Microsoft expects personal computing to miss Target, citing the coronavirus

Microsoft Corp. warned that disruptions in the supply chain due to the coronavirus outbreak would affect sales this quarter, the second most important technology company after Apple Inc., to reduce expectations due to the public health crisis in China. Microsoft said Wednesday that sales of the personal computing business are not expected to reach the […]

Google Plots course to beat rivals in the cloud

Google’s decision to cut jobs in its cloud computing division is the latest move in a one-year effort by Thomas Kurian to shake the unit and focus more on delivering growth to Alphabet Inc. parent Kurian, after joining Oracle Corp. in November 2018, imposed strict deadlines for the project, criticizing some workers who used to […]

Within the future of Berkshire Hathaway without Warren Buffett

When Warren Buffett turns 90 in August, it would be natural for Berkshire Hathaway shareholders to celebrate their success and worry about the future of the extraordinary company he built. In his 55 years at the helm as CEO, president and chief investment officer, Buffett turned a troubled textile manufacturer into a conglomerate of $ […]

LinkedIn CEO Jeff Weiner will resign in June

The executive director of the LinkedIn professional networking site of Microsoft Corp., Jeff Weiner, will resign in June as the software giant also restructures other elements of its operation. Weiner will become CEO of LinkedIn, he said in a post on the professional networking platform on Wednesday. He has been CEO for just over 11 […]

How today’s technology career differs from the Dot-Com bubble

Only five shares represent almost a fifth of the total market capitalization of the S&P 500, the highest share since the dotcom bubble peaked at the end of the century. Are there worrying parallels between the rise of Facebook Inc., full board 0.95% Apple Inc., AAPL -0.57% Inc., AMZN 0.46% Microsoft Corp. MSFT 2.38% […]

Amazon joins, then leaves, the $ 1 Trillion Club Inc. AMZN 7.38% Shares rose 7.4% on Friday, reflecting the company’s transformation from a famous new company with no interest in profits to a giant that generates abundant cash, but fell 8 cents before the end of the day with a market valuation of billions of dollars. The Seattle company spent much of Friday […]

IBM Ginni Rometty retires as CEO

International business machines Corp. IBM -0.67% the executive president said Ginni Rometty He is quitting after a challenging eight-year career at the top of the iconic technology company, while struggling to generate growth at a time when the fortunes of other tech giants flourished. Ms. Rometty, 62, will formally resign on April 6. Will happen […]

Ginni Rometty resigns as CEO of IBM

IBM CEO, Ginni Rometty, in September 2019. Photo: Friedemann Vogel / Shutterstock Updated on January 30, 2020 4:53 pm ET BREAKING NEWS…. International Business Machines Corp. IBM -0.67% CEO Ginni Rometty He retires from that position, retiring after almost 40 years with the company. She will be succeeded by Arvind Krishna Mrs. Rometty will continue […]

Technological gains will test the rebound in growth actions

Growth actions are on track to close the month as one of the best performing groups in the market. The publicly traded Renaissance IPO fund, which tracks the actions of relatively new stock market participants, such as Uber technologies Inc. and Tough Inc., He rose to a record last week. Tesla Inc. Market capitalization surpassed […]