Oct 23 WATCH: Biden announces new tech hubs in 32 states during remarks on Bidenomics and economy By Darlene Superville, Associated Press The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness. Continue reading
Sep 15 European regulators hand TikTok $368 million fine for failing to protect kids' privacy By Kelvin Chan, Associated Press It's the first time that the popular short video-sharing app has been punished for breaching Europe’s strict data privacy rules. Continue reading
Aug 09 Biden issues an executive order restricting tech investments in China By Josh Boak, Associated Press In a sign of growing strains between the world's two biggest powers, Biden has signed an executive order to block and regulate U.S.-based investments going toward China for computer chips, micro electronics, quantum technologies and AI. Continue reading
Apr 26 Microsoft-Activision gaming deal blocked by British regulators By Kelvin Chan, Associated Press The biggest tech deal in history was thwarted over worries that it would stifle competition in the fast-growing cloud gaming market. Continue reading
Mar 20 Amazon to cut 9,000 more jobs in second round of layoffs By Haleluya Hadero, Associated Press The job cuts would mark the second largest round of layoffs in the company’s history. Amazon had already cut 18,000 in the past few months. Continue reading
Mar 14 Silicon Valley Bank's collapse rattles tech industry leaders, entrepreneurs By Michael Liedtke, Associated Press “They were the gold standard, it almost seemed weird if you were in tech and didn’t have a Silicon Valley Bank account,” Stefan Kalb, CEO of Seattle startup Shelf Engine, said during an interview. Continue reading
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