Technology company owners dominated the World’s Billionaires List 2024 published by American magazine Forbes this week. Bernard Arnault, CEO of LVMH, the world’s largest luxury goods company, retained his position as the richest person in the world for the second ...

Apple is set to lay off more than 700 employees across eight different locations, following the recent cancellation of its ambitious ‘Project Titan’ – the long-awaited self-driving car initiative that has been in development for over a decade and cost ...

Tech giants like Google and Microsoft have joined forces to establish a task force to equip workers with skills for the era of artificial intelligence (AI). This effort recognizes the pressing demand for professionals proficient in AI technologies as job ...

Terragia Biofuel, a pioneering cleantech startup, has announced the successful closure of its seed financing round, securing a total of $6 million. The capital injection is earmarked for advancing the company’s innovative biology-centric approach to converting biomass into ethanol and ...

Jon Stewart is directing his criticism towards tech industry leaders for their “false promises” regarding artificial intelligence (AI) and its impact on employment. On Monday’s episode of “The Daily Show,” Stewart humorously scrutinized some of Silicon Valley’s most influential figures ...

Reports indicate that Amazon is continuing its layoffs, with the Amazon Web Services (AWS) cloud computing unit planning to cut “several hundred” positions in sales, marketing, global services, and “a few hundred” roles in its physical stores technology division. The ...

The recent powerful earthquake, the most significant in Taiwan since 1999, is expected to cause disruptions across Asia’s semiconductor supply chain, analysts suggest. Chipmakers such as TSMC and UMC have halted some operations to inspect facilities and ensure the safety ...

President Joe Biden and his Chinese counterpart Xi Jinping engaged in their first direct conversation since November, described by officials as “constructive,” although hints of long-standing tensions between the US and China emerged during Tuesday’s phone call. Xi emphasized Taiwan’s ...

Individuals familiar with the matter disclosed that Chinese corporations Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) utilized US technology to fabricate a sophisticated chip in China during 2023. Reportedly, SMIC employed technology sourced from California-based Applied Materials Inc and ...

Last week, sources familiar with the matter revealed that CITIGROUP executed a fresh round of job cuts within its US investment bank, marking the completion of a planned restructuring by the financial giant. The technology, media, and telecom sectors bore ...