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Cisco Systems Inc

Green hydrogen tech boss warns of AI energy consumption risk

by Walter Watson
Green hydrogen tech boss warns of AI energy consumption risk

Vertigo3d | E+ | Getty Images The chief technology officer of Ceres Power has warned that as artificial intelligence tools become more widely used for efficiency, there is a risk …

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SEC charges Arista co-founder Andy Bechtolsheim with insider trading

by Edgar Davis
SEC charges Arista co-founder Andy Bechtolsheim with insider trading

Andreas “Andy” von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West TV interview in San Francisco on May 2, 2013. David Paul Morris | Bloomberg | Getty …

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Laid-off techies struggle to find jobs with cuts at highest since 2001

by Walter Watson
Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, …

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Ray Dalio says the U.S. stock market ‘doesn’t look very bubbly’

by Walter Watson
Ray Dalio says the U.S. stock market ‘doesn’t look very bubbly’

Key Points Investor Ray Dalio believes the U.S. stock market is not in a speculative bubble. The founder of Bridgewate analyzed the market based on his bubble criteria. Billionaire investor Ray …

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Company to cut 900 workers from PlayStation division

by Ron Morgan
Company to cut 900 workers from PlayStation division

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of …

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Companies make 2024 the year of cost cuts

by Anas Siddiqui
Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …

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Toast will reduce workforce by 10% as growth slows

by Edgar Davis
Toast will reduce workforce by 10% as growth slows

A screen displays the company logo for Toast Inc. during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2021.  Brendan Mcdermid …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Retail sales fall more than expected in January Retail sales dropped 0.8% in January from the prior month, the U.S. government said Thursday, in a sign pointing to slowing U.S. …

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A bumpy ride to beating inflation

by Walter Watson
A bumpy ride to beating inflation

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

by Walter Watson
Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Cisco announced plans to cut 5% of its workforce on Wednesday, …

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