Microsoft to Cut 3,200 Jobs in Xbox Division Amid Business Struggles
Microsoft plans to eliminate 3,200 positions from its Xbox division after reporting severe profit margin declines and slowed growth in key gaming services
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Google DeepMind Union Talks Falter Amid Leadership Absence
Google DeepMind’s union recognition discussions in London stalled after employees criticized senior management’s absence and alleged intimidation tactics during early negotiations
AI Chip Demand Drives Rising Prices for Consumer Electronics
Apple, Microsoft, and others raise gadget prices as soaring demand for AI data center chips triggers a global memory and storage chip shortage
Tech Giants Face Consumer Adoption Challenges Amid AI Investment Surge
Big tech companies are investing trillions in AI infrastructure, but consumer reluctance and uncertain returns raise questions about the sustainability of their massive spending
Apple and Microsoft Raise Prices Amid Rising Chip Costs
Apple and Microsoft are increasing prices on key products like MacBooks, iPads, and Xbox consoles as soaring semiconductor costs pressure the consumer electronics industry
Waymo Recalls Nearly 3,900 Robotaxis Over Construction Zone Safety Flaw
Waymo is recalling thousands of robotaxis after their self-driving software repeatedly failed to detect freeway construction zones, leading to unsafe driving incidents in Arizona…
Meta CTO Acknowledges ‘Atrocious’ AI Reorganization, Promises Improvements
Meta’s CTO Andrew Bosworth admitted the company mishandled its AI division reorganization, pledging better communication, career growth opportunities, and restored workplace perks
Tech Firms Grapple with Rising AI Token Costs Amid Growing Usage
Silicon Valley companies including 8x8, Meta, and others are navigating soaring AI usage costs by implementing token monitoring and budget controls as AI tools…
SpaceX to Acquire AI Coding Startup Cursor for $60 Billion
SpaceX announced it will purchase AI coding assistant Cursor for $60 billion in an all-stock deal, aiming to enhance its AI capabilities in software…
Meta Tested Pentagon-Linked Face Recognition Software for Smart Glasses
Meta licensed face recognition technology from a Pentagon supplier for prototype use in its Ray-Ban and Oakley smart glasses before removing it from consumer…