After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […] © 2024 TechCrunch. All rights reserved. For personal use only.
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […] © 2024 TechCrunch. All rights reserved. For personal use only.
Big tech share prices were dented by a sector-wide sell-off of risky assets last week, ahead of earnings results for some of the 'Magnificent Seven'.
Experts say tech outages do seem to be happening more often.
The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...
We discuss these changes and other developments in consumer tech news with Houston Chronicle columnist Dwight Silverman.
The UK’s competition regulator has warned that a small number of powerful tech firms have the potential to use their size to dominate the AI market. Speaking at a conference in Washington DC, Sarah Cardell, chief executive of the Competition and Markets Authority (CMA), noted the growing presence in the AI foundation model market of […]
It's increasingly clear we're not allowed to share select thoughts in public. We saw that with Hunter Biden's laptop and contrarian views about the pandemic. The Twitter Files exposed how both topics got censored beyond a reasonable doubt. https://twitter.com/EricAbbenante/status/1775251012481134787 https://twitter.com/nypost/status/1591059661439975424 In each case, Big Tech made sure the truth couldn't dent The Narrative. Now, two separate film projects may be facing Big Tech censorship. And,...
CNBC's Jim Cramer said next week's PCE index report will be the real gauge of inflation.
Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The […] © 2024 TechCrunch. All rights reserved. For personal use only.
Samsung sold 60.1 million units in Q1 - more than any other manufacturer. Apple took the top spot for the first time last year with strong iPhone sales. Now competition with Android makers like Xiaomi is heating up