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Peloton users defend controversial ad

Peloton bike Source: Peloton For all the outcry about the Peloton holiday ad, some of the company’s enthusiasts are scratching their heads. Take Heather Haworth, a California-based in-house counsel for a medical device company, who posted about her thoughts on the ad earlier this week on Facebook. Haworth told CNBC …

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Microsoft Teams has ‘weak engagement’

Slack CEO Stewart Butterfield said on Wednesday that most of Slack’s top customers use parts of Microsoft’s Office 365 suite, but are choosing Slack for messaging anyway, instead of the competing Microsoft Teams app. Following Slack’s third-quarter earnings report, Butterfield told analysts that the company now has more than 50 …

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Warren Buffett’s latest attempt to put his cash to work is thwarted

Berkshire Hathaway’s cash hoard keeps growing, topping $128 billion according to the company’s latest SEC filing. Now, we finally have an idea of what Warren Buffett has been thinking of doing with some of that money. In a little-noticed announcement late Wednesday, Tech Data said that it had agreed to …

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DoorDash continues to lead in the food delivery wars

An exclusive partnership with Cheesecake Factory and deals to deliver for Chipotle Mexican Grill, Five Guys and other local restaurants made DoorDash the leader in U.S. meal delivery last month. According to data from consumer analytics firm Second Measure, DoorDash has 35% of the meal delivery market. Publicly traded rivals …

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ServiceNow’s stock jumps on cloud company’s addition to the S&P 500

Bill McDermott Anjali Sundaram | CNBC ServiceNow shares climbed 4% in extended trading on Monday after the cloud software vendor was added to the S&P 500, a move that will likely expand the company’s shareholder base to include investors in big index funds. Since its IPO in 2012, ServiceNow has …

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Microsoft, Apple and Google stock all closed at record highs

MUNICH, GERMANY – SEPTEMBER 29: Tim Cook, CEO Apple, during the Oktoberfest 2019 at Kaeferschaenke beer tent. Gisela Schober | German Select | Getty Images The broad stock market rally that’s lifted U.S. indexes to record highs has been very good to Big Tech. Microsoft, Apple and Google parent Alphabet …

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Uber’s lockup expiration may be muted because many shares are in red

Dara Khosrowshahi, chief executive officer of Uber Inc., center, rings the opening bell during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019. Michael Nagle | Bloomberg | Getty Images For Uber shareholders, Wednesday …

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How many jobs have Amazon, Google, and Apple created since 2000?

As politicians increasingly call for antitrust crackdowns on Big Tech companies, it’s worth considering some of the positive effects these companies have had as they’ve grown. The five largest tech firms in the United States — Microsoft, Apple, Amazon, Alphabet (the parent company of Google), and Facebook — have collectively …

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Twilio says it got the math wrong on its full-year earnings forecast last week

Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain Joan Cros Garcia/Corbis | Corbis News | Getty Images Cloud communications company Twilio just re-reported its full-year forecast, after the company messed up the math …

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Apple iPhone sales beat estimates but are still down versus last year

Tim Cook, chief executive officer of Apple Inc., speaks about the new iPhone 11. David Paul Morris | Bloomberg | Getty Images Apple reported iPhone revenue of $33.36 billion for its fiscal fourth quarter on Wednesday. Analysts were expecting revenue to come in at $32.42 billion. iPhone revenue for the …

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