Restaurant-Software Firm Toast to Cut 550 Workers
Toast Inc., a restaurant-focused software company, will cut about 550 employees, adding to the spate of technology industry workforce reductions since the…
Source: biztoc.com
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Bezos Unloads Another $2 Billion of Amazon Stock in Latest Sale
Jeff Bezos has unloaded another 12 million shares of Amazon.com Inc. valued at $2 billion, bringing the total sold in the past week to more than $6 billion. •…
Source: biztoc.com
DoorDash Beats Estimates But Shares Fall After Big Run-Up
DoorDash Inc. beat analysts’ estimates for delivery orders in the fourth quarter, as an expansion into new categories is luring a record number of monthly…
Source: biztoc.com
Rakuten Shares Jump by Up to 16% After Mobile Unit Cuts Losses
Rakuten Group Inc. gained the most in almost three years after losses narrowed in its mobile operations on a rise in subscribers and telecommunication…
Source: biztoc.com
China Chip Stocks Look Like Long-Term Winners to Wall Street
While many on Wall Street are going to great lengths to avoid Chinese stocks, some analysts are telling clients to consider local chip companies. The caveat:…
Source: biztoc.com