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IBM Seeks Volunteers for Layoffs, Targeting 80% Reduction in Worldwide Staff
Asking staff to volunteer for layoffs is a way for IBM to reduce staff as part of its restructuring move, particularly in improving client demands.
Hawaii Becomes the 4th State to Have Federally Funded EV Charging Station — And It's on Maui
Hawaii has become the fourth state to have a federally funded electric vehicle (EV) charging station.
Salesforce's Chief Ethical Officer Optimistic About US AI Regulation, Says Momentum is Building
Amid rapid AI development, Salesforce's Paula Goldman sees hope for US regulation, citing bipartisan support. Despite challenges, the company thrives financially, fueled by AI integration in its offerings.
Elon Musk Files Lawsuit Against OpenAI CEO Over Contract Breach And Prioritization Of Microsoft's Interests
The lawsuit alleged that OpenAI effectively became a closed-source arm of Microsoft rather than pursuing its original mission.
Latest News
Virgin Galactic has announced a pause in its space flights to redirect resources to developing its next-generation Delta-class spacecraft.
Electronic Arts has announced its plan to reduce its workforce by about 5%. Electronic Arts has announced its plan to reduce its workforce by about 5%, or roughly 670 employees, amid ongoing layoffs in the technology and gaming industry.
Dell Technologies witnessed a surge of over 15% in its shares following the release of its fourth-quarter results.
Former President Donald Trump is facing a new lawsuit alleging that he attempted to "drastically dilute" the value of stock shares held by co-founders of his social media platform, Truth Social.
Snowflake CEO Frank Slootman's decision to step down caused an 18% decline in the company's stock price.
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
Apple permitted occasional discounts to their iPhone 15 models in China to stimulate demand as competition with other brands intensified.
The $1.4 billion potential sales loss for the World's biggest brewery was compounded by a nearly 7% drop in sales in Hong Kong and further declines in China for its Asia business.
President Biden injects $9.8B into public transit, boosting connectivity and sustainability. Largest funding in U.S. history addresses immediate needs and fosters long-term infrastructure goals.
Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.