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NASA overspent $15 million on unused Oracle licenses amidst audit fear
The U.S. National Aeronautics and Space Administration (NASA) invested a whopping $15 million on Oracle software over the last five years, per an audit...
Logitech records low sales and drop in stock
Logitech’s stock dropped after the mouse and keyboard manufacturer missed earnings estimates for the most recent quarter and reduced its sales forecast.
When compared to...
Microsoft stocks drop after UBS downgrade
Microsoft’s stocks have underperformed in comparison with its big tech peers on U.S. exchanges, with its shares falling 5.3% after UBS analysts declared that...
Apple shares drop following Foxconn crisis
Apple shares fell about 2.6% on Monday, making it one of the Nasdaq 100 index's biggest percentage losers, weighing on the broader market as...
BlocFi files for bankruptcy
BlockFi appears to be collapsing, just like crypto itself, as it has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court...
U.S. tech IPO market faces slowdown
According to Refinitiv data, the IPO market for U.S. technology companies was the worst since the 2008 financial crisis, owing to a variety of...
Big Banks Face US$1bn Fine For Using Unauthorized Messaging Tools
Big banks face fines of more than US$1 billion for using unapproved messaging tools such as email and apps such as WhatsApp.
The list of...
Social Media Stocks Decline As Advertisers Tighten Spending
Advertisers are cutting spending forecast for this year, which is having a negative impact on social media companies as their shares continue to fall.
At...