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Category Archives: Tech
Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024
ASML, a Dutch company that makes machines required in the manufacturing of the world’s most advanced chips, has been caught in the U.S.-China tech battle.
eBay plans to cut 1,000 jobs because it couldn’t grow enough
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans to cut contract … Continue reading
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Kittl raises another $36 million for its browser-based design tool
Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again. The Berlin-based startup has been working on a graphic design tool that you … Continue reading
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The China chip war heats up
Citing national security risks, the U.S. has made significant efforts to stop or at least limit China’s access to advanced processors used for AI and high-performance computing (HPC) applications. China is not happy that the United States was able to … Continue reading
Microsoft hires a project manager to create small-scale atomic reactors
Hiring a project manager to create small-scale atomic reactors, called small modular reactors (SMRs), is no easy task — but Microsoft has done just that. Archana “Archie” Manoharan has been selected for this esteemed position. Manoharan has worked in the … Continue reading
Are Lucky Pals in Palworld the same as Shiny Pokemon?
With everybody assuming Palworld was just a basic Pokemon rip-off, including ex-employees of the Pokemon Company, it stands to reason that the game should have the Palworld equivalent of Pokemon Shinys then. Shinys in Pokemon are rare shiny spawns of … Continue reading
Sony CEO says AI should not replace creatives
Kenichiro Yoshida, Chair and CEO of Sony Group gave a candid interview to Norges Investment Bank’s Nicolai Tangen, speaking openly about Sony’s approach to subscription gaming and the application of artificial intelligence (AI) in the creative process. AI and game … Continue reading
Bluewhite start-up secures $39m to build tractor driving robots
Israeli startup, Bluewhite, has secured $39 million in funding to advance its development of autonomous robots that can be retrofitted to any tractor to operate it autonomously, reports TechCrunch. The robots are to be sold as a Robots-as-a-Service play instead … Continue reading
EBay to eliminate about 1,000 jobs, or 9% of full-time workforce
EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equating to 1,000 full-time employees
Netflix password crackdown fuels sign-up surge
The company is planning price increases, even as many new users opt for its cheaper plan with adverts.