DIRS.INFO The most relevant business & tech news

☆ Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and more
▼ + stars: | 2023-09-05 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share while analysts polled by LSEG, formerly known as Refinitiv, expected 49 cents. GitLab posted adjusted earnings of 1 cent per share on $140 million in revenue. Meanwhile, analysts polled by LSEG anticipated a loss of 3 cents per share and revenue of $130 million. Analysts polled by LSEG called for earnings of 26 cents per share and revenue of $129 million.

Persons: Zscaler, GitLab, LSEG, Asana, AeroVironment, Darla Mercado Organizations: LSEG, Revenue

☆ Insider Today: Gen Z is out on college
▼ + stars: | 2023-09-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at why college isn't part of the plan for some Gen Zers. Between skyrocketing tuition costs and underwhelming salaries, some Gen Zers are skipping college altogether, writes Charlotte Lytton. A recent survey found that 40% of business leaders think recent Gen Z college grads are unprepared when they enter the workforce. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Dan DeFrancesco, weren't, Zers, Chelsea Jia Feng, Zers aren't, Charlotte Lytton, It's, Alix Earle, NFTs, TikTok hasn't, Earle, Alix Earle's TikToks, @alixearle, Spencer Platt, Goldman Sachs, we've, David Rosenberg, Rosenberg, Kevin Dietsch, Marc Benioff, they're begrudgingly, Arantza Pena Popo, Corizon, Sen, Elizabeth Warren, James Webb, Stephen King, Holly Gibner, Rice, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Electric, Wall, Tech, University of Miami, Getty, JPMorgan, Amazon, James, James Webb Telescope, Hubble, NASA, ESA, CSA, Costco, Kirkland Locations: Wall, Silicon, NFTs, Blackstone, Bridgewater, Seoul, New York City, San Diego, London, New York

☆ Stocks stage a comeback, while two Club tech names report — and what's on tap for next week
▼ + stars: | 2023-09-02 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

All three major U.S. stock indices rebounded this past week following a lackluster August, delivering their best one-week performances since July. Here's a quick update on the past week: The August ADP employment report numbers came in lower than expected. Earnings : No Club companies report next week. Over 99% of S & P 500 companies have now reported earnings results for the second-quarter season, according to FactSet. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nonfarm payrolls, Dow Jones, Buster's, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dow Jones, Nasdaq, Federal Reserve, Labor, U.S . Labor Department, ISM Manufacturing, Broadcom, VMware, PMI, Photonics, Akoustis Tech, GameStop, Eagle Outfitters, SAIC, Brands, ABM Industries, Kroger, KR, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Asana, ASAN, New York City

☆ Portkey.ai makes it easier to build generative AI apps. Check out the 14-slide deck it used to raise $3 million from Lightspeed.
▼ + stars: | 2023-08-23 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

The San Francisco-based startup allows businesses to create generative AI apps quickly. Check out the 14-slide pitch deck used to secure the fresh funding. A startup that enables businesses to build their own generative AI apps has just raised $3 million from Lightspeed. San Francisco-based Portkey.ai — launched in January this year — aims to help companies deploy "very complex applications" on top of generative AI infrastructures, said cofounder and CEO Rohit Agarwal. The startup targets engineering teams in midmarket and enterprise companies, that are adopting generative AI, as well as generative AI startups.

Persons: Portkey.ai, —, Rohit Agarwal, Portkey, Agarwal Organizations: US, Lightspeed, Amazon Web Services Locations: San Francisco, Francisco, midmarket, Portkey

☆ Facebook cofounder slams Elon Musk, calling Tesla and SpaceX 'scams he got away with'
▼ + stars: | 2023-07-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +6 min

Dustin Moskovitz said Elon Musk's successful companies could be seen as "scams he got away with." The Facebook cofounder said Musk sucked up resources from others by overpromising with Tesla. Moskovitz pointed to Musk's promises on autonomous cars, and a report that he exaggerated Tesla ranges. Apparently Mark Zuckerberg isn't the only Facebook founder that's wary of Elon Musk. Spokespeople for Tesla, SpaceX, and Musk also did not respond to a request for comment ahead of publication.

Persons: Dustin Moskovitz, Elon Musk's, Musk, Mark Zuckerberg, that's, Elon Musk, Moskovitz, he's, overpromising, Tesla, Bruce Bennett, —, Elon, BYD, Nikola wasn't, Rivian wasn't, he'll Organizations: Facebook, SpaceX, EV, Reuters, Ford, General Motors, Toyota, Nikola, Elon, Tesla

☆ Why billionaire Dustin Moskovitz keeps buying up shares of his software company Asana
▼ + stars: | 2023-06-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Moskovitz, who is still known by many as a co-founder of Facebook, started Asana in 2008 to make work more collaborative through software. Following the purchase of 480,000 Asana shares in June, Moskovitz's ownership swelled to 111.4 million shares, representing over 51% of outstanding stock. Even after rallying 66% this year, Asana shares are more than 80% below their record high from late 2021. Moskovitz has agreed not to buy all outstanding Asana shares or even acquire ownership of 90% of the common stock. Moskovitz declined to talk about whether he was buying up shares to prevent activist investors from coming in and trying to force change.

