Big tech job cuts keep coming; Dell to trim headcount
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past…
Tech & Science
Prosecutors: Convicted CEO Holmes is a flight risk
Elizabeth Holmes made an “attempt to flee the country” by booking a one-way ticket to Mexico departing in January 2022, shortly after the Theranos founder was convicted of fraud, prosecutors…
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Tech industry job cuts come rapidly, in big numbers
Nearly 50,000 job cuts across the technology sector happened past months. Large and small tech companies went on a hiring spree in over the past several years due to a…
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Google axes 12,000 jobs, about 6% of its workforce
Google’s parent Alphabet Inc (GOOGL.O) is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook.…
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Meta fined 390M euros in EU Privacy Crackdown
Meta (META.O) must reassess the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, its lead privacy regulator in the bloc said…
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Musk cuts Twitter expenses by falling behind on bills
Elon Musk is not paying Twitter’s bills to cut expenses. Musk’s wealth destruction has become historic. The CEO of Tesla (TSLA), SpaceX and Twitter is worth $137 billion, according to…
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Microsoft video game workers’ first US labor union
Workers at Microsoft’s ZeniMax Studios have voted to form the tech giant’s first labor union in the US. Microsoft agreed to recognize the group after a “super majority” of workers…
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CES 2023: Tech world to gather and show off gadgets
CES 2023, the year’s biggest tech show, known as the Consumer Electronics Show, is back to Los Angeles this week. Companies will show next-gen TVs, stylish laptop updates, questionable smart…
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Frustrated Virtual Reality Pioneer left Meta Platforms
John Carmack, a titan of the technology industry known for his work on virtual reality as well as classic games like Doom and Quake, is stepping down from his role…
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FTC sues Microsoft-Activision Blizzard $69B merger
The FTC announced Thursday that it would sue to block Microsoft’s acquisition of gaming giant Activision Blizzard. Microsoft announced plans to buy the company, which has been plagued by sexual…
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Holmes’ form. partner gets 13 years in Theranos case
Sunny Balwani, Elizabeth Holmes’ former partner, sentenced in Theranos fraud case. Balwani was convicted of 12 counts of fraud and conspiracy in July. Ramesh “Sunny” Balwani, the former romantic partner…
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