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Lora Kolodny / CNBC:
IBM has agreed to acquire Red Hat in a deal valued at $34B, a 60%+ premium over Friday's closing price; Red Hat will become part of IBM's Hybrid Cloud division   —  IBM is acquiring Red Hat, a major distributor of open-source software and technology, in a deal valued around $34 billion, the companies announced on Sunday.
Oct 28, 2018, 3:01 PMIn context
Jillian D'Onfro / CNBC:
Alphabet reports Q3 Google ad business revenue of $28.95B, “other” revenues, like cloud and hardware, of $4.64B, and traffic acquisition costs of $6.58B   —  Google-parent company Alphabet just reported its third quarter earnings.  The company beat earnings expectations but missed revenue expectations.
Oct 25, 2018, 5:00 PMIn context
Jordan Novet / CNBC:
Oct 25, 2018, 4:50 PMIn context
Jordan Novet / CNBC:
Intel reports Q3 revenues of $19.2B, up 19% YoY, and net income of $6.4B, up 42% YoY, beating analyst estimates on strong PC and data center chip demand   —  Intel Intel stock rose 4 percent Thursday after the company reported better-than-expected third-quarter earnings.
Oct 25, 2018, 4:45 PMIn context
Sara Salinas / CNBC:
Snap reports Q3 revenue of $298M, vs. $283M estimated, up 43% YoY, and DAUs of 186M, vs. 186.1M estimated, up 5% YoY but down 1% QoQ; stock down 15 %+   —  - Wall Street was keeping a close eye on active user numbers for Snap's namesake photo-sharing app, Snapchat, as global social media use plateaus.
Oct 25, 2018, 4:35 PMIn context
CNBC:
In email to employees, Sundar Pichai says Google fired 48 people, including 13 senior managers, over last 2 years for sexual harassment; none had exit packages   —  - Google CEO Sundar Pichai sent an email to employees in response to a report in The New York Times about sexual misconduct at the company.
Oct 25, 2018, 4:00 PMIn context
Michelle Castillo / CNBC:
Twitter beats estimates with Q3 revenue of $758M, up 29% YoY, but monthly usage drops to 326M MAUs, down 9M since Q2   —  - Estimated monthly active users (MAUs): 326 million vs. 330.1 million, according to FactSet and StreetAccountnt  —  Twitter shares was up as high as 15 percent …
Oct 25, 2018, 7:20 AMIn context
Ellen Sheng / CNBC:
How tech giants are increasingly using contract workers instead of direct staff, as Google's contract workers outnumbered direct employees for the first time   —  - This year at Google, contract workers outnumbered direct employees for the first time in the company's 20-year history.
Oct 25, 2018, 12:40 AMIn context
Christina Farr / CNBC:
Sources: Udi Manber, who ran engineering for Google's core search products before leaving in 2015, is joining health insurance giant Anthem as its head of AI   —  - The move signals that Anthem is making investments in both its core technology and customer experience.
Oct 24, 2018, 9:05 PMIn context
Michelle Castillo / CNBC:
Responding to Tim Cook's privacy speech, ex-Facebook CSO Alex Stamos calls out Apple's anti-privacy moves in China and tech media for ignoring them in coverage   —  - Former Facebook chief security officer Alex Stamos said on Twitter Apple needs to “come clean” about how it blocks ways …
Oct 24, 2018, 7:40 PMIn context

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