Coinbase and Block surprise with beat earnings and revenue

Coinbase and Block surprise with beat earnings and revenue

Shares of Coinbase Inc. and Block Inc. rose in late trading after the two crypto-focused companies surprised earnings and revenue for their quarters that ended March 31. Coinbase posted a loss per share of 34 cents on revenue of $736 million. Revenue was down 33% from the same quarter last year, but up 22% from … Read more

Dell, VMware and AT&T Launch 5G-Powered Edge Computing Offering

Dell, VMware and AT&T Launch 5G-Powered Edge Computing Offering

Dell Technologies Inc. has partnered with VMware Inc. and AT&T Inc. to develop a new edge computing offering for businesses. The offer, known as AT&T MEC with Dell APEX, made its debut Today. It is a platform for what is called MEC, or multiple access edge computing. These platforms are designed to help companies process … Read more

VMware Launches Initiative to Help Partners Build Managed Services Faster

VMware Launches Initiative to Help Partners Build Managed Services Faster

VMware Inc. Launches New Initiative detailed Tuesday will allow partners to more quickly develop managed services powered by its software. “VMware Cross-Cloud Managed Services is another example of how we will empower partners to scale and grow their VMware businesses while collaborating to help customers implement an intelligent cloud strategy that accelerates their digital transformation,” … Read more

Apple fixes vulnerabilities used to target iPhones, iPads and Macs

Apple fixes vulnerabilities used to target iPhones, iPads and Macs

Apple Inc. has released patches for two unpatched exploited in the wild vulnerabilities that target Apple devices, including iPhones, iPads, and Mac computers. The first vulnerability, designated CVE-2023-28205, is described by Apple as an issue in WebKit that allowed processing of maliciously crafted web content that could lead to the execution of arbitrary code. The … Read more

Tesla staff reportedly shared videos of intimate moments and customer vehicle crashes

Tesla staff reportedly shared videos of intimate moments and customer vehicle crashes

Tesla Inc. employees allegedly shared videos taken for customers’ cars, including intimate moments and crashes, new report says from Reuters. The report claims that between 2019 and 2022, Tesla employees shared images of vehicles on internal messaging systems. Tesla vehicles have multiple cameras that are used by the self-driving feature, with the footage also saved … Read more

Technology consultancy Accenture announces 19,000 layoffs

Technology consultancy Accenture announces 19,000 layoffs

Technology Consulting Giant Accenture Plc. said today that it plans to cut 19,000 jobs, or around 2.5% of its workforce, over the next 18 months. It will be the largest round of layoffs to date in a consulting industry battling strong economic headwinds. Accenture said in a file it will incur approximately $1.2 billion in … Read more