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Pure Storage, Google trim Bay Area jobs in widening tech industry cuts
TechXplore· 2024-02-12 12:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain High-profile tech companies, including Google and Pure Storage, have decided to conduct a fresh round of Bay Area job cuts that will affect hundreds of jobs in the region, state records show. The latest round of job cuts means that tech companies have revealed decisions to slash another 274 j ...
Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come
TechXplore· 2024-02-11 09:58
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Amazon CEO Jeff Bezos speaks at the Amazon re:MARS convention in Las Vegas on June 6, 2019. Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion on Feb. 7, 2024, and Feb. 8. Credit: AP Photo/John Locher, File Jeff Bezos filed a statement with f ...
Microsoft's Nadella woos Indian developers to the company's AI tools
TechXplore· 2024-02-08 16:34
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Microsoft CEO Satya Nadella speaks at an event at the Chatham House think tank in London, Jan. 15, 2024. Speaking to over 1,000 computer code developers in India’s ‘Silicon Valley’ Bengaluru, Thursday Nadella, asked them to use the company’s artificial intelligence tools that they are deploying across their products. Credit: AP ...
Federal Trade Commission, Amazon spar over antitrust lawsuit that could 'alter' the company
TechXplore· 2024-02-08 13:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain In the months since the Federal Trade Commission sued Amazon over allegations of anti-competitive and monopolistic behavior, the two parties have debated the schedule, the scope and the rationale of the case itself. Amazon asked a federal judge in Seattle to dismiss the case in December, argu ...
Disney beats forecasts as streaming struggles improve
TechXplore· 2024-02-08 09:49
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Disney CEO Robert Iger speaks onstage during The New York Times Dealbook Summit 2023. Disney on Wednesday reported higher than expected profit in the final three months of last year as it strives to adapt to a shift from television to streaming. During the earnings announcement, Disney chief Robert Iger also revealed that the ...
Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment
TechXplore· 2024-02-08 09:15
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange on Aug. 7, 2017. The Walt Disney Co. said Wednesday, Feb. 7, 2024, it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games, working with the game developer to create a “games and entertainment universe” that will feature game ...
Alibaba approves additional $25 billion share buyback as revenue disappoints

TechXplore· 2024-02-07 15:30
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Alibaba logo is seen outside a building in Beijing on Nov. 16, 2021. Alibaba Group Holding on Wednesday, Feb. 7, 2024, approved an additional $25 billion addition to its share buyback program, amid lower-than-expected sales revenue for the last quarter of 2023.Credit: AP Photo/Ng Han Guan, File Chinese e-commerce firm Alibab ...
NTSB says bolts on Boeing jetliner were missing before a panel blew out in midflight last month
TechXplore· 2024-02-06 20:36
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Jan. 8, 2024, in Portland, Ore. Investigators say bolts that helped secure the panel on the Boeing jetliner were missing before the panel blew off the plane in midflight last month. The National Transportation ...
Taiwan chip giant TSMC announces second Japan plant
TechXplore· 2024-02-06 16:09
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain TSMC will build a second foundry in Japan, the semiconductor giant and its local partners announced Tuesday, weeks before its first in the country officially opens. Taiwan Semiconductor Manufacturing Company—which counts Apple and Nvidia as clients—controls more than half the world's output of ...
The head of FAA pledges to hold Boeing accountable for any violations of safety rules
TechXplore· 2024-02-06 11:06
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Michael Whitaker testifies during his nomination to be administrator of the Federal Aviation Administration, Department of Transportation, Oct. 4, 2023, on Capitol Hill in Washington. FAA Administrator Whitaker says the agency will use more people to monitor aircraft manufacturing and hold Boeing accountable for any violations o ...