Dell To Cut Thousands Of Jobs Amidst PC Demand Slump

PC maker Dell to cut about 6,650 jobs as post-pandemic demand for PCs expected to continue decline through 2023

2 years ago

Australian Start-Up To Take Over Battery Maker Britishvolt

Australian battery start-up Recharge Industries reaches deal with administrators to take over collapsed UK battery venture Britishvolt

2 years ago

Alphabet Earnings Miss Expectations, As YouTube Declines

Google parent Alphabet has felt the impact of reduced advertising spending, after its latest financials mostly missed Wall Street expectations

2 years ago

Amazon Posts Annual Loss Amid Restructuring

Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses

2 years ago

Apple Disappoints By Missing Wall Street Expectations

Financial results from Apple highlight weakening consumer demand, as it insists iPhone production problems are over

2 years ago

Rivian To Axe 6 Percent Of Jobs Amid EV Price War

Another tranche of job losses for Rivian Automotive, after it says it is laying off 6 percent of its workforce

2 years ago

Apple, Google Urged To Remove TikTok From App Stores

A democratic senator in the US urges Apple and Google to remove TikTok from their respective app stores ahead of…

2 years ago

Samsung Unveils Premium Galaxy S23 Series

Amid global smartphone shipment declines, Samsung takes wraps off its new premium smartphone portfolio with the Galaxy S23 Series

2 years ago

UK NCC Group To Cut Workforce By 7 Percent – Report

More tech cuts but closer to home. Manchester-based cybersecurity firm NCC Group will cut workforce by 7 percent

2 years ago

ChatGPT Firm Trails Subscription Fee, Detection Tool

OpenAI plans trial of popular chatbot in US at monthly subscription fee of $20, offers tool to detect AI-generated text

2 years ago

Meta Pleases Investors With ‘Year Of Efficiency’ Pledge

After heavy Metaverse spending in 2022, Mark Zuckerberg points to cost savings in 2023 after big drop in profits in…

2 years ago

UK Government Details Plan To Regulate Crypto, Post FTX

HM Treasury reveals 'ambitious plans' to protect consumer and businesses by 'robustly regulating cryptoasset activities'

2 years ago

Apple To Launch ‘Folding iPad’ In 2024 – Report

Adding to previous speculation and rumours, analyst predicts Apple will release a foldable iPad tablet next year

2 years ago

China ‘Deeply Concerned’ At US Halt Of Export Licences For Huawei

Beijing expresses “deep concern” at reports the US Commerce Department has stopped export licences for Huawei

2 years ago

PayPal To Axe 7 Percent Of Workforce

More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”

2 years ago

US Official Confirms Japan, Netherlands Joined US China Chip Sanctions

American official acknowledges deal with Japan and the Netherlands for new restrictions on chip-making tool exports to China

2 years ago

Intel Cuts Pay For Staff, Executives

Salaries for mid-level staff and senior management at Intel have been cut after it posted lower-than-expected sales forecast

2 years ago

Tech Nation To Shut Down After Government Pulls Grant

UK start-up backer Tech Nation to shut down operations after government awards critical grant to Barclays digital incubator

2 years ago

US Justice Department Requests Tesla Self-Driving Documents

Tesla says US Justice Department has requested document related to Autopilot and 'Full Self-Driving' systems amidst regulatory scrutiny

2 years ago

China Start-Up ‘Delivers Quantum Computer’

A Chinese start-up has reportedly developed and delivered a working quantum computer, in a move likely to add to US…

2 years ago

Spotify Beats Estimates, But Losses Soar

Spotify beats analysts' estimates on user and subscriber growth, but podcast investment strategy sees ballooning losses

2 years ago

Gartner Sees Further Smartphone, PC Sales Slide In 2023

Gartner study projects second straight year of decline in smartphones and PC sales, with demand recovering later in the year

2 years ago

Samsung Chip Business Posts Profit Plunge

Samsung to continue investing in chip production capacity even as it sees poor conditions for first half of year

2 years ago

US ‘Stops Providing’ Huawei Export Licences

US Commerce Department reportedly stops providing export licences for Huawei, in move that could have dire consequences for Chinese firm

2 years ago

Facebook Parent Seeks To Block £3bn UK Lawsuit

Facebook parent Meta seeks to block £3bn UK collective legal action claiming company abusively profited from users' personal data

2 years ago

TikTok Chief Chew To Testify Before US Congress

TikTok chief executive Shou Zi Chew to testify before US House of Representatives in March as lawmakers consider national app…

2 years ago

Blacklisted China Chip Giant YMTC Cuts ‘Hundreds’ Of Staff

Chinese memory giant YMTC reportedly cutting up to 10 percent of workforce after being placed on US Entity List in…

2 years ago

JD Sports Cyber-Attack Affects Data Of 10 Million Customers

JD Sports says hackers may have accessed the personal data of 10 million customers following a breach of its systems

2 years ago

Japan, Netherlands ‘Join US China Chip Sanctions’

Japan and the Netherlands reportedly join in US campaign to limit China's access to advanced chipmaking equipment following top-level talks

2 years ago

Council Of Europe Warns Over Data Protection Rights

Council of Europe warns 'bleak' international picture invites erosion of human rights including data protection, amidst consumer concerns

2 years ago