The University of Waterloo is expected to remove smart vending machines from its campus. A student discovered an error code that suggested the machines used facial-recognition technology. Adaria Vending Services said the technology didn’t take or store customers’ photos. Thanks for signing up! Access your favorite topics in a personalized […]
Tech
Two years of wrenching tech layoffs have weighed down the Bay Area’s job market in a big way — but experts say the impact has been somewhat mitigated by an industry realignment that’s led to significant hiring even as thousands of positions have been cut. For decades, Silicon Valley has […]
The technology industry continues to experience a wave of layoffs as 2024 begins. Over 34,000 employees have already lost their jobs across major companies like Google, Amazon, and more than 100 other tech firms in the first few weeks of 2024, according to Layoffs.fyi, a tech layoffs tracker. This highlights […]
There have been increasing job cuts since 2023 which have continued into 2024. In 2023, over 240,000 jobs were lost, which was a 50% increase from the previous year. Despite some earlier slowdowns in tech layoffs, it seems that cuts are starting up again. Tech companies are now focusing more […]
There is possibly some axiom in qualified journalism that suggests you should not give out cost-free ad to your competition — but because none of us have any official teaching in this form of matter and are just building it up as we go alongside — we’re a lot more […]
Salesforce stated on Wednesday it would lay off about 10% of its workers and near some workplaces, turning out to be the hottest tech firm to undertake value cuts amid an economic slowdown. The firm expects the transfer to guide to about $1.4 billion to $2.1 billion in charges, of […]
Handful of would argue that 2022 wound down in a rather tumultuous fashion for the tech earth. As Meta laid off additional than 11,000 workers to overcome its financial woes, Twitter began to go through intense surgical procedure at a fairly astonishing price adhering to the takeover by Elon Musk. […]
Steve Ballmer, the former CEO of Microsoft, lost $19.4 billion. Ballmer owns the NBA’s Los Angeles Clippers. Kimberly White/Getty Images The wealth of Ballmer, who was the CEO of Microsoft from 2000 to 2014, is mainly tied up in shares of the tech behemoth. After this year’s loss, he’s worth […]
Every Saturday we post a selection of articles from the week. These stories might include an eye-catching bit of news or a deep dive into a bigger theme. With the end of the year here, we dug through every one of those posts again to surface 25 stories that managed […]
The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Following a record-smashing tech IPO year in 2021 that featured the debuts of electric car maker Rivian, restaurant software company Toast, cloud software vendors GitLab and HashiCorp and stock-trading app Robinhood, 2022 has been a complete dud. […]