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Tech Industry
60 stories related to this topic, newest first.
finance2 days ago
Former Web Developer Hired as Civil Site Designer Two Months After Layoff
Brian Gordon started a civil site designer role on May 6 after his frontend developer position ended in March. The new job involves designing parking lots and drive-thrus using AutoCAD.
uctoday.comai15 days ago
Amazon Plans to Hire 11,000 Interns and Graduates in 2026
AWS CEO Matt Garman said the company will continue recruiting entry-level talent next year. He argued that replacing junior roles with AI is not cost-effective and would harm long-term company health.
Semaforai17 days ago
OpenAI, Google, Apple and SpaceX Develop Custom AI Chips
OpenAI announced plans for Jalapeño, a custom inference chip built with Broadcom. The move joins similar efforts by Google, Apple and SpaceX to reduce reliance on a single supplier.
memeburn.comai24 days ago
Nobel-Winning AlphaFold Researcher John Jumper to Join Anthropic After Leaving Google DeepMind
The chemist who led AlphaFold development will join the AI startup after nearly a decade at Google. He shared the 2024 Nobel Prize in Chemistry with Demis Hassabis.
foxbusiness.comai28 days ago
Anthropic Went Public at $965 Billion Valuation, Executive Describes Hiring Priorities
Anthropic went public at a $965 billion valuation and is hiring for six-figure roles. Boris Cherny, architect of Claude Code, described three hiring priorities at Fortune’s Brainstorm Tech conference.
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Substrate placeholder — needs reviewtechnology33 days ago
CrowdStrike Report: North Korean Hackers Accounted for 47% of State-Backed Tech Intrusions Targeting U.S. Companies
CrowdStrike’s annual report found North Korean operatives posing as remote IT workers carried out roughly half of documented hands-on-keyboard intrusions at U.S. tech companies between April 2025 and May 2026.
ai39 days ago
Altman: Enterprises Shift From Unlimited AI Spending to Budget Scrutiny
Sam Altman said AI spending moved from a non-issue at the start of 2026 to a major budget concern within months. The remarks prompted online debate over costs and business models.
theweek.comtechnology45 days ago
METR Survey: Developers Report AI Doubles Their Value to Organizations
Technical employees report AI makes them twice as valuable, yet studies show mixed productivity results and rising maintenance costs. Companies report heavy spending on AI-generated code fixes.
realclearpolitics.compolitics53 days ago
H-1B Visa Approvals Reach 406,348 in 2025 as Companies Face New Fee
U.S. Citizenship and Immigration Services approved 406,348 H-1B visas in 2025. The total marks an increase from 275,317 approvals in 2015. A new $100,000 fee applies to workers outside the United States.
finance54 days ago
Former Meta Employee Shares Career Path After 2023 Layoff
Emily Pitcher was laid off from Meta in 2023. She later started independent game development and content creation work.
BBC Newsai59 days agoUpdated
Closing Arguments Delivered in Elon Musk Lawsuit Against OpenAI and Sam Altman
Attorneys for Elon Musk and OpenAI presented closing arguments Thursday in federal court as a jury weighs whether Musk's $38 million investment in the organization carried conditions that it remain strictly nonprofit. Evidence presented during the trial showed both sides initiall…
Engadgettechnology60 days ago
Science Based Targets Initiative Drops Proposal for Stricter Data Center Emissions Rules
The Science Based Targets initiative has dropped a proposed rule that would have required tech companies to match clean energy certificates to fossil fuel use by time and location. The decision followed lobbying from industry groups that argued the requirements would be onerous.…
bbc.co.ukai62 days agoUpdated
Sam Altman Testifies in Musk’s OpenAI Lawsuit
OpenAI CEO Sam Altman, 41, told a federal jury in Oakland that Elon Musk, 54, pushed for full control of the organization and integration with Tesla prior to his departure. Musk, who co-founded OpenAI in 2015, filed suit in 2024 seeking more than $150 billion in damages from Open…
New York Postai62 days ago
Sam Altman Testifies Elon Musk Sought Control of OpenAI and Backed For-Profit Shift
OpenAI CEO Sam Altman told a federal jury in Oakland that Elon Musk wanted majority control of the AI startup he co-founded and suggested its leadership would pass to his children if he died. Altman disputed Musk’s accusation that he stole a nonprofit, testifying that Musk knew a…
New York Postai63 days ago
Microsoft CEO Satya Nadella Testifies in Elon Musk Lawsuit Over OpenAI For-Profit Shift
