Machine Learning Startup Was a Sham, Says SEC
On Glassdoor, one former employee described YouPlus as “a circus meets a nuthouse.” But YouPlus was even more than that...
Day: July 22, 2020
IBM Beats Q2 Estimates, Sees Cloud Growth
IBM reported a 5.4{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} decline in quarterly revenue but its stock jumped in after-hours trading Monday amid optimism that its...
EBay Sells Classifieds Ad Business for $9.2B
EBay agreed to sell its online classifieds business to Norway-based digital marketplace owner Adevinta. The deal, valued at $9.2 billion,...
EU Agrees to $857B Economic Recovery Plan
Overcoming deep divisions over some of its terms, European leaders agreed Tuesday to a historic deal to rebuild EU economies...
LinkedIn to Cut 6{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} of Global Workforce
Microsoft-owned career networking platform LinkedIn said it is cutting about 6{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} of its workforce, or 960 jobs, citing the disastrous...
Snap User Growth Rises But Misses Forecast
The owner of Snapchat reported better-than-expected quarterly results but slowing user and revenue growth appeared to weigh on investors. Snap’s...
