computer services
TikTok Gets Tougher in Performance Reviews, and Employees Are Spooked
Oct. 29, 2023 11:36 am ET SINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed …
DXC Technology Co. stock rises Thursday, outperforms market
Shares of DXC Technology Co. DXC, +0.83% inched 0.83% higher to $31.46 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.42% rising 0.42% to 4,097.17 and the Dow Jones Industrial Average DJIA, +0.17% rising 0.17% to 33,503.57. The stock’s rise snapped a …
Amazon’s Chief Technology Officer Shares His Predictions for 2021
Werner Vogels, Amazon.com Inc.’s chief technology officer, predicts 2021 will see a much broader distribution of the technologies that have been powering big corporations. The shift, which includes connecting more devices to the cloud, and better access to machine learning, builds on recent advances in software and silicon as well as the acceleration of digital …
Tech IPO Bonanza Yields Riches for Venture-Capital Firms
More than $157 billion has been raised as of Thursday, according to data provider Dealogic—over a third of that in the past 11 weeks—and the number of listings is the largest since the final hurrah of the dot-com boom in 2000. The soaring public offerings are showering returns on some of the biggest names in …
Twitter, TikTok Have Held Preliminary Talks About Possible Combination
Twitter Inc. has had preliminary talks about a potential combination with TikTok, the popular video-sharing app that the Trump administration has declared a national-security threat due to its Chinese ownership, according to people familiar with the matter. It is unclear whether Twitter will pursue a deal with TikTok, which would face significant challenges. A deal …
IBM Doubles Down on Cloud Bet With New Leadership Team
In his 30 years at International Business Machines Corp., IBM 4.56% incoming Chief Executive Arvind Krishna has witnessed what works in corporate turnarounds and, more recently, what doesn’t. Mr. Krishna, 57 years old, is only the 10th chief executive in IBM’s 108-year history. He takes over a company that has been in transition for almost …