Microsoft's CEO testified in federal court that OpenAI's transition to a for-profit structure was necessary to pursue its mission and that the company has delivered strong returns on its investment. The testimony came during the third week of Elon Musk's trial accusing OpenAI of…
Cnbcai63 days ago
National Economic Council Director Says AI Not Costing Jobs Now
National Economic Council Director Kevin Hassett said there is no sign in the data that artificial intelligence is costing anyone their job at present. His comments were made as several technology companies including Amazon, Meta and Oracle have announced job cuts with some citin…
ai65 days ago
Tech Companies Report 30-84% of New Code Now Written With AI Assistance
Executives from Airbnb, Chime, DoorDash and others detailed AI's role in writing 30% to 90% of new code during recent earnings calls. Mark Zuckerberg predicted 2026 would mark dramatic workplace change from the technology. Business Insider reported the trend as companies position…
ai66 days ago
Cloudflare Cuts 1,100 Jobs, About 20% of Workforce, in First Mass Layoff
Cloudflare announced its first mass layoff on Thursday, cutting about 20% of its workforce even as it reported record quarterly revenue of $639.8 million. CEO Matthew Prince attributed the cuts to massive productivity gains from AI adoption that began tipping internally last Nove…
ai66 days ago
DeepL Cuts 250 Jobs, Over 21% of Workforce, as It Accelerates AI Integration
DeepL CEO Jarek Kutylowski called the cuts the most difficult of his career and said the company is not currently built to operate as an enduring global AI company. In a LinkedIn memo, he announced a shift to founder mode, a small taskforce to rethink product building with AI at…
foxnews.comai66 days ago
Meta Tracks Employee Computer Activity and Prepares Layoffs as It Shifts to AI
Meta told its U.S. employees last month that it would begin tracking what they type, mouse movements, clicks and screen content on company laptops. The company is pushing many of its 78,000 workers to adopt artificial intelligence tools while preparing to lay some of them off. Em…
Fox Newstechnology66 days ago
DOJ and FBI-led Operation Results in 276 Arrests and Shuts Down Nine Overseas Crypto Fraud Centers
U.S. authorities, working with international partners and Meta, dismantled organized cryptocurrency fraud networks that targeted Americans and drained millions of dollars. The operation resulted in at least 276 arrests and federal charges against several suspects. Meta provided c…
koreatimes.co.krworld67 days ago
Seoul Appeals Court Sides With Google Korea in Corporate Tax Dispute
An appeals court upheld a lower court ruling in favor of Google Korea in a corporate tax cancellation case valued at more than 150 billion won. The Seoul High Court sided with the company over taxes imposed in 2020 related to income transferred to its Singapore unit. The court di…
teslarati.comai67 days ago
Anthropic Revenue Grows 80-Fold in First Quarter
Anthropic CEO Dario Amodei said the company experienced 80-fold growth in revenue and usage during the first quarter on an annualized basis. The surge far exceeded the company's planned 10-fold increase, creating difficulties securing enough computing power. Amodei spoke at the c…
Nbc Newsai68 days ago
Shivon Zilis Testifies She Prioritized 'AI for Humanity' in Musk vs. OpenAI Trial
Zilis, a former OpenAI board member and mother of four of Elon Musk's children, described their relationship evolving from a platonic sperm donation to a romantic partnership. She denied funneling information to Musk and said her board decisions were unaffected. The testimony cam…
Los Angeles Timesai68 days ago
Sam Altman Testifies in Elon Musk Lawsuit Over OpenAI's For-Profit Shift
OpenAI CEO Sam Altman is scheduled to testify this week in a federal trial brought by Elon Musk accusing him and the company of betraying its founding nonprofit mission. Testimony has detailed Altman's 2023 ouster, his pattern of behavior cited by former board members, and OpenAI…
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indiatoday.intoday.intechnology68 days ago
Microsoft Offers Voluntary Early Retirement Package to Long-Serving US Employees
The company posted details of a buyout package on its internal HR site on May 6, 2026, one day ahead of schedule. Eligible employees with combined age and service years totaling 70 or more will receive healthcare, cash severance and stock vesting. It is the first such program in…
lamag.comai68 days ago
OpenAI President Testifies Musk Threatened to Hit Him During 2017 Control Dispute
