May 12, 2023 Prices of server-grade GPUs are soaring as demand for machine-learning accelerators continues to rise due to the current AI buzz. This trend is anticipated to result in higher cloud GPU prices and possibly resource shortages. more...
May 12, 2023 BlackBerry has completed the successful sale of its non-core patents and patent applications to Malikie Innovations Limited, a wholly owned subsidiary of Key Patent Innovations Limited. BlackBerry got a cash payment of $170 million upon more...
May 12, 2023 Elon Musk had revealed that he has hired a new CEO for the social media platform, Twitter. Although he refrained from disclosing the identity of the incoming executive, Musk stated that the individual would assume more...
May 11, 2023 TurboTax's parent company Intuit has reached a nationwide settlement, requiring them to pay compensation to approximately 4.4 million individuals. The settlement comes after allegations that the company directed millions of low-income Americans away from free more...
May 11, 2023 IBM has made a significant move in the industry's fierce AI competition with the announcement of its latest offering, Watsonx. This business-focused AI solution set to be launched in July, aims to provide more accurate more...
May 10, 2023 Intel has stated its desire to reduce the number of employees in key business areas and jobs inside the corporation in order to streamline operations and save money. The decision to decrease employees was rather more...
May 5, 2023 Unlike its Big Tech contemporaries, Apple CEO Tim Cook has declared that the company has no intentions to conduct large layoffs. Cook noted that, while he cannot rule out the prospect of layoffs, Apple does more...
May 5, 2023 Shopify is laying off nearly 2,000 people, or 20% of its staff, and selling its logistics division to Flexport for around 13% in shares. Those affected by the layoffs will get at least 16 weeks more...
May 5, 2023 Apple's Q2 earnings topped Wall Street's forecasts after revenue fell 2.5% to $94.8 billion in the April 1 quarter, topping predictions of a 4.4% decrease. Its profits per share were steady at $1.52, compared to more...
May 5, 2023 Hock Tan, Broadcom's CEO, has vowed to invest $2 billion per year in research and development (R&D) at VMware. The investment will be split in half, with $1 billion going toward R&D and the other more...
