Activist investor pressures Salesforce to slash staff: A string of tech layoffs last week follows the Fed’s interest rate hike. But tech talent scavengers should keep companies on their toes.
Meta faces painful reality: The company’s transition to a VR ecosystem could hit a wall as economic headwinds, plummeting stock value, layoffs, and hiring freezes force Zuckerberg to take a hard look at Meta’s needs.
AI’s ‘Napster’ moment, but much bigger: The frenzy around generative AI’s abilities has triggered the first lawsuit claiming copyright infringement by Microsoft and OpenAI. The outcome could have global ramifications.
Sen. Elizabeth Warren suspicious of Big Tech’s carmaking ambitions: Google lends its software expertise to help Renault build vehicles digitally. It’ll meet consumer demand for connected cars but also trigger antitrust scrutiny.
Microsoft faces new antitrust probes in Europe: A coalition of 24 cloud providers filed a complaint against Microsoft Azure—renewing antitrust scrutiny on the company’s bundling practices, which could lead to fines and penalties.
Throttling processors risks slowing innovation: Semiconductors are a battleground in the tech cold war between the US and China, and now manufacturers are scaling down performance to comply with chip bans.
Call of Duty transcends gaming’s slump: Activision Blizzard’s shares are up following a Call of Duty sales milestone. With Microsoft’s deal still pending, competition and a recession could test its resilience.
Transparent solar panels work well on cloudy days: Swiss researchers have made a solar energy breakthrough that makes the tech more versatile and attractive. Expect more solar improvements ahead.
Our latest forecasts on media and tech usage in Japan offer a glimpse of what’s expected.
Tech workers might fare better than employers: Tech is having another bad week with layoffs and hiring freeze announcements. The strong labor market means these workers can find roles elsewhere.
Chaos reigns at Twitter: The company takes on an impulsive character as it lays off half its staff but then implores ex-employees to return. Advertisers are pausing while new features are stalled until after the midterm elections.
AI art creating a monster: The tech industry has been searching for new products that hook consumers. It’s likely struck gold with AI art, but there will be major repercussions.
Apple warns of iPhone shortages: China’s lockdowns and supply chain disruption could accelerate Apple’s plans to find manufacturing alternatives in other countries as it prepares to have fewer iPhone 14 Pros for the holiday season.
We delve through PayPal’s Q3 earnings report to give you the main takeaways.
Can an AI recruiter save a troubled labor market? AI could disrupt recruiters’ jobs. Turn’s Brian Gaspar spoke with us about bias in AI and how to hire the right talent.
China’s government goes all in on VR: An ambitious plan targets shipping 25 million VR, AR, and mixed reality headsets by 2026 as China looks to bolster its digital economy and own its future metaverse platforms.
Former ‘world’s most powerful person ever’ taking Meta on a wild ride: Company shareholder meetings are filled with ire over Zuckerberg’s plans, but there’s consolation in the bigger picture, and risk.
Google gives robots more autonomy: The tech giant advances its PaLM-SayCan research with automated code completion. It’s a compelling path for more capable bots with implications for human workers.
Here’s what banks can do to protect against the growing threat of cyberattacks.
Tablets and Chromebooks slump: Vendors are looking to double down on Windows PCs as more-affordable computer hardware loses luster, likely due to saturation or slow innovation in the sector.