Greg Brockman told a federal jury in Oakland that Elon Musk's demeanor changed abruptly during a 2017 meeting when Brockman rejected a proposal for greater control over the then-nonprofit AI startup. Brockman said he feared Musk would hit him and that Musk then announced he would…
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news.sky.comworld69 days ago
Coinbase Announces 14% Workforce Reduction to Flatten Structure and Integrate AI
Coinbase plans to lay off about 700 employees as part of a restructuring to make its operations more efficient and AI-focused. The changes include reducing management layers and creating AI-native teams. The move follows trends in the tech sector amid advancements in artificial i…
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Los Angeles Timesfinance69 days ago
Crypto Firms Coinbase and 0G Labs Cut Staff Citing AI Efficiency Gains
Coinbase announced it is laying off about 14% of its workforce, or roughly 700 employees, to become more AI-native amid cryptocurrency market volatility. Similarly, AI crypto startup 0G Labs is slashing 25% of its staff to leverage AI agents for higher productivity. These moves r…
newser.comfinance69 days ago
Coinbase Lays Off 14% of Workforce
Coinbase will reduce its workforce by about 14%, affecting roughly 660 to 700 employees, as the company adapts to market volatility and integrates artificial intelligence. CEO Brian Armstrong cited the need for a leaner structure to prepare for future growth. The layoffs are expe…
foxbusiness.comfinance69 days ago
Coinbase Lays Off 660 Employees
Coinbase announced a workforce reduction of 14%, affecting roughly 660 employees, as part of a broader restructuring. The changes include replacing managers with player-coaches and flattening the organizational structure. CEO Brian Armstrong stated the moves aim to address market…
The Independentpolitics70 days ago
Google Joins Microsoft, Amazon in Pentagon AI Deals for Classified Defense Applications
Google has entered into an agreement with the Pentagon to integrate its AI models into classified operations, as announced last week. The deal joins similar arrangements by other tech firms including Microsoft, Amazon Web Services, Nvidia, OpenAI, Reflection and SpaceX. Employee…
techcentral.co.zaai70 days ago
Brockman Testifies OpenAI Stake Worth $30 Billion in Musk Lawsuit
OpenAI co-founder and President Greg Brockman testified in a federal trial that his stake in the company is worth nearly $30 billion, amid allegations from Elon Musk that OpenAI unlawfully shifted from nonprofit to for-profit status. The disclosure came during questioning by Musk…
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asiaone.comai70 days ago
U.S. Building Trades Unions See Record Growth from Data Center Construction Surge
Unionized workers are building a growing share of massive data center projects fueling America's artificial intelligence expansion. Unions report record membership and apprentice numbers in 2025, driven by construction demand from tech giants. They are negotiating labor agreement…
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ecns.cnfinance70 days ago
Nvidia's Market Share in China Falls to Zero Amid U.S. Export Restrictions
Nvidia CEO Jensen Huang stated that the company's market share in China has dropped to zero due to ongoing U.S. export restrictions. The company reported $19.67 billion in revenue from China for fiscal year 2026 but anticipates none in the first quarter of fiscal 2027. President…
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finance.yahoo.comfinance70 days ago
GameStop Proposes $56 Billion Acquisition of eBay
GameStop has proposed an unsolicited $56 billion acquisition of eBay, aiming to combine physical retail with online marketplace operations. CEO Ryan Cohen, who founded Chewy, outlined plans for cost cuts and synergies, but analysts question the deal's feasibility due to GameStop'…
finance71 days ago
Sharebite Data Shows Corporate Meal Orders Doubled on Saturdays and Up 57% After Hours in Q1 2026
Data from corporate meal platform Sharebite shows a surge in weekend and evening orders in the first quarter of 2026, outpacing user growth. This trend aligns with research linking AI adoption to longer work hours among employees. Companies like Atlassian, Block, and Snap cited A…
Fortunefinance71 days ago
Eventbrite Cofounder Julia Hartz Sells Company for $500 Million and Plans Next Steps
Julia Hartz, cofounder and former CEO of Eventbrite, completed a $500 million sale of the company to Bending Spoons. She is now exploring new opportunities, including potential internships and hobbies. Hartz has not been without employment since age 15.
