City San Jose, state California Financial News
07.09 / 12:03
06.09 / 14:41
01.09 / 09:43
Digital
Software
Enterprise
NVIDIA
Marvell
Broadcom
electronic
Broadcom forecasts quarterly revenue below expectations on broader demand weakness
Broadcom forecast fourth-quarter revenue slightly below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff competition in the networking chip space will outweigh benefits from a boom in artificial intelligence-led demand. Shares of the San Jose, California-based company fell 3.4% in extended trading.
25.08 / 11:19
15.08 / 05:15
14.08 / 01:09
Blockchain
Provident
Digital
PayPal
CEO
Gap
Breaking: PayPal Launches Stablecoin PYUSD
On August 7, 2023, PayPal (NASDAQ: PYPL) announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD), aimed at transforming payments in web3 and digitally native environments. The announcement was made in San Jose, California, and marks a significant step in bridging the gap between fiat and digital currencies.
11.08 / 14:55
Lowe's
Action
show
cover
Lawsuit claiming HP all-in-one printers are defective can proceed
By Jonathan Stempel
08.08 / 18:29
UPS
Amazon
CEO
Platform
Time
Zoom, which thrived on the remote work revolution, wants workers back in the office part-time
remote work is joining the growing return-to-office trend.Zoom, the video conferencing pioneer, is asking employees who live within a 50-mile radius of its offices to work onsite two days a week, a company spokesperson confirmed in an email. The statement said the company has decided that «a structured hybrid approach — meaning employees that live near an office need to be onsite two days a week to interact with their teams — is most effective for Zoom.» The new policy, which will be rolled out in August and September, was first reported by the New York Times, which said Zoom CEO Eric Yuan fielded questions from employees unhappy with the new policy during a Zoom meeting last week. Zoom, based in San Jose, California, saw explosive growth during the first year of the COVID-19 pandemic as companies scrambled to shift to remote work, and even families and friends turned to the platform for virtual gatherings.
04.08 / 05:43
UPS
Citi
Provident
Strategy
ICE
country
US expands curfews for asylum-seeking families to 13 cities as an alternative to detention
families while they wait for initial screenings after crossing the border, signaling they are comfortable with early results of what is intended as an alternative to detention. The curfews began in May in four cities and, on Friday, grow to 13 locations, U.S. Immigration and Customs Enforcement officials told advocates.
12.07 / 13:03
Provident
CEO
Southern
Prison
Elizabeth Holmes on track for early release from her 11-year prison sentence for Theranos scam
Disgraced Theranos CEO Elizabeth Holmes apparently has been behaving well enough so far during her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule, according...
08.06 / 11:47
UPS
cryptocurrency
PayPal
Bitcoin
PayPal Allows Transfer Of Bitcoin, Other Cryptos To External Wallets
PayPal said the feature will be available to select U.S. users starting on Tuesday.
29.03 / 21:59
Intuit
FTC Sues Intuit Over TurboTax Ads Offering Free Tax Filing
The Federal Trade Commission is asking a court to stop Intuit Inc. from advertising that TurboTax users can file their taxes for free, saying that in many cases people don’t qualify to file for free on TurboTax and are instead pushed to pay for services.
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