August 2, 2022 The U.S. Commerce Department has announced plans to limit the size of government subsidies for semiconductor production. The Commerce Department said that the award to chip companies will be "no larger than is necessary to more...
August 2, 2022 At a company-wide meeting on Thursday, Meta chief executive Mark Zuckerberg admitted he was optimistic about the company's growth after the huge profits it made during the pandemic era. As a result, the company took more...
August 2, 2022 In the fight for net neutrality, Democrats have introduced the Net Neutrality and Broadband Justice Act, which will reclassify broadband internet service as a basic service. It will also authorize the Federal Communications Commission (FCC) more...
August 2, 2022 Top tech Chief Executive Officers (CEOs) are banking on smart glasses to replace smartphones in the near future. Meta CEO Mark Zuckerberg is among the key proponents, believing that smart glasses will replace smartphones by more...
August 2, 2022 According to the outage tracking website Downdetector, nearly 10,000 users reported having problems with the audio streaming platform. Zoom said on its status dashboard the telephony feature was facing degraded performance. The outage comes as more...
August 2, 2022 Amazon expects sales to jump in the third quarter thanks to unwavering demand despite higher fees. Despite persistent inflation that has forced customers to cut back on spending, Amazon remains confident about customer demand, with more...
July 29, 2022 Meta's VR division suffered an operating loss of US$2.8 billion in the second quarter. Reality Labs, as it is widely known, is fundamental to Meta's metaverse ambitions, even though it remains very expensive to operate. more...
July 29, 2022 According to a new Gartner survey, 56% of companies regret their biggest technology-related purchases. The report identified several reasons for this regret, including slow purchasing decisions, the shift in decision-making on technology purchases from exclusive more...
July 29, 2022 Shares of major U.S. companies slumped on Wednesday after posting poor quarterly results and forecasts amid persistent inflation and fears of a possible recession. Affected companies include Facebook's parent company Meta Platforms, Qualcomm, ServiceNow, Best more...
July 28, 2022 According to Insider, Meta employees are preparing for staff cuts of up to 10%, with some employees believing the decision is imminent due to new performance requirements and a tougher market. An employee said the more...
