Apple Inc. today issued a warning that supplies of the iPhone 14 Pro and iPhone 14 Pro Max will be lower than previously anticipated because of COVID-19 restrictions at a factory located in Zhengzhou, China. Apple didn’t say how restrictive the supply of iPhone Pro models would be, but the company did warn that customers would ...

Meta Platforms Inc., the parent company of Facebook, is preparing to lay off thousands of employees in the week starting Monday, according to a report today from The Wall Street Journal. Describing the layoffs as “large-scale,” the report, referencing people familiar with the matter, suggests that Meta’s layoffs could be the largest of any tech ...

Investors hammered Atlassian Corp. stock in after-hours trading after the Australian software company missed earnings forecasts and gave a lower outlook than had been expected by analysts. For its fiscal quarter ended Sept. 30, Atlassian reported net income of $92.5 million, or 36 cents per diluted share, down from $94.4 million, or 37 cents in ...

Shares in content delivery network company Cloudflare Inc. plunged in late trading even though it beat all expected metrics in its latest earnings report as investors were reportedly spooked by figures suggesting moderating growth. For its third quarter that ended Sept. 30, Cloudflare reported a profit before costs such as stock compensation of $19.1 million, ...

Shares in Block Inc. surged in late trading after the payments company delivered a strong earnings beat in its latest quarterly report. For its fiscal third quarter, Block reported net income before costs such as stock compensation of 42 cents a share, up from 25 cents a share in the same quarter of last year. ...

Shares in Coinbase Global Inc. rose slightly in late trading after the cryptocurrency exchange reported better-than-expected user numbers amid misses on its latest quarterly earnings and revenue. For its fiscal third quarter that ended Sept. 30, Coinbase reported a loss before costs such as stock compensation of $2.43 a share on revenue of $590 million. Analysts ...

Open-source developer platform startup Gitpod GmbH today announced that it has raised $25 million in new funding to create a new category — what it calls cloud development environments. Tom Preston-Werner, founder and former chief executive officer of GitHub, led the Series A round, with General Catalyst, Crane Venture Partners, Vertex Ventures US, Speedinvest, Pebblebed, GTMfund, MongoDB Ventures ...

Google LLC today released a proposed list of five principles around “internet of things” security labeling with an aim to increase security and transparency for electronic products that connect to the internet. While noting that there has been more focused activity across policymakers, partners, developers and public interest advocates over the last year, Google argues ...

Cloud storage provider Dropbox Inc. has disclosed the details of a recent phishing attack that resulted in unauthorized access to 130 of its GitHub software code repositories. While noting that no content, passwords, or payment information were compromised in the attack, Dropbox said Tuesday that it was providing the details of the attack as part ...

Robinhood Markets Inc. bucked market trends and its own recent history today as its share price rose in late trading today on a surprising earnings beat in its fiscal third quarter. For its third quarter that ended Sept. 30, Robinhood reported a net loss of $175 million, or 20 cents per share, down from $295 ...