The cuts follow a round of layoffs announced several months ago that affected more than 18,000 jobs.
Author: Admin
Falling Lithium Prices Are Making Electric Cars More Affordable
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
Amazon is laying off another 9,000 workers
Enlarge / Amazon has announced 27,000 layoffs since November 2022. (credit: Nathan Stirk/Getty Images) Amazon will lay off another 9,000 workers in the coming weeks. The news was delivered in an email from company CEO Andy Jassy to employees this morning and follows large cuts in November and again in January. In his email to...
(BPRW) Black Tech Week Returns to Cincinnati
(Black PR Wire) CINCINNATI – Black Tech Week, the iconic inclusion-focused tech conference acquired in early 2022 by economic impact organization Lightship Foundation, will return to Cincinnati from July 18–20. Lightship’s inaugural…
WeWork Reaches a Debt Restructuring Deal With SoftBank
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
Justice Dept. Investigating TikTok’s Owner Over Possible Spying on Journalists
The inquiry appears to be tied to an admission by the app’s owner, ByteDance, that employees had inappropriately obtained Americans’ data. The company said it had fired the workers involved.
Twitter’s Talks Over Licensing Music Are Said to Stall Under Elon Musk
Twitter didn’t move forward with the music licensing deals because of costs, people with knowledge of the matter said.
YouTube Restores Donald Trump’s Account Privileges
The Google-owned video platform became the latest of the big social networks to reverse the former president’s account restrictions.
Silicon Valley Bank’s Deep Ties to the Tech Industry
More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
Anthropic introduces Claude, a “more steerable” AI competitor to ChatGPT
Enlarge (credit: Anthropic) On Tuesday, Anthropic introduced Claude, a large language model (LLM) that can generate text, write code, and function as an AI assistant similar to ChatGPT. The model originates from core concerns about future AI safety and Anthropic has trained it using a technique it calls “Constitutional AI.” Two versions of the AI...