Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a slumping economy
TECHNOLOGY POWERING BUSINESS
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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
UK Government To Fund Two Semiconductor Research Hubs
Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market
Silicon In Focus Podcast: The Metaverse is Dead. Long Live the Metaverse
Welcome to Silicon In Focus Podcast, where we dive deep into the ever-evolving landscape of technology and its impact on society. In today's episode, we explore the complex and rapidly shifting realm of virtual spaces and digital exper ...
Elon Musk Continues Disney Feud, Funds Mandalorian Lawsuit
Lawsuit by Gina Carano against Disney over her firing from 'The Mandalorian', is supported with funding from Elon Musk's X
Google To Pay $350m To Settle Google Plus Privacy Lawsuit
Google settles shareholder lawsuit over its 2018 decision not to reveal data breach with its now defunct Google+ social network
Taylor Swift Threatens To Sue Student Who Clashed With Elon Musk
Florida student Jack Sweeney threatened with legal action by Taylor Swift, over location tracking of her private jet
Amazon Cuts Hundreds Of Jobs In Health Units
More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions
TSMC To Build Second Factory In Japan
World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota
UK EV Maker Arrival Collapses Into Administration
British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk
Snap Cuts 10 Percent Of Staff
Social media firm Snap cuts 10 percent of staff as last year's surge in tech company layoffs continues into 2024
Mark Zuckerberg Apologises To Parents At Senate Hearing
CEOs of Meta, TikTok, X and other platforms appear before Senate Judiciary Committee to discuss online protections for children
PayPal To Axe 9 Percent Of Global Workforce
Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm
Elon Musk $56 Billion Tesla Pay Package Vetoed By Judge
Judge rules against the $56 billion pay package for Elon Musk, after siding with legal challenge by Tesla investor
Apple Engineering Veteran Departs For EV Maker Rivian
Apple engineering veteran DJ Novotney leaves Apple for Rivian amidst string of senior executive departures
Silicon UK In Focus Podcast: The Future of GenAI
In this episode, we peer into the horizon of innovation as we delve into The Future of GenAI. Join us as we navigate through the dynamic landscape of genetic artificial intelligence, exploring its potential, ethical considerations, and ...
Salesforce Lays Off 700 Staff – Report
Microsoft Axes 1,900 Staff After Activision Acquisition
Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition
Meta To Reduce Unwanted Messages To Teens On Facebook, Instagram
Protecting teens. Social media giant Meta to impose stricter message settings for teenagers on Facebook and Instagram
CEO Of eBay Confirms 1,000 Job Losses
Internal memo to eBay staff confirms 1,000 jobs or 9 percent of full-time employees, will be axed to ensure firm's “long-term success”
SAP To Restructure 8,000 Jobs, Amid Business AI Push
Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”
Riot Games Cuts 11 Percent Of Staff In Latest Industry Job Losses
Tencent's Riot Games to cut 11 percent of staff as gaming industry continues 'course correction' after mass pandemic hiring
Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit
Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other divisions last week
Sheryl Sandberg To Step Down From Meta’s Board
Former operating chief Sheryl Sandberg is to step from board of directors at Meta Platforms, after quitting COO role in 2022