Assets of failed Silicon Valley Bank acquired by competitor First Citizens in FDIC-brokered deal as banking sector jitters continue
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Amazon To Close Three UK Warehouses
Amazon to close three UK warehouses this year as it plans to lay off 18,000 employees worldwide, following pandemic-era spending spree
Smartphone Shipments Drop In China As Covid Takes Toll
Smartphone shipments fall steeply year-on-year within China as Covid-19 lockdowns and tensions with West take toll on economy
SoftBank Sells Off Uber Stake, Cuts Vision Fund Staff
Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads to steep quarterly losses
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Can You Trade Successfully in the UK Today?
It is a well-known fact that the stock markets are cyclical in nature. What goes up can (and will) come back down. This is one of the fundamental principles of trading, as investors often seek to purchase assets after a clearly bearish ...
Samsung ‘To See Profits Jump’ On Data Centre Demand
Industry analysts expect Samsung's profits to jump 15 percent for the second quarter as strong data centre demand offsets smartphone slump
Musk Says Still ‘Unresolved Matters’ Over Twitter Buy
Elon Musk says still 'unresolved matters' with proposed $44bn buyout of Twitter, predicts recession in near term 'more likely than not'
JD.com 618 Mega-Sale Sees Slowest Growth In Years
JD.com reports slowest growth in at least five years for 618 shopping extravaganza, as lockdowns and slowing economic conditions hit China spending
Musk ‘Super Bad’ Feeling About Economy, Wants To Axe 10,000 Tesla Staff
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
Google Sees Swift Ad Recovery After Pandemic Lows
Google sees sharp comeback in ad revenues on both search and YouTube as advertisers renew spending after pandemic slump earlier in the year
Amazon Tells Employees To Defer Travel As Coronavirus Impact Grows
Worldwide shares show biggest drop since 2008 as supply chains are disrupted, major events are cancelled and companies cut back on business travel
Home Office Launches ‘Start-Up’ Visa Programme
The move aims to attract more entrepreneurs, following criticism of immigration restrictions from the UK's tech industry
MPs Warn On ‘Unprecedented’ Brexit Trade IT Challenge
Defra and the Department for International Trade face an 'impossible' task in preparing for Brexit
Chancellor Names Local Fibre Schemes In Spring Statement
Local full-fibre projects move forward, while Hammond also indicates the government may increase taxes on tech giants such as Google and Apple
‘Dereliction Of Duty’: Tech Firms Face Tougher Rules, London Mayor Warns
Twitter, Facebook and others must take on a 'stronger duty of care' or face tighter state controls, Sadiq Khan is to say at South by Southwest
Government To Seek Post-Brexit EU Data Protection Agreement
Tech firms said they welcome the government's latest data protection plans, which could see an ongoing EU-level role for Britain's information commissioner
Amazon To Add 5,000 Staff In UK This Year
The company plans to hire more than 15,000 staff across Europe by the end of 2017
White House Releases Report Preparing For AI Future
Job losses and changing skill requirements are two of the possible negative economic impacts
Facebook To Hire 500 UK Staff Next Year To Boost Engineer Workforce
The expansion comes on the heels of Google's approval of a £1bn UK investment
Oracle Staff ‘Angered’ By Job Cuts: Report
Oracle's secretive handling of a shift of jobs to Eastern Europe is the beginning of a wider round of cuts, according to the company's European Works Council
Tech Firms Call For Broad Government Reforms
The IT industry's trade body is urging the government to bring in sweeping measures to safeguard the country's digital economy
US Sees Higher IT Employment Rates
A US hiring survey, along with official statistics, both show higher employment rates for IT professionals
Glassdoor: Employee Confidence On The Rise
The study has found higher levels of optimism in areas such as pay rises and job hunting amongst employees in the US
Brokers See Lift In Small Business Sales
Purchases and sales of small businesses in the US saw growth in 2013, but remained well below the level of activity before the recession
Video Conferencing Revenues Hit By Software Competition, Economy
Video conferencing continues to be affected by economic uncertainty and a trend toward software-based systems
Small-Business Optimism Shows Boost
US small businesses are showing more optimism, largely due to the increased availability of credit, according to a new survey
Dell SEC Filing Outlines Revamp Strategy
Dell officials have laid out their plans for reinventing the company in a private buyout, arguing that Michael Dell should remain as chief executive
Gartner: Intel Leads Difficult Semiconductor Market
Semiconductor sales are being hit by slow PC sales and ongoing economic uncertainty, but Gartner expects the market to return to growth late in 2013
Euro Crisis: The State Of The Spanish IT Industry
SPAIN: The Spanish IT industry is suffering along with the rest of the economy
Small US Businesses Scrap Hiring Plans
The overall US unemployment rate may be declining, but small businesses have eliminated their former plans to make new hires