Business
Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses.
Sep 6, 2023
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Business
Italy's Agnelli family has acquired a 15-percent stake in Dutch medical technology firm Philips, the latest move into the health sector for the storied industrial dynasty, the two groups said Monday.
Aug 14, 2023
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Business
The wobbly Bay Area tech sector may be starting to stabilize after 18 brutal months of layoff announcements that revealed plans to chop more than 25,000 tech jobs in the nine-county region.
Jul 17, 2023
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Business
British telecoms group BT on Monday announced the departure of chief executive Philip Jansen, two months after the group axed up to 55,000 jobs to slash costs.
Jul 10, 2023
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Business
Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage.
Jun 22, 2023
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Business
The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven "bossware" tools that closely track the whereabouts, keystrokes and productivity of workers can also run ...
May 18, 2023
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Business
U.K. telecom company BT Group said Thursday that it plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence, as part of an overhaul aimed at slimming down its workforce ...
May 18, 2023
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Business
Amazon is asking Virginia for nearly $153 million in state incentive payments, which would be the first tranche of funds to be paid out since the tech giant agreed in 2018 to build a headquarters complex in the state.
Apr 20, 2023
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16
Business
Tech and biotech layoffs have worsened in the Bay Area, a fresh round of cutbacks resulting from job cuts at tech titan Microsoft and genetic testing firm Natera, according to official state government filings.
Mar 23, 2023
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27
Business
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
Mar 20, 2023
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