After axing 15 percent of its workforce, Zoom abruptly fires President Greg Tomb in a “termination without cause”
TECHNOLOGY POWERING BUSINESS
2023
ARM Disappoints UK With Decision To List Only In New York
UK Financial Conduct Authority blamed for 'inflexibility', as ARM owner Softbank opts for US-only public listing
Ericsson Pleads Guilty Over Bribery Charges, Axes 8,500 Jobs
Thousands of staff impacted by headcount reduction, as giant telecoms giant pleads guilty to US bribery charges
United States Launches New Cybersecurity Strategy
Biden administration launches new cybersecurity strategy, as the US seeks to improve its overall cyber defences, amid growing risks
Waymo Cuts 8 Percent Of Staff
Alphabet's self-driving car division admits it has cut approximately 8 percent of workforce in two rounds of layoffs this year
SpaceX Launches Space Station Crew In NASA Mission
SpaceX successfully launches a four man Crew Dragon into orbit after launch on Monday was called off at the last minute
WH Smith Admits Staff Data Accessed In ‘Cyber Incident’
Book and stationary retailer WH Smith investigates a cyber security incident that led to illegal access to some company data
Poland Blames Russian Hackers For Tax Website Attack
Government official says Russia was behind a hacking attack on the Polish tax website, that blocked access to the online system
Tesla To Build Factory In Mexico, Says President
Mexico’s president Andrés Manuel López Obrador confirms that Tesla will construct factory near border of Texas
Microsoft Rolls Out Bing AI To Windows 11
Update to Redmond's latest operating system, Windows 11, will add search button that promotes its Bing AI chatbot
China Warns Elon Musk Over Wuhan Lab Leak Tweet
Chinese Communist Party issues blunt warning via state media to Tesla's Elon Musk, over pushing Wuhan Lab Covid leak theory online
Dish Network Confirms Outage Was Due To Ransomware Attack
US satellite broadcast Dish Network confirms multi-day outage was a result of a ransomware attack and some data has been stolen
Intel Offers Quantum SDK For Developers
Intel releases Quantum Software Development Kit (SDK) to assist development of quantum algorithms for next generation computers
Former FTX Engineer Pleads Guilty To Fraud Charges
Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud
Elon Musk Overstated Tesla Autopilot New Lawsuit Alleges
Elon Musk is being sued again as Tesla shareholders accuse the CEO of overstating self-driving tech and defrauding investors
US Chips Act Bars Companies From Expanding In China
Companies that receive funding under US' $52bn Chips Act barred from expanding capacity in China for 10 years, amongst other restrictions
Visa, Mastercard ‘Pause Crypto Partnerships’ Amidst Meltdown
Visa, Mastercard reportedly halting cryptocurrency partnerships and product plans following industry meltdown last year
Massive Blaze Shuts Down Apple Supplier Plant In India
Massive fire shuts down Apple iPhone charging cable factory in southern India, in latest supply chain headache for tech giant
EU Narrows App Store Charges Against Apple
European Commission drops key charge against Apple over forcing developers to use App Store payment system as case nears second year
Meta Forms AI Team To Compete With ChatGPT
Facebook, Instagram parent Meta forms AI-focused team to develop text and visual tools across its products, following success of OpenAI's ChatGPT
Foxconn Expands In China’s Henan After Factory Disruption
Main Apple iPhone assembler Foxconn to expand presence in China's Henan provice while continuing to shift production to India, Vietnam
Canada Bans TikTok From Government Devices
Canada government bans TikTok from all government devices, saying it presents 'unacceptible risk to privacy and security'
SpaceX Cancels Space Station Crew Launch At Last Minute
SpaceX cancels Crew Dragon launch at last minute on Monday, team of four to wait until Thursday for International Space Station flight
MWC 2023: EU Business Chief Calls For ‘Focus On Future’
Mobile World Congress 2023: Breton urges Europe to lead next tech 'revolution', amidst controversial EU telecoms funding consultation
US-Led ‘Chip 4’ Alliance Holds First Senior-Level Meeting
'Chip 4' group holds first meeting of senior-level officials as US looks to tighten restrictions on China tech industry
Twitter Cuts 10 Percent Of Staff, Including #SleepWhereYouWork Exec
Latest round of cuts at Twitter affects 10 percent of staff, incuding executive pictured sleeping on floor last November
Canada Launches Latest TikTok Data Privacy Probe
Canada federal, provincial governments to probe whether TikTok complies with prvacy law after app banned on EU Commission, Council devices
Missing China Bank Founder ‘Working With Authorities’
Tech investment bank China Renaissance Holdings says founder Bao Fan 'cooperating with authorities' after disappearance earlier this month
Australian Battery Start-Up Takes Over Failed Britishvolt
Australian start-up Recharge Industries buys failed battery venture Britishvolt from administrators, but has very different plans in mind
DoJ Alleges Google Deleted Evidence In Antitrust Case
Serious allegation of misconduct made against Google by US Department of Justice, in its antitrust case against the firm