After Appian (APPN) announced its earnings for the third quarter, shares of the cloud computing company sank by more than 20% — the third-quarter EPS of 43 cents is below the 23 cents predicted by an analyst consensus while Appian also narrowed its FY22 guidance to $461M-$466M from $466M-$470M. Loss per share is also now predicted…
Henrik Fisker remembers exactly where he was when he learned that Tesla (TSLA) CEO Elon Musk had finally acquired Twitter (TWTR) . Fisker, founder, chairman and CEO of Fisker (FSR) , recalled that day in social media history during a Nov. 2 interview following release of the electric vehicle maker’s third-quarter results. “I was sitting on…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Facebook parent Meta overtook the dubious honor as the biggest loser on the S&P 500 this week as the Silicon Valley giant bleeds money to fund its CEO Mark Zuckerberg’s metaverse vision and underscores big tech’s 2022 downfall. It’s been a rough year for Zuckerberg and…
Mark Cuban is sad. And the reason for this sadness can be found in something that may come back into fashion with the hardening of the economic slowdown looming. It’s about philanthropy. The covid-19 pandemic has contributed to the widening of socio-economic inequalities. The gap between the haves and have-nots has grown enormously during the…
Ford (F) says it and repeats it. Its main rival is Tesla (TSLA) . The legacy carmaker, which is on a major offensive in the electric vehicle market, is determined to compete head-on with the sector leader in terms of profitability, market value, production and sales. The brand with the blue oval intends to battle…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk tweeted a link Sunday to an unfounded conspiracy theory about the attack on House Speaker Nancy Pelosi’s husband, before eventually deleting his tweet hours later, just three days after the billionaire Tesla CEO acquired Twitter and pledged to make changes to how it handles content moderation.…
Share to FacebookShare to TwitterShare to LinkedinParag Agrawal is leaving Twitter with a payout that could be as high as $57.4 million (Photo by Kevin Dietsch/Getty Images) Getty Images When Elon Musk completed his $44 billion takeover of Twitter on Thursday evening, he immediately cleaned house. Among the high profile axes was chief executive Parag…
Mark Cuban is a very busy man these days. The NBA season has just started. The owner of the Dallas Mavericks, like other owners, has big ambitions for this season, after his franchise lost last May to the eventual champion, the Golden State Warriors. Cuban is currently also in the 14th season of the hit TV…
Share to FacebookShare to TwitterShare to LinkedinAmazon founder Jeff Bezos and philanthropist MacKenzie Scott got divorced in 2019. Samir Hussein/Getty Images; Javier Rojas/Newscom Amazon founder Jeff Bezos accepted an unusual award earlier this month. During an interfaith summit on religion and philanthropy at the Vatican, Bezos and chef Jose Andres became the first-ever recipients of…
Last June, the U.S. Department of Transportation announced that as part of its efforts to improve road safety while still emboldening innovation, the National Highway Traffic Safety Administration (NHTSA) had released its initial round of data regarding car crashes involving vehicles with automated driving systems. It turned out that one extremely popular electric vehicle with…