Enterprise
U.S. chip industry split over CHIPS act benefits to Intel
Intel Pentium CPU photographed after Intel revealed information about major flow in the chipsets. JP Black | LightRocket | Getty Images Several U.S. semiconductor firms are deliberating whether to oppose a package of chip industry subsidies if the final language of the legislation awaiting a vote in the Senate disproportionately benefits manufacturers like Intel, sources […]
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Microsoft cuts small percentage of employees as new fiscal year begins
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a panel session on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft said Tuesday it cut a small number of workers, days after the software maker began its 2023 fiscal year, […]
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Britain, South Korea reach data sharing agreement
Yuichiro Chino | Moment | Getty Images LONDON, July 5 (Reuters) – Britain has reached an agreement with South Korea that will allow businesses to share data with fewer restrictions and no contractual safeguards, the government said on Tuesday. The in-principle deal marks Britain’s first independent data adequacy agreement with a priority country since leaving […]
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Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years
Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Investors lowered the valuations of the world’s largest technology companies in the second quarter as central bankers ratcheted up […]
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Atlassian billionaire co-CEO Scott Farquhar saved a man’s life at a Las Vegas nightclub in April
Scott Farquhar, co-founder and co-CEO of the global software company, Atlassian, speaks at the National Maritime Museum in Sydney, April 10, 2018. Chris Hopins | The Australian Financial Review | Getty Images As co-CEO of collaboration software maker Atlassian, Scott Farquhar has had a tough year along with many of his industry peers. The company’s […]
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Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars
Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital […]
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Activision Blizzard shareholders approve proposal for report on abuse and harassment
Robert “Bobby” Kotick, chief executive officer of Activision Blizzard Inc., speaks during an interview in New York, U.S., on Wednesday, Nov. 10, 2010. Activision Blizzard Inc., controlled by Paris-based Vivendi SA, released “Call of Duty: Black Ops” worldwide yesterday and plans a new release of their “World of Warcraft” game in December. Jin Lee | […]
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DocuSign CEO Dan Springer steps down
Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign CEO Dan Springer is stepping down, the company announced Tuesday. The decision comes after the e-signature software maker lost more than 60% of its value year to date. The company didn’t provide a reason for his departure but said […]
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A.I. software called DALL-E turns your words into pictures
The DALL-E Mini software from a group of open-source developers isn’t perfect, but sometimes it does effectively come up with pictures that match people’s text descriptions. Screenshot In scrolling through your social media feeds of late, there’s a good chance you’ve noticed illustrations accompanied by captions. They’re popular now. The pictures you’re seeing are likely […]
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Adobe shares move lower after full-year projections fall short
Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company’s annual two-day event for customers and suppliers, ends Friday. Akio Kon | Bloomberg | Getty Images Adobe shares fell […]
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