finance.yahoo.comfinance73 days ago
California Billionaire Tax Measure Qualifies for November Ballot
A proposed wealth tax on California's billionaires has secured enough signatures to appear on the November ballot, drawing opposition from Silicon Valley figures. The measure targets assets over $1 billion with a 5% one-time levy to fund healthcare. Meanwhile, data center expansi…
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New York Postfinance73 days ago
Apple Reports Record $111.2 Billion Revenue in Fiscal Q2 2026
Apple announced its fiscal second-quarter results, posting $111.2 billion in revenue, driven by strong iPhone and services sales. Incoming CEO John Ternus and CFO Kevan Parekh emphasized continued financial discipline amid the leadership transition. Shares rose more than 3% follo…
ksl.comai74 days ago
China Orders Meta to Reverse $2 Billion Acquisition of AI Startup Manus
Beijing authorities have ordered Meta to unwind its $2 billion takeover of the AI startup Manus. The order marks a significant regulatory action against the deal. Newley Purnell reported on the development, highlighting its implications for the company.
under30ceo.comai75 days ago
Elon Musk Testifies in OpenAI Lawsuit
Elon Musk concluded three days of testimony in his lawsuit against OpenAI and Sam Altman, accusing them of breaching the company's original nonprofit mission. The trial, underway in Oakland, California, revealed private communications and financial details from OpenAI's founding.…
under30ceo.comai75 days ago
Elon Musk Testifies in OpenAI Lawsuit Over Nonprofit-to-Profit Shift
Elon Musk completed three days on the witness stand in his federal trial against OpenAI and its CEO Sam Altman, accusing them of betraying the company's original nonprofit mission. The case, underway in Oakland, California, has revealed private communications and drawn protests o…
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gamereactor.eutechnology75 days ago
Microsoft to Provide Xbox.com Email Addresses to All Xbox Employees Next Month
Microsoft is assigning @xbox.com email addresses to all Xbox employees as part of efforts to strengthen the Xbox identity. The change, set for next month, allows opt-outs and includes similar updates for Mojang staff. It follows last week's rebranding of the gaming division to Xb…
insidermonkey.comfinance75 days ago
Major Companies Report Q1 2026 Earnings
Several large corporations including Meta, Amazon, Alphabet, Ford, and Coca-Cola reported first-quarter 2026 earnings that exceeded analyst expectations, driven by revenue growth in key segments. Coca-Cola raised its full-year outlook despite macroeconomic uncertainties. Separate…
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+4under30ceo.comai76 days ago
Elon Musk Sues Sam Altman and OpenAI in California Court
Elon Musk's legal battle against Sam Altman and OpenAI commenced with jury selection in a federal court in Oakland, California. The lawsuit alleges that OpenAI breached its founding agreement by shifting to a for-profit model and partnering with Microsoft. The case could have sig…
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benzinga.comfinance76 days ago
Spotify Q1 Subscribers, Revenue Rise; Q2 Guidance Misses, Shares Fall 12%
Spotify shares dropped as much as 12% in premarket trading on April 28, 2026, following the release of its first-quarter earnings. The company reported revenue and subscriber growth in line with or above expectations but issued Q2 guidance below analyst forecasts. Leadership chan…
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under30ceo.comai77 days ago
Jury Selection Underway in Elon Musk's Lawsuit Against OpenAI in Oakland Court
Jury selection started in a federal courtroom in Oakland, California, for Elon Musk's civil lawsuit against OpenAI CEO Sam Altman and the company. Musk alleges breach of contract over OpenAI's shift from nonprofit to for-profit status, seeking more than $130 billion in damages.
