August 14, 2023 Amazon is warning staff who are not meeting its expectations for office attendance. The company has sent emails to some employees who have not been coming into the office three days a week, even though more...
August 14, 2023 Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba, reported revenue growth of 4% in the second quarter of 2023, but a 106% surge in earnings. CEO Daniel Zhang attributed the slowdown in more...
August 14, 2023 Kyndryl, the IT infrastructure services company spun off from IBM in 2021, cut its net losses to $141 million in the first quarter of 2024. This represents a significant improvement from the company's net loss more...
August 14, 2023 Microsoft will stop renewing licenses for its products to Russian companies starting in October, the company said in a letter to customers. The move is part of the tech giant's response to Russia's invasion of more...
August 14, 2023 Virtual event software companies that saw their valuations soar during the pandemic are now facing a reckoning as the world returns to in-person events. Hopin, which was once valued at $7.8 billion, sold its virtual more...
August 10, 2023 International Business Machines (IBM) and Meta Platforms (Meta) have announced a partnership to bring Meta's Llama 2 AI language program to businesses. Llama 2 is a commercial version of Meta's open source AI language model more...
August 9, 2023 Zoom has ordered staff back to the office. The company said it believes a "structured hybrid approach" is most effective and people living within 50 miles (80km) of an office should work in person at more...
August 8, 2023 Fujitsu, the Japanese multinational technology conglomerate, has announced that it will exit the European PC business in 2024. The move, confirmed by Fujitsu representatives, comes in response to changing market dynamics and the aftermath of more...
August 4, 2023 Intel's network and edge group has seen significant growth in recent years, but sales plummeted by a third to less than $2.9 billion, resulting in a $487 million loss. Intel attributed this decline to customers more...
August 3, 2023 Advanced Micro Devices (AMD) expects a solid year-end performance, fueled by the expected release of artificial-intelligence (AI) processors that might compete with Nvidia semiconductors. AMD CEO Lisa Su stated that manufacture of their flagship MI300 more...
