Demand for Tesla cools in China: Competition from cheaper Chinese-made EVs could be putting a damper on Tesla adoption and hiring at the company.
The dark side of Lensa: The popular app collects user images to create highly polished digital avatars, but there are serious concerns on privacy, copyright infringement, and the creation of NSFW content.
Musk loyalists put to the Twitter stress test: Bedrooms for Musk associates at Twitter’s headquarters, lawsuits, and failed content standards give competing social media platforms an opportunity to attract users.
Ransomware resulted in massive email outage: Rackspace blames a ransomware attack for shutting off its hosted exchange hosting service. An SEC filing anticipating lost revenue could signal loss of customer data.
Amazon underestimates its customers: The tech giant has launched a program paying shoppers $2 per month for their data. But with digital privacy a top concern, consumers might not be interested.
Headless commerce technology vendor Elastic Path is in growth mode: That isn’t surprising as retailers and brands increasingly look for more control over how they function online.
China eases COVID-19 mandates: Restrictions are lifting as Beijing softens its stance on zero-COVID, but uneven implementation, worker shortages, and production migration could prolong economic recovery.
Tech’s recession another blow to Gen Z: After pandemic disruptions, career paths are foiled by tech’s upheaval. More schooling and work in other sectors have consequences for the tech industry.
Switzerland eyes draconian grid-saving measures: Amid a European energy crisis that’s growing dire as winter approaches, officials are considering an EV ban. Incorporating hydrogen and advanced solar is another option.
Security incident breaks Rackspace hosted email: Loss of access to emails exposes the fragility of relying on cloud providers to handle and protect businesses data. Backspace’s failure could cost customers millions.
Gaming’s golden age begins: A recession-proof gaming industry could be tech’s bright spot in 2023, with major title and console releases and heightened interest driven by generative AI and VR.
Amazon stumbles on its own missteps: The tech giant doubles its layoffs plan as it buckles under economic pressure. Its own ecommerce and cloud errors are partly to blame.
Biotech firms suffer job cuts: Being in one of the biggest growth sectors in technology has not insulated the biotech sector during tech’s cold winter, but there are signs that it could be one of the first sectors to bounce back.
Retailers are increasingly turning to robotics to enhance their operations: No longer just for early adopters like Amazon, automation is taking retail by storm, from the warehouse and the fulfillment center to the cashier.
Tesla takes on the semitrailer truck market: As competition in EVs intensifies, Tesla ships its first Semi to show a diversifying product mix. Meanwhile, various recalls pile up, exposing a pattern of QA mishaps.
Android’s fragmentation breeds vulnerability: Millions of devices from Samsung, Xiaomi, LG, MediaTek, szroco, and Revoview have had security keys leaked—leaving all the data available to attackers.
Veterans Affairs wants to be ‘best place’ for laid-off tech workers: Tech layoffs increased in November, but other sectors have a window of opportunity to scoop them up.
Ultrafast delivery app downloads exploded worldwide during the pandemic. The top 10 apps in this space were downloaded 23.1 million times collectively in Q1 2022, according to Apptopia. Getir leads by a wide margin, ahead of rivals like Gopuff and Gorillas.
US chip production accelerated by uncertainty in China: TSMC is fast-tracking plans to ramp up to 4-nanometer chips and will build an additional fab in Arizona. The tech gap between the US and China widens.
Musk finds inner peace at Apple Park: Tim Cook invites Elon Musk for a tour of Apple’s campus and eases tension over App Store policies. But Twitter still faces regulatory challenges.