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Microsoft Tops the List of Best-Managed Companies of 2023

Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. FOLLOW US ON GOOGLE NEWS Read original

The New Way to Keep Older Workers From Quitting: Grandternity Leave

Whether two days or two weeks, mid- and late-career employees say they appreciate time off tailored to their age and stage of life. Whether two days or two weeks, mid- and late-career employees say they appreciate time off tailored to their age and stage of life. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

ROKU, CSCO, TWLO and more

In this photo illustration, a hand holding a TV remote control points to a screen that displays the Roku logo.Rafael Henrique | Lightrocket | Getty ImagesCheck out the companies making headlines after hours.Roku — Shares spiked roughly 12% after Roku beat on the top and bottom lines in its latest quarter. The streaming device company reported a loss of $1.70 per share, better than the forecasted $1.73 per share from analysts polled by Refinitiv. Roku posted $867 million in revenue, greater than the consensus estimate of…

It’s the New Saying Among Tech CEOs: I Apologize

Tech leaders who spent years eagerly adding to their staffs are now lining up to deliver a different message: Sorry, we grew too fast. Mark Zuckerberg on Wednesday joined the ranks of tech executives offering a mea culpa, when the chief executive of Facebook parent Meta Platforms Inc. said the company would cut 11,000 workers, or 13% of its staff. Mr. Zuckerberg told employees that he had believed the sharp shift online after the onset of Covid-19 would be…

How the Chips Act Could Benefit Tech Stocks and Investors

This has been a rough year for tech stocks—but there could be reason to hope for long-term growth.Market volatility, supply-chain issues and rising inflation have all contributed to the selloff. Morningstar research also suggests that big tech companies could see a significant hit to third-quarter earnings as a strong dollar eats into profits from abroad. Many exchange-traded funds that focus on tech-stock themes have had an equally rough go. The two largest semiconductor ETFs, iShares Semiconductor…

Cisco (CSCO) earnings Q4 2022

Cisco issued fiscal fourth-quarter results on Wednesday that topped analysts' projections and provided a better-than-expected forecast for the coming year. The stock rose about 4.5% in extended trading.Here's how the company did:Earnings: 83 cents per share, adjusted, vs. 82 cents per share as expected by analysts, according to Refinitiv.Revenue: $13.10 billion, vs. $12.79 billion as expected by analysts, according to Refinitiv.Revenue declined slightly in the quarter, which ended July 30, according to a statement. Net…

WeWork Joins Rush of Tech Companies Into Office Software as Its Shares Sag

WeWork Inc. is hoping to boost its drooping share price by joining the growing number of technology companies selling apps, data tools and other software to landlords and office tenants trying to adjust to the new world of hybrid workplaces.Nine months after going public, the shared-workplace operator in July officially launched a service named WeWork Workplace, which includes the software tools that WeWork has been using to power its scores of locations. For the first time, WeWork is now…

Cisco (CSCO) earnings Q3 2022

Cisco shares plunged by as much as 17% in extended trading on Wednesday after the networking company said it generated lower quarterly revenue than analysts predicted and called for an unexpected sales decline in the current period.Here's how the company did:Earnings: 87 cents per share, adjusted, vs. 86 cents per share as expected by analysts, according to Refinitiv.Revenue: $12.84 billion, vs. $13.34 billion as expected by analysts, according to Refinitiv.Cisco's revenue was roughly flat year over year in the quarter,…