Spotify to cut 6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its workforce as tech layoffs continue

Daniel Ek, CEO of Swedish music streaming service Spotify. Toru Yamanaka | AFP | Getty Images Spotify announced Monday it’s cutting 6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its global workforce as the music streaming…

Nasdaq jumps 2.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} as tech leads Friday stock rally

U.S. shares rallied on Friday, closing out the week on an upbeat take note, led by robust gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996},…

Yandex to sell Russian businesses, flee country with its best tech

Just after Moscow invaded Ukraine, ‘Russia’s Google’ has made a decision it can’t stay in Russia. Moscow-headquartered Yandex, the country’s dominant search motor established by two Russian entrepreneurs, is hoping…

Microsoft is ‘significantly outperforming’ most tech and software companies: Analyst

Rishi Jaluria, RBC Capital Markets Software program Fairness Analyst, joins Yahoo Finance Live to discuss Google and Microsoft’s earnings reports, cloud earnings, competitors with Amazon Net Services, and China. Video…

Stocks under pressure, tech drops 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} amid Snap collapse

U.S. stocks dropped floor on Friday, with the tech sector snapping a three-working day winning streak with a prosper. The tech-significant Nasdaq fell 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on Friday following success from Snap…

Tech leads stocks higher as earnings rush in, ECB hikes rates

Technology stocks led marketplaces better for a third straight session Thursday as traders mulled a slew of combined earnings and a surprise charge hike from the European Central Lender. The…