Jan 23 How many tech industry jobs have been cut in the past few months? By Associated Press In just the past month there have been about 50,000 job cuts across the technology sector. Here's a look at some of the companies that have announced layoffs so far. Continue reading
Jan 23 Microsoft announces major investment in artificial intelligence startup OpenAI By Matt O'Brien, Associated Press Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can generate readable text, images and computer code. Continue reading
Jan 23 Spotify becomes latest tech company to announce layoffs By Kelvin Chan, Associated Press Music streaming service Spotify said Monday it’s cutting 6% of its global workforce, or about 600 jobs. Continue reading
Dec 02 Watch 6:12 Tech industry hit with massive layoffs as other employers add jobs By Paul Solman, Ryan Connelly Holmes The latest jobs report is further confirmation of a labor market that may be slowing down but has proven more resilient than many have expected. Many sectors are continuing to add jobs, but that's not true in the tech sector,… Continue watching
Oct 05 Elon Musk says he is ready to buy Twitter again, at original $44 billion price By Tom Krishner, Matt O'Brien, Randall Chase, Barbara Ortutay, Associated Press Musk made the surprising turnaround in a letter to Twitter that the company disclosed in a filing with the U.S. Securities and Exchange Commission. Continue reading
Mar 17 Tech leaders could face prison if they don’t follow UK’s planned online safety rules By Kelvin Chan, Associated Press The ambitious but controversial bill gives regulators wide-ranging powers to crack down on digital and social media companies. Lawmakers still need to vote to approve the bill before it becomes law. Continue reading
Mar 01 WATCH: House panel explores legislation to protect online users, hold Big Tech accountable By Associated Press The House Energy and Commerce Committee is expected to hold a hearing about protecting online users and holding tech companies accountable when social media platforms are used in harmful ways. Watch here starting at 10:30 a.m. ET. Continue reading
Jun 17 Biden’s Federal Trade Commission pick is an energetic critic of Big Tech By Marcy Gordon, Associated Press President Joe Biden has installed an energetic critic of Big Tech as a top federal regulator at a time when the industry is under intense pressure from Congress, regulators and state attorneys general. Continue reading
Jun 08 Senate passes bill to boost U.S. tech industry to counter rivals By Kevin Freking, Associated Press The Senate has overwhelmingly approved legislation aiming to boost semiconductor production in the U.S. The bill is a bid to protect economic and national security in the face of growing international competition, most notably from China. Continue reading
Jul 28 WATCH: Bezos, Zuckerberg, Cook and Pichai testify on tech industry dominance By Marcy Gordon, Associated Press Four Big Tech CEOs are fending off accusations of stifling competition in front of a congressional panel that is investigating market dominance in the industry. Continue reading