Tech Archives - Page 202 of 1385

2 minute read

Is Microsoft’s Talent Poaching Of Inflection Staff Inviting EU Antitrust Scrutiny? Margrethe Vestager Warns: ‘If Things Become A Trend…’

April 3, 10:36 PM

EU antitrust chief Margrethe Vestager notes Microsoft's acquisition of Inflection AI staff, including co-founders, as a trend that could potentially trigger antitrust actions if it undermines competition.

MSFT

3 minute read

News
Tech

Elon Musk Reveals OpenAI Aggressively Poaching Tesla Engineers With ‘Massive Compensation’ Offers: ‘Talent War For AI Is The Craziest…’

By Ananya Gairola

April 3, 9:52 PM

Elon Musk reveals OpenAI's aggressive recruitment of Tesla engineers, countering by transitioning talent to his xAI project amidst a high-stakes AI talent war.

TSLA

3 minute read

Taiwan Earthquake Alarms Gene Munster: ‘The Only Thing That Can Slow AI In The Near-Term’ Is Impact On TSMC Chip Production

By Sudhanshu Singh

April 3, 9:26 PM

Gene Munster expressed concern about the impact of Taiwan's chip production challenges on AI development, highlighting the geopolitical implications and the vulnerability of the industry.

AAPL

2 minute read

Apple Tests Waters In Home Robotics After Shifting Focus From EV Project

By Piero Cingari

April 3, 4:57 PM

Apple is exploring home robotics, signaling their quest for the next breakthrough. Engineers are working on a mobile robot and a table-top device.

AAPL

2 minute read

Semiconductor Supply Chain Fears: Counting The Cost Of Taiwan’s Earthquake

By Neil Dennis

April 3, 2:55 PM

Market reaction to Taiwan earthquake shows companies in semiconductor supply chain are ready for such disasters, with minimal impact on market index and production of chip manufacturers.

AAPL

2 minute read

AI Expansion Has Been Fueling Broadcom’s Surge: Analysts And Technicals Signal Further Upside

By Surbhi Jain

April 3, 2:48 PM

Broadcom Inc. (AVGO) gained 10% after AI Investor Day, expects $10B in AI sales. Analysts have $1640 PT, technical analysis shows bullish trend.

AVGO

3 minute read

Amazon Adapts Grocery Game Plan, Analyst Sees Growth with Smart Carts and Automated Fulfillment Centers

By Anusuya Lahiri

April 3, 2:15 PM

BofA analyst reiterates Buy rating on Amazon, reports switch from Just Walk Out to smart carts for Fresh locations. Advertising revenue potential.

AMZN

2 minute read

Stocks Rebound As Dollar Eases, GE Aerospace Rallies, Oil Prices Top $86: What’s Driving Markets Wednesday?

By Piero Cingari

April 3, 1:31 PM

Wall Street in the green on Wed as lower-than-expected ISM services PMI eased concerns about US economy overheating and Fed cutting rates.

COTY

2 minute read

Amazon Web Services Streamlines Operations, Reduces Workforce in Key Departments Amid Digital Pivot

By Anusuya Lahiri

April 3, 12:28 PM

AWS streamlines its workforce, announcing several hundred job cuts across its Sales, Marketing, and Global Services, and Physical Stores Technology teams. The move, aimed at optimizing operations, signals a shift towards digital self-service training amid overlapping roles. Amazon commits to supporting affected employees with comprehensive transition plans, underscoring its strategic focus despite the global workforce reduction.

AMZN

3 minute read

Intel Stock Dives As Chipmaker Changes Reporting Structure: Takeaways From 6 Analysts

By Priya Nigam

April 3, 12:19 PM

Intel Corp (NASDAQ: INTC) shares were tanking in early trading on Wednesday, amid news of the company’s foundry business facing a $7 billion loss.

INTC