Sign up for more Insider newsletters here. Facebook blows past estimates, but warns growth will ‘decelerate’ in second half of year. Here's what you need to know about the company that repairs your Macbook.Ĭompiled by Jordan Erb. Facebook shares fell as much as 5 in extended trading on Wednesday after the social-media company called for revenue growth to slow in the quarters ahead, even as second-quarter results came in ahead of estimates. Your Apple laptop is probably repaired at a facility that workers say is a "sweatshop." Apple contracts out many of its laptop repairs to CSAT Solutions, a company where low-wage workers say they toil in oppressive heat, and have reported waiting in long lines to use toilets smeared with feces. Take a look at the exiting power players.ġ0. By Elizabeth Culliford and Nivedita Balu (Reuters) -Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to 'decelerate significantly,' sending the social media giant's shares down about 5 in extended trading. Those who left the cloud giant this year include executives in business apps, databases, and IT services - but four new power players have joined in the past few months. Facebook Warns of Revenue Plummeting in H2 Despite Significant Growth in Q2 Published July 29th, 2021 - 08:30 GMT The number of Facebook users rose in the second quarter, with daily active. ![]() Eleven important execs left Amazon Web Services in 2021. Learn more about the small biotech company.ĩ. Synchron has beat Musk's Neuralink to human trials of the chip, which could serve as a possible aid for paralyzed people. A 20-person firm just beat Elon Musk in getting the OK to test brain-chip implants in humans. Meanwhile, the total cost for 10 other tech execs was $23.3 million. Last year, Facebook spent more than $23.4 million for personal security for Zuckerberg and his family. Mark Zuckerberg's security costs more than the combined price of keeping 10 other top execs safe. Take a look at some of the rules they're expected to follow.ħ. The Boring Company gives drivers a script of what they can - and can't - say to passengers, TechCrunch reports. Editor’s notice: The next is the transcript of an stay interview with business leaders and consultants from throughout the nation at IRE 2023. Tesla drivers in Elon Musk's tunnel taxis are told not to talk about him during rides. Facebook warns its growth is about to "decelerate significantly." The company predicted growing pains in the coming months following a pandemic-driven boom that landed it expectation-shattering second-quarter earnings. From the deal the company offered to investors who saved it from the meme-stock debacle, to the legal and regulatory risks it still faces, here's a rundown of what you should know ahead of its much-anticipated trading debut.ĥ. Trading app Robinhood is scheduled to start trading today. Get the details on the sport (and see a photo of Zuck hydrofoiling while carrying a US flag).Ĥ. By Elizabeth Culliford and Nivedita Balu (Reuters) -Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to decelerate significantly, sending the social media giant’s shares down about 5 in extended trading. ![]() The sport - think of it as a mix of surfing and hoverboarding - has stolen the hearts of Big Tech bosses, including Mark Zuckerberg and Larry Page. Silicon Valley elites have picked up a new hobby: hydrofoiling.
0 Comments
Leave a Reply. |