Swedish telecoms giant Ericsson blamed “challenging mobile networks market” and “further volume contraction” for job losses
News Management
Trump’s Truth Social Makes Successful Market Debut
Shares in Donald Trump’s social media company rose about 16 percent after first day of trading on the Nasdaq
Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring
More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future
AI Poses ‘Jobs Apocalypse’, Warns Report
IPPR report warns AI could remove almost 8 million jobs in the United Kingdom, with low paid, youngsters and women most at risk
Fewer People Using Twitter After Musk Takeover – Report
Research data suggests fewer people are using Elon Musk's X, but platform insists 250 million people are using X everyday
Microsoft Hires DeepMind Co-Founder Mustafa Suleyman
AI push. Deepmind co-founder Mustafa Suleyman joins software giant Microsoft to lead newly created consumer AI division
Former Treasury Secretary Steve Mnuchin Gathers Investors To Buy TikTok – Report
But will China sell? Former US Treasury Secretary claims he is putting together investor group to buy China's TikTok
Meta Sues Former VP, After Move To AI Startup
Former data centre VP is sued by Mark Zuckerberg's Meta, which alleged “brazenly disloyal and dishonest conduct”
US House Gives ByteDance Six Months To Divest TikTok Or Face Ban
House of Representatives vote could force ByteDance to divest TikTok within six months, or face nationwide US ban
OpenAI Reinstates Sam Altman To Board Of Directors
New members join OpenAI's board of directors, including CEO Sam Altman, after conclusion of external investigation
US Bill To Ban Or Divest TikTok, Advances In House
TikTok faces fast-tracked vote in US House Of Representatives next week, after committee unanimously voted for ban or divestment
Women in Tech 2024
Explore the intersection of empowerment and innovation this International Women's Day. Discover the strides made by women in tech, celebrating their achievements and advocating for gender equality in the digital landscape.
US Congress Bid To Ban TikTok Or Divest Gathers Pace
Upcoming vote by House Committee on Energy and Commerce to ban TikTok in US, or insist on ByteDance divesting the app
Electronic Arts Cuts 5 Percent Of Staff Amidst Jobs Bloodbath
Electronic Arts latest videogame company to engage in mass layoffs as industry continues to reel from pandemic overhiring
Judge Signals Elon Musk May Lose Lawsuit Against Non-profit
Elon Musk's high profile lawsuit against a hate speech non-profit may be in trouble, after judge sounds sceptical note over its allegations
President Biden To Plug US Data Transfers To China, Russia Etc
US President issues executive order to protect Americans’ sensitive personal data from being transferred to hostile nation states
Apple Cancels Much Delayed Electric Car Project
Project Titan is dead. Apple reportedly winds down its delayed electric car project, after a decade of research and development
Expedia To Cut 8 Percent Of Workforce
After replacing its CEO earlier this month, Expedia confirms it will axe 1,500 jobs, or 8 percent of its workforce
Silicon In Focus Podcast: The Business Case for Mobile
Learn why your business should embrace more mobile devices to gain commercial advantages and an engaged workforce. We'll explore the challenges and opportunities that businesses face in leveraging mobile technologies to drive growth, e ...
China’s JD.com Considers Bid For UK Retailer Currys
Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers offer
China Offers Public Security Support For Tech Ally Hungary
China seeks to extend Hungary trade ties into public security, in unusual move for NATO and EU member that already hosts Chinese tech giants
Twitter Ghana Staff Finally Paid, More Than A Year After Layoffs
X, formerly Twitter, reaches settlement with Ghana-based staff more than a year after they were sacked in November 2022
Microsoft To Invest €3.2 billion In Germany, Mirroring UK Investment
Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a slumping economy
New York City Sues Social Media Firms Over Youth Mental Health
Cash grab or genuine? Social media firms face lawsuit from New York over a mental health crisis among young people
Cisco Confirms It Will Cut More Than 4,000 Jobs
Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed
Russian Court Orders Arrest Of Meta Spokesman
Empty threat? Court in Moscow orders arrest in absentia of Meta spokesman Andy Stone, over terrorism-related charges
Cisco To Cut ‘Thousands Of Jobs’ – Report
Staff at Cisco brace for bad news ahead of an earning statement this week, amid reports of thousands of layoffs
Elon Musk Ordered To Testify In SEC Twitter Takeover Probe
SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase
Meta Removes Facebook, Instagram Accounts Of Iran’s Supreme Leader
Iran’s Supreme Leader, Ayatollah Ali Khamenei, has his Facebook and Instagram accounts permanently removed by Meta
US To Invest $5 Billion In Semiconductor Research
White House confirms $5 billion from US Chips and Science Act will be used for semiconductor research and development