Technology Archives - Page 158 of 215

Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year

Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year

Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year...

Meta to lay off 10,000 more workers after initial cuts in November

Technology2 years ago

Meta to lay off 10,000 more workers after initial cuts in November

Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and...

Google is bringing AI chat to Gmail and Docs

Technology2 years ago

Google is bringing AI chat to Gmail and Docs

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images...

GitLab loses one-third of its value after software company issues weak revenue forecast

Technology2 years ago

GitLab loses one-third of its value after software company issues weak revenue forecast

People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq GitLab shares plunged as much as 38% in extended trading after the provider...

ChatGPT and generative AI are booming, but the costs can be extraordinary

Technology2 years ago

ChatGPT and generative AI are booming, but the costs can be extraordinary

OpenAI CEO Sam Altman speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, on February 7, 2023. Jason Redmond |...

SVB crisis shows Fed needs to slow down or a 'lot more stuff is going to break,' Altimeter's Gerstner says

Technology2 years ago

SVB crisis shows Fed needs to slow down or a ‘lot more stuff is going to break,’ Altimeter’s Gerstner says

As the fallout from Silicon Valley Bank‘s failure continues to unfold, the Federal Reserve needs to slow down before “a lot more stuff” breaks, Altimeter Capital’s...

Neuralink competitor Science launches new platform to accelerate medical device innovation

Technology2 years ago

Neuralink competitor Science launches new platform to accelerate medical device innovation

A Science employee at work in the lab. Courtesy: Science Corporation Biotechnology startup and Neuralink competitor Science on Monday launched a new platform that aims to...

Silver Lake and CPP Investments to acquire Qualtrics for .5 billion

Technology2 years ago

Silver Lake and CPP Investments to acquire Qualtrics for $12.5 billion

Signage in front of Qualtrics International Inc. headquarters in Provo, Utah, U.S., on Monday, Jan. 11, 2021. George Frey | Bloomberg | Getty Images Silver Lake...

Technology2 years ago

ChatGPT and Generative AI are booming, but at a very expensive price

OpenAI CEO Sam Altman speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, on February 7, 2023. Jason Redmond |...

Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks

Technology2 years ago

Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks

One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora,...

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

Technology2 years ago

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

A delivery person drops off pizzas at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images...

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Technology2 years ago

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Banking regulators devised a plan Sunday to backstop depositors with money at Silicon Valley Bank, a critical step in stemming a feared systemic panic brought on...

Investors implore the government to step in after Silicon Valley Bank failure

Technology2 years ago

Investors implore the government to step in after Silicon Valley Bank failure

Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank’s assets...

Amazon's drone business can't get off the ground as regulations, weak demand stymie progress

Technology2 years ago

Amazon’s drone business can’t get off the ground as regulations, weak demand stymie progress

David Carbon, vice president of Prime Air at Amazon.com Inc., speaks during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts,...

Founders swarmed SVB’s Bay Area branches looking for answers after bank's historic failure

Technology2 years ago

Founders swarmed SVB’s Bay Area branches looking for answers after bank’s historic failure

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan...

Stablecoin USDC breaks dollar peg after firm reveals it has .3 billion in SVB exposure

Technology2 years ago

Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure

Logo of Silicon Valley Bank is at a location in San Francisco, California, U.S. March 10, 2023. Staff | Reuters The U.S. cryptocurrency firm Circle’s USD...

Companies scramble to meet payroll, pay bills after SVB's swift failure

Technology2 years ago

Companies scramble to meet payroll, pay bills after SVB’s swift failure

Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images The sudden...

Silicon Valley investors and founders express shock, describe struggles to get money out of SVB

Technology2 years ago

Silicon Valley investors and founders express shock, describe struggles to get money out of SVB

Nikolas Kokovlis | Nurphoto | Getty Images Venture capitalists and technology executives are scrambling to make sense and account for the potential repercussions of the sudden...

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

Technology2 years ago

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is the largest U.S....

Venture capitalists urge startups to withdraw funds from crisis-laden Silicon Valley Bank

Technology2 years ago

Venture capitalists urge startups to withdraw funds from crisis-laden Silicon Valley Bank

Venture capital firms on both sides of the Atlantic have been urging their portfolio companies to move money out of embattled lender Silicon Valley Bank, deepening fears...

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Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year

Meta to lay off 10,000 more workers after initial cuts in November

Google is bringing AI chat to Gmail and Docs

GitLab loses one-third of its value after software company issues weak revenue forecast

ChatGPT and generative AI are booming, but the costs can be extraordinary

SVB crisis shows Fed needs to slow down or a ‘lot more stuff is going to break,’ Altimeter’s Gerstner says

Neuralink competitor Science launches new platform to accelerate medical device innovation

Silver Lake and CPP Investments to acquire Qualtrics for $12.5 billion

ChatGPT and Generative AI are booming, but at a very expensive price

Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Investors implore the government to step in after Silicon Valley Bank failure

Amazon’s drone business can’t get off the ground as regulations, weak demand stymie progress

Founders swarmed SVB’s Bay Area branches looking for answers after bank’s historic failure

Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure

Companies scramble to meet payroll, pay bills after SVB’s swift failure

Silicon Valley investors and founders express shock, describe struggles to get money out of SVB

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

Venture capitalists urge startups to withdraw funds from crisis-laden Silicon Valley Bank

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