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Twitter sued by employees after mass layoffs begin

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Dado Ruvic | Reuters Twitter was sued by former employees who say they were not given enough notice under federal and California law that they had lost their …

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Kickstarter backed Peloton, Oculus, but next? A new CEO has some ideas

Everette Taylor, Kickstarter CEO and former top executive at online art marketplace Artsy, attends the Destinee Ross-Sutton x FREVO x Khari Turner exhibition on September 8, 2021 at Frevo in New York City. Patrick Mcmullan | Patrick Mcmullan | Getty Images In this weekly series, CNBC takes a look at …

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Facebook owner Meta worst performer in the S&P 500 this year

A man poses in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, October 28, 2021. Carlos Barria | Reuters With Meta shares sinking to new lows, the social media giant is now the worst performer …

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CNBC cancels ‘The News with Shepard Smith’ after two years

The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market coverage. The network announced the news Thursday in an e-mail to CNBC employees. Smith will be leaving the network later this …

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Qualcomm shares fall on weak first-quarter outlook

Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York, April 28, 2022. Brendan McDermid | Reuters Shares of chipmaker Qualcomm fell more than 8% Thursday, a day after the company reported weak …

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Ukraine government seeking alternatives to Elon Musk’s Starlink

Ukrainian Vice Prime Minister Mykhailo Fedorov speaks at a Nov. 3 press conference at the 2022 Web Summit event. Horacio Villalobos | Getty Images The Ukrainian government is looking for alternatives to Starlink, the satellite internet arm of Elon Musk’s SpaceX, Vice Prime Minister Mykhailo Fedorov said Thursday. Musk’s continued …

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Gates-backed C16 Biosciences uses yeast to create palm oil substitute

Shara Ticku and David Heller, co-founders of C16 Biosciences. Photo courtesy C16 Biosciences. In July 2013, Shara Ticku traveled to Singapore on a work trip for Goldman Sachs. The investment bank made her bring N95 masks to protect her from the terrible air quality at the time. “I land in …

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Gmail has a cool new feature that shows when a package is arriving

Package delivery Urbazon | E+ | Getty Images Google recently announced a new feature in Gmail that lets you easily track packages for things you’ve ordered. And you don’t even have to open the email to see when the package will arrive. It should add some convenience ahead of the …

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Etsy earnings Q3 2022

Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares surged as much as 10% in extended trading Wednesday after the online marketplace’s third-quarter revenue and earnings outperformed expectations. The company also posted upbeat guidance for the current period. Here’s how the company did: Earnings: 58 cents per share, …

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Ark’s Cathie Wood bets Elon Musk will turn Twitter into a ‘super app’

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images LISBON, Portugal — Ark Invest founder Cathie Wood thinks Elon Musk might be onto …

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