Economic pain won’t last forever, but tech’s bad decisions might: Big Tech tumbles on Wall Street again and tech layoffs keep accruing. But a short recession could make impulsive moves unwise.
Positive movement in the chip sector: Samsung aims for 2 nanometer chips, Intel tries its luck with GPUs, and Micron plans to invest $100 billion in a New York factory.
Calendar marked for Y2Q on April 14, 2030: With quantum computing advancing and hackers taking notice, Cloudflare’s quantum-secure encryption isn’t as premature as it seems. Action now could prevent cybersecurity devastation.
Google exits cloud gaming: Expect Big Tech to continue retreating from moonshots by abandoning underperforming services and products to focus on profitable assets.
Key takeaways from Tesla AI Day: Elon Musk has an ambitious plan to rebrand Tesla from EV-maker to tech company. With Optimus, Tesla has a chance to lead on robotics.
Lenovo likes the metaverse’s serious side: The laptop-maker sends a message that the metaverse isn’t a game with its workplace headset. As enterprises crave virtual worlds, it’s a promising bet.
Focus on cross-platform messaging: Google is ramping up pressure on Apple to adopt Rich Communication Services (RCS) as an equitable cross-platform standard. We breakdown RCS and its potential to unify mobile messaging.
Tencent’s stock value crumbles: The gaming giant loses its leadership position as regulators clamp down on new game releases and advertising revenues plummet. The outlook remains bleak for China’s Big Tech sector.
Omnipresent Amazon craves omniscience: The company’s latest products show it wants to get even closer to customers in the real world. But with concerns over privacy and security, there could be trouble ahead.
Twitter accidentally ran ads alongside child sex abuse content
Dissecting the metaverse in the metaverse: A VentureBeat event on the metaverse showed the tech has a long way to go. But proactive organizations can already adopt its building blocks.
Despite slowing sales growth, US ecommerce sales will top $1 trillion for the first time this year. Our “Reimagining Retail” podcast team spoke about the latest ways retailers are trying to streamline their ecommerce operations.
Competition coming for the Switch: More powerful devices that can leverage 5G connectivity and vast libraries of popular PC and mobile games will be the foundation for next-generation handheld gaming.
Big Tech no longer shoots for the moon: Silicon Valley giants are slashing their most ambitious projects due to market conditions. But the move may spell their future undoing.
Wasabi gives cloud customers what they want: The startup reaches unicorn status as it takes on Big Cloud with fresh funding. Its focus on cost-effectiveness makes it a strong contender.
IT spending trumps recession fears: A report shows that the looming recession isn’t dissuading companies from growing IT departments. But a struggling cybersecurity workforce might make it difficult to enact.
Feds give states long leash on EV charging station deployment: The USDOT has approved a $5B national rollout of EV charging stations. But few requirements could lead to a bungled job.
Money no longer fun at Google: Sundar Pichai faces off with employees over budget cuts. As a recession looms and tech’s fun money evaporates, there are other ways to keep employees happy.
Investors recoil from riskier tech bets: After record VC funding in 2021, 2022’s cash flow dwindles, especially for futuristic technologies. But government and corporate dedication could keep innovation on track.