Persons: Asana's Dustin Moskovitz, Moskovitz, Asana, It's, Cari, ChatGPT, it's, Mark Zuckerberg, Chris Hughes, Eduardo Saverin, Zuckerberg Organizations: Facebook, CNBC, Meta, Good Ventures, National Science Foundation, University of California, Harvard University, New York Stock Exchange Locations: Berkeley

☆ Stocks making the biggest moves premarket: SentinelOne, Lululemon, Dupont and more
▼ + stars: | 2023-06-02 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

SentinelOne — Shares fell more than 35% in premarket trading after cybersecurity company missed revenue expectations for the first quarter and cut its full-year revenue guidance. The company reported first-quarter revenue of $133.4 million, below the consensus estimate of $136.6 million from FactSet. It sees just $141 million in revenue for the second quarter, well below the $152.1 million consensus estimate from FactSet. ChargePoint said revenue would be between $148 million and $158 million this quarter, below the consensus estimate of $165.6 million from FactSet. Asana's revenue last period was $152.4 million,compared to the analyst consensus of $150.5 million from FactSet.

Persons: MongoDB, Lululemon, Dupont De, Corteva, Morgan Stanley, ChargePoint, PagerDuty, CNBC's Hakyung Kim, Jesse Pound, Yun Li Organizations: Dupont De Nemours —, Chemours, U.S . Water Systems, Bloomberg Locations: Canadian, U.S, China, FactSet

☆ Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more
▼ + stars: | 2023-06-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Lululemon — Lululemon's stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first-quarter earnings and lifted its full-year guidance. However, Five Below posted revenue of $726 million, compared with Wall Street's forecast of $728 million. PagerDuty reported adjusted earnings per share that beat Wall Street's estimates, but issued weaker-than-expected revenue guidance. The electric vehicle charging stock beat Wall Street's earnings expectations but shared light guidance for the current quarter that was below consensus estimates. SentinelOne — SentinelOne shares cratered 34% after the bell as the cybersecurity company cut its revenue guidance and fell short of Wall Street's revenue expectations in the most recent period.

Persons: MongoDB, Asana, Darla Mercado Organizations: Broadcom, Revenue Locations: San Diego , California, FactSet

☆ Microsoft is sprinkling OpenAI everywhere to try and keep software makers interested in its platforms
▼ + stars: | 2023-05-25 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNTMicrosoft Chairman and CEO Satya Nadella speaks to attendees at Microsoft's Build conference in Seattle on May 23, 2023. "Every layer of the software stack is going to be changed forever and no better place to start than the actual developer stack," Microsoft CEO Satya Nadella said during his Build keynote address on Tuesday. It's crucial for third-party developers to enrich Microsoft's own software properties, such as the Microsoft 365 productivity software bundle. Greg Brockman, OpenAI president and co-founder, and Kevin Scott, Microsoft chief technology officer, speak onstage at Microsoft's Build conference in Seattle on May 23, 2023. WATCH: Microsoft Build 2023 unveils plugins and products that incorporate A.I.

☆ Here are 10 AI-powered tools to help boost your productivity at work
▼ + stars: | 2023-05-09 | by ( Sarah Jackson | Aaron Mok | ) www.businessinsider.com time to read: +8 min

ChatGPT isn't the only AI-powered tool that can help make your job easier. Here are 10 that can help with everything from generating slideshows to writing emails. Tome: Building slide decksIf you make a lot of PowerPoints for work, the app Tome can help you do it faster. Managing your inbox can be a pretty tedious time-suck, but tools like Remail might help you get through emails more efficiently. Brain.fm, an AI-generated music tool, can help users stay on task.

☆ ThredUp to list on alternative stock exchange: 'We're here to make a difference,' CEO says
▼ + stars: | 2023-05-09 | by ( Natasha Piñon | ) www.cnbc.com time to read: +4 min

ThredUp , the clothing-consignment company, announced Tuesday that it's dual listing its stock on the Long Term Stock Exchange, or LTSE, a national securities exchange designed to promote sustainable principles and a long-term focus among investors and businesses. Reinhart says he first read about the market a few years ago and started talks to list on the exchange over the past two years. The new stock exchange wants to "reverse the epidemic of short-term thinking," Ries told CNBC. There are more than a dozen stock exchanges in the U.S., but the majority of all trading occurs on the New York Stock Exchange and the Nasdaq Stock Market, making it difficult for alternatives to gain traction. One other company, the communication platform Twilio , did list on LTSE but it delisted in 2022, citing cost concerns.

