The world's largest chipmaker forecast a 16% sales tumble in Q2 as the tech sector slows down. Its plans for new factory locations could be in peril.
Meta fires its social media and metaverse techies: The latest round of layoffs includes a questionable gaming pivot. Like its Big Tech peers, Meta’s big picture, long-term strategy is missing.
OpenAI unlikely to meet Italy’s April 30 mandate: The EU’s GDPR requirements are wholly at odds with how a lot of generative AI models are trained. Tech companies should have anticipated fallout.
Expensive headsets aside, Apple already has the necessary developer, app, gaming, fitness, and streaming video ecosystems to build its next big thing.
Upstarts in China and traditional automakers in the US are forcing Tesla to discount existing inventory. How the EV leader responds could determine whether it maintains its position.
Cost-of-living pressures and stiffening competition are forcing savers to look harder for better rates. Here’s how banks can gain an edge.
Declining demand and rising costs are taking a toll. Samsung and Apple dominate the premium segment, leaving room for budget brands to thrive in emerging markets.
Amazon makes CodeWhisperer free, undercutting Microsoft: AWS’ recent moves are raising the generative AI competition among big cloud rivals. Loss leader strategies can’t last forever, and energy is a focal point.
US updates list of EVs that make the tax credit cut: Fewer model choices and lack of affordability reduce the effectiveness of government efforts to increase EV adoption.
Data center operators are finding it difficult to secure reliable and cost-effective power due to rising energy prices, increased power consumption, and supply chain shortages.
Several retailers look to harness generative AI’s potential: Instacart, Walmart, and Levi Strauss are among those testing potential use cases for the emerging technology.
Citing security concerns, the bill now goes to Gov. Greg Gianforte, who banned TikTok on state-owned devices. TikTok is pushing back, but other states could accelerate all-out bans.
Google, Musk, and OpenAI moves show corporate Darwinism in AI race: As tech gets closer to the holy grail of AGI, it’s getting harder for companies to apply the brakes.
Meta’s shares up 131% due to social media strategies: After getting hit by Apple’s privacy policies, Meta’s AI and video strategies position it to rival TikTok and Twitter—but there are caveats.
China still has some clout as the biggest chip market in the world, and the restrictions could spur competition and growth in domestic semiconductor production.
Optimizing its user interface for touchscreens could help to make Microsoft’s Windows 11 a viable option for gaming on future handheld devices without investing in a mobile console to compete with Nintendo or Sony.
Children’s safety advocates are pushing back on Meta’s plan to open the metaverse to minors in order to expand user adoption. An unmoderated metaverse without proactive security poses various dangers to minors.
With Bedrock, Amazon courts an array of AI startups: The platform offers a smorgasbord of generative AI tools for enterprise. But moves by Databricks and Meta could take model training in-house.
Climate tech demand isn’t being met: Federal funding is picking up the venture capital investment slack to a degree. But it’s not enough to fund the innovation and infrastructure required to fight climate change.