Jon Swartz
Moneyish
San Francisco, CA, United States
Contact Jon
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Recent articles by Jon:
FTC drops lawsuit vs. Meta over VR acquisition
The Federal Trade Commission late Friday voted to withdraw its antitrust lawsuit against Meta Platforms Inc.’s acquisition of virtual-reality startup Within... → Read More
One laid-off tech worker’s odyssey: 5 months, 25 interviews, 100 job applications
At the end of January, the success rate for people seeking jobs in tech was just 55%, according to ZipRecruiter. → Read More
Justice Department claims Google destroyed written records tied to antitrust suit: report
Justice Department officials on Thursday said Alphabet Inc.’s Google destroyed evidence related to an antitrust lawsuit that looks at how the company... → Read More
Beyond Meat's stock pops on better-than-expected sales, earnings
The fake meat industry may be lacking teeth of late, but investors rewarded Beyond Meat Inc.'s stock on Thursday, promptly propelling it 16% in extended... → Read More
La-Z-Boy’s stock climbs on earnings beat
La-Z-Boy Inc.’s stock climbed 4% in extended trading Tuesday after the retailer reported quarterly results that easily topped analyst earnings estimates.... → Read More
Vince McMahon’s asking price for WWE is $9 billion, report says
WWE has received offers, a report said, with potential buyers including Endeavor Group Holdings Inc., owner of the Ultimate Fighting Championship. → Read More
As Big Tech cuts workers, other industries are desperate to hire them
‘This has happened before’: As in the aftermath of the dotcom bust, nontech companies are rushing in to snap up the experienced tech workers Silicon Valley is cutting loose. → Read More
Facebook parent company Meta introduces broadcast channels to Instagram
Meta Platforms Inc. Chief Executive Mark Zuckerberg on Thursday said the company is bringing broadcast channels to Instagram. The Telegram-like feature,... → Read More
Snap says it has passed 750 monthly active users
Snap Inc. Chief Executive Evan Spiegel on Thursday said the company’s Snapchat product now reaches more than 750 monthly active users, up from 600 million in... → Read More
Cisco gear getting into Russia is 'disappointing' and 'frustrating,' exec says
Cisco CFO Scott Herren described frustration with so-called gray markets that have reportedly shipped the company’s tech gear into Russia. → Read More
Cisco stock spikes after earnings and revenue beat, annual forecast raised
Cisco blew away expectations for revenue growth in the holiday quarter, and predicted stronger growth in a revised annual forecast that sent shares higher. → Read More
Justice Department edges closer to antitrust action vs. Apple: report
The Justice Department is edging closer to a potential antitrust complaint against Apple Inc. according to a Wall Street Journal report, citing people... → Read More
EU to investigate Amazon’s $1.7 billion purchase of iRobot: report
The European Union plans to investigate Amazon.com Inc.’s $1.7 billion acquisition of iRobot Corp. maker of the autonomous vacuum cleaner Roomba, the... → Read More
Bipartisan Senators blast Big Tech, urge regulation
Republican and Democratic senators upbraided Big Tech on Tuesday and urged federal legislation to regulate tech platforms that are “doing everything they can... → Read More
Meta Chief Business Officer Levine to leave
Meta Platforms Inc. Chief Business Officer Marne Levine is leaving Facebook’s parent company after 13 years, the company’s blog announced Monday. Levine, who... → Read More
Yelp's stock jumps on record revenue, strong annual guidance
Yelp Inc.'s stock climbed 7% Thursday after the company announced record annual revenue, quarterly results largely in line with analysts' forecasts, and... → Read More
Disney outlines reorganization plan
Walt Disney Co. Chief Executive Bob Iger on Thursday outlined the media giant’s major reorganization announced a day earlier. Under the plan, which entails... → Read More
Japanese regulators target Apple, Google app stores
Japan’s Fair Trade Commission on Thursday recommended opening up third-party app stores, a potential blow to Apple Inc. and Alphabet Inc.’s Google. In a... → Read More
Disney stock soars as Iger plans 7,000 job cuts in return to earnings stage
Bob Iger returned to Disney's earnings stage and delivered a big beat, largely thanks to theme parks, but Disney+ subscribers declined more than expected. → Read More
Google’s stock dips on demonstration of its AI chatbot, Bard
One analyst bluntly deemed Google's event a 'ripple, not yet splash.' → Read More