With Microsoft adding artificial intelligence to its Bing search engine, CEO Satya Nadella sees another opportunity to challenge Google’s dominance.
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Alphabet lost US$100-billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video.
Zoom Video Communications will cut about 1 300 jobs as demand for the company’s video conferencing services slows with the waning of the pandemic.
Promoted | Most mid-market employees are restricted by tedious processes and a lack of workplace automation.
Dell Technologies, facing plummeting demand for PCs, will eliminate 6 650 jobs.
Apple, Amazon.com and Alphabet posted results on Thursday that show an economic slowdown is throttling demand.
Apple forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as production had returned to normal.
Convergence Partners, the technology-focused private equity firm chaired by Andile Ngcaba, has closed a new digital infrastructure fund at $296-million.
Intel has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year.
Prosus and its parent Naspers are planning to cut their corporate workforce by 30%, becoming the latest companies in global tech to announce layoffs.