Private British tech firms buck market gloom with record quarterly venture capital investment led by fintech and healthcare tech
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Tesla Proceeds With China Hiring Event, Despite Musk Job Warning
Last week Elon Musk warned he wanted to axe 10,000 Tesla jobs, but the EV maker is still hiring in China and hosting jobs event
HoloLens Creator Leaves Microsoft Amid Misconduct Allegations
Microsoft’s HoloLens lead developer and boss, Alex Kipman, leaves the software giant after being accused of inappropriate behaviour
One In Ten Staff Want To Leave Over Tech Frustrations, Says Freshworks
Workplace tech frustrations. 94 percent of UK staff are frustrated by inadequate workplace tech, and many are considering resigning because of it
Microsoft Slashes Russia Operations, Axes 400 Staff
Software giant Microsoft is “significantly” scaling down its operations in Russia, but will continue to fulfil contractual obligations
IBM Closes Down Russian Operation, Lays Off Staff
After suspending its operations in Russia in Q1, IBM tells local staff it is winding down operations in Russia and laying off employees
Amazon’s Consumer Boss, Dave Clark, Steps Down
Changing the old guard. Dave Clark, Amazon's head of consumer business, is stepping down amid after surviving shareholder vote on compensation
Musk ‘Super Bad’ Feeling About Economy, Wants To Axe...
Gloomy outlook. Elon Musk says he wants to axe 10 percent of jobs at Tesla, as he has a 'super bad' feeling about the global economy
Elon Musk Return To Office Demand Opposed By German Union
Blunt order by Elon Musk for Tesla staff to return to the office or resign their jobs, faces pushback from trade union in Germany
Sheryl Sandberg To Leave Facebook After 14 Years
After fourteen years as chief operating officer at Facebook, Sheryl Sandberg confirms she will leave the firm in the Autumn
Elon Musk Tells Tesla Staff To Return To Work Or Resign
'Come back to the office or resign' Elon Musk tells Tesla staff, as the world's richest man rejects remote working as a viable option going forward
TomTom Confirms Hundreds Of Job Losses
Satnav giant TomTom says it will “reset” the organisation, which unfortunately includes hundreds of job losses at its Mapping unit
E-Recycler Attero Plans $1bn Expansion Into Electric Vehicles
India's biggest electronics recycling company Attero Recycling to spend $1bn as it looks to massively ramp up recycling spent electric vehicle batteries
Twitter Refuses To Drop Egon Durban From Board
Twitter decides not to accept Egon Durban's resignation from board following shareholder vote against his re-election, amidst takeover drama
Amazon Shareholders Narrowly Approve Executive Pay
Amazon shareholders deliver rebuke in narrow approval for executive pay, as Facebook owner Meta and Google also face increasing investor activism
Microsoft Executive Indicates Departmental Hiring Slowdown
Amid concern at the state of the global economy, a senior Microsoft executive tells staff to be more cautious when hiring for new roles
Amazon Drivers Risk Increasing Number Of Injuries
Study shows that nearly one in five Amazon delivery drivers suffered injuries in 2021- again raising safty concerns about conditions for drivers
Samsung To Create 80,000 New Jobs, Plans $356 Billion Investment
South Korean electronics giant Samsung says it will create 80,000 jobs, and will sink a $356 billion investment into the firm
UK Businesses ‘Falling Behind Europe’ On AI Adoption
UK businesses falling behind Europe on their adoption of AI over the past two years, with lack of appropriate skills cited as biggest impediment
Rivian Eyes Profitability Amidst Market Pressure
Rivian says it has enough cash on hand to achieve profitability, as it faces pressure from shareholders and customers over delays, shortages, rising costs
Apple Accused By Union Of Staff Law Violations At NY Store
Staff at Apple's World Trade Centre store in New York are allegedly being questioned and spied on, over trade union concerns
Apple Loses Senior Executive Over Remote Working Policy – Report
Insistence by Tim Cook and co that staff work in the offices has resulted in departure of Apple's director of machine learning
Twitter Sees Three More Executive Departures
Three executives apparently jump ship. More high level departures at Twitter, ahead of Elon Musk's takeover battle for the platform
Google’s Russian Unit To File For Bankruptcy – Update
Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for bankruptcy
Apple Delays Staff Mandate For Three Days A Week In Office –...
Tech giant blames rising Covid cases as it again pushes back return to office deadline, and reinstates mask requirements for 100 US stores
US Warns Against Hiring North Korean Hackers
US North Korea is sending 'thousands' of skilled IT workers out to take illicit jobs as country seeks to fund sanctioned weapons programmes
Tech Jobs Face Pressure Amidst UK Hiring Crunch
Companies under pressure as shortage of workers adds to existing tech skills crisis, driving wages up and fuelling 'intense competition', recruiter warns
TerraUSD Organisers ‘Spent $2bn’ In Bitcoin To Maintain...
Organisers behind failed TerraUSD stablecoin say they spent more than $2bn in Bitcoin last week in vain attempt to keep virtual currency from crashing
Elon Musk Puts Twitter Takeover On Hold
Twitter's share price falls 18 percent after Elon Musk places his takeover on hold, until more data is provided about fake accounts on the platform
IBM ‘Unsure’ How Long It Can Keep Paying Russian Staff
IBM chief executive Arvind Krishna says company unsure how long it can continue to keep Russian staff on payroll as impact of sanctions bites