Why Is Big Tech Still Cutting Jobs?
After a year of big layoffs, job cuts at the tech industry’s largest companies trickled into the first month of 2024. Google started the year with layoffs of several hundred employees and a promise of […]
After a year of big layoffs, job cuts at the tech industry’s largest companies trickled into the first month of 2024. Google started the year with layoffs of several hundred employees and a promise of […]
Last year, Mark Zuckerberg declared 2023 to be a “year of efficiency.” His company, Meta, soon laid off a third of its employees. Amazon, Google and Microsoft also cut tens of thousands of workers. Their […]
Amazon said on Monday that it was abandoning plans to buy iRobot, the maker of the self-driving Roomba vacuum, after regulators raised concerns the deal would hurt competition. The announcement is a rare admission of […]
In September, Amazon said it would invest up to $4 billion in Anthropic, a San Francisco start-up working on artificial intelligence. Soon after, an Amazon executive sent a private message to an executive at another […]
Ring, a home security camera company owned by Amazon, said that it would stop letting police departments request users’ footage in its app amid longstanding concerns from privacy advocates about the company’s relationship with law […]
The Federal Trade Commission launched an inquiry on Thursday into the multibillion dollar investments by Microsoft, Amazon and Google in the artificial intelligence start-ups OpenAI and Anthropic, broadening the regulator’s efforts to corral the power […]
There’s an old saying about the news business: If you want to make a small fortune, start with a large one. As the prospects for news publishers waned in the last decade, billionaires swooped in […]
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