Twitter whistleblower testifies of serious security flaws to Senate

Peiter “Mudge” Zatko, former head of security at Twitter, testifies before the Senate Judiciary Committee on data security at Twitter, on Capitol Hill, September 13, 2022 in Washington, DC.  Kevin Dietsch | Getty Images Twitter’s former security chief Peiter “Mudge” Zatko testified to a Senate panel on Tuesday that his former employer prioritized profits over … Read more

AppLovin abandons effort to buy Unity after $20 billion bid rejected

AppLovin logo is seen at the company’s booth one day before the China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 1, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Game developer AppLovin said it’s giving up on its effort to buy Unity. After Unity … Read more

Cybersecurity stocks are beating the market in a volatile economy

CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Economic concerns were a major theme across the technology industry during second-quarter earnings season, as companies cautioned about slower spending on ads, gadgets, e-commerce and software. But with interest rates rising and inflation stuck near a 40-year high, one part of the tech sector … Read more

What outperforming mutual funds are buying and selling

Mutual funds, large pools of cash run by professional investment managers, seem to be having their best year in more than a decade, an analysis by Goldman Sachs showed. “A greater share of mutual funds has outperformed their benchmarks in 2022 than in any year since 2009,” Goldman’s analysts, led by Cormac Conners, said in … Read more

Trump’s Truth Social barred from Google Play store over content moderation concerns

Donald Trump’s social media app “Truth Social” in Apple’s App Store on an iPhone 12. Christoph Dernbach | Picture Alliance | Getty Images Truth Social, the would-be Twitter competitor created by Trump Media and Technology Group, remains unavailable on the Google Play store. According to a report from Axios, Google said the app lacks effective … Read more

Google employees frustrated after office Covid outbreaks

Josh Edelson | AFP | Getty Images Google employees are receiving regular notifications from management of Covid-19 infections, causing some to question the company’s return-to-office mandates. The employees, who spoke with CNBC on the condition of anonymity, said since they have been asked to return to offices, infections notifications pop up in their email inboxes … Read more

My friend unlocked my phone

The other night I was showing my new Google Pixel 6a smartphone to my friend Pavlo. The phone was locked when I handed it to him. Then, suddenly, he was staring at my home screen. He had placed his finger on the part of the display where the phone scans for fingerprints, and the phone … Read more

Figma growing inside Microsoft, testing longtime deal with Adobe

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even … Read more

What stock buybacks are, and how a new 1% tax affects your portfolio

U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on corporate stock buybacks — a late addition to President Joe Biden’s sweeping tax, health and climate package — adds a … Read more

Alphabet misses on earnings and revenue for second quarter

Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Alphabet reported weaker-than-expected earnings and revenue for the second quarter. The stock rose about 2% in extended trading. Here’s how the company did: Earnings per share … Read more