☆ Jeff Bezos, accidental style icon, was spotted at Coachella in a butterfly-print button-down shirt
▼ + stars: | 2023-04-25 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos showed up at Coachella in a butterfly-print button-down shirt. "Looks like a low budget Fast and Furious scene," wrote Redditor RuckOver3 in a post that was upvoted more than 34,000 times as of press time. Bezos was spotted at the festival with his partner Lauren Sanchez, Kardashian matriarch Kris Jenner, and Jenner's partner, Corey Gamble, per TMZ. wrote Redditor BarfJello, in a comment that had been upvoted more than 13,000 times as of press time. "Looks like the average Coachella attendee," wrote Reddit user electricman420.

☆ Science Proves the 4-Day Workweek Prevents Burnout, Helps Productivity
▼ + stars: | 2023-04-24 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +13 min

At the time, back in 2018, a New Zealand firm had just wrapped up a landmark trial to test the efficacy of a four-day workweek. A lot of the benefits of the four-day workweek come down to a simple, everyday activity: sleep. A lot of the benefits of the four-day workweek come down to a simple, everyday activity: sleep. Less time, more productiveThough the four-day workweek may seem like a recent phenomenon, it's been decades in the making. But for now, the four-day workweek certainly has the potential to be a far-reaching antidote to pressing workplace concerns such as mass resignations and the burnout crisis.

☆ Google got a pandemic boost for its Workspace software but blew it, insiders say. Now it plans to attack Microsoft with a new push in AI.
▼ + stars: | 2023-03-14 | by ( Rosalie Chan | Hugh Langley | ) www.businessinsider.com time to read: +14 min

Google Cloud CEO Thomas Kurian spent much of his time at a partner meeting talking about Workspace, tweeted Tony Safoian, CEO of Google Cloud partner SADA Systems. "Around the globe, more than nine million paying organizations, and more than three billion users rely on Google Workspace for communication and collaboration. Other major customers like Deutsche Bank use Google Cloud for cloud infrastructure, but Microsoft Office for collaboration software. Forty-four percent of software procurers whose organization plans to or currently uses Microsoft's collaboration software also use Google Workspace, according to the 2022 Forrester study. While Google Cloud is still unprofitable, it has decreased losses to $480 million, down from $890 million last year.

☆ Stocks making the biggest moves midday: General Electric, Silvergate Capital, Peloton, Etsy and more
▼ + stars: | 2023-03-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Silvergate Capital — The crypto lender's stock sank 23% after the company announced it will wind down operations and liquidate Silvergate Bank. Revenue came in at $150.2 million, topping the $145 million expected. CEO Dustin Moskovitz also said he was buying 30 million shares. Revenue came in at $103.5 million compared to the $101.7 million expected. Adjusted earnings per share came in 1 cent ahead of estimates at 18 cents.

☆ Atlassian cuts 5% of head count as the software maker focuses on high-priority areas
▼ + stars: | 2023-03-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Business-software maker Atlassian said Monday that it will lay off 500 employees, or around 5% of its workforce. Cuts are not evenly distributed across the company, they wrote in a blog post. Australia's unemployment rate in January was 3.7%, according to government statistics. Australia's unemployment rate in January was 3.7% on a seasonally adjusted basis, according to government statistics. The cost cuts will result in $70 million to $75 million in charges, according to a filing.

☆ The Fed and a big jobs report could drive the market in the week ahead, as investors watch rates
▼ + stars: | 2023-03-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The seesaw-like tension between interest rates and stock prices should remain in play in the week ahead, as investors focus on comments from Federal Reserve Chairman Jerome Powell and the February employment report. There are few earnings in the week ahead, so economic data will likely be a main driver for stocks, along with the comments from Powell. The futures market is pricing in a high chance for a quarter point, or 25 basis point hike in March. Week ahead calendar Monday Earnings: WW International, ThredUp, Trip.com, Lordstown Motor, Ciena, Grindr 10:00 a.m. Initial claims 10:00 a.m. Fed Vice Chair for Supervision Michael Barr Friday Earnings: Embraer 8:30 a.m. Employment report 2:00 p.m. Federal budget

☆ Stocks making the biggest moves midday: Apple, Meta, Costco, Marvell, C3.ai and more
▼ + stars: | 2023-03-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Costco Wholesale — The retailer's shares dropped 3.4% after the company's fiscal second-quarter earnings missed analysts' expectations. Marvell Technology — The chip stock lost 7.3% after Marvell Technology reported mixed quarterly results and provided weak guidance. The move comes after Bumble announced it would price a secondary offering of 13.75 million shares of its common stock at $22.80 per share. The company earned an adjusted 37 cents per share, above the 29 cents expected by analysts, according to Refinitiv. The company posted a loss of 6 cents per share, compared to Refinitiv analysts' estimates for a 22 cent loss.

