Meta agrees to sell Giphy: The UK’s CMA decision pulls Giphy away from Meta’s ownership and underscores the danger of closing a Big Tech merger without prior regulatory approval.
Widespread layoffs at Microsoft: The job cuts affect less than 1,000 but stretch across the organization in the latest example of Big Tech bracing for a recession.
Welcome to the world of white label EVs: Taiwanese multinational Foxconn is applying its component manufacturing model to its new EVs, which it is open to selling to other companies to brand as their own.
One year later, a new headset—and , a whole set of challenges: Nearly one year and $15 billion later, Meta’s vision for the metaverse remains optimistic even if a focus on business and productivity apps seems premature and risky.
Tech workers still have the upper hand: Big Tech spars with banks over workers and late-stage startups are in hiring mode, while a skilled-labor shortage means techies can be selective.
Tech cold war between US and China intensifies: As Chinese president Xi Jinping solidifies his third term, US federal regulators have intensified the ban of telecom equipment considered to be security threat
Microsoft dips its toes in the muddy AI-art waters: Tools based on the DALL-E 2 program will help content creators augment images. But commercial use is bound to trigger lawsuits.
iPhone charger removal results in $19 million fine: Apple gets dinged in Brazil for forcing new iPhone users to fork out more cash for necessary chargers—it’s the latest case against its consumer hostile decisions.
Small, easy, and ‘unhackable’: Qunnect is building a global quantum internet based on a flagship device that’ll be relatively simple to scale. Its infallible security could preserve our digital future.
Google eyes big banks as goldmine for new cloud customers: It showcased partnerships, new tools, and hardware to facilitate its global expansion plans at the fall event this week.
Roku’s smart home play: It’s leaning on its installed base of connected TVs as hubs for affordable smart home cameras, doorbells, and lights.
We Do Solar democratizes solar power: The Germany-based startup developed a solar array for renters that’s primed for strong sales amid the energy crisis. But there’s room for improvement.
Generative AI’s trillion-dollar wellspring: Tech shows its love for the arts as long as AI’s the artist. It’s an economic bright spot, but brace for ethical and legal controversy.
Microsoft’s shrinking Surfaces: Microsoft’s hardware offerings were meager this year as the company focused on popular products while remaining mum on its more daring moonshots.
Intel on the ropes: Competition, uncertainty, and stumbling PC sales could have Intel preparing to lay off thousands of employees when it is also seeking billions of dollars in investment for new factories.
GM’s Ultium home solution: The carmaker is seizing tax credit opportunities to launch a home energy division to rival Tesla’s. Strong residential sector partnerships are a necessary ingredient for success.
Flying taxis could get you to the airport by 2024: Delta Airlines is teaming up with Joby Aviation to offer flying taxi service, but safety regulations for flying EVs could take longer than their road counterparts.
Google Cloud bets big on Japan: The company will build its first data center on the island next year. Japan’s history, aspirations, and shortcomings makes it ripe for cloud expansion.
The chip ban might not work: China may have options to circumvent the US export ban. Meanwhile, semiconductor companies are bleeding and the ban’s benefit to national security remains dubious.
PC sales spiral but Mac sales are up 40% YoY: Cooling PC demand and uneven supply have contributed to a YoY contraction of 15% that’s likely to stretch into Q4. Apple’s steady supply has helped its growth.