Aaron Tilley / Wall Avenue Journal: How Apple’s lean hiring could assist it keep away from layoffs; Apple’s workforce grew 20% from 2019 to 2022, Amazon’s grew 100%, Meta 94%, Alphabet 57%, Microsoft 53% — The iPhone maker’s workforce grew 20% up to now three years, a far slower tempo …
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Current and ex-Amazon managers and execs say focus on managing costs should have come sooner, ideas aren't evaluated with the same rigor as before, and more (Jason Del Rey/Vox)
Jason Del Rey / Vox: Present and ex-Amazon managers and execs say deal with managing prices ought to have come sooner, concepts aren’t evaluated with the identical rigor as earlier than, and extra — After the most important company layoffs in its historical past, the tech big is at a …
Read More »Tech companies like Google and Microsoft have offered a muted response to unrest in Iran, prompting side projects by employees to fight censorship and more (Paresh Dave/Wired)
Paresh Dave / Wired: Tech corporations like Google and Microsoft have provided a muted response to unrest in Iran, prompting aspect initiatives by staff to struggle censorship and extra — Corporations like Google have provided a muted response to unrest in Iran. Grassroots coders are tackling web censorship on their …
Read More »Google cuts most of the Area 120 team and will graduate three of the incubator's projects in 2023; sources: staff not involved in those projects were laid off (Julia Love/Bloomberg)
Julia Love / Bloomberg: Google cuts a lot of the Space 120 staff and can graduate three of the incubator’s initiatives in 2023; sources: workers not concerned in these initiatives had been laid off — Alphabet Inc.’s Google has lower a lot of the jobs at Space 120, its in-house …
Read More »Emails and sources: Google fired 16% of its ~400-person Fuchsia OS team, Research cut jobs in low traction areas, and Cloud cut operational and other roles (New York Times)
New York Instances: Emails and sources: Google fired 16% of its ~400-person Fuchsia OS staff, Analysis reduce jobs in low traction areas, and Cloud reduce operational and different roles — The layoffs quantity to about 6 p.c of the worldwide work drive on the firm, the most recent tech big …
Read More »AWS will spend $35B on new data centers in Virginia by 2040, creating ~1,000 jobs, in exchange for tax breaks and potential performance grants of up to $140M (Bloomberg)
Bloomberg: AWS will spend $35B on new knowledge facilities in Virginia by 2040, creating ~1,000 jobs, in alternate for tax breaks and potential efficiency grants of as much as $140M — Amazon.com Inc.’s cloud unit will spend $35 billion on new knowledge facilities in Virginia by 2040, underscoring its willpower …
Read More »US prosecutors provide a list of ~$700M worth of Sam Bankman-Fried's seized assets, including ~$525M in Robinhood stock and $94.5M cash at Silvergate Bank (Dietrich Knauth/Reuters)
Dietrich Knauth / Reuters: US prosecutors present an inventory of ~$700M value of Sam Bankman-Fried’s seized property, together with ~$525M in Robinhood inventory and $94.5M money at Silvergate Financial institution — Federal prosecutors have seized practically $700 million in property from FTX founder Sam Bankman-Fried in January, largely within the …
Read More »The main reason ChatGPT is a threat to Google is because the latter's monopoly position allowed search to degenerate into a spam-ridden, SEO-fueled hellscape (Can Duruk/Margins)
Can Duruk / Margins: The principle cause ChatGPT is a menace to Google is as a result of the latter’s monopoly place allowed search to degenerate right into a spam-ridden, Web optimization-fueled hellscape — I hate monopolies and welcome our AI overlords … I do not actually cook dinner typically, …
Read More »China's second-largest chip foundry Hua Hong signs a $6.7B wafer fab deal to produce 65nm, 55nm, 40nm, and other chips, as China pivots away from sub-14nm tech (Che Pan/South China Morning Post)
Che Pan / South China Morning Publish: China’s second-largest chip foundry Hua Hong indicators a $6.7B wafer fab deal to supply 65nm, 55nm, 40nm, and different chips, as China pivots away from sub-14nm tech — China’s second-largest chip foundry Hua Hong Semiconductor Group, a state-backed semiconductor funding fund and a …
Read More »VR edtech company Dreamscape Learn, developed through a two-year partnership between Arizona State University and Dreamscape Immersive, raised a $20M Series A (Jeff Gifford/Phoenix Business Journal)
Jeff Gifford / Phoenix Enterprise Journal: VR edtech firm Dreamscape Study, developed by a two-year partnership between Arizona State College and Dreamscape Immersive, raised a $20M Collection A — An immersive studying instructional expertise firm developed in collaboration with Arizona State College has raised $20 million … Source link
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