Salesforce sheds 8,000 jobs: A sudden scramble towards austerity will affect 10% of the SaaS giant’s workforce, but also reveals the tech sector’s continued collapse in the face of uncertainty.
Taiwan is still the cradle of chip innovation: TSMC committed to its home country even as it broke ground in America, maintaining Taiwan’s dominance in chip production at a time of heightened geopolitical conflict.
Most laid-off techies found new jobs: Despite 2022’s job gutting, tech workers are faring well in other sectors. AI and semiconductors bode well for tech having a brighter 2023.
Tesla keeps inviting bad press: South Korea’s regulator says Tesla exaggerated its EV driving ranges. It’s the latest of many woes that could mean further loss of Tesla’s consumer appeal.
ogers-Shaw deal in jeopardy: The $26 billion merger would create the second-largest firm in Canada’s telecom oligopoly, but delays and uncertainty will drive down value.
Early adopters are shaping our commercial quantum future: The quantum computing industry is heating up as end users take investment risk. Skills deficits and technical errors are the stumbling blocks.
Tesla leads EV charge, but competition is around the corner: Tesla’s expansion is unparalleled, but so are its recalls and safety issues. Meanwhile, the rest of the automotive industry is slowly but steadily catching up.
European regulators intensified their investigations into Big Tech’s anticompetitive practices: Apple, Google, Meta, and Amazon parried with regulators throughout the year as various countries put tech giants in their crosshairs.
Automation set to explode: After a record year for industrial robotics deployment in 2021, organizations are planning for massive automation by 2025. It’ll help ease the pressure on industry from the tight labor market but leaves the future of work uncertain.
We look back at the year’s most disruptive Big Tech payment stories and how the Big Four have expanded in the space.
Not all startups are feeling the VC funding pinch: Investors are still funding startups, but they’re more selective, gravitating toward tech areas that show promise for enterprises without the risk.
Google expands its cloud but pivots to a simplicity sprint to counter the down economy: Innovation could be dialed down further for 2023 as Big Tech’s most multifaceted behemoth rethinks its strategies.
Walmart, Kroger, Walgreens ramped up warehouse automation in 2022 to compete with Amazon: We forecast that nearly half of retailers with major centers will use fulfillment robots by 2024 to fulfill consumers’ desire for faster delivery.
Cybersecurity industry is at a breaking point: Businesses are more worried about cybercrime than many other challenges just as cybersecurity professionals burn out en masse. Automation and partnerships could help.
Retailers and other businesses need to improve the customer experience: Only 45% of consumers are “very satisfied” with the way they connect with companies.
Will tech have learned its lesson during economic recovery? A mild recession in 2023 could give rise to tech’s recovery during the second half of the year. Expect industry caution.
AI, the creator … and destroyer? Potentially one of the most disruptive technologies in history, generative AI has caught the legal system flatfooted. Alongside litigation, expect commercialization to start maturing in 2023.
Twitter’s turbulent takeover: The Twitter-Musk saga is one of the biggest stories for 2022 that will likely continue into 2023. It could strangle other Musk-owned businesses like Tesla, which Musk is using to sell stock to keep Twitter afloat.
We look at 2022’s biggest tech flexes that changed the landscape of business or left us scratching our heads. The year saw Tesla’s CEO buying Twitter, Google exiting games, Amazon bringing back the dead, and TikTok expanding into various other segments.