Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 18:47
London-Based Startup Builder.ai Raises $250 Million
Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by
2023-05-23 17:26
China Blasts Japan Over Export Curbs on Chipmaking Technology
China lashed out at Japan over Tokyo’s new export restrictions on some chipmaking technology and said it would
2023-05-23 17:16
TikTok Will ‘Soon’ Grant Oracle Full Access to Code, Algorithm
TikTok will “soon” grant Oracle Corp. full access to its source code, algorithm and content-moderation material as part
2023-05-23 08:15
Biden Names FCC Picks, Pushes for Democratic Majority at Deadlocked Agency
President Joe Biden moved to lock in his first Democratic majority at the Federal Communications Commission, naming veteran
2023-05-23 05:54
Meta Fined Record €1.2 Billion in EU Over US Data Transfers
Facebook owner Meta Platforms Inc. was hit by a record €1.2 billion ($1.3 billion) European Union privacy fine
2023-05-22 17:20
Instagram Suffers Brief Outage Affecting Hundred of Thousands
Instagram, the popular photo-sharing app owned by Meta Platforms Inc., appeared to suffer an outage Sunday evening in
2023-05-22 08:58
Musk’s Lawyer Sends Letter to Microsoft on Twitter Data Misuse
Elon Musk’s top outside attorney sent Microsoft Corp. Chief Executive Officer Satya Nadella a letter Thursday, saying Microsoft
2023-05-19 11:50
Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending
Applied Materials Inc., the biggest maker of semiconductor-making machinery, expects sales to decline in the current quarter, though
2023-05-19 04:52
Meta’s Pricey Bet on AI Comes With New Custom Chips, Coder Tools
In Meta Platforms Inc.’s year of cost cutting and layoffs, there’s one area that’s seeing record spending: an
2023-05-19 00:29
Biden Intends to Pick Lawyer Anna Gomez for FCC to End Agency Deadlock
President Joe Biden intends to select veteran government lawyer Anna Gomez to serve on the Federal Communications Commission
2023-05-18 23:45
Amazon to Invest $12.7 Billion in India Cloud Services by 2030
Amazon.com Inc. plans to invest $12.7 billion in cloud infrastructure in India by 2030, joining other global tech
2023-05-18 11:27