The social media giant Facebook's parent company meta plans to make to make thousands of additional job cuts. This comes after the company announced a widespread layoff in late 2021, which saw around 10,000 employees lose their jobs. According to sources familiar with the matter, the new round of...
Read moreAmazon, the world's largest online retailer, has announced its plans to close eight of its Go convenience stores, the latest effort in the company's ongoing campaign to reduce costs. The move comes as Amazon continues to shift its focus away from brick-and-mortar retail and toward other areas, such as...
Read moreDuring a recent all-hands meeting at Google, tensions were high as executives sought to address some misconceptions among employees about the company's latest technology, Bard AI. The main message that the executives wanted to convey was that Bard AI has applications beyond search. For those who are not familiar...
Read moreMeta, formerly known as Facebook, has recently announced a significant price reductions for its virtual reality (VR) headsets. This news has generated a lot of excitement in the tech world, and it could mark a turning point in the adoption of VR technology. Meta has reduced the price of...
Read moreEquities in Asia are on the rise, as investors appear to be optimistic about the prospects for economic growth in the region. However, this positive trend is tempered by China's decision to set a conservative goal for growth target. According to a report by Reuters, China's government is looking...
Read moreApple has recently blocked an update of an ChatGPT Powered App, an AI-powered chatbot platform. The decision has left the app's developers and users frustrated and concerned about the future of their product. ChatGPT is an innovative AI-powered chatbot platform that uses machine learning algorithms to generate human-like responses...
Read moreAfter President Biden's proposed Inflation Reduction Act (IRA), many companies are re-evaluating their investment plans in Europe. One notable company among them is Tesla, but they are not alone in this re-evaluation. The IRA is a sweeping infrastructure plan that seeks to invest $1.2 trillion in transportation, broadband, and...
Read moreThe 'Father of the cell phone', Martin Cooper, has been in the technology industry for over 50 years, and he has made a bold prediction about the future of electronic devices. Major Points According to Marty Cooper, who is widely regarded as the father of the cell phone, future...
Read moreJPMorgan has downgraded its rating on Nio, a leading Chinese electric vehicle maker, amid concerns that investor expectations for the company have become too high. The investment bank warned that the recent run-up in Nio's stock price has led to overblown expectations, while a recent earnings miss has added...
Read moreXiaomi, a major Chinese smartphone manufacturer, is known for producing high-quality devices at affordable prices. However, the company has set its sights on the premium smartphone manufacturer market with its latest release, the Xiaomi Mi 12 Ultra. Priced at $1,000, the Mi 12 Ultra is designed to compete with...
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