Neowin News Feed for: Investor

Chinese groups caution investors not to be blinded by ChatGPT hype

Usama Jawad — Mon, 13 Feb 2023 10:24:01 +0000

Multiple analysts, news outlets, and tech executives have been warning investors in China not to blindly invest money into AI companies just because of the recent hype generated by ChatGPT. Read more...

Google likely to lay off 10,000 ‘poor performing' employees

Hemant Saxena — Wed, 23 Nov 2022 07:30:01 +0000

A letter from a UK investor claims Google's current headcount is “excessive” as compared to hiring patterns in the past. As such, the company may lay off its low-performing employees to reduce costs. Read more...

Long term Meta shareholder wants company to cut workforce by a fifth and become focused

Paul Hill — Mon, 24 Oct 2022 17:50:01 +0000

Altimeter Capital, a long time investor of Meta, has suggested that the social media firm cut a fifth of its workforce and limit spending on the metaverse to increase its free cash flow. Read more...

Investor sues Cyberpunk 2077 maker over false claims

Paul Hill — Fri, 25 Dec 2020 03:26:01 +0000

A Cyberpunk 2077 investor has filed a lawsuit against CD Projekt to pay damages because he believes the firm got people to invest in the project based on false and misleading statements. Read more...

Early tech investor Tim Draper says bitcoin will hit $250,000 by 2022

Paul Hill — Mon, 23 Apr 2018 18:32:01 +0000

Bitcoin will be priced at $250,000 come 2022 according to Tim Draper, someone who has invested in the likes of Tesla, Skype, and Hotmail. Noteworthy is the fact that he holds 30,000 bitcoins. Read more...

Apple avoids $9.2 billion in tax with debt buyout

Max Slater-Robins — Fri, 03 May 2013 17:50:27 +0000

Apple have avoided paying almost $10 billion in tax due to a stock buyback deal which was paid for with 'debt' rather than cash in hand, according to a new report published today. Read more...

Apple gets hit with another investor lawsuit

Max Slater-Robins — Wed, 13 Feb 2013 21:29:04 +0000

Following in David Einhorn's wake, another investor sues Apple in a bid to get them to release some of their $127 billion cash hoard and be more transparent about their executive pay. Read more...

Appeals court backs Apple in investor suit

Fri, 08 Apr 2005 21:02:16 +0000

A federal appeals court this week upheld a lower court decision that Apple Computer investors cannot sue the company over the fact that the Power Mac G4 Cube and other products didn't live up to... Read more...

Eidos seeks to unmask mystery investor

Mon, 26 Apr 2004 22:23:15 +0000

Tomb Raider publisher wants to know who has amassed 5 percent of its stock. Eidos, publishers of the Tomb Raider, Hitman, and Deus Ex franchises, wants to unmask the mystery person who... Read more...

Transmeta Finds A Buyer And Investor In NEC

Sun, 28 Mar 2004 01:41:24 +0000

Microprocessor company Transmeta Corp. says NEC Electronics has become the first company to license Transmeta technology for reducing the "leakage" of electrical current in computer chips. In addition, the companies say Japanese chipmaker NEC took... Read more...