January 25, 2023 Rainer Kaese, a Toshiba executive, believes that Hard Disk Drives (HDDs) are critical for storing data in a variety of market areas because Solid State Drives (SSDs), which store everything in flash memory, are insufficient. more...
January 24, 2023 Microsoft announced an extension of its partnership with OpenAI, with a "multi-year, multi-billion-dollar" investment expected to be in the $10 billion range. Microsoft, which already invested $1 billion in OpenAI in 2019 and plans to more...
January 24, 2023 Spotify announced plans to lay off 6% of its workforce and take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in anticipation of a possible more...
January 23, 2023 Microsoft's 10,000-person layoff may put a halt to the company's HoloLens and headset-based projects, with entire teams working on mixed reality and virtual reality products being axed. The layoffs also had an impact on the more...
January 23, 2023 Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to cut staff as the industry's economic boom during the COVID-19 pandemic comes to an end. It is more...
January 23, 2023 According to people familiar with the matter, activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., the world's largest software-as-a-service (SaaS) company. It's a move that will likely put added strain more...
January 20, 2023 With public share values of North American tech companies dropping and management laying off staff, a Canadian maker of digital investigation solutions for police has found a savior: being bought by a private equity firm. more...
January 20, 2023 Capital One, a financial services company recently announced plans to eliminate 1,100 technology positions as part of a larger cost-cutting and operational-simplification effort. The company has not provided specifics on how these job cuts will more...
January 20, 2023 The bankrupt cryptocurrency exchange FTX is considering resuming operations, according to Chief Executive Officer John Ray. Mr. Ray stated in his first interview since taking over FTX in November that he has formed a task more...
January 20, 2023 Reed Hastings, co-founder and CEO of Netflix, announced his retirement after more than two decades with the company. In a blog post published by the company, Hastings stated that he will now serve as executive more...
