: CSCO, TWLO, SMCI
Check out the companies making headlines in midday trading. Cisco Systems — The tech company’s shares dropped 2.4% after it posted declining fiscal second-quarter revenue. Cisco also issued a lighter-than-expected…
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…
Activists eyeing tech stocks ahead of expected M&A rebound after lull
Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after…