Companies

HP Settles Lawsuit Over Blocking Third-Party Ink With Printer Updates

HP has agreed to settle a class-action lawsuit accusing the company of disabling printers that used third-party ink cartridges. The lawsuit focused on HP’s...

Intel’s contract manufacturing hits setback with quality issues

Intel’s contract manufacturing business has encountered a major setback after silicon wafers produced for Broadcom failed to meet expectations during recent tests. This failure...

Dell has another major round of layoffs

Dell has initiated another round of layoffs, affecting a significant number of employees, including long-term company veterans. HR exit meetings began on Tuesday morning,...

Intel to lay off Over 15,000 employees in major cost-cutting move

Intel has announced a significant downsizing of its workforce, laying off over 15,000 employees as part of a $10 billion cost-saving plan set for...

Costs from Global CrowdStrike Outage Could Exceed $1 Billion

The global tech outage caused by a faulty CrowdStrike update on Friday could result in damages exceeding $1 billion. The glitch disrupted various sectors,...

Kaspersky to shut down its US business due to sanctions

Russian cybersecurity firm Kaspersky Lab announced it will cease its U.S. operations starting July 20, following sanctions from the U.S. Treasury Department's Office of...

Intuit lays off 1,800 people amid a shift to AI

Intuit, the company behind QuickBooks, Credit Karma, and TurboTax, is laying off 1,800 employees, which is about 10% of its global workforce. CEO Sasan...

VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track

In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion. Despite this decline, Broadcom CEO Hock...

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