Tag: Corporate/Industrial News

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Snowflake stock drops after sales forecast that CFO admits is ‘conservative’

Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their fourth-quarter sales outlook. Revenue increased to $557 million from $334 million in the third quarter, whereas analysts were modeling $540 million. Snowflake SNOW, +4.64% reported $523 […]

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TikTok CEO offers reassurances over data privacy

TikTok Chief Executive Shou Chew said the video-sharing platform is taking greater steps to keep user data secure and that it needs to invest more in protecting young people from getting exposed to harmful content. “We have very rigorous data-access protocols,” he said at the New York Times’s Dealbook Summit in New York on Wednesday, adding that […]

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Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this lucrative benefit to their workers

Americans trying to save some cash for unforeseen expenses are up against a lot — months of red-hot inflation, wages that don’t keep up, the sheer difficulty of delayed gratification in a time when people spend billions of dollars online in one day. It’s hard to put money aside for a rainy day. Indeed, personal-finance […]

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29.1% of employees are still working from home

Elon Musk has made it clear that he wants Twitter employees back in the office. And other prominent companies are pushing to end or modify the work-from-home policies that became a defining aspect of pandemic life, according to a recent Wall Street Journal report.  But the reality is that many workers are still going about […]