smallbiztrends.comfinance78 days ago
Companies Reduce Employee Benefits and Plan Staff Cuts
Several major companies are scaling back employee benefits and announcing staff reductions. Deloitte and Zoom are cutting parental leave and other perks, while Meta plans layoffs and Microsoft offers buyouts. These moves reflect a focus on efficiency amid economic pressures.
bgr.infinance79 days ago
Meta Lays Off 10% of Workforce Starting May 20, 2026
Meta revealed it will cut about 10% of its workforce next month, confirming the plans in an internal memo after a leak. The announcement leaves employees in a period of uncertainty. HR experts offered insights on how workers might respond during the limbo.
cnbc.comfinance80 days ago
Meta and Microsoft Announce Job Cuts for AI Efficiency
Meta and Microsoft disclosed significant workforce reductions on Thursday, potentially affecting over 20,000 jobs combined. The moves come as tech companies invest heavily in AI while seeking operational efficiencies. Industry experts express concerns that AI advancements are acc…
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thehindu.comfinance80 days agoUpdated
Trump States Tariffs on UK Unless Digital Services Tax Reversed
President Donald Trump threatened to impose a big tariff on the UK if it does not drop its digital services tax on US social media companies. This comes amid ongoing scrutiny of social media harms, including a 2024 Senate hearing where Meta CEO Mark Zuckerberg apologized to affec…
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truthout.orgpolitics81 days ago
Trump Posts Podcast Transcript on Birthright Citizenship to Truth Social
President Trump shared a transcript from a conservative podcast on Truth Social. The transcript included criticism of birthright citizenship and immigrants from India and China. It also claimed that tech companies in California have mechanisms to be run solely by Indian individua…
thehindu.comfinance81 days agoUpdated
White House Memo Details Alleged Chinese AI Distillation Campaigns
The White House has accused foreign entities, primarily based in China, of conducting coordinated campaigns to copy frontier AI models from US companies using thousands of surrogate accounts. The accusations involve distillation techniques that extract capabilities from American…
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CoinDeskai81 days ago
Several Coinbase Marketing Executives Join OpenAI Over Past 18 Months
Six senior marketing executives from Coinbase, including its former chief marketing officer, have moved to OpenAI in the past year and a half. Some of these executives previously worked together at Meta. OpenAI has also hired talent from Coinbase in policy, product design, and da…
deccanchronicle.comai82 days agoUpdated
Meta Installs Tracking Software on U.S. Employees' Computers for AI Training
Meta is deploying software to monitor U.S. employees' computer interactions, including mouse movements and keystrokes, to gather data for AI model training. The initiative aims to improve AI agents' ability to perform white-collar tasks. Safeguards are in place to protect sensiti…
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+1Substrate placeholder — needs reviewpolitics83 days ago
California Mother Advocates for AI Chatbot Regulations After Son's Suicide
A California mother is supporting legislation to increase oversight of AI chatbots following her son's suicide, which she attributes to interactions with ChatGPT. She testified in Sacramento about the lack of safeguards in the system. The proposed bills aim to implement safety me…
Substrate placeholder — needs reviewfinance84 days ago
Google DeepMind CEO Rejects Ex-Engineer's Claims of Slow Internal AI Adoption
Former Google engineer Steve Yegge claimed the company's internal AI adoption lags, prompting pushback from Google DeepMind CEO Demis Hassabis and others. Yegge doubled down, citing anonymous Googlers describing a two-tier system. Business Insider reported on the public exchange…
Substrate placeholder — needs reviewai84 days ago
Meta Plans to Cut 8,000 Jobs Amid Shift to AI Investments
Meta announced plans to reduce its workforce by 8,000 positions, representing about 10% of its employees. The company is redirecting resources toward artificial intelligence as interest in the Metaverse declines following substantial prior investments. Other technology companies…
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Substrate placeholder — needs reviewtechnology86 days ago
Venture Capitalist Ron Conway Announces Rare Cancer Diagnosis
Longtime venture capitalist Ron Conway revealed he has been diagnosed with a rare form of cancer. He plans to step back from some activities while continuing to support founders at his firm SV Angel. Conway expressed optimism about his treatment and noted that his sons handle key…