August 16, 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 10, 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 10, 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 8, 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 4, 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...
August 3, 2023 Softbank Robotics Europe, the developer of the Nao and Pepper robots, is laying off 40% of its workforce. The company will also be divesting from its direct sales channel for Nao and Pepper, and will more...
August 1, 2023 Apple has taken a step against digital fingerprinting by forcing app developers to justify the use of sensitive APIs. The company says that this is an effort to discourage app makers from trying to track more...
August 1, 2023 Samsung Electronics reported a 95% drop in profits for the second quarter of 2023, blaming the decline in smartphone shipments. Samsung said that revenue for the quarter was 60.01 trillion Korean won (about $47.21 billion), more...
July 31, 2023 Roku beat analysts' expectations for second-quarter earnings and revenue, driven by a rebound in ad sales. The streaming device maker reported earnings per share of 20 cents on revenue of $847.2 million, compared to analysts' more...
