Samsung reports its lowest yearly profit in the last 15 years
But the company is optimistic about 2024
PayPal is cutting 2,500 jobs globally in major workforce reduction
The payments giant is slashing 9% of its workforce a year after firing 2,000 people
Judge voids Elon Musk's $56 billion Tesla pay package, threatening his position as world's richest person
Musk is now considering changing Tesla's state of incorporation to Texas
IBM issues ultimatum to managers: relocate for in-office return or leave the company
IBM once said it wouldn't force remote employees back to the office
A hot potato: It's not just average workers who are being forced to leave the comforts of home. IBM has given an ultimatum to its remote managers: get back into the office or a client location for at least three days per week or find another job. The company's message to those who live too far away to comply with this demand? Move closer.
Developers are crying foul at Apple's new EU App Store rules
Spotify "can't afford" the new fees even though they are €11 million less per year than the status quo
Amazon terminates $1.4B acquisition of Roomba maker iRobot over EU regulatory concerns
Amazon saw no path to regulatory approval in the EU
SpaceX sued by wife of employee who has been in a coma since workplace accident 2 years ago
SpaceX has a questionable worker safety record
Marvell: Where do they fit in the world of semiconductors?
It's hard to see Marvell as an independent company five years from now
Tech layoffs and share prices don't add up: Cutting costs at financial peaks?
Could this be the start of the great AI replacement?
Intel next-gen Lunar Lake processors may leverage Samsung's LPDDR5X RAM with 3D packaging
Whether Samsung will be the sole provider is unclear
The Pokémon Company is investigating Palworld and the potential for IP violation
The second game to ever reach 2 million concurrent players on Steam
MIT study finds limited impact of AI on jobs requiring visual tasks
Algorithms could take decades to make a dent in the job market
Microsoft is laying off 1,900 employees at Activision Blizzard and Xbox
Fellow tech titans Google and Amazon have also laid off thousands this month
TSMC prepares for 1nm production as price hikes drive most semiconductor industry growth
Plans indicate rising Asia-Pacific tensions don't scare the company
The used smartphone market is booming, but people are hanging onto their handsets for longer
Many consumers keep the same phone for over 40 months
Europe first exaFLOPS supercomputer should fire up in less than a year
Modular construction will speed up contract completion and allow easy future upgrades
TurboTax deceived consumers with its "free" offering, the FTC rules
Software developer Intuit must stop advertising free service or products that many cannot access
Netflix says it didn't copy Amazon and "force" ads on subscribers, but it was considered
Amazon Prime ads arrive next week
BMW will add humanoid robots to its manufacturing plants, raising concerns over potential job losses
Starting in Spartanburg, South Carolina
Opinion: The big AI party is not cancelled, just postponed
No one is ready for any of that AI enablement... yet
HP CEO says customers who don't use the company's supplies are "bad investments"
"When we identify cartridges that are violating our IP, we stop the printers from working"
Pokémon-style survival RPG Palworld sells 6 million copies in first 4 days
Why it matters: Palworld, a new Early Access survival title that let's players tame and train Pokémon-like creatures, has topped the Steam Top Sellers chart, shifting 5 million copies in its first 4 days of release. Time may tell, but currently it seems to be more than just hype, the game has already amassed over 57 reviews and sits at "Very Positive" on Steam. At the time of writing, 93% of all reviews posted are positive.
HDD revenue retrospect: Charting nearly 70 years of hard drive financial data
AI boom predicted to halt sliding HDD revenue
PlayStation 5 sales decimated Xbox last year; Hogwarts Legacy took Call of Duty's best-selling-game crown
Despite Xbox having its best month ever in December