Tag: Startup

The firm is reportedly in talks to raise $6 billion in funding…

Tech layoffs are accelerating, according to the data. The surge in staff cuts comes after reductions in human capital slowed so much in the back-half of 2023 that we wrote that “tech layoffs are all but a thing of the past.” At the time, reported layoffs had been trending down for months and months to…

On Friday, Microsoft revealed that it had been the victim of a hack carried out by Russian government spies. Now, a week later, the technology giant said that it was not the only target of the espionage operation. In a new blog post, Microsoft said that “the same actor has been targeting other organizations and,…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk Wednesday reiterated his demand for greater control over the company’s voting rights—to enable the company to pursue advanced AI and robotics technology—in a post on his social media platform X, hours after the company’s fourth-quarter earnings report for 2023 missed analyst estimates and caused…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla stock tanked Thursday after the company’s earnings report fell flat, as Elon Musk’s electric vehicle goliath grapples with shrinking margins as it expands output. Tesla CEO Elon Musk is the richest man in the world. Getty Images Key Facts Shares of Tesla were down roughly 9% to…

Tesla braces itself for the giant tech company to become its newest rival…

As AI increasingly moves from the cloud to on-device, how, exactly, is one supposed to know whether such and such new laptop will run a GenAI-powered app faster than rival off-the-shelf laptops — or desktops or all-in-ones, for that matter? Knowing could mean the difference between waiting a few seconds for an image to generate…

It has over 14,000 five-star ratings and tons of reviews raving about how it makes life easier…

Technology can sometimes move at the speed of light. And so, too, can technology executives. In a shock move, Web Summit announced today that Katherine Maher — who was hastily appointed to the role of CEO and chairperson of the events company only at the end of October 2023 — is stepping down from the…

TikTok is the latest tech company to mount another round of layoffs in an increasingly bleak January. According to NPR, which broke the news, TikTok cut about 60 jobs, mostly in sales and advertising. TikTok did not respond to our request comment before publication. Despite controversy in Congress over its Chinese parent company, TikTok —…