☆ From free meals to massages, here are 8 of the top perks enjoyed by Big Tech workers
▼ + stars: | 2023-02-26 | by ( Beatrice Nolan | Kate Duffy | ) www.businessinsider.com time to read: +5 min

The cost-cutting measures have caused some tech firms to cut back on employee perks. Here are some of the best office perks that employees have enjoyed in recent years. Big Tech companies such as Google and Meta have tried to cut costs by dropping perks and restricting work travel. From lavish lunches to on-site pampering, here are eight of the most indulgent company perks tech workers have received over the years. Google staff could enjoy on-site massagesGoogle is known for having on-site gyms and masseuses on some of its campuses.

☆ Facebook co-founder Moskovitz funds research into cooling the Earth with sunlight reflection
▼ + stars: | 2023-02-07 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +9 min

(It's sometimes called solar radiation modification or solar geoengineering.) But it's potentially important, it could be very, very helpful, it could be disastrous," Stone told CNBC. And so it goes for solar geoengineering," Stone said. Everyone perceives it to be controversial," Camilloni told CNBC. "This is no one's Plan A for how you deal with climate risk, and whatever happens, we have to cut our emissions," Stone told CNBC.

☆ I was working toward a promotion at Amazon when my manager started emailing me about needing coaching. Now I'm worried about losing my job.
▼ + stars: | 2023-01-29 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +7 min

An Amazon marketing manager was told they were a high-value contributor. I started my promotion doc [a document explaining why an Amazon employee is ready for a promotion]. One thing that's in the ethos at Amazon is you're supposed to be allowed to make mistakes. So if it's something as simple as, "Hey, let's all try this new thing in Asana," and then the next day you're told you're horrible at Asana and that you're being put on a coaching action, it just seemed un-Amazonian. 'I started getting strange communication from my manager'By the end of December, I started getting strange communication from my manager.

☆ From PayPal to Facebook, Silicon Valley has long been obsessed with the idea of company "mafias." Take a look at ex-Square staffers who have created more than $40 billion of startup value.
▼ + stars: | 2023-01-27 | by ( Samantha Stokes | Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

The idea of Silicon Valley "mafias" first emerged with the Oracle, Facebook, and PayPal mafias. Former Square staffers have gone on to launch startups worth nearly $40 billion cumulatively. Silicon Valley insiders have long been obsessed with the idea of startup "mafias." The "PayPal mafia" was perhaps the most infamous company that spawned the founders of tech giants like YouTube, Yelp, Tesla, and LinkedIn. Facebook and Oracle also have their own mafias of former employees that have produced iconic tech companies like Salesforce, Asana, and GoodRx.

☆ Nearly $40 billion of startup value later, here's what the members of the Square mafia have been up to since leaving the fintech giant
▼ + stars: | 2023-01-23 | by ( Samantha Stokes | Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Former Square staffers have gone on to launch startups worth nearly $40 billion cumulatively. Insider tracked 15 members of the "Square mafia" to see what they're up to these days. The "PayPal mafia" was perhaps the most infamous company that spawned the founders of tech giants like YouTube, Yelp, Tesla, and LinkedIn. Facebook and Oracle also have their own mafias of former employees that have produced iconic tech companies like Salesforce, Asana, and GoodRx. Insider tracked 15 ex-Square employees in their current ventures, ranging from launching multibillion-dollar public companies to running high-profile VC firms.

☆ I'm the CEO of $560 million food brand Huel. I wear the same thing to work every day and always get 7.5 hours of sleep — here's what my morning routine is like.
▼ + stars: | 2023-01-23 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

Huel CEO James McMaster starts his morning with a workout and mutes his notifications while at work. If I'm boxing, I'm not thinking about anything else. I change into my Huel T-shirt and jeans, the outfit I wear each day when I'm working in the office. It's pretty much all I have at the Huel office. I prioritize verbal conversations during the early part of the day and then scan emails toward the end of the day.

☆ Dwayne ‘The Rock’ Johnson changed his daily routine to do less: 'I was forcing a lot of the things'
▼ + stars: | 2023-01-20 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

Taking on more led to intense productivity for Johnson — but that "plate is always full" mentality eventually had a breaking point. In many ways, though, the opposite is true: Research shows that multitasking diminishes your performance and output. While it's hard to pull back like Johnson did, research shows it could be the key to more long-lasting success. That's especially true when rest time occurs during the workday: Research shows scheduling in breaks can stimulate creativity and improve efficiency and concentration. But there is no success alone," Johnson told CNBC Make It in 2021.

Search resuls for: "Asana"

25 mentions found