In tech
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Meta shares sink as AI doubts rise
Shares in Meta plunged on Wednesday after the US tech giant revealed plans to increase spending on artificial intelligence (AI) technology.
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Cal Poly Humboldt Says Campus Will be Closed Through at Least the Weekend Due to Ongoing Pro-Palestine Protests
The California Faculty Association is running a “teach-in” on the Cal Poly Humboldt quad today. Photo: Ryan Burns.
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Nintendo Forcing Garry's Mod To Delete 20 Years' Worth Of Content
Garry’s Mod, a popular 2006 sandbox game that emerged from the modding scene around Valve’s Source software, has recently been issued takedown notices by Nintendo. As a result, Facepunch Studios, the developers of Garry’s Mod, are in the process of removing about 20 years’ worth of Nintendo-related content from the game. In an update to Garry’s Mod’s Steam page, the developers stated, “Some of you may have noticed that certain Nintendo related workshop items have recently been taken down. This...
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Chase Bank app is DOWN: Thousands of Americans report struggling to access online banking
Americans across the US report they can't login to Chase Bank app or website. The outage started at 1:30 p.m. EST, signing people out of their accounts
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ServiceNow (NOW) Shares Slump After Sales Growth Outlook Disappoints
ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ expectations, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.
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IBM Reports Consulting Slump, Overshadowing HashiCorp Deal
International Business Machines Corp. posted earnings that disappointed investors as the company’s consulting unit continues to see weak demand. It also announced the acquisition of software firm HashiCorp Inc.
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IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
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Students shut down Cal Poly Humboldt campus to support Gaza ceasefire, divestment from Israel
After a violent clash with campus and local police Monday night, students at California State Polytechnic University, Humboldt have taken...
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Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
A man takes a selfie in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park,...
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Meta's Q2 revenue guidance and implied deceleration will be key, says Goldman's Eric Sheridan
Goldman Sachs' Eric Sheridan joins 'Money Movers' to discuss what the overriding dynamic will be from Meta's quarterly earnings results, how Meta could further benefit from TikTok's forced sale, and more.
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Teledyne's (TDY) Q1 Earnings Lag Estimates, '24 EPS View Down
Teledyne's (TDY) first-quarter revenues miss the Zacks Consensus Estimate by 3.6%. The company lowers its 2024 earnings outlook.
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How the FTC's noncompete ban will impact health care
The Federal Trade Commission's Tuesday vote to ban noncompete agreements could be a big deal for health care professionals. Why it matters:...