CFOTrends

Revolut CFO Quits After Auditor’s Revenue Warnings

WebProNews - May 14, 2023

AutoRevolution

Ford’s EV Unit Is Losing Billions, Company Likens It to a Startup

WebProNews - March 23, 2023

CFOTrends

Amazon Is Taking Half of Sellers’ Revenue

WebProNews - February 28, 2023

CFOTrends

Move Over Subscription Economy, Usage-Based Billing Is Here

Matt Milano - February 27, 2023

CFOTrends

Amazon Reports First Unprofitable Year in Almost a Decade

WebProNews - February 26, 2023

Reddit’s IPO May Be on Track for the Second Half of 2023

Reddit may finally be moving forward with its IPO after laying the groundwork for nearly two years. Re...

Tesla’s Net 2022 Bitcoin Losses Totaled $140 Million

Tesla executives may be regretting the company's investment in Bitcoin, with its losses totaling a whopping $140 million in 2022....

Snap Is Cutting Google and AWS Cloud Spending

Snap is cutting back its cloud spending, reducing how much it pays both Google Cloud and AWS. Snap rel...

Intel Slashes Employee Pay Rather Than Reduce Dividend

Intel is showing where its priorities are, slashing employee pay in an effort to maintain its quarterly dividend....

Adobe’s Figma Purchase May Be In Jeopardy

Adobe's $20 billion Figma deal may be in trouble, with EU Commission weighing whether to launch an antitrust probe....

GM Investing $650 Million in Lithium Americas for Lithium Mining

General Motors is investing $650 million in Lithium Americas to help develop the Thacker Pass lithium mine in Nevada....

PayPal Is Laying Off 2,000 of Its Workforce

PayPal has announced it is laying off roughly 2,000 employees, representing approximately 7% of its staff....

Impossible Foods May Lay Off 20% of Its Workforce

Impossible Foods may be poised for a second round of layoffs, with a report putting the number at 20%....

EV Startup Arrival Appoints New CEO, Lays Off 50% of Staff

Electric vehicle startup Arrival has undergone a major shakeup, appointing a new CEO and announcing layoffs of 50% of its staff....

Salesforce Bows to Investor Pressure, Appoints New Board Members

Salesforce is bowing to investor pressure, appointing new board members shortly after activist investor Elliott Management invested in the company....

Major Banks Joining Forces to Take on Apple Card, PayPal

Major banks are reportedly joining forces in an effort to better take on Apple Card and PayPal in the digital wallet market....

Intel Loses $8 Billion Market Value in ‘Historic Collapse’

Intel's recovery hit a major speed bump Friday as the company saw $8 billion of its market value wiped away, surprising analysts....

Stripe May Go Public Within the Next Year

Stripe's IPO may be on the horizon, with the company telling employees it will decide within the next year whether to go public....

IBM Laying Off 3,900 Employees

Big Blue is joining the list of tech companies laying off employees, announcing it would cut 3,900 jobs....

Major Google Investor Wants Company to Lay Off 30,000

A major Google investor doesn't believe the company's 12,000 job cuts are enough and is calling for 30,000 instead....

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