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Category Archives: Tech
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.
Elon Musk says in email that Tesla sent ‘incorrectly low’ severance packages to some laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.
Google terminates 28 employees after multi-city protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project Nimbus.
Malaysia is unfazed by China, U.S. semiconductor competition, minister says
Malaysia appears to be benefitting from U.S.-China trade tensions, which has prompted companies to diversify their semiconductor operations.
Baidu releases new AI tools to promote application development
One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.
EU’s new tech laws are working – small browsers gain market share
Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals. … Continue reading
Dailyhunt-parent acquires newsstand app Magzter
VerSe Innovation, the parent firm of news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its … Continue reading
TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates
A new measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.
Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.
Consumer Financial Protection Bureau fines BloomTech for false claims
The CFPB is permanently banning BloomTech from consumer lending activities and its CEO, Austen Allred, from student lending for a period of 10 years. © 2024 TechCrunch. All rights reserved. For personal use only.
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