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Amazon’s Massive Job Cuts Hint at More Pain for Tech Sector in 2023 Amid Recession Fears

by Maya Ortiz
Amazon’s Massive Job Cuts Hint at More Pain for Tech Sector in 2023 Amid Recession Fears

The massive job cuts by Amazon, one of the biggest private employers in the US, show the wave of layoff sweeping through the tech sector could stretch into 2023 as …

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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

by Maya Ortiz
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs …

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Big Tech Gets Support From EU Regulators Against Telcos’ Network Fee Push

by Maya Ortiz
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

EU telecoms regulators’ group BEREC on Friday warned the European Commission against proposing legislation pushed by the sector to get Big Tech’s help to pay for the rollout of 5G …

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Google’s latest antitrust trial to focus on Play Store app prices

by Anas Siddiqui
Google’s latest antitrust trial to focus on Play Store app prices

Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter …

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Layoffs Alone Won’t Solve Tech’s Problems: Parmy Olson

by Maya Ortiz
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

The world’s largest tech companies are promising across the board to spend less, new territory for an industry that thrives on perks. Already last year, Facebook parent Meta Platforms shut …

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US Senators Said to Be Working on Bill to Restore Net Neutrality Rules

by Maya Ortiz
US Senators Said to Be Working on Bill to Restore Net Neutrality Rules

Two US Senate Democrats active in internet issues are working on a bill to restore landmark “net neutrality” rules that would bar telecommunications companies from blocking or throttling traffic or …

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Opinion: John Lee’s 2023 policy address shows Hong Kong is waking up to new realities

by Ron Morgan
Opinion: John Lee’s 2023 policy address shows Hong Kong is waking up to new realities

On October 25, Chief Executive John Lee Ka-chiu delivered his second policy address with continuing emphasis on the economy and a wide gamut of measures to improve livelihood, from land …

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Amazon’s Cloud Unit Partners With Startup Hugging Face to Target AI Developers

by Maya Ortiz
Amazon’s Cloud Unit Partners With Startup Hugging Face to Target AI Developers

Amazon Web Services (AWS), the cloud computing arm of Amazon.com, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry …

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Google Parent Stock Slides Despite Profit, Sales Beats

by Anas Siddiqui
Google Parent Stock Slides Despite Profit, Sales Beats

Topline Google parent Alphabet topped headline forecasts in its third quarter earnings report Monday, with digital advertising revenue proving robust as advertisers loosened their belts on spending despite economic turbulence, …

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Meta Steps Up Chatbot Buzz, Announces Research Tool LLaMA as Rival to Microsoft’s ChatGPT, Google’s LaMDA

by Maya Ortiz
Meta Steps Up Chatbot Buzz, Announces Research Tool LLaMA as Rival to Microsoft’s ChatGPT, Google’s LaMDA

Meta Platforms introduced a research tool for building artificial intelligence-based chatbots and other products, seeking to create a buzz for its own technology in a field lately focused on internet rivals …

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